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Treasury Secretary Janet Yellen is telling world financial leaders that the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump’s policies two weeks...

Subscribe to enjoy similar stories. Bengaluru/Mumbai: Venture capital investors are increasingly encouraging some of their early- to mid-stage portfolio startups, such as IntrCity, BHive, and Leverage Edu, to go public, hoping to take advantage of a bullish stock market and return capital to their investors.

Subscribe to enjoy similar stories. Go First, the grounded airline entangled in bankruptcy proceedings, is seeking permission for a foreign funding lifeline to pursue a high-stakes arbitration case against Pratt & Whitney. If granted, the move would mark an unprecedented shift in India’s Insolvency and Bankruptcy Code (IBC), potentially reshaping how distressed companies fund litigation.

The UK-based vehicle will follow the strategy of its US-domiciled peer and will complement the SICAV version of the fund, which was launched in December 2023. The US Structured Research Equity fund holds between 200 and 275 positions, and its stock selection is solely based on the insights provided by 30 analysts within the firm's US equity research team. T. Rowe Price's Ritu Vohora: Adjusting your sails in stormy seas Analysts allocate capital to investments within their area of expertise with the most attractive risk-adjusted return outlook. In addition, the portfolio's sector...

crypto market. Let’s dive into the key factors that have fueled Bitcoin's recent price action.

Subscribe to enjoy similar stories. Keeping up with the latest investing trends can be a real hassle for retail investors nowadays.With fast-moving trends, changing market conditions, and numerous industries to choose from, new investors have a lot to consider when building their portfolios. But in today's hyper-connected digital world, we have access to more data and insights than ever before. This has made ‘guru investing’ more popular than ever.

Subscribe to enjoy similar stories. Modern China is a superpower with its roots in a guerrilla army. This helps explain its self-interested responses to crises, including the turmoil now raging in the Middle East.

US-China trade war have fallen short, according to a new study, with other Asian rivals benefiting to a much greater extent from escalating tensions between the world’s biggest economies. Between 2017 and 2023, India’s total share in US imports rose by 0.6 percentage points to 2.7% while mainland China’s portion dropped by around 8 percentage points to under 14%, according to Oxford Economics. The biggest beneficiary from the trade diversion in the region has been Vietnam, whose total share in US imports grew by 1.7 percentage points to 3.7% in the period. Taiwan and South Korea have also made greater strides than India, increasing their share of US imports by 1 percentage point and 0.7 percentage points, respectively, according to Oxford.

Apple CEO Tim Cook was in China for the second time this year, he said on social media Tuesday, as the US technology giant seeks to shore up slumping sales in a crucial overseas market. The iPhone maker remains popular among Chinese consumers but has ceded ground to domestic rivals in recent years as the Asian nation faces slowing economic growth and sluggish consumption. Cook said Tuesday on his official account on social media platform Weibo that he had met with Chinese university students using Apple products to boost sustainable farming practices.

Donald Trump surrogate Elon Musk's offer of a million dollars to one registered voter in a swing state every day until the US Election Day on November 5 has raised questions about the legality of such a move. While Democratic candidate Kamala Harris's campaign has not commented on the contest, Josh Shapiro, the Democratic Governor of Pennsylvania, said on NBC's Meet the Press: «I think it's something that law enforcement should take a look at.» Musk, the world's richest man, announced the contest Saturday in Pennsylvania, one of the seven "swing states" that will likely determine who will become the next US president — Harris, or Republican Trump.

Subscribe to enjoy similar stories. With polls suggesting that Kamala Harris has at least a 50% chance of winning next month’s US presidential election, questions about her economic-policy agenda have come to the fore. Of course, much will also depend on down-ballot outcomes.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Surge, Peak XV’s programme for early-stage startups, has selected 14 startups for its tenth cohort, focusing on artificial intelligence (AI), financial services, consumer sectors and healthcare. Rajan Anandan, managing director of Peak XV, told ET that this is Surge’s most broad-based cohort, both geographically and across sectors. This also marks Surge’s second cohort since Peak XV Partners was formed following the split from Sequoia Capital.

rupee stayed flat at 84.07 against the US dollar in early trade on Tuesday as positive sentiment in domestic equity markets was negated by the unabated outflow of foreign funds. The local unit resisted the fall on the back of the retreating dollar and a downward movement in the crude oil prices, forex traders said. At the interbank foreign exchange, the rupee opened at 84.07 against the greenback and traded on a flat note in early deals.

BRICS Summit, taking place from October 22 to 24, John Kirby, White House National Security Communications Advisor, stated that the United States doesn't view BRICS organisation as a «threat.» The remarks by Kirby came while addressing the reporters during a press conference. On being asked about the BRICS Summit, Kirby said that the summit shouldn't be viewed as a grand entrance for Russian President Vladimir Putin or Russia and asserted that BRICS as an organisation isn't new.

Wall Street Journal and the New York Post filed a lawsuit in a US court on Monday against AI company Perplexity AI, alleging massive copyright infringement and trademark violations. Perplexity is one of Silicon Valley's hottest startups, whose AI powered search engine is often mentioned as a potential disruptor to Google. The lawsuit in a federal court in New York accuses Perplexity of illegally copying and reproducing copyrighted content from The Wall Street Journal and the New York Post to power its AI-driven «answer engine.»

Federal Reserve will take a measured approach to interest rate cuts, while a close battle in the upcoming U.S. election kept investors on edge. The dollar's strength, boosted by rising Treasury yields, kept the pressure on the yen, euro and sterling — a theme that has been building over the past few weeks as data showed the U.S. economy remained in a good place, resulting in traders scaling back their bets of large and rapid rate cuts from the Fed.

Federal Reserve rate cuts. Shares in Australia, Japan, and South Korea all fell, while futures for benchmarks in Hong Kong pointed to losses. That’s after equities in the US dropped from nearly overbought levels, following a relentless advance to all-time highs.

Mumbai: SoftBank Investment Advisers co chief executive Alex Clavel rates India among its top performing markets, on the back of a spree of public listings by its portfolio firms. “India is the world’s most successful IPO market of 2024,” he said during an exclusive interaction with ET at SoftBank’s office in Mumbai. “Others, including the US, haven’t seen as many IPOs, even outside of tech.” Clavel took over his new role at the Japanese conglomerate a year ago, jointly leading its investing vehicle SoftBank Vision Fund ( SVF) with Rajeev Misra. While Clavel spearheads SVF-II, Misra who stepped away from day-to-day operations in 2022 and later launched One Investment Management, oversees legacy investments from SVF-I. Clavel’s ascension coincided with a tightening of the ship at the Masayoshi Son-founded group after years of exuberance, amid a broader reset in the technology investing world.

Kamala Harris and her Republican rival, Donald Trump, delivered radically different messages on the U.S. campaign trail on Monday as they sought to win over undecided voters in the two weeks before Election Day. Vice President Harris, campaigning alongside former Republican lawmaker Liz Cheney in the three midwestern battleground states, argued that Trump, the former president, was a threat to democracy. As the election draws closer, Harris has been sharpening her attacks on Trump's fitness for office, often calling him «unstable» or «unhinged» and questioning his temperament.

Subscribe to enjoy similar stories. When German President Frank-Walter Steinmeier awarded Joe Biden the Grand Cross special class of the German Order of Merit in Bellevue Palace here last week, it was a moment of vindication for the beleaguered American president. The only other American so honored was George H.W.