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Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it works to control costs

Subscribe to enjoy similar stories. Page Industries Ltd’s shares have declined 6% since it announced its December quarter (Q3FY25) results, reflecting that investors are not focused on the solid operating margin, but on sluggish revenue growth. Despite the festive tailwind in October, Page’s Q3 revenue increased only 7% year-on-year to ₹1,313 crore, marking a reversal from the double-digit 11% growth seen in Q2 after clocking single-digit growth or decline since Q3FY23.

EKA Mobility on Thursday said it has inked an initial pact with KPIT Technologies to develop powertrain components such as traction motors, controllers, vehicle control units, and battery management systems for e-buses and CVs. The memorandum of understanding signed between the two partners will leverage KPIT's three-decades of work in mobility and an extensive lineup of indigenously developed electric powertrain technologies, which will enable EKA Mobility to deliver energy efficiency, reduce total cost of ownership, EKA Mobility said.

eggs were stolen from the back of a trailer over the weekend, as egg prices in the U.S. continue to skyrocket.The poached eggs, estimated to be worth US$40,000 (nearly C$57,276), were in a distribution trailer outside Pete & Gerry’s Organics in Greencastle, Pa., when someone broke into it around 8:40 p.m.

Subscribe to enjoy similar stories. Swiggy Ltd’s food-delivery business saw a sequential rise in its average monthly transacting users to 14.9 million in Q3FY25 from 14.7 million. This compares with the quarter-on-quarter (q-o-q) drop in Zomato Ltd’s user base to 20.5 million from 20.7 million.

Subscribe to enjoy similar stories. The Indian stock market has faced significant turbulence recently, with the Sensex and Nifty showing sharp declines and heightened volatility. Broader indices, not far from their 52-week lows, also reflect growing investor anxiety amid a series of negative developments.

Federal Reserve officials on Wednesday pointed to the large policy uncertainty around tariffs and other issues arising from the early days of President Donald Trump's administration as among the top challenges in figuring out where to take U.S. monetary policy in the months ahead. Chicago Fed President Austan Goolsbee warned that ignoring the potential inflationary impact of tariffs would be a mistake, whereas Richmond Fed President Thomas Barkin said it remains impossible at this early stage to know where cost increases from any tariffs might be absorbed or passed along to consumers. The views of the two U.S. central bankers were emblematic of the cautious approach Fed officials are angling to take in deciding whether to resume interest rate cuts later this year or continue to keep them on hold. The Fed left its benchmark interest rate unchanged last week in the 4.25%-4.50% range after cutting it at three straight meetings to close out 2024. The U.S. economy is strong, the labor market is «plausibly» at full employment, and inflation has come down and is approaching the Fed's 2% goal, Goolsbee said in remarks prepared for delivery to the Chicago Fed's annual auto symposium in Detroit.

Subscribe to enjoy similar stories. The pace of change in the field of artificial intelligence (AI) is “unbelievably more powerful than Moore's Law", Sam Altman, CEO of ChatGPT creator OpenAI said in an interview on Tuesday, when he was in India as part of a larger tour of several countries. The tour comes barely a fortnight after the release of China's DeepSeek R1 shook the market values of some of the world's biggest tech and AI firms.

Canada’s mortgage market is reacting to fears this week that United States President Donald Trump’s threatened tariffs could deliver a sharp blow to the Canadian economy.

Bungie has launched a Star Wars collaboration in Destiny 2. This event started on February 4, 2025, with the beginning of Episode Heresy. Players can purchase Star Wars-themed cosmetic items from the Eververse Store using in-game currency.

Workday is cutting about 1,750 jobs, or 8.5% of its workforce

US tech companies took a hit on 27 January after Chinese startup DeepSeek launched an artificial intelligence tool in competition against Western-backed models at a fraction of the research and development cost. MPs to scrutinise use of AI in financial services following DeepSeek launch The emergence of an unexpected Chinese rival in the widely popular AI space sent markets into a spiral, with the US taking some of the biggest hits on the day. The tech-heavy Nasdaq Composite ended the day 3% lower than the previous Friday while Nvidia, the market's AI darling, at 19,341 experienced...

Google on Wednesday announced updates to its Gemini family of large language models, including a new product line with competitive pricing to low-cost artificial intelligence models like that of Chinese rival DeepSeek, as per a report.

Manasi Tata, vice-chairperson at Toyota Kirloskar Motor told ET.

Subscribe to enjoy similar stories. Bengaluru: Growth investments being made into Swiggy’s quick commerce arm Instamart will mature over time as the firm works on reducing delivery costs and increasing advertising revenue, according to chief financial officer Rahul Bothra. The firm’s average order value in the October-December quarter was ₹534, up 14% year-on-year, while the cost of fulfilling a delivery is now the lowest it has ever been, Bothra told Mint in an interview on Wednesday.

Maurice Obstfeld, former Chief Economist at the International Monetary Fund (IMF), teaches at the University of California, Berkeley. Speaking to Srijana Mitra Das, he discusses burgeoning tariffs — and their effects on prosperity:

Subscribe to enjoy similar stories. Want to feel old? The Cosmopolitan cocktail—that blush-pink symbol of sybaritic urban sophistication, thanks to many appearances on the series “Sex and the City"—is almost 40. The drink was invented in the late 1980s at Manhattan’s Odeon by a young bartender named Toby Cecchini.

Subscribe to enjoy similar stories. Generative AI pioneer OpenAI has begun discussions to house data of its Indian users within the country, three executives who attended Wednesday's New Delhi meeting with the company's chief executive said. “OpenAI is looking for ways to expand its India presence, which is a natural process since India is one of the biggest developer ecosystems for the company.

Edmunds compares certified pre-owned vehicles and standard used cars, highlighting the benefits and drawbacks of each

Subscribe to enjoy similar stories. Indian buyers who wait for their homes for years after a developer goes bankrupt have a reason to hope: they can now get their properties even as the case winds through courts.

Cameron Mitchell Restaurants founder and CEO Cameron Mitchell unpacks the impact of the the disease on the cost of goods on 'The Claman Countdown.'