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Google sweetened its original offer for $23 billion in July to $32 billion, making it one of the largest tech deals ever, and dramatically upped the breakup fee to more than $3.2 billion, people familiar with the agreement said. But the real closer for Wiz and Google executives was the change at the White House that brought with it the prospect of a friendlier antitrust review under Trump, these people said. Google made another pass last fall while Wiz considered a potential IPO, these people said. While negotiations continued sporadically over several months, executives started meeting regularly to hammer out details of a deal after Trump's Jan. 20 inauguration and appointment of key antitrust officials in his administration, these people said.

trade for investors while China is a tactical trade. However, to maintain this investor confidence and accelerate its economic trajectory, it may be argued that India needs to undertake key reforms rather than rely on external factors.

Nvidia chief Jensen Huang on Tuesday showcased cutting-edge chips for artificial intelligence and new applications for the technology, shrugging off talk of China's DeepSeek disrupting the market and dangers from US President Donald Trump's trade wars. Huang gave a hotly anticipated keynote presentation at Nvidia's annual developers conference that packed the SAP Center in the Silicon Valley city of San Jose, home of the Sharks NHL hockey team. Billing the event as an AI «Super Bowl,» the Taiwan-born tech titan was greeted by an audience of more than 20,000 who sat through his two-hour-plus address announcing the company's latest updates.

Total exports rose 11.4% year-on-year in February, data showed, less than a median market forecast for a 12.1% increase and following a 7.2% rise in January. The threat of Trump's aggressive tariffs has led some Japanese companies such as Sony Group to stockpile inventory in the United States, a step that could have temporarily boosted overall export volumes. Exports to the U.S. rose 10.5% in February from a year earlier, while those to China were up 14.1%, the data showed. Shipments to China may have been affected by more working days last month, with the Lunar New Year holiday ending earlier than usual this year.

The Fed will release its latest policy statement on Wednesday, where the central bank is widely expected to keep interest rates unchanged, along with its updated summary of economic projections (SEP).

Bank of Japan (BOJ) and the Federal Reserve later in the day. Overnight, Israeli airstrikes pounded Gaza and killed more than 400 people, U.S. President Donald Trump and Russian President Vladimir Putin failed to reach an agreement on a Ukraine ceasefire and Germany's outgoing parliament approved plans for a massive spending surge.

Subscribe to enjoy similar stories. The "catfish effect", named after the practice of adding catfish to tanks of cod to keep them active during transportation, describes how a strong competitor can energize a stagnant market. Tesla’s entry into India could be just the jolt the country's electric vehicle (EV) industry needs.

Subscribe to enjoy similar stories. Mumbai: The market regulator may review its contentious proposal to introduce a gross limit for all clients trading in index options after receiving feedback against such a rule from several market participants, a person aware of the development said. The Securities and Exchange Board of India's planned review comes after brokers, proprietary desks and institutional traders flagged risks of reduced market liquidity and higher trading costs in India's derivatives market if the rule is implemented.

The NSE Nifty surged 325.55 points, or 1.45%, to close at 22,834.30. The BSE Sensex rose 1131.31 points, or 1.53%, to end at 75,301.26. Both indices have risen about 2% in the last two days.

Binance CEO Changpeng Zhao (CZ) delivered a sobering take on the crypto market this week, arguing that only a sliver of participants will thrive in the long run. Responding to a viral X post by crypto influencer EmperorBTC, who dissected investor psychology, CZ doubled down on his view that even knowledgeable traders struggle to outpace Bitcoin—let alone the majority who he claims lack strategy or discipline.

Joe Rogan has waded into the escalating diplomatic friction between the U.S. and Canada, calling for cooler heads to prevail amid heated rhetoric from politicians and sports fans alike. The controversy, fueled by former President Donald Trump’s threats of tariffs and jokes about annexing Canada as the “51st state,” reached a boiling point recently as viral videos showed American athletes being met with boos during the national anthem at NHL and NBA games in Canadian cities.

The survey revealed that the 32 respondents including economists, fund managers, and analysts have raised their chances of a recession to 36%, from 23% two months ago, reported CNBC. As per the survey data, the risk of recession has increased to the highest level in six months, according to the report.

Historically, trade wars have proven economically corrosive. The 1930 Smoot-Hawley tariffs worsened the Great Depression by slashing international trade by 65%. While Trump’s team insists today’s globalized economy is more resilient, experts caution that modern supply chains are deeply interdependent—a single tariff can disrupt industries worldwide. As the 2024 election looms, the stakes couldn’t be higher: voters grappling with inflation may sour on “America First” policies if pocketbook pressures mount.

Individual investors, whose assets are more tied to the stock market than ever, have abandoned their tried-and-true dip-buying mentality as the S&P 500 recently fell into a painful, 10% correction.

National Stock Exchange, India’s biggest bourse, plans to convert its iconic headquarters in Mumbai's business district Bandra-Kurla Complex (BKC) into a large captive data center, and move its home to a new site nearby, persons with direct knowledge of the development. The Mumbai Metropolitan Region Development Authority (MMRDA) has allotted a prime land parcel of more than an acre in G Block of the business district to NSE in a long-term lease of more than 80 years. NSE will build its new head office on this plot. The Maharashtra government's planning and development authority sent the allotment letter to the exchange last week.

Data released today (18 March), showed that expectations for higher global growth declined from -2% in February to -44% March, as BofA stated the respondents conviction on global growth is «historically correlated to S&P 500 price action». Over the past month, the S&P 500 has lost around 8.4% of its value, with the index now trading 1.1% lower than on Monday (17 March), data from MarketWatch showed. The Big Question: Can Donald Trump's stance on tariffs work alongside US stock market growth? The rise in pessimism over global economic growth has been the consequence of a worsening o...

US Treasury Secretary Scott Bessent on Tuesday said Washington could hold off reciprocal tariffs for countries that halt practices it deems unfair, adding that officials will produce a list of levies on April 2. This is the date on which President Donald Trump has promised reciprocal duties set to affect both US allies and competitors, with tariffs tailored to each trading partner. «What's going to happen on April 2 — each country will receive a number that we believe represents their tariffs,» Bessent told Fox Business in an interview, adding that the level could vary. «We are going to go to them and say, look, here's where we think the tariff levels are, non-tariff barriers, currency manipulation, unfair funding, labor suppression,» he added. If they stop these practices, Bessent said, «we will not put up the tariff wall.»

Federal Reserve said in a statement. This was significantly above market expectations for a 0.2 percent rise, according to Briefing.com. President Donald Trump has embarked on a trade war since taking office, hitting top US trading partners like Canada, Mexico, and China, in a move that has unsettled the financial markets. Trade uncertainty has lingered for months, but it seems that tariff-sensitive sectors like autos have looked to produce more goods while they still face lower trade barriers. There was a steep rise in manufacturing output, which was «boosted by a jump of 8.5 percent in the index for motor vehicles and parts,» the Fed said.

Texas is continuing to stake a claim as a rival to Wall Street as a key financial hub in the United States, with Gov. Greg Abbott on Tuesday saying his state has a «stronger brand than New York.»

capital on Tuesday driven by sustained buying by stockists and retailers amid a strong trend overseas, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity rallied by Rs 1,300 to hit a fresh peak of Rs 90,750 per 10 grams. The yellow metal of 99.5 per cent purity advanced by Rs 450 to hit a lifetime high of Rs 90,800 per 10 grams against the previous close of Rs 90,350 per 10 grams.

Subscribe to enjoy similar stories. The Bajaj Group and Allianz SE are finally parting ways after 24 years. Bajaj will buy Allianz's 26% stake in its insurance business: Bajaj Allianz General Insurance Co.