UPS Financial News

collaborate rather than put up a fight with the best-known artificial intelligence company, News Corp has struck a multi-year deal to share news content with OpenAI for both training purposes and to answer questions from users. As part of the deal, OpenAI will have access to both fresh and archived material from News Corp's major news publications, including The Wall Street Journal, Barron's and New York Post, Australian publications such as The Daily Telegraph, and others. The companies would not talk about the length or value of the deal, although News Corp's Wall Street Journal said it could be worth more than $250 million over five years.

ConocoPhillips agreed to acquire Marathon Oil Corp in an all-stock deal valuing the company at about $17 billion, extending a major buying spree among the largest players in the oil and gas industry in the United States. The move expands ConocoPhillips' footprint in domestic shale fields from Texas to North Dakota and hands the company reserves as far afield as Equatorial Guinea. It adds to a wave of recent megadeals as producers seek new drilling sites on a bet that oil and gas demand will remain robust for years to come.

meeting with PM Narendra Modi in September 2018 proved a turning point for Sunil Bharti Mittal-led Bharti Airtel, which was facing an existential crisis at the time, the Bharti Group founder told ET. Airtel was then reeling under the onslaught of free voice and data services offered by the then new entrant Reliance Jio and a series of decisions by the telecom regulator that adversely impacted the incumbent market leader, Mittal said. "...in (September) 2018, I sought a meeting with the PM. I was still the chairman of GSMA...just coming out from the chairmanship of the International Chambers of Commerce, when I used to brief him (PM) occasionally on WTO, G20 and other issues. So, I took the liberty and took his permission to talk about the Indian telecom industry. I told him that things were going very badly and the situation was getting very alarming," Mittal told ET. He was referring to the free voice and data services being offered by Jio, which entered the telecom market in 2016, and a slew of regulations that, Mittal felt, favoured one side.

2025 BMW 3 Series remains largely unchanged from the current model, but introduces two new color options: Arctic Race Blue metallic and Fire Red metallic, exclusive to the M Sport package. The lineup also includes new 19-inch alloy wheels, with the M Sport package offering distinctive 19-inch M alloy wheels.Inside, the 2025 BMW 3 Series receives significant updates. The 330i variant features a redesigned two-spoke steering wheel, while the M340i and 330i M Sport models come with a flat-bottom three-spoke steering wheel.

Goldman Sachs Group Inc. has put together $21 billion for private credit wagers, its biggest war chest yet for Wall Street’s buzziest asset class.

The federal government is aiming to make housing affordable for younger Canadians while retaining property value for existing homeowners, Prime Minister Justin Trudeau said in an interview with the Globe and Mail. 

billionaire Larry Connor is embarking on a bold venture, planning a return expedition to the Titanic wreck despite the tragic implosion of the Titan submersible last year. Connor, a real estate investor worth an estimated $2 billion, is teaming up with Patrick Lahey, co-founder and CEO of Triton Submarines, to develop a new, state-of-the-art submersible for this ambitious mission. At 74 years old, the Dayton, Ohio native recently announced his intention to take a submersible to the Atlantic seabed, aiming to go beyond the previous OceanGate expedition and prove that safe trips to the Titanic wreckage are feasible.

MQ-9 Reaper drone went down in Yemen, images online purported to show Wednesday, as Yemen's Houthi rebels continued attacks on shipping around the Red Sea over the Israel-Hamas war. It wasn't immediately clear what brought down the drone, but the U.S. military's Central Command acknowledged seeing «reports» of the aircraft being downed in a desert region of Yemen's central Marib province. It marked potentially the third such downing this month alone. Images published online and analyzed by The Associated Press showed the MQ-9 on its belly in the barren desert, its tail assembly disconnected from their rest of its body. At least one hatch on the drone appeared to have been opened after it landed there, though the drone remained broadly intact without any clear blast damage. One image included Wednesday's date. Noticeably, the drone did not appear to carry any markings on it.

Poco M6 Plus 5G, spotted in HyperOS Code with the model number "N19" and codename "breeze," is anticipated to be a rebranded version of the recently launched Redmi Note 13R in China.The BIS listing reveals the Poco M6 Plus 5G under the model number 24065PC95I, suggesting its release in India could be imminent, possibly as soon as next month. However, the certification details remain sparse.Moreover, the Poco M6 Plus 5G will be the first "Plus" variant in the M-series, aimed at budget-friendly consumers. Previously, the Poco M5 debuted in India in 2022 at a starting price of Rs.

On a quarterly basis, the chain posted a profit of Rs 247.6 crore for the fourth quarter of fiscal year 2024, up 168.7% year on year. EIH Limited posted revenues of Rs 781 crore for the fourth quarter of fiscal year 2024, up 17.6% year on year.

2024 MG Gloster facelift promises substantial design upgrades and refined interior features. According to fresh leaks (via HT Auto), a striking new front fascia, dominated by a bold three-slat grille with the MG logo, sets the tone for the SUV’s updated look.

income tax return (ITR) approaching fast, taxpayers are expected to be scurrying around to arrange the information required to for the return. Although it is advisable to file your tax return as soon as possible, it is not recommended to do it sans proper home work. For instance, one should know the correct income tax form to fill, the right tax regime to opt for, and link your aadhaar to PAN if you have yet not done it.

₹3.60 per share of face value ₹1 each along with fourth quarter financial results.“Recommended a dividend of ₹3.60 per Ordinary (Equity) Share of face value ₹1/- each (360%) to the shareholders of the Company for FY2023-24," the company said in an exchange filing.Also read: Tata Steel Q4 Results: Net profit drops 64.5% to ₹554 crore, dividend declaredThe dividend announced is subject to shareholders approval. “The dividend recommended by the Board of Directors of the Company is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company scheduled to be held on Monday, July 15, 2024," it added.If approved by the shareholders at the AGM, the dividend will be paid subject to deduction of applicable tax at source, on and from Friday, July 19, 2024.The company has set July 21, 2024 as the record date of the final dividend.

ALSO READ: Indian students facing 'deportation' up in arms in CanadaThe protesting Indian students have been on a hunger strike for the past four days. Their stir began on May 9.During the agitation, 60 protestors carrying posters and banners demonstrated in front of the Colest Building at the PEI legislature.Jaspreet Singh Sivia, one of the protesters, has blamed the government for disrupting the lives of people who were already in the process of getting permanent residency (PR) in Canada, reported CBC. “There have been no actions taken.

NEW DELHI:Tata Steel Ltd will invest ₹17,408 crore ($2.11 billion) in its Singapore unit, T Steel Holdings Pte Ltd, to fund the restructuring of its struggling UK business as well as repay the debt of its offshore entities.Tata Steel will also be writing off $565 million of existing debt to T Steel, converting it into equity shares, Asia’s oldest steelmaker said in regulatory disclosures on Wednesday. The investment in T Steel, a holding company for the shares of Tata Steel’s overseas subsidiaries, will be done over the course of 2024-25.Tata Steel reported a 65% year-on-year decline in its consolidated profit, to ₹554 crore, for the quarter ended 31 March, missing Street estimates.

₹1,200 crore to supply coaches and locos to Bangladesh and Mozambique, RITES is now bidding for tenders for rolling stock supplies, consultancy operations and quality assurance businesses across regions, Mithal said.A few large projects are expected to land in FY25 helping it scale export operations.“We started FY24 with an export order book of less than ₹100 crore as no fresh orders were received for past four years. The Bangladesh and Mozambique order has come at the right time and given us confidence to win more orders even in competitively bid global tenders.

T20 World Cup winners India held the top spot in the men's T20I team rankings ahead of the upcoming edition of the tournament, which the West Indies and USA are co-hosting from June 1-29. India have 264 rating points. Two-time champions West Indies have moved up to fourth position, their players showing some great form ahead of the T20 showpiece. The winners of the 2012 and 2016 editions of the tournament are ahead of New Zealand and South Africa after their 3-0 win over South Africa, who were pushed down to seventh position in the list led by India.

private equity firm General Atlantic Singapore is likely to sell up to 6.8% equity in KFin Technologies at an estimated floor price of Rs 712.5 per share, which is a 4% discount. The total deal size, including the green shoe option, is 1.17 crore, moneycontrol.com reported, citing CNBC TV18. The base issue size is set at Rs 500 crore and can be upsized to Rs 833.3 crore, the report said citing sources.

coverage during the grace period if the premium of the health insurance is paid in instalments — monthly, quarterly, half-yearly, or annually. Policyholders of the insurance companies usually get a grace period to pay their health insurance premiums. The grace period for a health insurance plan is the extra time that you get to pay the premium if you have missed the policy renewal due date. Typically, most health insurance plans offer a grace period. What was the rule earlier? What is the new rule and how is it going to impact health insurance policyholders? Read here to find out Earlier, the insurance companies used to offer grace periods based on the type of policy you bought, says Parthanil Ghosh, Director & Chief Business Officer, HDFC ERGO General Insurance. Some insurers offer a grace period of 15 days while others offer 30 days for health insurance policies. So, the grace period in a health insurance plan used to vary from one insurer to another. The insurance companies typically do not offer any policy coverage during the grace period in health insurance policies.

DFW housing and macro economic analyst Amy Nixon says the longer rate cuts hold off, the higher rates have to stay on 'Making Money.'

summer heat, rising absenteeism and loss of productivity has led to an all-time high demand for last-mile delivery and warehouse personnel to fill in for the daily attrition, said officials from staffing firms and logistics companies. About 2,000 delivery personnel are dropping off every day in quick commerce and 5,000 in food delivery, according to estimates by Teamlease Services. “A total of about 7,000 people – for quick commerce and food delivery — are needed for replacement hiring daily,” said Balasubramanian A, vice president and head of consumer and ecommerce at TeamLease. This is much higher than the daily exit of about 5,000 seen last year this time to cater to the typical summer season shortfall when many migrant labourers leave for their hometowns.