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Business

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Chime soars in debut, giving fintech sector a much-needed boost
Chime IPO pops 59%, valuing digital bank at $18.4 billion

SAN FRANCISCO, California: After months of muted IPO activity in the fintech world, digital bank Chime Financial reignited investor...

Switch 2 breaks Nintendo record with 3.5M units sold in 4 days
Nintendo Switch 2 becomes fastest-selling console ever

TOKYO, Japan: Nintendo's latest console is off to a roaring start. The company says it has sold over 3.5 million units of the newly...

U.S.-China trade progress lifts oil prices to multi-week peak
Oil hits 7-week high on U.S.-China deal and easing inflation

LONDON, UK: Crude prices surged this week as investors welcomed fresh signs of progress in U.S.-China relations, lifting hopes of reduced...

Debt fears drive fund outflows from US, inflows to Europe
Investors shift billions from US stocks to Europe, Asia

NEW YORK CITY, New York: Investor confidence in U.S. markets is showing signs of strain as global funds redirect billions toward Europe...

Japan celebrates new sumo grand champion
Onosato becomes first Japanese sumo yokozuna Since 2017

TOKYO, Japan: Japan has a new top sumo wrestler — and he's Japanese. Onosato, who weighs 191 kilograms (421 pounds), has become a yokozuna,...

TikTok star Khaby Lame detained in Las Vegas for overstaying visa
Italian TikTok star Khaby Lame leaves US after visa issue

LAS VEGAS, Nevada: Khaby Lame, the most followed person on TikTok with millions of fans, has left the United States after being held...

New York

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Schools may struggle as U.S. diet rules set for June release
New U.S. dietary guidelines expected as early as this month

NEW YORK CITY, New York: With the new school year around the corner, the Trump administration is preparing to release updated U.S....

Debt fears drive fund outflows from US, inflows to Europe
Investors shift billions from US stocks to Europe, Asia

NEW YORK CITY, New York: Investor confidence in U.S. markets is showing signs of strain as global funds redirect billions toward Europe...

Layoffs hit Paramount Global as viewers shift to streaming
Paramount Global cuts 3.5% of US staff amid cable TV decline

NEW YORK CITY, New York: Paramount Global is cutting 3.5 percent of its U.S. staff as part of another round of layoffs. The company...

Amazon plans $20 billion data center expansion in Pennsylvania
Amazon to invest $20 billion in PA cloud and AI infrastructure

HARRISBURG, Pennsylvania: Amazon is making a significant play in Pennsylvania, announcing plans to pour at least US$20 billion into...

Anupam Kher's 'Tanvi The Great' to screen at New York Indian Film Festival 2025
Anupam Kher's 'Tanvi The Great' to screen at New York Indian Film Festival 2025

Mumbai (Maharashtra) [India], June 16 (ANI): Anupam Kher's upcoming directorial 'Tanvi The Great' is set to achieve another milestone...

"I doubt Mr. Modi's advisors are even aware of it": Jairam Ramesh recalls India's historic role in Cyprus' independence
"I doubt Mr. Modi's advisors are even aware of it": Jairam Ramesh recalls India's historic role in Cyprus' independence

New Delhi [India], June 16 (ANI): Congress leader Jairam Ramesh on Monday highlighted India's pivotal role in supporting Cypriot independence...

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