A screen displays the Dow Jones Industrial Average and other trading numbers following the closing bell at the New York Stock Exchange (NYSE) in New York City, U.S., February 5, 2026. | Photo Credit: REUTERS/Brendan McDermid Wall Street ended sharply lower on Thursday, with the Nasdaq dragged to its lowest since November by losses in […]
Investment in UK film production hit a record £2.8bn last year, driven overwhelmingly by Hollywood studios and global streaming platforms, according to new figures from the British Film Institute (BFI). However, industry leaders are warning that growth is likely to slow in 2026 as Netflix shifts production back to the United States amid political pressure […]
Alphabet said rising demand for AI-powered services is driving growth across its businesses, even as investors question when massive industry-wide AI spending will translate into sustained returns. | Photo Credit: Dado Ruvic Alphabet said on Wednesday that capital expenditure could as much as double this year, in yet another aggressive spending ramp-up by the Google […]
HM Revenue & Customs is preparing to embark on a technology spending programme worth more than £2 billion over the next two years, as long-running efforts to modernise its ageing IT estate continue to run into delays and rising costs. According to HMRC’s latest procurement pipeline, the tax authority will begin with a large-scale data […]
The Narendra Modi government is likely to announce measures to improve the ease of doing business and boost infrastructure spending, while sticking to fiscal consolidation in Union Budget 2026, even as punitive US tariffs cloud outlook for the Indian economy. Nirmala Sitharaman with her finance ministry colleagues ahead of Union Budget 2025 on 1 February […]
Capital One Financial Corp. (NYSE:COF) CEO Richard Fairbank issued a stark warning about the potential consequences of President Donald Trump’s proposed 10% cap on credit card interest rates, saying the move could severely restrict consumer access to credit and destabilize the broader economy. During the company’s fourth-quarter earnings call on Thursday, Fairbank argued that “putting […]
While there are some homeowners who spare no expense and spend as much as ₹2.5 crore on interiors for a ₹2 crore house, others prefer a more modest approach, barely ₹4 lakh, saying, ‘Ghar ko ghar hi rakho, hotel mat banao.’ Experts say this trend, fuelled by post-pandemic lifestyle upgrades and a surge in luxury […]