Business & Economy
Samsung commits $1 billion to US AI firm Helix
Samsung group will invest $1 billion in Helix Digital Infrastructure, the KKR-backed US AI infrastructure company, from 29 September.
Business & Economy News
Business & Economy
Megaport wins $687 million in AI contracts
Australia's Megaport signed three AI infrastructure contracts worth A$978.6 million and raised its FY27 guidance.
Business & Economy
US, China release $30 billion tariff rollback lists
The US and China released reciprocal product lists for tariff cuts covering about $30 billion of trade each way.
Business & Economy
Gold plunges to $4,146 as bond yields climb
Gold prices plunged on Monday, falling to $4,146 an ounce as rising bond yields dulled the appeal of the precious metal on…
Business & Economy
UK inflation expectations rise, adding pressure on rates
British households' expectations for inflation over the coming year rose in September, a survey showed, in a worrying sign for the Bank…
Business & Economy
Supreme Court questions legal basis of UPI charges
The Supreme Court on Monday questioned the legal basis for levying merchant discount rate charges on UPI transactions, asking under what authority…
Business & Economy
T-Mobile raises monthly fees on phone and home internet
T-Mobile is raising several monthly fees from September 28, pushing up bills for millions of mobile and home internet customers in the…
Business & Economy
Natural diamond prices fall to lowest level since 2008
Natural-diamond prices have fallen to their lowest level since 2008 as demand continues to slide from the pandemic-era peak, trade figures show.
Business & Economy
Costco to cut grocery prices after $184m tariff refunds
Costco has received about $184 million in tariff refunds and plans to use the money to cut prices on everyday groceries including…
Business & Economy
Walmart rules out surge pricing as AI shopping expands
Walmart CEO John Furner pledged the retailer will never use personalised or surge pricing, even as AI assistant Sparky and digital shelf…