Business – Page 468

Business, Energy, Stocks

Hormuz Blockade’s Economic Toll Mounts as IEA Slashes Demand Forecasts

The global economy is facing increasing pressure as the prolonged closure of the Strait of Hormuz continues to disrupt oil markets, according to a new report from the International Energy Agency (IEA). The agency has significantly revised its oil demand forecast downwards, now predicting a fall of 1.6 million barrels per day in 2026. This […]

Business, Stocks, Technology

Autonomous Delivery Shakeup: Uber Quietly Sells Off Entire Stake in Serve Robotics

Uber has officially divested its entire stake in Serve Robotics, the autonomous sidewalk delivery startup that originally spun out of the ride-hailing giant. The complete sell-off, disclosed in recent regulatory filings, marks the end of Uber’s direct financial ownership in the robotics firm. According to sources close to the matter, the final divestment caught Serve […]

Business, Finance, Technology

Accel Secures $550 Million India Fund to Fuel Next-Generation AI and Tech Startups

Venture capital giant Accel has successfully closed a new $550 million India-focused fund, wrapping up the oversubscribed capital raise in just a few weeks. This new vehicle is part of a broader, coordinated $3.5 billion global fundraising initiative by the firm, which also includes dedicated funds for the United States and Europe, alongside a $1.35 […]

Business, Retail & E-Commerce, Technology

Phia Founders Allegedly Knew of ‘Cookie Stuffing’ Scheme for Months

The shopping startup Phia, co-founded by Phoebe Gates and Sophia Kianni, is once again embroiled in controversy regarding its business practices. Recent investigations suggest that the company engaged in ‘cookie stuffing,’ a deceptive affiliate marketing tactic, and that its founders were aware of the practice far earlier than previously acknowledged. ‘Cookie stuffing’ involves an affiliate […]

Business, Finance, Technology

Electric Mobility Startup Yulu Raises $93M to Power India’s Rapidly Growing Delivery Sector

Bengaluru-based electric mobility startup Yulu has successfully raised $93 million in a fresh funding round, capitalizing on the massive surge in India’s quick-commerce and delivery sectors. The Series C round consists of $63 million in equity, led by GEF Capital Partners, alongside $30 million in debt financing. This capital injection, which reportedly values the company […]

Business, Policies, World News

France Enacts Sweeping Ban on Unsolicited Sales Calls, Sparking Industry Uproar

France has implemented a significant new regulation prohibiting unsolicited telemarketing calls across all business sectors, a move consumer advocates are celebrating as a major victory for personal privacy. Effective immediately, companies are barred from contacting individuals with marketing pitches unless the call pertains to an existing contract or explicit prior consent has been obtained from […]

Business, War, World News

US Military Disables Cargo Ship Attempting to Breach Iranian Blockade

A United States military helicopter successfully disabled a Panama-flagged cargo ship, the M/V Vela Nova, after the vessel attempted to bypass a long-standing blockade of Iranian ports. According to U.S. Central Command, an MH-60 aircraft deployed two Hellfire missiles into the ship’s engine room while it was transiting the Gulf of Oman on Tuesday. The […]

Business, Crime, World News

Ghost City’s Shadow: Scammers Infiltrate Malaysia’s Forest City Mega-Project

Malaysia’s ambitious Forest City, a sprawling $100 billion mega-project envisioned as a futuristic paradise, has taken a dark turn. Once touted to house 700,000 residents, the development now stands largely vacant, a collection of identical white towers on the coast. This ‘ghost city’ status, however, has inadvertently created a haven for sophisticated scam operations, as […]

Business, Policies, World News

Trump’s Secret Plane Swap: A High-Stakes Game of Deception Amidst Iran Tensions

President Donald Trump’s recent clandestine maneuver to switch aircraft on his return from a NATO summit in Turkey has brought renewed attention to the deeply personal nature of the ongoing conflict with Iran. The elaborate ruse, which saw the President depart on a decoy Air Force One while the media and most staff used the […]

Business, People, Sports, World News

Cristiano Ronaldo and Georgina Rodríguez Tie the Knot in Portugal

Football icon Cristiano Ronaldo has reportedly married his long-time partner, model and influencer Georgina Rodríguez, in a civil ceremony held in Portugal. The couple, who have been together for a decade, are said to have exchanged vows on August 11th in the picturesque coastal town of Cascais, near Lisbon. Speculation about the union intensified after […]