MARKET TRENDING NEWS

Bayer newly appointed CEO, Bill Anderson, has reportedly unveiled plans to streamline the companys management structure in a bid to expedite decision-making processes. This marks the first step in a broader effort to transform the embattled German company, which has been under pressure from inv... Read More

Smurfit Kappa, a prominent player in the packaging industry, is reportedly engaged in merger discussions with its US counterpart, WestRock. This prospective merger has the potential to create a cardboard box-making powerhouse boasting a market value approaching $19 billion (€17.8 billion). Furt... Read More

The Royal Bank of Canada is reportedly planning to reduce its workforce by approximately 1,800 jobs as part of cost-cutting measures, on account of the anticipated upcoming economic landscape. This decision comes after the country's largest bank surpassed analysts' predictions for the third ... Read More

Vietnamese electric automaker VinFast has reportedly announced its anticipation of commencing trading on the Nasdaq stock exchange in the upcoming week. This revelation has triggered a notable increase in the share prices of both its parent company and its partner in a blank-check merger. On Frid... Read More

As per reliable sources, Hugging Face and IBM jointly announced that the geospatial foundation model, watsonx.ai, created by IBM using NASA's satellite data, will now be accessible on the Hugging Face open-source AI platform. This marks a significant milestone as it becomes the largest geospatia... Read More

As per sources, TraceGains, an exclusive networked marketplace for the food & beverage industry, has recently unveiled Supplier Management Pro, the latest addition to its innovative TraceGains Gather™ platform. The new offering is specifically designed to cater to emerging brands, ambit... Read More

OpenAI and The Associated Press (AP) have reportedly announced a collaboration, where OpenAI will acquire a license to access APs vast news archive. The financial details of the agreement have not been disclosed yet. According to a joint statement, OpenAI will license a portion of AP's text a... Read More

Flipkart, the leading e-commerce marketplace in India, has formed a strategic alliance with Axis Bank, a prominent private sector bank. This collaboration aims to offer personal loans to Flipkart's valued customers, providing added convenience and benefits to its vast user base of 450 million in... Read More

In a historic merger for Indian financial sector, HDFC Bank Ltd. and Housing Development Finance Corp., are reportedly set to propel the homegrown company into the ranks of the worlds most valuable banks. The new entity, valued at around $172 billion, will claim the fourth spot in equity market c... Read More

The Indian Ministry of Corporate Affairs has reportedly ordered a probe into Hero MotoCorp to examine its association with an external vendor regarding alleged fund diversion. The objective of the investigation, conducted in the "public interest," is to evaluate the Hero MotoCorp owners... Read More