Saturday, December 27, 2025

India’s IndiGo ordered to cut 10% of flights after mass cancellations

Order follows cancellations due to poor pilot roster planning; Minister says cut needed to stabilise operations

Amazon announces $35 billion investment in India

Major US tech firms have poured billions of dollars into India this year, underscoring the country's emergence as a strategic hub for cloud, AI and deep‑tech growth

Gold inches up ahead of Fed verdict, silver powers to fresh records above $60

Spot gold up 0.2% at $4,215.61/oz and silver reaches $61.06/oz, fueled by strong industrial demand and depleted inventories

Oil steady as market watches Ukraine peace talks, Fed rate decision

Market seeking cues from peace talks, Fed rate cut, says analyst; Russian oil supply remains a risk despite oversupply concerns

Microsoft unveils $23 billion AI investment, including $17.5 billion in India

Microsoft also plans to spend more than $5.42 billion in Canada over the next two years; India attracts strong interest from US tech giants

Asian investors turn to Gulf debt for yield and growth amid uncertainty

As Gulf bonds offer higher yields, Asian investors increase exposure to the region, diversifying from US assets

After record highs and steep crashes, bitcoin heads toward first yearly drop since 2022

Bitcoin's correlation with equities strengthening, driven by retail and institutional adoption

US to allow Nvidia H200 chip shipments to China, Trump says

Nvidia shares rise 2% in after-hours trading after Trump's announcement; US has concerns over AI chips aiding China's military

Iran’s rial sinks to record low near 1,250,000 per dollar on open market

Rial’s slide marks a steep fall from 55,000 per dollar in 2018, when renewed U.S. sanctions began straining Iran’s access to oil revenue and foreign currency

Asian stocks slip, dollar steady as investors await U.S. rate cut

Investors cautious ahead of central bank meetings; Fed rate cut all but certain, focus moves to rates outlook

Global oil edges down with Ukraine peace talks, US rate decision in spotlight

Prices likely to hover in tight range near-term, analysts say

Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk

84% chance of a quarter-point Fed cut, LSEG data shows; G7, EU mull Russian oil maritime services ban, sources say; US, Russian views on Ukraine peace deal differ

Cloudflare restores services after minor outage disrupts Coinbase and Claude AI

Company blames firewall change for disruption, shares drop 4.5% amid growing concerns over tech outages

Microsoft to lift productivity suite prices for businesses, governments

Move comes as Microsoft’s suite, including Word, Excel, and PowerPoint, faces growing competition from Google’s products; price hike will affect businesses and public sector agencies, with small business and frontline worker plans seeing sharpest increases

Oil prices head for 2% weekly gain as Fed hopes boost market, Venezuela tensions loom

Brent crude up 6 cents, U.S. WTI up 4 cents as prices remain steady at market open