Blackstone has pulled out of a consortium aiming to invest in TikTok’s US operations, adding to growing uncertainty around the deal, sources told Reuters on Friday.The investment group, led by Susquehanna International Group and General Atlantic, both existing investors in TikTok’s parent company ByteDance, had been seen as the front-runner to acquire majority control of…
US Secretary of State Marco Rubio on Friday said there is a “high probability” of a meeting between President Donald Trump and Chinese President Xi Jinping, though no date has been set yet. Rubio made the remarks while speaking to reporters on the sidelines of the East Asia Summit and ASEAN Regional Forum in Malaysia….
Gold prices fell sharply by Rs 1,000 to Rs 98,400 per 10 grams in National capital (AI image) Gold rate today: Gold prices fell sharply by Rs 1,000 to Rs 98,400 per 10 grams in the national capital on Monday, weighed by weak global trends, according to the All India Sarafa Association. The 99.9 per…
US markets opened on a mixed note Thursday morning as investors closely monitored ongoing signals about global trade negotiations, particularly between the United States and China.Lingering uncertainty around tariff talks, paired with cautious sentiment from key officials, continued to shape investor behaviour across asset classes.As of 9:42 AM GMT-4, US stock markets showed a mixed…
AI-generated representative image Asian markets rose on Wednesday, encouraged by US President Donald Trump’s reassurance that Federal Reserve Chair Jerome Powell will remain in his position.The Indian equity benchmarks opened on a positive note on Wednesday, with the BSE Sensexcrossing 80,200 and trading at 80,140.02, up 544 points or 0.68 percent, as of 9.21 AM….
Chinese app TikTok mock US customers amid tariff war US TikTok users are increasingly encountering a surge of videos from Chinese content creators encouraging Americans to purchase goods directly from Chinese factories—an apparent strategy to sidestep the Trump administration’s tariffs. These viral clips, often filmed at manufacturing facilities purportedly producing for major US brands like…
Indian investors suffered a massive bloodbath at Dalal street, with the market capitalisation of BSE-listed companies falling by a staggering Rs 11.30 lakh crore since the beginning of April. The downfall was triggered by ongoing tariff concerns fueled by a series of aggressive tariff announcements between the United States and China.Since April 2, the BSE…
HYDERABAD: The rapidly escalating trade tensions between the US and China propelled gold past the $3,200/ounce mark for the first time on Friday. This in turn also pushed the price of the yellow metal in the domestic market a step closer to the psychologically important Rs 1 lakh/10-gram mark, to Rs 96,000 by Friday evening,…