ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailPuneet Chhatwal, Managing Director & CEO of Indian Hotels Company Limited (IHCL) discusses its plans to expand its flagship Taj Hotels in the UAE, Bahrain and Saudi Arabia as the hotel group taps into the growing GCC-India corridor. He talked about the upcoming opening of the first Taj in Europe in Frankfurt, with Switzerland also in the works. Source link
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The Tencent logo is displayed on the exterior of a building at the company’s headquarters, with a surveillance camera visible in the foreground, on November 30, 2024, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty ImagesTencent on Wednesday reported a 15% jump in second-quarter revenue as a strong performance in its gaming unit and AI investments boosted growth.Here’s how Tencent did in the first quarter of 2025:Revenue: 184.504 billion Chinese yuan ($25.7 billion), compared to 161.117 billion Chinese yuan in the same period last yearOperating profit: 63.052 billion yuan, versus 57.313 billion yuan last yearDomestic games revenue, which accounts…
Hello, I’m Anniek Bao, a China economy and business reporter, filling in for Evelyn this week. Welcome to another edition of The China Connection.This week, I look at how the World Robot Conference put China’s ambitions for humanoid robots on full display, even as engineers and investors acknowledge that integrating them into everyday life is still a distant prospect.BEIJING, CHINA – AUGUST 10: Unitree Robotics robots humanoid robots compete in a boxing match during the 2025 World Robot Conference (WRC) at Beiren Yichuang International Convention and Exhibition Center on August 10, 2025 in Beijing, China. Cui Jun | Visual China…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, Circle shares jump after the stablecoin issuer posted a 53% increase in revenue, driven by strong stablecoin growth in the quarter. Plus, eToro CEO Yoni Assia discusses the retail trading platform’s Q2 earnings results, the firm’s plans to offer staking and what else investors can expect as it relates to the firm’s crypto offerings.12:46Tue, Aug 12 20253:25 PM EDT Source link
The flag of Iran is seen in front of the building of the International Atomic Energy Agency (IAEA) Headquarters on May 24, 2021 in Vienna, Austria.Michael Gruber | Getty Images News | Getty ImagesFrance, the U.K. and Germany have told the United Nations they support reinstating snapback sanctions on Iran, if it doesn’t re-enter dialogue with the West over its nuclear program, according to reporting by the Financial Times.”We have made it clear that if Iran is not willing to reach a diplomatic solution before the end of August 2025, or does not seize the opportunity of an extension, E3…
A firefighter falls on the ground while working to extinguish a wildfire in San Cibrao das Viñas, outside Ourense, northwestern Spain, on August 12, 2025.Miguel Riopa | Afp | Getty ImagesRecord-breaking heat has swept across Europe in recent days, pushing temperatures well beyond 40 degrees Celsius (104 Fahrenheit) in some areas and fueling regional wildfires.In France, temperature records were obliterated in Angoulême, Bergerac, Bordeaux, Saint-Emilion and Saint-Girons on Monday afternoon, according to an update from weather forecaster Meteo France.”Often remarkable, even unprecedented maximum temperatures, often 12 degrees above normal levels, were reached this Monday,” Meteo France said Tuesday in a…
(COMBO) This combination of pictures created on February 21, 2020 shows US President Donald Trump delivers remarks at a Keep America Great rally in Phoenix, Arizona, on February 19, 2020. Russian President Vladimir Putin delivers a speech during a ceremony in Jerusalem on January 23, 2020 commemorating the people of Leningrad during the Second World War Nazi siege on the city.Jim Watson | Afp | Getty ImagesU.S. President Donald Trump will approach his encounter with Kremlin leader Vladimir Putin as a “listening exercise,” the White House said, taming expectations that this week’s Alaska summit could yield a deal to end…
Traders work at the New York Stock Exchange on August 12, 2025. NYSEFutures tied to the S&P 500 and Nasdaq 100 inched lower early Wednesday as investors come off a record-setting session that saw encouraging news on the inflation front.S&P futures slipped 0.39%, while Nasdaq 100 futures ticked down 0.12%. However, futures tied to the Dow Jones Industrial Average dropped 7 points, or less than 0.1%.In after-hours trading, Cava shares plunged more than 22% after the Mediterranean restaurant chain reported disappointing second-quarter revenue growth and lowered its same-store sales forecast for the full year. CoreWeave shares dropped about 9% as the…
A sale sign inside a clothing store in Artesia, California, U.S. on August 7, 2025.Patrick T. Fallon | Afp | Getty Images Waiting for tariff-induced price increases in the U.S. to show up can feel like watching an M. Night Shyamalan movie.July’s consumer price index came in mostly benign. The headline annual rate of 2.7% was lower than the Dow Jones estimate of 2.8%. That said, the core figure was 0.1 percentage points more than expected, and the highest since February, before U.S. President Donald Trump unleashed his tariffs in April.”The tariffs are in the numbers, but they’re certainly not…
Global rallyTraders work on the floor of the New York Stock Exchange on Aug. 12, 2025.Spencer Platt | Getty ImagesIt isn’t just stocks in Europe that are on the rise.Overnight in Asia, shares have been rallying, with Japan’s Nikkei 225 hitting an all-time high and Hong Kong’s Hang Seng Tech Index — home to some of China’s biggest tech firms — adding more than 2%.That followed a session on Wall Street that saw both the S&P 500 and the Nasdaq Composite hit record highs, as U.S. inflation data raised markets’ expectations of a rate cut from the Federal Reserve.— Chloe…
