BENGALURU — Nvidia (NVDA.O) on Wednesday became the latest member of the India Deep Tech Alliance, a coalition of investors from India and the United States focused on funding and accelerating high-tech startups. The group also announced over $850 million in new capital commitments, further bolstering efforts to close India’s deep-tech funding gap. New members

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BRUSSELS — European Union member states agreed on Wednesday to adopt a 2040 climate target that aims to reduce greenhouse gas emissions by 90%, though the deal includes provisions allowing some flexibility that could effectively weaken the overall ambition. During a public vote, EU climate ministers endorsed the 90% reduction goal but also agreed that

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COPENHAGEN — Orsted (ORSTED.CO), the world’s largest offshore wind developer, reported a third-quarter net loss of 1.70 billion Danish crowns ($265.5 million) on Wednesday, citing the negative impact of U.S. trade policies and regulatory pushback under President Donald Trump. The loss compares with a 5.17 billion crown profit during the same period last year and

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BEIJING — Oil prices edged lower on Wednesday as a broad decline across global markets and a firm U.S. dollar dampened investor appetite for risk assets, while traders evaluated the latest signals on supply and demand. Brent crude futures fell 6 cents, or 0.09%, to $64.38 a barrel by 07:06 GMT, after hitting a near

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LONDON — European shares slipped to a two-week low on Wednesday, weighed down by technology stocks and renewed investor caution over high market valuations worldwide. Meanwhile, a weaker outlook from Novo Nordisk added to the downbeat tone. The pan-European STOXX 600 index (.STOXX) fell 0.4% to 568.10 as of 08:11 GMT, marking its second consecutive

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LONDON — Fears of a disappointing earnings season among European corporations have eased, with new forecasts showing stronger-than-expected results and a more optimistic outlook for the region’s corporate health. According to the latest LSEG I/B/E/S data, European firms are now projected to post an average 4.3% increase in third-quarter earnings, significantly higher than the 0.4%

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WASHINGTON — Global automaker Stellantis (STLAM.MI) announced on Tuesday a recall of approximately 375,000 plug-in hybrid Jeep Wrangler and Grand Cherokee SUVs worldwide after receiving reports of battery-related fires. The company is urging owners to park their vehicles outdoors and avoid charging them until repairs are completed. The recall affects 2020–2025 Jeep Wrangler 4xe and

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BEIJING — Chinese electric vehicle manufacturer Xpeng (9868.HK) announced on Wednesday that it will collaborate with Alibaba’s (9988.HK) digital mapping platform Amap to roll out a new robotaxi service. Earlier in the day, Xpeng revealed plans to introduce three self-developed autonomous vehicle models, with trial operations set to begin in 2026. The partnership aims to

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The surge in artificial intelligence (AI) has pushed global stock markets to new heights. Yet, behind the excitement, the race to build massive data centres—critical to powering this AI revolution—is increasingly being funded through intricate layers of debt. Investors and regulators alike are beginning to question whether a new financial bubble may be forming. While

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Dutch telecom giant KPN announced plans on Wednesday to invest more than €5 billion ($5.83 billion) in the Netherlands by 2030 as it ramps up spending on next-generation infrastructure including fibre-optic networks, 5G, artificial intelligence, and cybersecurity. The company also said it would increase dividend payouts starting in 2026, promising to distribute 80% of its

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