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Snap Shares Surge 18% Following $400 Million Perplexity AI Partnership
SAN FRANCISCO / BENGALURU – Snap Inc. (SNAP.N) saw its shares jump 18% in premarket trading on Thursday after announcing a $400 million partnership with AI startup Perplexity, signaling renewed investor confidence in the social media company’s ability to compete in the artificial intelligence (AI) space. Following the news, Snap’s stock had already surged 16%…
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Will the SIR Revision Make a Difference in Bihar’s 2025 Elections? Inside the Numbers, the Stakes, and the Battle Over Voter Deletions
As Bihar heads into a crucial two-phase assembly election on November 6 and 11, an unprecedented electoral exercise looms large over the political battlefield. The Special Intensive Revision (SIR) of electoral rolls—initiated nationwide by the Election Commission (EC) on November 4—has already become a central issue in Bihar, the first major state where its impact could alter…
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Tesla Shareholders Set to Vote on Record $878 Billion Musk Pay Package and Other Key Proposals
SAN FRANCISCO / AUSTIN, TEXAS – Tesla (TSLA.O) shareholders are set to vote Thursday on a proposed pay package that could make CEO Elon Musk the highest-paid executive in history, potentially earning up to $878 billion if ambitious company milestones are met. The vote takes place at Tesla’s Austin factory during the annual general meeting,…
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Maharashtra Police Sub-Inspector Dismissed After Being Named in Suicide Note of Young Doctor
In a case that has shaken Maharashtra’s medical and law-enforcement circles, a police sub-inspector from Phaltan City has been dismissed from service after being named in the suicide note of a 29-year-old woman doctor. The action against the officer, Gopal Badane, was announced by Sunil Phulari, Special Inspector General of the Kolhapur Range, on Tuesday. The dismissal…
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Diageo Lowers 2026 Forecast Amid Weak US and China Demand, CEO Vacancy Persists
LONDON / BENGALURU – Global spirits giant Diageo (DGE.L) has trimmed its 2026 sales and profit forecast due to slowing demand in the United States and China, while leaving the company without a permanent CEO following the departure of Debra Crew in July. The announcement triggered a 3.5% drop in Diageo shares, erasing gains and…
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Germany’s BaFin Imposes Record $52 Million Fine on JPMorgan Over Money-Laundering Lapses
FRANKFURT – Germany’s financial regulator, BaFin, has handed JPMorgan SE its largest-ever penalty, fining the Frankfurt-based bank €45 million ($52.5 million) for deficiencies in money-laundering prevention. The fine relates to historical shortcomings in the bank’s filing of suspicious activity reports (SARs) between October 2021 and September 2022. Details of the Fine BaFin stated that JPMorgan…
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As Delhi Breathes ‘Poor’ Air, China Offers Help to Tackle Pollution Crisis
As Delhi continues to choke under layers of toxic smog, China on Wednesday extended an open offer to assist India in combating its worsening air pollution crisis. With the capital’s Air Quality Index (AQI) oscillating within the “poor” category, China’s outreach comes at a time when Delhi and its surrounding regions are witnessing yet another…
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DuPont Raises 2025 Profit Forecast Amid Strong Electronics, Healthcare, and Water Demand
GENEVA / BENGALURU – Industrial materials giant DuPont (DD.N) has raised its full-year core earnings forecast and announced a $2 billion share repurchase plan following a strong third-quarter performance that exceeded Wall Street expectations. The results were driven by robust demand in electronics, healthcare, and water markets, highlighting the company’s strategic shift toward high-growth sectors.…
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Rajnath Singh Warns Rahul Gandhi: “Do Not Drag the Army Into Politics”
Defence minister Rajnath Singh issued a sharp rebuke to Congress leader Rahul Gandhi on Wednesday, urging him not to involve the Indian Army in electoral politics. Addressing election rallies in the poll-bound state of Bihar, the senior BJP leader warned that the armed forces must remain above political and caste-based debates, asserting that soldiers follow only one religion: “Sainya Dharma.”…
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Bombardier Reports 11% Revenue Growth Driven by Higher Deliveries and Service Demand
MONTREAL – Canadian business jet manufacturer Bombardier (BBDb.TO) reported an 11% increase in third-quarter revenue, fueled by stronger demand for aftermarket services and the delivery of more aircraft than the same period last year. The results underscore the growing appetite for private aviation as both individuals and corporations seek premium air travel options. Revenue Growth…
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