Modi unveils 2047 tax holiday to grow India data centres
MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services...
Tag : Amazon
S&P 500 jumps as investors eye trade policy signals
Tech stocks surged, pushing the S&P 500 and Nasdaq higher, even as US-China trade negotiations remained stalled....
Amazon-backed Anthropic sees $61.5B valuation surge
Amazon-backed Anthropic’s valuation soars to $61.5B after a $3.5B funding round, reinforcing its AI dominance....
Meta lays off 3,600 employees as tech sector job cuts continue
Meta is laying off 3,600 employees, or 5% of its workforce, as it continues restructuring in 2025. The...
Brazil reports 22 million hectares of forest lost to fires in 2024
Fires in Brazil have destroyed 22.38 million hectares of forests between January and September, with the Amazon rainforest...
About 2 million air fryers were recalled because of fire hazards
As a result of a wire connection overheating in the air fryers, the U.S. Consumer Product Safety Commission...
Warehouse and transportation workers at Amazon receive higher hourly wages
Amazon Inc has announced that its warehouse and transportation workers will receive an average starting wage of more...
Musk loses $12 billion in a day after slamming S&P ESG rankings
Tesla’s share price collapsed erasing a large chunk of the wealth of the world’s richest man Elon Musk....
Wall Street records sharpest plunge since 2020, Dow drops 1100 points
On Wednesday, the Dow Jones Industrial Average recorded its biggest plunge since 2020 after another prominent retail company...