menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

Business News

source image

Guardian

1d

read

155

img
dot

Image Credit: Guardian

Thousands of vehicles sit idle at EU port as Trump’s tariffs leave their mark

  • The Port of Antwerp-Bruges is overwhelmed with thousands of vehicles, including cars, vans, trucks, and tractors, destined for the US, stuck due to Trump's tariffs.
  • Transport of new cars and vans to the US dropped by 15.9% in the first half of 2025 compared to last year, with a significant decline seen in May after Trump announced tariffs.
  • Exports of trucks and heavy equipment are down by almost a third, impacting transatlantic movements which may face a 25% tariff.
  • Uncertainty looms for the rest of the year at the port as the possibility of a trade agreement between the EU and the US by 1 August remains crucial.

Read Full Article

like

9 Likes

source image

Moneyweb

1d

read

355

img
dot

EU targets Boeing, US cars and bourbon with €72bn list

  • EU finalizes a list of countermeasures worth €72 billion to target US goods, including Boeing aircraft, automobiles, and bourbon.
  • The list also includes additional duties on machinery products, chemicals, plastics, medical devices, electrical equipment, wines, and agricultural goods.
  • The EU's response to US tariffs includes measures against Trump's reciprocal tariff and additional levies on cars and car parts.
  • EU trade ministers are discussing next steps following Trump's announcement to raise EU tariffs to 30% on August 1.

Read Full Article

like

21 Likes

source image

Bloomberg Quint

1d

read

71

img
dot

Image Credit: Bloomberg Quint

Apeejay Surrendra Park Hotels Gets Yes Securities 'Buy' Initiation, Sees 42% Upside

  • Yes Securities has initiated a 'Buy' rating on Apeejay Surrendra Park Hotels, projecting a 42% upside.
  • Park Hotels is viewed as well-positioned to benefit from the long-term industry growth with its current and upcoming assets.
  • The company has a diversified portfolio across various brands catering to different target guest segments and is geographically spread across key Tier-1/metro markets and leisure destinations.

Read Full Article

like

4 Likes

source image

HinduBusinessLine

1d

read

285

img
dot

Image Credit: HinduBusinessLine

India to become a global employment epicenter amid shift in global labour market: Crisil

  • The global labour market is experiencing a shift with a high demand for skilled workers in advanced and emerging economies due to factors like aging populations and digitalization.
  • India is poised to become a crucial employment hub globally as it can address the skill shortages worldwide, given its young workforce demographics.
  • However, India's labour market faces challenges such as underqualification and skill gaps, with less than half of graduates considered fully employable and a low percentage of the workforce receiving formal vocational training.
  • It is imperative for India to address these structural gaps in its skilling ecosystem to enhance domestic employment, productivity, and help alleviate the global skills shortage.

Read Full Article

like

16 Likes

source image

Bloomberg Quint

1d

read

11

img
dot

Image Credit: Bloomberg Quint

India's First Tesla Experience Centre At BKC: Chief Architect Reveals What Went Into Building The Showroom

  • Tesla opened its first Experience Centre in Mumbai's Bandra Kurla Complex, designed by architect Nita Sarda for a minimalistic and elegant look that highlights the vehicles.
  • The showroom features a pristine white interior chosen for purity, with a focus on creating a space that prioritizes the product, including the possibility of an Indian version coming soon.
  • The layout is meticulously planned to enhance customer experience, offering exclusive spaces for discussions and decision-making, with lighting aimed at calming buyers and emphasizing sustainability.
  • The construction of the showroom was a collaborative effort involving multiple parties to bring the chief architect's vision to life, showcasing intense dedication and innovative techniques.

Read Full Article

like

Like

source image

HinduBusinessLine

1d

read

170

img
dot

Image Credit: HinduBusinessLine

Vizhinjam Terminal eyes Shore Tension System to tame monsoon-fired waves 

  • Vizhinjam Terminal is planning to implement a Shore Tension System to handle monsoon waves better by purchasing equipment from agencies in the Netherlands.
  • The system aims to improve ship handling and productivity during adverse weather conditions, particularly during the first monsoon season since the terminal began operations in December 2024.
  • The terminal experienced a drop in monthly throughput during the monsoon month of June, but still surpassed the targets set in the concession agreement due to advanced technologies. July throughput is expected to exceed 100,000 TEUs.
  • The Shore Tension System ensures safer mooring of sea vessels in strong winds and suction, enhancing vessel stability at the terminal. Experts highlight the challenges posed by strong winds and ocean currents during the monsoon and emphasize the importance of such systems for sea-facing ports.

Read Full Article

like

10 Likes

source image

Bloomberg Quint

1d

read

344

img
dot

Image Credit: Bloomberg Quint

Anthem Biosciences IPO Fully Subscribed On Day Two, GMP Rises

  • Anthem Biosciences IPO was fully subscribed on day two of the offer, drawing bids for 73% of the offer a day ago.
  • The IPO, with a price band of Rs 540 to Rs 570 per share, is a book-building issue of Rs 3,395 crore solely through an offer for sale by promoters and selling shareholders.
  • As of noon, the IPO had an oversubscribed portion for non-institutional buyers, retail investors, and employees, while institutional investors are yet to participate.
  • The grey market premium for Anthem Biosciences IPO increased from Rs 116 to Rs 123, suggesting a listing at a 21.6% premium at an estimated price of Rs 693.

Read Full Article

like

15 Likes

source image

Medium

1d

read

83

img
dot

ElkAiva: Premium Private Label Clothing Manufacturer for Fashion Brands That Demand More

  • ElkAiva is a full-service private label manufacturing solution for fashion brands, offering quality, customization, and trust.
  • They provide ethical, high-quality production with verified partners and support brands in scaling their growth with low minimums.
  • ElkAiva offers full customization, end-to-end support, and services like fabric sourcing, custom samples, bulk production, branding, and logistics.
  • They work with startups, influencers, boutiques, luxury brands, and more, providing dedicated account managers, clear pricing, and high-quality craftsmanship.

Read Full Article

like

5 Likes

source image

TechBullion

1d

read

372

img
dot

Image Credit: TechBullion

Why Our Cold Room Has Been The Coolest Investment For Le Petit Sage, Central London

  • Le Petit Sage, a restaurant in Central London, faced a crisis last summer when their walk-in fridge broke down during a busy lunch rush.
  • They invested in a custom cold room from Cold Save Cold Room for around £20,000, which helped them save money on food wastage, improve efficiency, maintain quality, and boost staff morale.
  • The cold room installation allowed them to organize and store fresh produce at optimal temperatures, leading to minimal wastage and smoother kitchen operations.
  • The investment in the cold room was considered worth every penny as it future-proofed the restaurant, protected its reputation, and resulted in significant cost savings.

Read Full Article

like

22 Likes

source image

Coinpedia

1d

read

340

img
dot

Image Credit: Coinpedia

Rising Shiba Inu (SHIB) Rival Poised to Soar from Under $0.002 to $2, Could Make You a Millionaire

  • $LILPEPE, a new meme coin, aims to reach $2 from under $0.002.
  • It offers Layer 2 blockchain, zero tax trading, and anti-bot measures.
  • The project sees rapid presale success and boasts a clear roadmap to $1 billion market cap.
  • Combining utility, protection, and viral appeal, $LILPEPE emerges as a strong contender in 2025.

Read Full Article

like

20 Likes

source image

Moneyweb

1d

read

238

img
dot

The G20 and South Africa’s events tourism economy

  • South Africa is hosting the G20 Finance Track this week at The Capital Zimbali Resort, generating significant economic impact and showcasing the country's ability to host major international events.
  • Events like international conferences contribute billions to South Africa's economy, with cities like Cape Town securing numerous events and boosting economic growth through business travel.
  • The Mice industry in South Africa has seen substantial growth, reaching R122 billion, and events like Meetings Africa and Africa's Travel Indaba contribute to increased tourism spending and economic development.
  • Events tourism not only benefits major cities like Cape Town and Johannesburg but also has the potential to spread economic growth to coastal towns, wine routes, and inland regions, showcasing the country's diverse hosting capabilities.

Read Full Article

like

14 Likes

source image

Guardian

1d

read

197

img
dot

Image Credit: Guardian

Thames Water boss warns of decade-long turnaround as losses hit £1.6bn

  • Thames Water, the UK's largest water company, reported a £1.6 billion annual loss, a stark contrast to the previous year's £154 million profit.
  • The company is in a challenging financial situation with net debt at £16.8 billion, up from £15.2 billion, as it scrambles to stabilize its finances and avoid collapse.
  • Thames Water is working on a recapitalization plan funded by creditors to return to a stable financial foundation, but the turnaround process is expected to take at least a decade.
  • Despite improvements in operational performance such as reducing water leaks and household complaints, the company faced increased pollution incidents, with its creditors likely to take formal ownership in exchange for further investment.

Read Full Article

like

11 Likes

source image

HinduBusinessLine

1d

read

183

img
dot

Image Credit: HinduBusinessLine

Tejas Networks share price cracks 10% on Q1FY26 loss amid revenue slump

  • Tejas Networks reported a 10% drop in share price following a loss in Q1FY26, compared to a profit of ₹77.48 crore in the same period last year.
  • The company's consolidated revenue decreased by 87%, amounting to ₹201.98 crore in the reviewed quarter, down from ₹1,562.8 crore in the corresponding quarter of June 2024.
  • Tejas Networks attributed its revenue shortfall to delays in receiving purchase orders, including an expansion order from BSNL. The company secured orders for routers for Bharatnet Phase 3 and optical equipment from private operators in India.
  • Tejas Networks' CFO mentioned that the net loss was a result of lower revenue. The company anticipates significant orders in the future, including an expansion order from BSNL worth ₹1,526 crore. The stock price dropped by nearly 10% in early trading, hitting a low of ₹629.65 on the BSE.

Read Full Article

like

10 Likes

source image

Bloomberg Quint

1d

read

409

img
dot

Image Credit: Bloomberg Quint

Rallis India Shares Surge Nearly 9% After Q1 Profit Doubles

  • Rallis India saw its shares surge nearly 9% after reporting a doubling of its Q1 profit to Rs 95 crore.
  • The company's revenue from operations also increased by 22.2% to Rs 957 crore, driven by strong operational efficiencies and strategic initiatives.
  • Rallis India's Ebitda rose by 56.3% to Rs 150 crore, with an improved Ebitda margin of 15.7% due to better cost management and operational leverage.
  • Analysts have mixed recommendations on the company, with three 'buy,' four 'hold,' and nine 'sell' ratings, while the average 12-month consensus price target implies a downside of 35.5%.

Read Full Article

like

18 Likes

source image

HinduBusinessLine

1d

read

333

img
dot

Image Credit: HinduBusinessLine

As YouTube moves to limit AI content, other platforms stand to gain

  • YouTube is moving to limit 'AI Slop,' which consists of low-quality, repetitive AI-generated content, by requiring creators to flag the use of AI while uploading videos and images.
  • Industry watchers suggest the initiative aims to keep mass-produced AI videos out of YouTube's monetization program.
  • Some creators and industry experts believe that YouTube's restrictions on AI content may not lead to an immediate mass exit of creators from the platform, but could drive them to explore other platforms for monetization.
  • While YouTube tightens its policies on AI content, other platforms like Facebook, Instagram, and Pinterest are not discouraging AI usage, potentially leading to creators shifting their AI content creation to these platforms.

Read Full Article

like

20 Likes

For uninterrupted reading, download the app