business

Nvidia Profits Surge Amidst Record-Breaking Rally and Artificial Intelligence Mania | International Business News – Times of India

Nvidia Corp’s blowout earnings report lifted shares and assured the market that artificial intelligence mania is still going strong. It might also make the stock look cheaper.All eyes were on the chipmaker’s guidance for signs about the strength of the AI market, and Nvidia didn’t disappoint. With the numbers now in, bulls are swiftly calculating […]

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UK to pull out of energy charter treaty that ‘penalises’ green climate action

The UK is withdrawing from a controversial treaty that allows fossil fuel giants to sue governments over their climate policies. The decision comes after campaigning and pressure by green groups and follows similar moves by Spain, France, Germany and the Netherlands. The government said the UK was withdrawing from the Energy Charter Treaty after attempts

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Leaked Files Show the Secret World of China’s Hackers for Hire

A cache of documents from a Chinese security firm working for Chinese government agencies showed an extensive effort to hack many foreign governments and telecommunications firms, particularly in Asia, as well as targets of the country’s domestic surveillance apparatus. The documents, which were posted to a public website last week, revealed an eight-year effort to

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Income tax could be scrapped for millions in this US state – Times of India

NEW DELHI: Plans have been put forward in Ohio that aim to abolish the state income tax by the end of the decade. Republican legislators in both the House and Senate introduced companion bills at January’s close, proposing the elimination of not only state income tax for residents by 2030 but also the commercial activities

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Fed Minutes Show Embrace of Inflation Progress but No Hurry to Cut Rates

Federal Reserve officials welcomed a recent inflation slowdown at their last meeting in late January but were intent on proceeding carefully as they tiptoe toward rate cuts, according to minutes from that gathering, which were released on Wednesday. Central bankers raised interest rates sharply from March 2022 to July 2023, pushing them to 5.3 percent

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