Luxury carmaker Lamborghini has announced that its hybrid super sports car, Revuelto, is sold out in India and globally for 2024. The strong demand for the Revuelto is driven by a growing number of new customers, including a 20 per cent increase in first-time buyers in India. Lamborghini is also evaluating the possibility of opening new dealerships in smaller towns […]

Shares of Philips Electronics NV were losing around 5 percent in Amsterdam trading as well as in the pre-market activity on the NYSE after the U.S. regulator warned against the safety of Dutch consumer electronics giant’s DreamStation 2 Continuous Positive Airway Pressure or CPAP Machines. The Food and Drug Administration or FDA said it is alerting patients and healthcare providers […]

The Pentagon has announced that all eight airmen who were on board a U.S. military plane have died in crash off the coast of Japan last week. A CV-22 Osprey was on a routine training mission on November 29 when it crashed into waters off the coast of Yakushima Island in southern Kagoshima prefecture, according to the U.S. Air Force. […]

The Food and Drug Administration or FDA said it is investigating serious risk of T-cell malignancies following BCMA or CD19-directed autologous Chimeric Antigen Receptor or CAR T cell Immunotherapies. The overall benefits of these products continue to outweigh their potential risks for their approved uses, the agency noted. According to the American Cancer Society, CAR T-cell therapy is a way […]

Stocks fluctuated over the course of the trading session on Tuesday before eventually ending the day modestly higher. With the uptick on the day, the Dow reached its best closing level in well over three months. The major averages finished the day well off their highs of the session but still in positive territory. The Dow crept up 83.51 points […]

As a four-day truce between Israel and Hamas entered its final day on Monday, both sides have given indications that they are ready for an extension in fighting, reports say. Israeli government has offered to add an extra day in truce if Hamas releases additional 10 hostages each day. Hamas responded by saying it is willing to an extension and […]

Berkshire Hathaway veteran Charlie Munger has left the ground at 99 after leading a successful investing life along with his long-time business partner and investment mogul Warren Buffett. Berkshire’s Vice Chairman was Buffett’s right-hand man for a long time spanning over five decades at the helm of the multinational conglomerate Berkshire. Announcing the death of Munger, Buffett, CEO and chairman […]

In a move that will benefit a significantly large number of Indian technology professionals, the US is set to begin a pilot programme for domestic renewal of certain categories of H-1B visas in December. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies […]

After moving mostly higher over the course of the previous session, stocks have moved back to the downside during trading on Tuesday. The major averages have all moved lower, with the tech-heavy Nasdaq showing a notable pullback. Currently, the major averages are off their lows of the session but still in the red. The Nasdaq is down 115.11 points or […]

European stocks are seen opening broadly higher Tuesday on growing expectations that U.S. interest rates may have peaked. That said, overall trading activity may be somewhat subdued due to the Thanksgiving Day holiday in the U.S. on Thursday and a shortened trading day on Friday. The dollar nursed losses while Treasury yields edged up slightly as traders await the minutes […]