Tata Motors-owned Jaguar Land Rover is likely to suffer a £540m loss ( $6,300 crore), about a third of its 2024-25 profits, due to the September cyber attack, according to the Cyber Monitoring Centre, an independent agency that tracks the impact of... https://www.timesofupdate.com/?p=103972
Two oil refineries in Eastern Europe, both linked to Russian energy companies, were rocked by explosions on Monday, October 20, 2025, within hours of each other. The incidents, which occurred in Romania and Hungary, sparked investigations and raised... https://www.timesofupdate.com/?p=103969
RIYADH: Just weeks after the conclusion of the second edition of the Esports World Cup, the Saudis were ready for the next step. At the end of September, the Public Investment Fund, together with investment partners, acquired the American video game... https://www.timesofupdate.com/?p=103966
In the wake of Russia's large-scale invasion of Ukraine in February 2022, the European Union (EU) adopted a hardline stance, seeking to isolate Moscow through an unprecedented sanctions regime and a diplomatic freeze. The objective was clear: paralyze the... https://www.timesofupdate.com/?p=103963
Microsoft CEO Satya Nadella's compensation rose to $96.5 million for fiscal 2025, marking his highest earnings since he took the job more than ten years ago, and the board attributes the boost to the company's advances in artificial intelligence.The... https://www.timesofupdate.com/?p=103957
New Delhi [India]October 22 (ANI): Union Commerce and Industry Minister Piyush Goyal held a series of productive meetings in Delhi with Vice Chairman of the International Electrotechnical Commission (IEC) and key German business leaders to discuss avenues... https://www.timesofupdate.com/?p=103954
The other four are integrating their AI approaches with their existing software services business models. The move by TCS has divided analysts, who have already highlighted concerns of AI eating into the revenue of local software services companies amid... https://www.timesofupdate.com/?p=103951
LAS VEGAS (AP) — A massive virtual arcade on the Las Vegas Strip has filed for bankruptcy after just a year of operation, facing pending eviction and millions in unpaid claims, court documents show.The Electric Playhouse in Las Vegas, a high-tech gaming... https://www.timesofupdate.com/?p=103948
A United Airlines plane appears to have collided with a weather balloon while cruising over Utah at 36,000 feet last week, fracturing layers of its windshield and forcing an emergency landing.A California company called Windborne Systems said it began... https://www.timesofupdate.com/?p=103945
For decades, Germany was the industrial heart of Europe: a nation synonymous with precision engineering, global exports and economic discipline. But today that power is faltering. Steel plants are closing, auto factories are downsizing, and business... https://www.timesofupdate.com/?p=103942
The Karnataka Milk Federation (KMF) announced a historic achievement on Tuesday, reporting that its sweets brand Nandini recorded sales of 1,100 metric tonnes, generating a remarkable revenue of $46 crore during the recent festive season of Dasara and... https://www.timesofupdate.com/?p=103939
"The businesses spanned dating, companionship, cooking, children's storytelling and even sleep," said Nitin Sharma, partner and co-head of India at Antler. Mint. The program also featured companies working on voice solutions for e-commerce merchants... https://www.timesofupdate.com/?p=103936
When AT&T (t), T-Mobile US (TMUS) and Verizon Communications (VZ) report third-quarter earnings, Wall Street analysts will seek management's views on the outlook for competitive intensity versus the cable TV industry in 2026. AT&T shares have gained 14%,... https://www.timesofupdate.com/?p=103933
Disagreements over board appointments, corporate governance and control over strategic decisions have reached the Reserve Bank of India (RBI) as well as key central government ministers. While individuals in the boardroom make the necessary maneuvers, the... https://www.timesofupdate.com/?p=103930
Lightrock-backed personal lending platform Olyv, formerly known as SmartCoin, has appointed Unitus Capital to raise new funds, three people aware of the development said.The new round of financing is expected to amount to between 15 and 20 million dollars... https://www.timesofupdate.com/?p=103927
The planned peace summit between Russian President Vladimir Putin and US President Donald Trump in Budapest has sparked strong reactions across Europe, with the EU's top diplomat Kaja Kallas openly expressing her displeasure.Ahead of the EU Foreign... https://www.timesofupdate.com/?p=103924
Jio and its closest rival Bharti Airtel Ltd recently scrapped their base plans to boost their average revenue per user (or Arpu, a key performance metric for telecom operators), raising expectations that telecom operators would increase tariffs towards... https://www.timesofupdate.com/?p=103921
Houston billionaires Nancy and Rich Kinder are in the spotlight since they announced they will be donating most of their money to charity. The couple pledged to donate 95% of their fortune to local causes, including parks, education and the arts, among... https://www.timesofupdate.com/?p=103918
Keppel already owns 51% of Cleantech. Keppel Corporation Ltd, Keppel Asia Infrastructure Fund LP (KAIF) and a co-investor of KAIF, through Cloud Alpha Pte Ltd, had acquired 51% of the share capital of Cleantech Renewable Assets Pte. Ltd. Ltd for $150... https://www.timesofupdate.com/?p=103915
Including NVIDIA (NVDA), Alphabet (GOOGLE) and tesla (TSLA), none of the members of the Magnificent Seven have achieved this feat, but the artificial intelligence giant Broadcom (AVGO) has: Broadcom stock has been on the best mutual funds new buy list for... https://www.timesofupdate.com/?p=103960
(Times of Update) -- NASA wants companies to compete with SpaceX for a contract it has to fly astronauts to the moon, a new sign of the backlash over delays with Elon Musk's Starship spacecraft."I'm in the process of opening that contract," acting NASA... https://www.timesofupdate.com/?p=103912
Tech giant Amazon is set to refund customers for "misleading" them into Prime Video subscriptions and obfuscating the cancellation process, after agreeing to a $2.5 billion settlement in a dispute with the US Fair Trade Commission (FTC).Of the $2.5... https://www.timesofupdate.com/?p=103909
Apple iPhone and iPad users in China have filed a complaint against the US-based tech giant with the Chinese market regulator, alleging that the company is abusing its dominance in the market while charging high commissions from its customers, the news... https://www.timesofupdate.com/?p=103906
Ola Electric Mobility founder Bhavish Aggarwal and other top officials have been booked by the Bengaluru police after an employee of the company committed suicide, accusing them of harassment, authorities said on Monday.The deceased, K Aravind, 38, was... https://www.timesofupdate.com/?p=103903
IKEA's largest franchisee, Ingka Investments, is purchasing forest land worth approximately $7.39 million rupees (720 million euros) in Estonia and Latvia, to meet their needs for sustainable raw materials for furniture, Times of Update reported.The... https://www.timesofupdate.com/?p=103900