Shares of software and IT services companies plunged Tuesday after International Business Machines (IBM) reported preliminary results that missed analyst expectations, reigniting questions about the sector.IBM shares plummeted as much as 26%, on track for their biggest one-day drop since at least 1968. The company reported that it missed expectations because customers shifted capital spending…
Vishnu Vishal starrer ‘Gatta Kusthi 2’ is proving that a film can survive on strong word of mouth even when the buzz of the opening week fades. Indian sports family entertainer is still drawing audiences in its second week due to its mix of humour, emotions, and wrestling action. While weekday collections have naturally slowed,…
Yufang Rong with husband Youlin Chen, an American seismologist who faces espionage charges WASHINGTON: A Chinese-born American seismologist who has published US-funded work on detecting North Korean nuclear tests has been detained in China for nearly two years and faces trial on spying charges, according to his wife, US lawmakers and two hostage advocacy groups.The…
France’s Kylian Mbappe (10) in after the World Cup semifinal match between France and Spain in Arlington, Texas. (AP Photo) Kylian Mbappe did not hide behind excuses. He looked at what happened in Arlington on Tuesday night and called it exactly what it was, a failure in every area of the game.France’s 2-0 defeat to…
Oil prices surged beyond the $85-a-barrel mark on Wednesday as the Middle East once again got embroiled in conflict. Energy supply concerns intensified after the United States reinstated a naval blockade on Iran and fighting between Washington and Tehran escalated, raising fears over crude supplies moving through the Strait of Hormuz.Brent crude and US West…
NEW DELHI: Output in the air transport sector contracted nearly 14% in April, NSO’s maiden index of services production (ISP) data released Tuesday show – in what could be a reflection of the impact of high fare costs imposed due to increased fuel prices because of the ongoing conflict in West Asia. In contrast, the…
Aditya Sarpotdar says his horror universe films prioritize the 90% general audience over the 10% who track every detail. Building franchises brings expectations, unlike starting fresh, he notes. With “Shakti Shalini,” his third film after “Munjya” and “Thama,” reinvention is key. The film stars Aneet Padda, Nana Patekar, Vishal Jethwa, releasing Christmas 2026. Even as…
England’s bowler Brydon Carse and Jofra Archer (PTI Photo) Brydon Carse has been added to England’s squad for the remaining two ODIs of the three-match series against India after completing his recovery from injury. The England and Wales Cricket Board (ECB) confirmed the inclusion of the 30-year-old fast bowler on Tuesday, July 14, during the…
US President Donald Trump urged Israeli Prime Minister Benjamin Netanyahu to begin withdrawing Israeli forces from southern Syria and Lebanon during a phone call last week, according to a report by Axios, citing American and Israeli officials.According to the report, Trump warned that Israel’s continued military presence in Syrian territory could fuel further instability.“They don’t…
MUMBAI: Reserve Bank of India has proposed changes to bank shareholding norms to ease investment by domestic institutional investors, while tightening disclosure and monitoring to maintain regulatory oversight. The amendments will make it easier for fund managers that are part of a financial conglomerate to acquire shares in private banks without triggering acquisition norms.RBI has…
