Business

When Google announced its $15 billion investment in India on October 14—the company’s largest commitment to the subcontinent to date—it pointed to more than just a corporate expansion. It marked a turning point in the global AI race, showing that emerging markets are no longer just using technology—they’re helping to shape its future. The cornerstone of this investment is an artificial intelligence hub in the port city of Visakhapatnam. Over five years, Google announced it will construct a gigawatt-scale data center campus, set up an international subsea cable gateway, and develop clean-energy infrastructure—rolling out what the company calls its “full AI stack.” India’s digital transformation has accelerated over the past decade, driven by government programs like Digital India and a...

Accelerating rollout of small modular reactors will also be in spotlight at Brazil climate conference The industry will be hoping Cop30 offers nuclear energy another opportunity in the spotlight. Courtesy IAEA. As ministers and officials from 194 countries arrive in Brazil for the fortnight-long Cop30 climate conference, the International Atomic Energy Agency (IAEA) has said it will use the opportunity to push for the deployment of nuclear power and discuss financing mechanisms that can help the rollout. What we offer Independent news and information for and about the global nuclear industry For nuclear incidents, NucNet ope...

Tech stocks led the market higher at the opening bell on Monday after the Senate took a big step toward ending the record-breaking government shutdown that has clouded the picture of the economy. The tech-heavy Nasdaq Composite (^IXIC) surged over 1.5%, while the S&P 500 (^GSPC) and Dow Jones Industrial Average climbed by around 1% and 0.5%, respectively. Markets have turned upbeat amid optimism that the 39-day US shutdown could soon come to an end, after a weekend of dealmaking in Washington. A new bill was released late Sunday and quickly advanced in a key Senate procedural vote, after enough Democrats joined with Republicans to avoid a filibuster. The prolonged shutdown has taken a toll on consumer confidence and the overall economy, with consumer sentiment dropping to j...

All town departments in Marblehead are being instructed to create level-funded budgets with no additional spending for fiscal year 2027, according to Finance Director Aleesha Benjamin at a Nov. 3 meeting.  That’s despite contractually obligated 3% raises for many town employees and rising utility, health insurance, trash and other costs. In addition, Finance Director Aleesha Benjamin is projecting town revenues will drop by $514,462 in FY27 and she is predicting $5 million in free cash (money left over from the previous year), down from $7 million last year. Finance Committee Chair Alec Goolsby released this projected budget timeline at a Nov. 3 meeting.  “In order to balance (the budget) — which we have to balance, right? — there are going to be reductions in budgets,” Finance Co...

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WASHINGTON DC — Mayer Brown announced today that Frederick Cristman and James Adams have joined the Washington DC office as partners in the firm’s Global Leveraged Finance and Private Capital Group. They join from Hogan Lovells and bring years of dealmaking experience in complex finance transactions.  “Fred and James are both highly respected finance lawyers in the cash flow and ABL space with a tremendous client following and deep market experience,” said Fred Fisher, co-leader of Mayer Brown’s Global Leveraged Finance and Private Capital Group. “They align perfectly with our strategic growth plans across our global platform in private credit. Their arrival, combined with the recent additions of Brian Trudgen in Chicago and David Miles and Philip Butler in London, further strengthens our ...

1847 Holdings LLC NEW YORK, NY, Nov. 10, 2025 (GLOBE NEWSWIRE) -- 1847 Holdings LLC ("1847" or the "Company") (OTCID: LBRA), a holding company specializing in identifying overlooked, deep-value investment opportunities in middle-market businesses, today announced that it will host a conference call at 8:30 a.m. Eastern Time on Wednesday, November 12, 2025, to discuss the Company’s financial results for the third quarter 2025 ended September 30, 2025. The call will also include an update on the Company's corporate progress and other developments. The conference call will be available via telephone by dialing toll-free 877-407-9219 for U.S. callers or +1 412-652-1274 for international callers. A webcast of the call may be accessed at https://event.choruscall.com/mediaframe/webcas...

Greenhaven Road Capital, an investment management company, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund returned approximately -9%, bringing the YTD returns to approximately -9%. The factors that affected the portfolio during the quarter included a lack of direct investment in AI, no overlap with the S&P 500 and Russell 2000, and insufficient ownership of small, high growth, yet unprofitable companies that have driven the recent rally and benefited from the current AI landscape. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025. In its third-quarter 2025 investor letter, Greenhaven Road Capital highlighted stocks such as Kingsway Financial Services Inc. (NYSE:KFS...

Datadog CFO David Obstler named to board of directors and former Wise CFO Matt Briers appointed board advisor and observer as company prepares for potential IPO NEW YORK, Nov. 10, 2025 /PRNewswire/ -- Rokt, the leading ecommerce technology company using machine learning and AI to make transactions more relevant to each customer, today announced key additions to its board of directors and advisory group, effective Nov. 15. David Obstler, Chief Financial Officer of Datadog (NASDAQ: DDOG), joins the Rokt board and will chair the audit committee. Matt Briers, former Chief Financial Officer of Wise (LON: WISE), joins as a board advisor and observer of both the board and its audit committee. Both executives bring deep financial, operational, and governance expertise that will help guide Rokt t...

Presdent Trump has said most Americans can expect to get a "dividend" from tariffs of $2,000 or more, as the levies generate a surge in revenue. That payoff could come in the form of the tax cuts laid out in the economic policy bill passed earlier in 2025, Treasury Secretary Scott Bessent suggested. On Sunday, Trump took to social media to say: "A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone," in a post that began: "People that are against Tariffs are FOOLS!" Speaking to ABC later, Bessent stressed he hadn’t talked to the president but speculated the $2,000 dividend "could be just the tax decreases that we are seeing on the president’s agenda." The comments follow Trump's back and forth with reporters on Thursday in the Oval O...