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[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a philanthropist, private investor and co-founder of PimcoWith age comes some insights and as we head into 2025, now is as good a time as any to look back on some of the lessons from my investing career that have served me well.On the occasion last year of the publication of a (almost) comprehensive collection of my Investment Outlook essays going back to the late 1970s, I allowed myself some time for reflection. Not over the humility of…

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[ad_1] Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024.Joe Skipper | ReutersTesla’s bitcoin holdings led to a big pop in reported net income for the fourth quarter because of a new rule change in how companies account for digital assets.After showing a carrying value of $184 million in digital assets for the prior four quarters, the number suddenly jumped to $1.08 billion in the December period, Tesla reported in its earnings release on Wednesday.The increase followed a recent policy change from the Financial Accounting Standards Board, which mandates that corporate digital asset…

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[ad_1] India aims to achieve net-zero emissions by 2070, a goal that necessitates a strong carbon credit framework. As international mandates for sustainable supply chains, production, and trade become increasingly prominent, carbon credits play an important role in their implementation.With India’s economy relying significantly on energy-intensive industries, carbon credits offer a solution to reconcile economic growth and sustainability, says Sanjay Gupta, CEO at Apollo Green Energy, a major engineering, procurement, and construction services provider.“Such a method would not only push corporations to adopt more environmentally friendly practices but would also allow India to capitalise on its tremendous renewable energy potential.…

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[ad_1] OpenAI CEO Sam Altman, accompanied by U.S. President Donald Trump, Oracle CTO Larry Ellison (R), and SoftBank CEO Masayoshi Son (2nd-R), speaks during a news conference in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC. Andrew Harnik | Getty ImagesSoftBank is in talks to invest up to $25 billion in OpenAI, which would make it the startup’s top backer, CNBC has confirmed.The deal has not been finalized yet, according to a person with knowledge of the matter who asked not to be named because the negotiations are confidential. The FT was first to report…

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[ad_1] NEW YORK/BENGALURU (Jan 28): US stocks ended higher on Tuesday, with Nvidia and other artificial intelligence (AI)-linked technology shares recovering from sharp losses the previous day, as investors snapped up bargains. The Nasdaq led gains and AI chip leader Nvidia gave the index its biggest boost, a day after Nvidia’s 17% drop erased about US$593 billion (RM2.6 trillion) from its market value in the biggest single-session loss for any company. The S&P 500 technology sector rose the most of any S&P 500 sector, while an index of semiconductor shares also gained. Investors were eager to hear from Apple, Microsoft, and other…

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[ad_1] By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest rates unchanged and Chair Jerome Powell said there would be no rush to cut them again. The 1-month non-deliverable forward indicated that the rupee will open around 86.57-86.58 to the U.S. dollar, marginally weaker than Wednesday’s 86.54. The dollar index climbed a near one-week high following the Fed’s decision before paring gains to trade flat at 107.8 in Asia trading. Referring to the potential impact of policy changes by U.S. President Donald Trump,…

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