Global AI boom fuels Asia factory expansion in August

Anthropic aims to start the formal marketing for its initial public offering as soon as the week of Nov. 9 and begin trading before the Thanksgiving holiday, Nov. 26, Bloomberg reported Thursday (Oct. 1), citing unnamed sources. The company is still considering its plans for the IPO, and the timing could change, the report said….

In August, Axis Direct introduces 44 stock recommendations, advocating a buy-on-dips approach. The banking, capital goods, and realty sectors exhibit promising technical patterns for investors. Additionally, consumer durables, healthcare, power, and auto sectors are projected to perform well. However, a selective caution is suggested for FMCG, metals, and oil & gas stocks as the brokerage…

At a reception along Chicago’s Riverwalk on Monday, the MBA Opens Doors Foundation honored two longtime champions of its mission to help families remain in their homes while caring for critically ill or injured children. Former Mortgage Bankers Association President and CEO Dave Stevens, his wife Mary Stevens, and Dan Arrigoni, former president of U.S….

Saudi Arabia said Friday that it shut down the kingdom’s crucial East-West crude oil pipeline as a precautionary measure after multiple attacks by drones launched from Iraq. The drones targeted the pipeline in the Riyadh and Medina regions Thursday morning causing fires and some damage, the Saudi government said. Several people were injured in the…

Brookwood Investment Group, a Phoenix-based registered investment advisory platform with $1.5 billion in assets under management, has hired four executives to its leadership team. CEO and co-founder Kimberly Raimondo said the firm’s growth from $515 million in assets in 2024 and more than 75 advisors had her thinking about adding experienced leaders to keep growing…

India’s pension fund managers invest retirement savings across asset classes, balancing long-term returns with risk. (Representative image) 1 min read Last Updated : Oct 15 2026 | 8:40 PM IST Pension fund managers are basically asset managers, typically financial institutions who take care of large capital pools that pay out employee retirement benefits. These institutions…