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IntrCity SmartBus, a tech-enabled intercity bus platform in India, has raised $30 million in funding to expand its network across smaller cities and towns in the South Asian nation. The all-equity Series D round, led by A91 Partners, values the Noida-based startup at $140 million post-money. Intercity travel is accelerating in India as more people … Read more
Key Takeaways Pantera Capital hired former Symbolic Capital principal Sam Lehman as junior partner to enhance its crypto-AI investment strategy. A significant portion of Pantera Fund V’s $1 billion target will focus on investments at the intersection of blockchain and AI. Share this article Pantera Capital has appointed former Symbolic Capital principal Sam Lehman as … Read more
TOPSHOT – Russia’s Foreign Minister Sergey Lavrov (R) and India’s Foreign Minister Subrahmanyam Jaishankar enter a hall for their talks at Zinaida Morozova’s Mansion in Moscow on August 21, 2025. Alexander Zemlianichenko | Afp | Getty Images India and Russia agreed Thursday to expand bilateral trade ties, signaling that U.S. tariff pressure on New Delhi … Read more
The German army’s growing need for new recruits is making businesses anxious that their struggle to find staff will get even harder. Corporate representatives told the Financial Times that they backed efforts to bolster the military of Europe’s largest nation as Nato seeks to strengthen its deterrence against Russia. But they are concerned that a … Read more
OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing over-producing members that has sent crude prices plunging. Key nations led by Saudi Arabia and Russia agreed to add 411,000 barrels a day next month, according to a statement on OPEC’s website following a … Read more
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. Pavel Mikheyev | Reuters U.S. oil prices fell about 2% on Monday, adding to last week’s steep losses on fears President Donald Trump’s global tariffs would push the U.S., and maybe … Read more
Key Takeaways Bitcoin and major altcoins suffered significant losses due to concerns over new US tariff policies. Crypto market capitalization decreased by over 10%, representing a $100 billion loss. Share this article Bitcoin hovered below the $77,000 level in early Monday trading as the broader crypto market downturn deepened. Losses extended across altcoins, with major … Read more
Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing “immense challenges” as the country’s auto industry battles slowing electric vehicle demand and rising Chinese competition. The cuts — amounting to about eight percent of Audi’s global workforce — were aimed at boosting “productivity, speed and flexibility” at its factories … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nato has urged the EU and Turkey to improve their relations as US President Donald Trump’s retreat from European security forces the continent’s capitals to rapidly rethink their alliances. Nato secretary-general Mark Rutte has privately … Read more
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