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Business

Major Hedge Fund Poised for Massive $20 Billion Stake in Upcoming SpaceX IPO.

May 19, 2026 at 12:31 AM

Reports suggest a significant financial restructuring ahead of the anticipated SpaceX public offering, potentially granting a single hedge fund a $20 billion stake.

9 sources

Major Hedge Fund Poised for Massive $20 Billion Stake in Upcoming SpaceX IPO

Image Credit : fortune.com

Technology

A* Capital Secures $450 Million for Third Fund with Contrarian Investment Strategy.

May 12, 2026 at 6:52 PM

7 sources

Economy

Image Source : ekathimerini.com

UAE Exit from OPEC Triggers Global Market Uncertainty and Geopolitical Tensions.

May 5, 2026 at 8:30 PM

8 sources

Economy

Image Source : thehighstreetjournal.com

OPEC Fund Unveils $1.5 Billion Global Economic Resilience and Trade Initiative.

April 29, 2026 at 8:12 PM

10 sources

Local News•

April 28, 2026 at 1:44 PM

UAE to Depart from OPEC and OPEC+ Alliance Starting May 2026.

In a major shift for global energy markets, the UAE has announced its withdrawal from OPEC and OPEC+ effective May 1, 2026, citing a need for greater production flexibility and alignment with national economic goals.

10 sources

Technology

Accel Secures $5 Billion War Chest to Fuel Late-Stage AI Dominance.

April 15, 2026 at 5:43 PM

Venture capital giant Accel has raised $5 billion in new capital, primarily directed toward late-stage startups with a significant emphasis on AI, robotics, and defense technology.

15 sources

Accel Secures $5 Billion War Chest to Fuel Late-Stage AI Dominance

Economy

India Fortifies Economic Shield as Forex Reserves Approach $700 Billion Amid Regional Instability.

India's foreign exchange reserves are nearing the $700 billion mark, providing a critical financial buffer against global economic volatility triggered by rising US-Iran tensions.

April 12, 2026 at 4:36 PM

30 sources

Economy

Image Source : moneycontrol.com

OPEC+ Announces Symbolic Oil Production Hike Amidst Strategic Strait of Hormuz Standoff.

April 5, 2026 at 5:51 PM

14 sources

Local News

Image Source : thetricontinental.org

President Dissanayake Reviews Economic Reform Milestones with IMF Mission.

April 2, 2026 at 12:06 PM

38 sources

Global Financial Institutions Unite to Mitigate Economic Impact of Iran Conflict

Image Source : usnews.com

Economy•

April 1, 2026 at 6:25 PM

Global Financial Institutions Unite to Mitigate Economic Impact of Iran Conflict.

Major global entities, including the IMF, World Bank, and IEA, have launched a collaborative initiative to address the economic and energy-related consequences arising from the ongoing war in Iran.

9 sources

Technology

OpenAI Secures Massive $122 Billion Funding at $852 Billion Valuation.

March 31, 2026 at 9:27 PM

OpenAI has finalized a record-breaking $122 billion funding round, reaching a valuation of $852 billion as it prepares for future public market expansion.

10 sources

OpenAI Secures Massive $122 Billion Funding at $852 Billion Valuation

Politics

The Looming Global Energy Crisis: A Challenge for the New Administration.

The current administration faces an impending external threat as a deepening global energy crisis, fueled by Middle Eastern conflicts, looms over the nation.

March 29, 2026 at 8:55 AM

1 sources