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Employees work inside a textile factory in Bhilwara, Rajasthan, India, on July 6, 2025. Himanshu Sharma | AFP | Getty ImagesIndia’s total merchandise exports rose 19% year-on-year to $38.13 billion in November due to a significant improvement in trade with the United States.India’s merchandise trade deficit hit a record high of about $41.7 billion in October, but narrowed to $24.5 billion in November, exceeding the $32 billion forecast in a Reuters poll.India’s exports to the US in November rose 22.6% to $6.98 billion, further exceeding the previous month’s exports of $6.31 billion.India’s exports to the US fell by 8.6% in…

PayPal CEO Alex Criss speaks at Global FinTech Fest in Mumbai, India on October 7, 2025.Indranil Aditya | Null Photo | Getty Imagespaypal announced on Monday that it has applied for approval to establish a PayPal bank that can provide loans to small and medium-sized businesses.”The creation of PayPal Bank strengthens our business, increases efficiency, and allows us to better support the growth and economic opportunity of small businesses across the United States,” PayPal CEO Alex Chriss said in a statement.PayPal said the Federal Deposit Insurance Corporation, along with the Utah Department of Financial Institutions, will review the application to…

Garry Ridge had already been a CEO for two years when he enrolled at the University of San Diego in 1999 to earn a master’s degree in business leadership.Ridge, who ran the versatile products company WD-40 from 1997 until his retirement in 2022, believed at the time that he needed to change himself to make the company and its employees more successful, he said on Simon Sinek’s “A Bit Of Optimism” podcast on Nov. 25.Ridge had recently immigrated from Australia and wanted to spread WD-40 around the world, he said. Before returning to school, he was a “succinct, bright, leave”…

Disney’s three-year licensing partnership with OpenAI includes one exclusivity, Disney CEO Bob Iger told CNBC. Last week, the company entered into a partnership with OpenAI to bring its iconic characters to the AI ​​company’s Sora video generator. Once that special year ends, Disney will be free to enter into similar deals with other AI companies. This agreement makes OpenAI a high-profile content partner, allowing users to create content on Sora with over 200 characters from Disney, Marvel, Pixar, and Star Wars. Currently, this is the only legally permitted AI platform. For Disney, the deal provides a way to try out…

Google Gemini, ChatGPT, Microsoft Copilot, Claude by Anthropic, Perplexity, and Bing app logos appear on a smartphone screen on November 21, 2024 in Reno, USA.Jack Silva | Null Photo | Getty ImagesMerriam-Webster on Monday declared “slop” the word of the year for 2025, a sign of growing wariness about artificial intelligence.According to Merriam-Webster’s dictionary, slop is currently defined as “low-quality digital content, typically produced in large quantities by artificial intelligence.” The word has previously been used primarily to mean “product of little value” or “food waste fed to animals.” Mainstream social networks are flooded with AI-generated content, including what 404…

sydney, australia — At least 15 people were killed Sunday in a terrorist attack targeting the Jewish community celebrating the first night of Hanukkah at Sydney’s famous Bondi Beach. About 1,000 people had gathered in a grassy area at Archer Park, but at least two gunmen opened fire at 6:47 p.m. local time, sending panicked crowds running in all directions. The suspects in the mass shooting at Australia’s Bondi Beach were a father and son, New South Wales Police Commissioner Mal Runyon said at a press conference Monday morning. The two were later identified by Australian media as 50-year-old Sajid…

Sean “Diddy” Combs’ ex-girlfriend says she fainted after reading Kathy Ventura’s lawsuitJane said this on the way. her testimony Part of Ventura’s November 2023 lawsuit-Finally settled-reflected her own experience with comb. “I almost passed out. In fact, I think I passed out,” she tearfully told jurors. “There were three specific pages that made harrowing references to what I was going through.” Jane, who attended “Night at the Hotel,” said she felt like she was reading “her own story.” That led her to confront Combs via text message. “I feel like I’m reading my own sexual trauma,” she wrote in a…

Stephanie Kramer was just a few years into her career when she joined one of her dream companies. In 2007, she joined L’Oréal to manage global marketing efforts for Ralph Lauren’s fragrance division.In the nearly 20 years since then, Kramer, 43, has worked on iconic fragrance and skin care brands at L’Oréal, then at Chanel, before returning to L’Oréal in a recent career move to become chief human resources officer for the company’s North American operations.She says some of the best career advice she ever got came from her former boss, Chanel CEO Maureen Schiquet, who gave her a framework…

OpenAI-backed biotech startup Chai Discovery on Monday announced a $130 million Series B round at a valuation of $1.3 billion. The company said the round was led by General Catalyst and Oak HC/FT. Other participants include Menlo Ventures, OpenAI, Dimension, Thrive Capital, Neo, Yosemite Venture Fund, Lachy Groom, SV Angel, and new investors Glade Brook and Emerson Collective. The company’s total funding currently exceeds $225 million. The company is part of a growing industry that sees AI as a faster route to drug development. In August, Menlo Ventures announced it would lead Chai’s $70 million Series A round. The investor…

Traders work on the floor of the New York Stock Exchange on December 15, 2025 in New York City, USA. Brendan McDiarmid | Reuters U.S. stocks have been volatile lately as investors have moved away from artificial intelligence stocks, especially those related to AI infrastructure. oracle, broadcom and coreweave. The concern is that these companies are taking on large amounts of debt to finance multibillion-dollar deals.Oracle, for example, said Wednesday it needs to increase its capital spending by an additional $15 billion this fiscal year and increase its data center leases. The company is relying on debt to cover all…