Author: Mirza Shehnaz

Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

Samsung Electronics second-quarter profit likely to drop 39% on weak AI chip sales

A view shows Samsung Electronics’ chip production plant at Pyeongtaek, South Korea, in this handout picture obtained by Reuters on September 7, 2022. Samsung Electronics Samsung Electronics (005930.KS), opens new tab is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia (NVDA.O), opens new tab. The world’s biggest maker of memory chips is projected to report an April-June operating profit of 6.3 trillion won ($4.62 billion), its lowest income in six quarters, according to LSEG SmartEStimate. The Reuters Daily Briefing newsletter provides all the news…

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Trump says tariff letters to 12 countries signed, going out Monday

U.S. President Donald Trump said he had signed letters to 12 countries outlining the various tariff levels they would face on goods they export to the United States, with the “take it or leave it” offers to be sent out on Monday. Trump, speaking to reporters aboard Air Force One as he traveled to New Jersey, declined to name the countries involved, saying that would be made public on Monday. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. Trump had earlier on Thursday told reporters that he expected a first batch of letters to…

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Trump says US nears trade deals as tariff deadline delayed

MORRISTOWN, New Jersey, July 6 (Reuters) – The United States is close to finalizing several trade pacts in coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Sunday, with the higher rates set to take effect on August 1. Since taking office, Trump has set off a global trade war that has roiled financial markets and sent policymakers scrambling to protect their economies, through efforts such as deals with the United States and other countries. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. In…

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Clean-energy backers blast US budget bill as a setback

Trump’s fellow Republicans in the House passed the bill 218-214 and it now heads to the president’s desk. Trump is expected to sign it on Friday. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter.  The sharply cuts access to a 30% tax credit for solar and wind power projects that had been set to run until 2032 and which developers had relied on. Research firm Energy Innovation projected that the bill would result in a fall of 300 gigawatts of U.S. electricity capacity, as demand soars for the first time in two…

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Fintech firm Pine Labs seeks up to  billion valuation in India IPO, source says

June 26 (Reuters) – Indian fintech firm Pine Labs’ PINL.NS initial public offering could be worth about $1 billion and the company is seeking a valuation of up to $6 billion, a source familiar with the matter said on Thursday. Pine Labs is looking to issue fresh shares worth 26 billion rupees ($304 million) while existing investors including Peak XV, PayPal and Mastercard will sell up to 147.8 million shares, draft papers filed with the market regulator showed. Get the latest news from India and how it matters to the world with the Reuters India File newsletter.  The company, which competes with…

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Global dividend funds attract inflows on rate-cut hopes and market jitters

July 1 (Reuters) – Global funds that invest in dividend-paying stocks are drawing strong flows this year, following two years of tepid investor demand, as investors seek assets with a stable income while they navigate geopolitical and economic tensions. Higher dividend-yielding stocks have become popular as the technology sector, which was last year’s standout performer, lags behind dividend-heavy sectors such as utilities and energy in 2025. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news.  Global dividend-focused exchange-traded funds attracted $23.7 billion in inflows in the first half of 2025, the most…

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Insurtech in America: How U.S. Startups Are Transforming Insurance

As U.S. insurance companies face rising customer expectations, climate-related risk, and legacy overhead, a new wave of innovative startups—collectively known as insurtechs—is reshaping the industry. Utilizing technologies like AI, telematics, blockchain, and real-time data, these companies are redefining underwriting, pricing, claims, and customer engagement. Here’s how insurtech in America is driving transformation. 1. AI-Driven Underwriting & Claims Automation Artificial intelligence (AI) is revolutionizing underwriting and claims: Automation is speeding processes while enhancing efficiency and accuracy across the insurance value chain. 2. Telematics & Usage-Based Insurance (UBI) Usage-based insurance, powered by telematics, is gaining traction: UBI promotes fair pricing, safer behaviors,…

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Corporate Innovation Labs: Inside the Biggest U.S. Tech Giants

Ever wondered how tech titans like Google, Microsoft, Amazon, Meta, and IBM stay ahead of rapid technological shifts? The answer lies in their corporate innovation labs—dedicated incubators for moonshot ideas, emerging tech, internal startups, and strategic partnerships. These “labs” are where blue-sky thinking meets structured execution. This article explores how these giants organize innovation, the standout successes, and how they balance ambition with operational realities. 1. What Are Corporate Innovation Labs? A corporate innovation lab is a specialized unit within a large organization, created to foster experimentation, rapid prototyping, and cross-functional collaboration on high-risk, high-reward projects. Labs are typically: These…

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Despite last-minute changes, US Senate bill deals big blow to renewable energy

WASHINGTON, July 1 (Reuters) – The U.S. Senate’s massive budget bill that passed on Tuesday will make it harder to develop wind and solar energy projects, despite the removal of some contentious provisions, industry advocates and lawmakers said. The Senate dropped a proposed excise tax on solar and wind energy projects that don’t meet strict standards after last-minute negotiations with key Republican senators seeking better terms for renewables. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter.  Iowa Senator Joni Ernst, fellow Iowa Senator Chuck Grassley and Alaska Senator Lisa Murkowski, whose votes were crucial to the bill’s…

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Coal India’s allocation of e-auction to the power sector increased 8.4 percent in April-August

The purpose of allocation of coal through e-auction is to make coal available to consumers who want a long-term assured supply of coal for a year. New Delhi, Coal India’s allocation of coal through e-auction to the power sector in April to August increased by 8.4 percent to 79.4 million tonnes. This information is given in the monthly statement given by the Ministry of Coal to the Cabinet. The public sector company had allocated 73.2 lakh tonnes of coal to the power sector through e-auction in the same period of last financial year. Coal India said that no coal was…

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