Latest Business News, Live Updates Today August 14, 2024: China, the world’s top steel producer warns of ‘severe’ industry crisis

Latest Business News, Live Updates Today August 14, 2024: China, the world’s top steel producer warns of ‘severe’ industry crisis

Latest business News, Live Updates Today: Get real-time updates on the biggest news from the world of business, stock market and more.

Latest news on August 14, 2024: An employee works next to molten iron at a steel mill of Dongbei Special Steel in Dalian, Liaoning province, China. (Stringer/REUTERS)

Follow for stories on Bill Gates, Elon Musk, Mukesh Ambani, Gautam Adani as we bring you everything that is happening in the world of business. Track latest gold and silver prices as well here. Stay on top of all things business with us. Disclaimer: This is an AI-generated live blog and has not been edited by Hindustan Times staff.…Read More

Follow all the updates here:

Aug 14, 2024 9:19 PM IST

Business News LIVE Updates : China, the world’s top steel producer warns of ‘severe’ industry crisis

  • The property downturn and weaker factory activity in China ravaged domestic steel demand this year, prices plunged to multiyear lows and mills racked up losses


Read the full story here

Aug 14, 2024 9:07 PM IST

Business News LIVE Updates : Apple’s production and export growth is fastest of any company in India in last 50 years: Report

  • iPhones worth about 1.35 lakh crore were exported in 2023-24 to Europe, the US, West Asia and other places. The export value was 66,000 crore in 2022-23


Read the full story here

Aug 14, 2024 8:34 PM IST

Business News LIVE Updates : Domestic passenger vehicle wholesales dips 2.5% at 3,41,510 units in July: SIAM

  • Industry observers pointed out that after high-paced growth witnessed in the past couple of years, the industry is witnessing moderation in demand.


Read the full story here

Aug 14, 2024 8:26 PM IST

Business News LIVE Updates : Ola Electric Mobility losses widen to ₹347 crore in Q1 2024-25

  • The quarter witnessed the highest-ever deliveries of vehicles by Ola Electric at 1,25,198 units as against 70,575 units delivered in the same period last year


Read the full story here

Aug 14, 2024 7:32 PM IST

Business News LIVE Updates : Razorpay featured on ‘Forbes Cloud 100 2024,’ only Indian company on list

  • Razorpay, with nearly 3,300 employees, and having raised close to $742 million in funding, ranked 70th on the Forbes Cloud 100 list of companies.


Read the full story here

Aug 14, 2024 7:02 PM IST

Business News LIVE Updates : Top 10 features of the new Google Pixel 9 series: Gemini AI, Tensor G4, camera features, SOS

  • The Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, and the Pixel 9 Pro Fold, are powered by Google’s brand new Google Tensor G4 chip optimized to run Google’s AI models


Read the full story here

Aug 14, 2024 5:17 PM IST

Business News LIVE Updates : Swiggy launches Swiggy UPI, reduces number of payment steps from five to just one: How to set up and use

  • Swiggy claims that the new Swiggy UPI, powered by Juspay’s HyperUPI Plugin allows users to reduce transaction time from over 15 seconds to just five seconds


Read the full story here

Aug 14, 2024 3:40 PM IST

Business News LIVE Updates : CEOs and MDs at Nifty 50 companies earning over ₹50 crore, doubled in 2023-24 from 2018-19: Report

  • One in five CEOs and MDs earned more than 50 crore in the the last fiscal year, compared with one in 10, five years ago.


Read the full story here

Aug 14, 2024 2:33 PM IST

Business News LIVE Updates : Iconic Moss/Fangio Mercedes W196, Ferrari 250 LM, to be auctioned at Sotheby’s by Indianapolis Motor Speedway Museum

  • The Indianapolis Motor Speedway Museum is auctioning a 1954 Mercedes-Benz W196, a 1964 Ferrari 250 LM, and other iconic cars at RM Sotheby’s


Read the full story here

Aug 14, 2024 1:16 PM IST

Business News LIVE Updates : ED summons Dabur’s Mohit Burman in Religare money laundering probe: Report

  • The probe is related to the Burman family’s open offer to the shareholders of Religare Enterprises (REL), as per a report by The Economic Times.


Read the full story here

Aug 14, 2024 1:06 PM IST

Business News LIVE Updates : Supreme Court stays NCLAT order that set aside insolvency case against Byju’s

Aug 14, 2024 12:26 PM IST

Business News LIVE Updates : SpiceJet’s co-founder to sell more than 10% of his stake to raise ₹3,000 crore: Report

Aug 14, 2024 11:38 AM IST

Business News LIVE Updates : India’s July wholesale prices rise 2.04% on year

  • The wholesale price index rose 2.04% in July from a year earlier, compared with a 3.36% rise in June.


Read the full story here

Aug 14, 2024 11:36 AM IST

Business News LIVE Updates : In a Copilot+ PC era, HP’s flagship EliteBook Ultra bets on unique AI smarts

  • PC makers rarely go to an extent HP has with an AI layer that includes a chatbot, document summarisation and an antivirus. That said, you’re paying a stiff premium for this laptop


Read the full story here

Aug 14, 2024 11:17 AM IST

Business News LIVE Updates : US may ‘break’ Google as company could be forced to sell these businesses

  • Divesting Google, used on about 2.5 billion devices worldwide, is one of the remedies that’s been most frequently discussed by Justice Department attorneys.


Read the full story here

Aug 14, 2024 10:06 AM IST

Business News LIVE Updates : Do Olympics medal winners pay taxes on gifts and rewards they get?

  • Reports claimed that French medalists will receive 80,000 for gold, 40,000 for silver and 20,000 for bronze from their govt.


Read the full story here

Aug 14, 2024 9:35 AM IST

Business News LIVE Updates : Cognizant’s 2.5 lakh annual pay for freshers mocked: ‘Salary enough for chai…’

  • As IT companies attempt to grow their margins, they are offering lower salaries to entry-level employees.


Read the full story here

Aug 14, 2024 9:16 AM IST

Business News LIVE Updates : Intel sells stake in chip designer Arm Holdings

  • Intel would have raised about $146.7 million from the sale, based on the average price of Arm’s stock between April and June.


Read the full story here

Aug 14, 2024 7:17 AM IST

Business News LIVE Updates : Wish I could bring down taxes to nil, says Nirmala Sitharaman: ‘Not troubling people’

  • Finance minister Nirmala Sitharaman said that her job as the finance minister was generating revenue and not troubling people.


Read the full story here

Aug 14, 2024 7:10 AM IST

Business News LIVE Updates : Starbucks CEO Laxman Narasimhan replaced by Brian Niccol who revived Chipotle

  • Brian Niccol faces far deeper challenges at Starbucks, which has 38,000 stores worldwide compared to Chipotle’s largely US-based chain of 3,500 restaurants.


Read the full story here

Related Articles