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Musk: Our design is much simpler, cheaper, denser, and lighter than traditional racks.

2026-08-25

Musk: Our design is much simpler, cheaper, denser, and lighter than traditional racks.

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2026-08-25

Germany's IFO Business Climate Index for August was 88.8, below the expected 87.2 and the previous reading of 86.6.

Germany's IFO Business Climate Index for August was 88.8, below the expected 87.2 and the previous reading of 86.6.
2026-08-25

People familiar said HSBC Holdings has bought at least $3 billion of Indian government bonds since July, funding the purchases with large inflows raised under the Reserve Bank of India’s non-resident foreign currency deposit scheme (FCNR(B)). The ban

People familiar said HSBC Holdings has bought at least $3 billion of Indian government bonds since July, funding the purchases with large inflows raised under the Reserve Bank of India’s non-resident foreign currency deposit scheme (FCNR(B)). The bank has concentrated purchases in five-year paper and has attracted over $10 billion under the scheme, the largest intake among global peers. The RBI’s overseas dollar window, opened on June 5 to draw foreign currency and support the rupee, has helped compress domestic funding costs: since June 5 five-year government yields have fallen about 31bp versus roughly a 12bp decline in the 10-year.
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