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    China's rare earth export value surges 46.4% to $584.3 million despite decline in volumes

    China's exports of rare earth ores and metals increased significantly in value during the January to October 2026 period. Despite the value increase, export volumes saw a decline of 8.7 percent in the same timeframe. China's export value for refined petroleum products also rose sharply, while quantities fell slightly during these months. In contrast, the export of fertilizers experienced a notable decline both in value and volume.

    UK-based Tide to invest 250 million pounds in India in next four years

    Tide, a UK-based financial platform, will invest 250 million pounds in India by 2030 to enhance operations. The investment focuses on technology centers supporting global business, particularly in the UK and Europe. Tide's significant presence in India includes approximately 800 employees, although it will exit the member-facing business, affecting around 400 employees. The decision follows a strategic review indicating profitability challenges in the Indian market.

    Bigger cheques, fewer winners in India’s AI boom

    Indian AI startups raised $1.6 billion in funding during the first nine months of 2026. While AI infrastructure attracted significant investments, application startups faced declining funding and challenges in securing customers. Large transactions constituted most of the total funding, highlighting a disparity in investment distribution.

    Rippling steps up AI hiring in India, looks to expand enterprise push

    The firm is hiring principal engineers, senior staff engineers and senior directors among others as the lab focuses on developing core components of Rippling’s global AI platform, Parandekar told ET in an exclusive interaction.

    Two former SpaceX engineers built a 25-pound machine that turns seawater into drinking water at the push of a button; here's how it works

    It was co-founded by Jonathan Criss and Andrew Harner. Both are former SpaceX engineers. Criss is the company's CEO, and Harner is the COO. They gained engineering experience at SpaceX, and then applied aerospace-level precision and efficiency to the systems. It was reportedly designed for people who are outdoor enthusiasts, boat owners and living in remote locations.

    Honda to invest $3 billion in Ohio plant to make hybrid vehicles, create 2,000 jobs

    Honda Motor will invest $3 billion to build a new hybrid vehicle plant in Ohio, creating 2,000 jobs and adding annual production capacity of 240,000 vehicles from 2029. The Japanese automaker also announced fresh investments in Canada, Ohio, Georgia and Alabama as it expands hybrid production and adjusts its electric vehicle strategy amid US tariffs.

    The Economic Times
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