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News
Asian AI stocks slide as top lab CEOs call for slower development of tech
13+ hour, 36+ min ago (73+ words) In Taipei, Taiwan Semiconductor Manufacturing Company slipped 1.2 per cent, while in South Korea SK Hynix slid 5.3 per cent and Samsung Electronics fell 3.7 per cent | Image: Bloomberg BRICS Summit 2026: Who’s coming, what’s on the agenda and why it matters US suspends…...
Softbank Group gets upsized $11.9 billion loan in OpenAI funding push
14+ hour, 36+ min ago (245+ words) The Japanese conglomerate sealed the two-year facility last week, attracting commitments from around 20 banks By Janice Huang SoftBank Group Corp secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI, people familiar with the matter said,…...
Copper edges lower as US inflation data raises bets on Fed rate hike | Markets News
14+ hour, 58+ min ago (265+ words) The premium paid for spot copper over 3-month futures stood at $4.50 a ton on Monday, having narrowed sharply in previous weeks, a sign of supply tightness easing | Image: Bloomberg By Eddie Spence Copper edged lower as hotter-than-expected US inflation saw…...
Anthropic picks Nasdaq for much-anticipated IPO, eyes listing in October
15+ hour, 11+ min ago (229+ words) Anthropic is on track to generate annualized revenue of over $65 billion based on its current performance, up more than sevenfold from its pace at the end of last year | Image: Bloomberg By Bailey Lipschultz Anthropic PBC has picked Nasdaq as…...
Amazon pauses operations with 21 Air after Miami cargo plane crash
15+ hour, 44+ min ago (279+ words) Business Standard Amazon??said on Sunday itwas pausing operations âwith Miami-based 21 Air, the cargo carrier that operated the Amazon-branded plane that crashed??in Miami, killing five people "After the tragic incident last weekend, we've spent time supporting the investigation…...
Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz
16+ hour, 16+ min ago (415+ words) Oil prices jumped more than 2 per cent on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline. Brent crude futures rose…...
Trump says US should have world's lowest interest rates ahead of Fed meet
15+ hour, 53+ min ago (313+ words) Trump said the US should have the lowest interest rates in the world, days before the Federal Reserve's policy meeting amid persistent inflation No country should have lower interest rates than the US, President Donald Trump said on Sunday, days…...
PwC US, PwC India form JV to combine advisory talent, capabilities
17+ hour, 53+ min ago (277+ words) business-standard.com PwC US and PwC India have announced a joint venture that will bring together their advisory capabilities in India and the US on a single platform to serve clients across markets The joint venture will combine PwC Indiaâ…...
China's Z.AI raises $5 billion through share, convertible bond sales
18+ hour, 18+ min ago (260+ words) business-standard.com Beijing-based artificial intelligence company Z.AI Co Ltd raised a total of $5 billion from a Hong Kong share placement of about $2 billion and a concurrent convertible bond sale of about $3 billion, the company said in a Hong Kong stock…...
Street signs: Big-ticket IPOs to hit Street next week; NSE issue in focus
1+ day, 14+ hour ago (123+ words) Business Standard Street signs: Big-ticket IPOs to hit Street next week; NSE issue in focus NSE IPO takes centre stage as primary market activity heats up Register to continue reading premium journalism and analysis from Business Standard. One subscription. Two…...