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Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in IndiaNabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push fo...- Trump may hold off on new capacity tariffs as Xi meeting draws closer: ReportThe United States is expected to postpone announcing new tariffs targeting what it considers excess manufacturing capacity among trading pa...
- Manus eyes $4 billion value in first round since Meta breakupThe planned $500 million financing round is set to close soon and would make the agentic AI pioneer China’s most valuable startup in its fi...
- TikTok founder Zhang Yiming overtakes Gautam Adani as Asia’s richestByteDance founder Zhang Yiming now leads Asia's wealthiest individuals. His fortune has surpassed Gautam Adani's due to the booming artific...
- US crude shipping costs to China hit record as Middle East war disrupts oil flowsShipping costs for US crude oil to Asia have reached record highs. This surge is driven by Middle East energy flow disruptions and increase...
- OpenAI is working with Anthropic, Google on AI safety: Bloomberg NewsGlobal concerns about AI's existential risks have risen after the heads of America's leading AI labs came together in a show of unity over ...
- China urges more FX hedging to aid exportsChina's foreign exchange regulator is urging banks to implement currency hedging options for exporters. This strategy intends to protect bu...
- Beijing bans drone possession after June's deadly skyscraper crashBeijing will ban drone possession and storage starting November 15. Existing drone owners must remove devices from the city by November 14....
- SoftBank shares slide 13% after AI chiefs sound alarm on safetyThe company plans a ¥1 trillion ($6.5 billion) retail bond issue and a $10 billion loan linked to OpenAI shares as it finances deals such a...
- India, Asian peers pile up $7.4 billion spot-gas bill, turning wary of LNGAsian nations spent billions on spot LNG after supply disruptions. These higher costs pressure economies reliant on natural gas imports. Co...
- US companies get creative as tariff refunds start flowing inIn the wake of US Supreme Court's ruling against import tariffs, US businesses are reaping the rewards with refunds. They're channeling the...
- J&J orthopedics unit draws Apollo interest in potential $20 billion deal: ReportApollo Global Management is in discussions to acquire Johnson & Johnson's orthopedics division, which could be worth around twenty billion ...
- OpenAI is open to slowing AI development: Sam Altman tells staffAltman told employees in a company-wide meeting that the ChatGPT maker could pace development alongside other AI labs, but some may not ag...
- JPMorgan, Jane Street probes show India scrutinizing Wall StreetIndia’s market regulator Sebi is intensifying scrutiny of global financial firms, targeting entities linked to JPMorgan, Jane Street, Bank ...
- Global Market Today: Asian chip stocks rise, oil climbs towards $100Asian chip stocks experienced a remarkable uptick, fueled by lingering investor enthusiasm for artificial intelligence technologies. As Mid...
- Canada looks beyond the US as Ottawa targets Poland with nuclear technology, uranium and LNG in major trade push amid global energy uncertaintyCanada is exploring energy and infrastructure partnerships with Poland. Ottawa is pitching nuclear technology and uranium supplies to Warsa...
- Anthropic drops pursuit of AI startup Decart valued at $6 billionAnthropic has decided not to pursue an acquisition of artificial intelligence startup Decart AI, Bloomberg News reported on Monday, citing ...
- Jio Platforms gears up for IPO marketing next week, eyes November listingJio Platforms is set to embark on a significant investor outreach next week, gearing up for a potentially historic IPO slated for November....
- Anthropic finalising $15 billion pre-IPO credit facilityIn a strategic financial maneuver, Anthropic is set to extend its credit facility to an impressive fifteen billion dollars, with Morgan Sta...
- AI startup Crusoe valued at $30 billion after new fundingSeparately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg ...
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