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SHINJINI GANGULI
China to curb US investment in tech companies: ReportChina is set to block top tech firms, including AI startups, from taking US money without official clearance. Regulators have told companie...- Oracle, Silver Lake consortium to control 80% stake in TikTok in US, WSJ reportsTikTok's U.S. operations are poised to be controlled by a consortium including Oracle, Silver Lake, and Andreessen Horowitz, pending finali...
- RBI committee recommends AI framework for finance sectorA Reserve Bank of India panel suggests a plan for Artificial Intelligence in finance. The proposal includes building local AI models and a ...
- OpenAI, Anthropic sign deals with US govt for AI research and testingThe first-of-their-kind agreements come at a time when the companies are facing regulatory scrutiny over safe and ethical use of AI technol...
- BlackRock hits record $10.5 trillion in assets under management, profit jumpsGlobal equity markets rallied in the first quarter as expectations grew that the world's major central banks were done with monetary policy...
- Wall Street opens lower, focus on data and Fed minutesThe Dow Jones Industrial Average fell 85.81 points, or 0.23%, at the open to 37,629.23
- Mattel announces 'American Girl' live-action film adaptation following 'Barbie' successCollaborating with Paramount Pictures and Temple Hill Entertainment, the project aims to replicate the box-office success of 'Barbie', whic...
- A24 studio secures rights for biopic on Tesla boss Elon Musk's life, film-maker Darren Aronofsky to helm: ReportThe biopic is expected to offer a deep dive into Musk's multifaceted career and ventures.
- Manchester United slides 10% as Ratcliffe's stake bid report dents buyout hopesRatcliffe's bid puts the club's valuation close to $6.5 billion, excluding net debt of more than $600 million, the report said, topping a r...
- Warner Bros Discovery taps media veteran Thompson as CEO of CNNWith Thompson, 66, Warner Bros Discovery is turning to an executive with ample experience at the top level, unlike Licht - a former TV prod...
- Meme stock AMC jumps 21% as investors cheer stock conversion plan haltA Delaware court judge said on Friday declined to approve the proposed settlement by AMC in a case that has alleged the company planned to ...
- Gold heads for quarterly fall with more rate hikes on horizonPrices have shed 2.7% this quarter, dropping from levels just shy of all-time highs at $2,072 in May on U.S. banking jitters to below $1,90...
- Dow, S&P gain with bank rally countering rate worriesBank shares rallied after passing the Federal Reserve's stress test, boosting the Dow and the S&P 500. Strong economic data also fueled exp...
- Demand props up Indian rice rates, Vietnam prices to remain higherTop exporter India's 5% broken parboiled variety was quoted at $383 to $389 per tonne this week, up from the last week's $380 to $385.
- Blackstone defaults on 297 million euro Nordic property-backed CMBSThe asset management giant and prolific real estate investor sought an extension from the bondholders to repay the debt, but they voted aga...
- Rupee rises on likely dollar inflows, gains in Asian peersA tussle between buyers and sellers is likely to continue with inflows pertaining to Adani FPO on one side and the Reserve Bank of India's ...
- Boston Scientific to buy Apollo Endosurgery for $417 millionThe offer of $10 per share in cash for Apollo Endosurgery represents a premium of nearly 67% to the stock's last close. Its shares were up ...
- Amazon to hire 150,000 workers ahead of holiday seasonThe world's largest online retailer, which hired the same number of workers last year September, said the new roles are for packing, pickin...
- Twitter aims to make live audio feature 'Spaces' available globally by AprilTwitter's Spaces competes with Clubhouse, which is an invite-only audio-based social network startup that shot to fame after appearances fr...
- Walmart expects $2 bln non-cash loss from stake sale in Japan's SeiyuThe retailer also said it does not expect a significant impact to earnings per share following the close of the sale to investment firm KKR...
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