Bloomberg News
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Tata Power Loses $490 Million Arbitration Challenge In Singapore
The origin of the case dates back to 2013, when Kleros approached Tata Power with a proposal to jointly bid for a Russian coal deposit it estimated to contain reserves worth $1.1 billion.
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Indian Refiners To Divert Sugar To Local Market To Ease Crunch
India, the world's second-biggest sugar producer, is facing a shortage of the sweetener as it heads into the peak consumption festival season.
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Key US Inflation Gauge Posts Muted Advance, Boosts Fed Hold Bets
The numbers add to a string of reports suggesting the US economy cooled in July after robust spending earlier in the summer.
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Options Turnover Sinks At India's Top Exchange Preparing For IPO
Volumes in cash equities trading — where the exchange holds more than 90% of the domestic market share - fell to the lowest since November.
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Bollywood-Backed Wedding Fashion Retailer Purple Style Labs To Sell Shares In IPO
The multibrand luxury fashion retailer backed by Bollywood stars Shah Rukh Khan and Salman Khan plans to sell as much as 6.8 billion rupees
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India Confident Rice Exports To Iran Will Weather US Sanctions
India remains confident rice exports to Iran will continue despite US sanctions and trade disruptions.
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Meta, States Discuss Settlement In Teen Social Media Addiction Case
Meta has denied the states' allegations and accused the attorneys general of seeking unreasonable design changes and an "outlandish payout."
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Record Short Bets Hit China's AI Model Duo On Fierce Competition
Short interest has climbed to account for 20% of the free float for MiniMax and 6% for Z.AI, or Zhipu, according to data from S&P Global.
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China Defies Trump Pressure, Vows To Protect Economic Ties With Iran
China has thrown Tehran an economic lifeline as its biggest buyer of oil, and Xi appears in no rush to help Trump end a conflict that's pulling US resources from Asia
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Ex-Googlers Are Planning AI-Human Hybrid To Prevent Rogue Models
It's a kind of riposte to what tech companies are currently doing in many cases: using artificial intelligence to oversee artificial intelligence.
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US Weighs More Trade Measures Against Canada After Retaliation
The Trump administration is considering further trade penalties against Canada following Ottawa's dollar-for-dollar retaliation to US tariffs imposed on Canadian goods.
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OpenAI Data Center Executive Chris Malone Departs The AI Startup
OpenAI executive Chris Malone, head of data centers, has left amid leadership changes as the company reorganises its infrastructure team to support growth.
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Ex-Meta Staffer Says 99% Of Teens Shunned Early Safety Tool
George Volichenko's testimony speaks to one of Meta's key defenses at a high-stakes trial in which a coalition of attorneys general have accused the tech giant of exploiting youths for profit by getting them hooked on social media.
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Gold Holds Five-Day Gain As Oil Drop Eases Inflation Concerns
Lower energy prices are also likely to benefit gold by reducing pressure on the Federal Reserve to hike interest rates.
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Zoom Gives Lukewarm Outlook Despite Expanded Product Line
Zoom's stock had climbed 17% this year over optimism for its newer products and the value of an Anthropic stake stemming from a 2023 partnership.
