Business
Dabur accuses FSSAI of favouring rivals in 100% label crackdown
Dabur India has approached the Delhi High Court to challenge an FSSAI ban on its '100%' purity claims, arguing the directive unfairly benefits competitors and threatens product lines worth over Rs 150 crore.
Molbio Diagnostics IPO sees 13% subscription, 16% grey market premium
Molbio Diagnostics Ltd. recorded a 13% subscription rate and a 16% grey market premium on the first day of its public offer, signaling modest investor appetite.
Contact Energy profit jumps 62% as it eyes 250MW Stratford data centre
Contact Energy posted a NZ$423 million net profit for the year and announced plans to pursue a 250MW data-centre project in Stratford.
Verizon outage resolved after customers report service issues Saturday
A widespread telecommunications disruption knocked out voice calling for thousands of mobile subscribers across the United States before engineers restored normal operations.
Sydney Airport faces safety probe after Jetstar and Qatar planes near-miss
Sydney Airport is facing intense safety scrutiny after a tarmac near-collision between a Jetstar Airbus and a towed Qatar Airways Boeing resulted in a crew injury.
National Lottery Lotto and Thunderball winning numbers for Saturday, August 8
Two lucky players won £4.2 million each by splitting the jackpot, while five other players each won £1 million in the latest Lotto draw.
U.S. Postal Service reports $2.5 billion quarterly loss
The U.S. Postal Service revealed a net loss of $2.5 billion for the fiscal third quarter, highlighting a severe liquidity crisis and potential service cuts.
Nick Pihakis files for Chapter 7 bankruptcy over $44 million in debt
Nick Pihakis filed Chapter 7 bankruptcy, listing more than $44 million in liabilities against about $10.6 million in assets, as reported by Yahoo Finance.
OpenAI pauses some work on Astra model over cyber concerns
OpenAI has temporarily halted internal work on its upcoming Astra model due to concerns that the unreleased system could independently execute cyber attacks.
Diageo warned by India over misleading whisky cask maturation claims
India's food safety authority has issued a formal warning to Diageo over whisky packaging claiming maturation in American oak casks.
The 24 hours that could change Canada’s economic trajectory
Canada hosts a Toronto summit led by Prime Minister Mark Carney and fund leaders to address national investment deficits and attract global capital.
S&P 500 hits record high as soft jobs report eases rate hike concerns
US stocks advanced to record highs as an unexpected decline in July nonfarm payrolls lowered expectations for Federal Reserve interest rate hikes.
Wall Street hits record highs as weak jobs data eases rate-hike fears
Wall Street major indexes advanced toward strong weekly gains after a surprise drop in US nonfarm payrolls cooled concerns over potential Fed rate hikes.
US unexpectedly lost 23,000 jobs in July as slump in growth continues
The United States labor market suffered an unexpected setback in July as nonfarm payrolls dropped by 23,000 and previous months saw severe downward revisions.
Bristol Airport closed live: Mass cancellations as runway shut for hours
Bristol Airport suspended all operations after an unexpected runway closure, leaving thousands of passengers stranded and forcing incoming flights to divert.
Crude oil prices plunge more than 9 percent as US pauses strikes on Iran
Crude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signaled restraint, boosting hopes of de-escalation.
New Mexico Court Orders Meta To Pay Nearly $1 Billion In Landmark Child Safety Case
A judge ordered Meta to pay $942 million and implement strict platform overhauls, including teen screen-time caps and nighttime notification blocks.
Meta ordered to pay $567m by New Mexico court over child mental health harms
A New Mexico court has ordered Meta to pay $567 million into an abatement fund and enforce strict feature caps on Instagram and Facebook to protect youth mental health.
US Employers Cut 23,000 Jobs as Unemployment Falls to 4.1
July jobs data showed a 23,000‑job decline and a 4.1% unemployment rate, while wage growth slowed to 3.2% and labour‑force participation fell to a 5‑½‑year low.
Global food prices at three-year high as heatwaves and wars push up crop costs
Global food prices have climbed to their highest level in three and a half years, driven by a combination of severe summer heatwaves and escalating conflicts.