Business
ABC sues FCC over broadcast license challenge in First Amendment suit
Disney's ABC has filed a First Amendment lawsuit against the FCC, accusing the regulatory body of orchestrating a retaliatory campaign over its editorial decisions and broadcast content.
Tata Sons AGM adjourned as quorum falls short for first time in group’s history
Tata Sons halted its annual general meeting due to a lack of quorum, marking an unprecedented halt driven by a regulatory probe into the Sir Ratan Tata Trust.
US futures dip as yields surge to 19‑month high and oil climbs
US stock futures declined on Tuesday as Treasury yields reached a 19-month high and crude oil prices climbed amid escalating geopolitical tensions.
Meta faces trial as 29 US states sue over child addiction claims
Twenty-nine state attorneys general have joined a federal jury trial in Oakland accusing Meta Platforms of deliberately building addictive features into Facebook and Instagram that harm children.
US-Iran Tensions Push Oil Prices Higher as Diesel Margins Hit Records
Escalating geopolitical tensions between the United States and Iran have sent crude oil prices climbing, while U.S. diesel profit margins surpassed $100 per barrel.
Wessex Water imposes first hosepipe ban in 50 years after drought declaration
Wessex Water has introduced its first hosepipe ban in 50 years, placing temporary restrictions on millions of residents following a formal drought declaration.
Horizon Industrial Parks IPO opens with 2% subscription, GMP ~7% premium
The Blackstone-backed Horizon Industrial Parks IPO opened with a muted response and a modest grey market premium, aiming to raise Rs 2,600 crore.
S&P 500 Falls as Iran Risks Outweigh Renewed Optimism Over AI Stocks
Wall Street indexes slid as rising Middle East tensions and surging oil prices overshadowed optimism surrounding artificial intelligence and chip stocks.
US 30-year Treasury yields hit highest level since 2007 on bond selloff
US 30-year Treasury yields climbed to 5.29% amid mounting national debt concerns, heavy bond supplies, and surging corporate borrowing to fund the artificial intelligence boom.
China industrial output and retail sales slump amid growing economic slowdown
China's industrial output and retail sales growth slowed in July amid extreme weather and weak domestic demand, increasing pressure on policymakers for support.
Advanced economies' bond yields surge amid Middle East tensions
Long-term government borrowing costs across major advanced economies surged to levels unseen since the 2008 financial crisis, driven by geopolitical tensions and inflation fears.
Plus500 upgraded to buy by Cavendish as shares rise 1.2%
Cavendish upgraded Plus500 to a buy rating, arguing that a recent 25% share price slide leaves the fintech group undervalued despite strong US growth.
Ferrari’s first electric car sells for £30m
Despite facing heavy criticism and mockery upon its initial unveiling, Ferrari's first all-electric car, the Luce, shattered expectations at a charity auction in California.
Donald Trump Posts AI Images with George Washington Amid USS Lincoln Crisis
Donald Trump posted AI images featuring George Washington while military families spoke out against severe psychological distress and dangerous conditions aboard the USS Abraham Lincoln.
Amber to start making Oppo, OnePlus, Realme phones in March 2027 quarter
Amber Enterprises India is entering the mobile sector through a manufacturing partnership with Oppo Mobiles India to produce Oppo, OnePlus, and Realme devices.
Nvidia scales back funding guarantee
Nvidia has significantly reduced its proposed financial backing for a massive Ohio AI data centre project, cutting its initial guarantee to under $120 billion.
Harvard Discloses $2.2 Billion SpaceX Stake After Record IPO
Regulatory disclosures reveal that the Harvard Management Company holds millions of shares in SpaceX, making the aerospace firm its largest disclosed holding.
Anthropic details Claude watermark system using Google SynthID tech
Anthropic has released technical details about its new text watermarking system for Claude, utilizing a version of Google's SynthID technology to comply with EU rules.
Nvidia has US$21 billion SpaceX stake, US$30 billion in Intel shares
A regulatory filing reveals Nvidia holds a massive $63.4 billion stock portfolio, anchored by multibillion-dollar stakes in SpaceX and Intel.
National Lottery Lotto and Thunderball winning numbers for August 15
Find the winning numbers for the National Lottery Lotto and Thunderball draws, featuring an estimated £3.5m jackpot and the new two-round format.