Business
Tata Motors raises car and SUV prices by up to Rs 25,000 from September
Tata Motors Passenger Vehicles is raising prices across its passenger vehicle catalog starting September 1 due to rising input costs and inflation.
Origin Energy confirms bank details of 60 customers accessed in breach
Origin Energy has revealed that full bank details belonging to 60 customers were compromised during a July cyber attack, triggering executive pay cuts and ongoing probes.
Abbott Laboratories to pay $670 million to settle baby formula lawsuits
Abbott Laboratories has agreed to a $670 million settlement to resolve lawsuits claiming its specialized infant formulas caused a dangerous intestinal disease in preterm babies.
Walmart slump triggers 700‑point Dow drop as yields and oil rise
The Dow Jones Industrial Average suffered its sharpest fall in weeks, dropping 700.75 points as Walmart's weak comparable-store sales sparked a broad market sell-off.
Charter completes Cox takeover, moves customers to Spectrum
Charter has finalized its acquisition of Cox and Liberty Broadband, expanding its Spectrum footprint to 45 states and becoming the nation's largest broadband and video provider.
xAI's Grok chatbot spouts gibberish in user queries
Users reported that xAI's Grok chatbot began returning nonsensical strings of text instead of coherent answers, prompting an official response.
Meta prioritised growth over child safety, ex-Meta executive testifies
Former Meta engineering director Arturo Béjar testified at a federal trial that CEO Mark Zuckerberg fostered a corporate culture prioritizing growth over child safety.
US Treasury to double long-term bond buybacks as debt hits 40 trillion
The US Treasury is doubling its long-term bond buybacks as the national debt surpasses $40 trillion, seeking to signal market stability amid rising yields.
Bitcoin jumps past $70,000 as Trump urges Congress to pass Clarity Act
Bitcoin crossed the $70,000 threshold, reaching up to $72,000 following President Donald Trump's public push for the Clarity Act digital asset regulatory bill.
CK Hutchison Files $1.5 Billion Arbitration Against Panama Over Ports
CK Hutchison Holdings has initiated $1.5 billion in arbitration proceedings against Panama over two strategic ports. The legal dispute unfolds as Asian markets navigate sector volatility and US economic data.
Unitree CEO Wang Xingxing says humanoid robots approach ChatGPT moment
Unitree CEO Wang Xingxing predicts humanoid robotics is nearing a breakthrough, though software hurdles and physical limitations remain significant challenges.
.ai domains outpace .com in average price as market boom hits $160m Q2
For the first time, premium .ai domains have outpaced comparable .com names in average price, hitting $535,000 amid a $160 million Q2 transaction surge.
AI boom widens US income gap as rich reap stock gains
The artificial-intelligence equity surge has lifted major stock indexes, but the financial windfall is flowing almost exclusively to America's wealthiest households.
Evergrande founder Hui Ka Yan sentenced to life for large‑scale fraud
A Shenzhen court has sentenced former Evergrande tycoon Hui Ka Yan to life in prison for large-scale fraud, confirming the end of the property market saga.
Hui Ka Yan sentenced to life in prison for fraud by Shenzhen court
China Evergrande founder Hui Ka Yan has been sentenced to life in prison for large-scale fraud by a Shenzhen intermediate people's court.
YouTube offers creators millions to stay exclusive, counter Netflix push
YouTube is reportedly offering millions of dollars to top creators for video exclusivity, reacting to Netflix's strategy of signing high-profile YouTubers.
Chinese court sentences founder of property developer Evergrande to life in prison
The Shenzhen Intermediate People's Court sentenced Evergrande founder Hui Ka Yan to life in prison, confiscated his property, and issued billions in corporate fines following large-scale financial fraud.
SEC proposes crypto fundraising exemptions up to $75m a year
The U.S. SEC has proposed new exemptions allowing crypto projects to raise up to $5M as a startup and $75M annually under tiered compliance pathways.
L&T and Mitsubishi secure contract to build Dubai airport people mover
Larsen & Toubro and Mitsubishi Heavy Industries have won a major contract to construct the automated people mover system for Phase 1 of Dubai's Al Maktoum International Airport.
Gold Holds Near Two-Month High as Treasury Yields Fall
Gold prices hovered near a multi-week high, supported by falling U.S. Treasury yields, a weaker dollar, and new Treasury debt buyback policies.