Bloomberg

The new share placement comes as the Chinese company ratchets up quarterly capital spending to almost $10 billion, aiming to safeguard its position in a fiercely competitive global AI arena

Fed Chair Kevin Warsh is under pressure to offer clearer guidance on interest rates and inflation at Jackson Hole, as investors assess sticky price pressures and the outlook for monetary policy

Loui Ridi travelled from Ohio to Qusra to protect his family home, where residents say Israeli settlers have cut off water, electricity and access amid escalating West Bank violence

The company, officially known as China Petroleum & Chemical Corp., earned 23.8 billion yuan in the first half of last year

Russia and Ukraine have stepped up attacks on each other's commercial ships and ports in the Black Sea area, raising fears about the impact on grain supplies to world markets

Chinese household consumption is stabilizing and even starting to rebound in some categories like high-end cosmetics, improving sentiment on China in the luxury sector

Equity-linked securities dangling annualized coupons of 40% to 50% have attracted renewed interest from mom-and-pop traders

The transactions totaled between $78.1 million and $263.1 million in the filing published by the US Office of Government Ethics, which shows a range for each transaction rather than exact numbers

The fact that investment-grade rated projects are tapping junk debt investors to get at least some bond deals done underscores the feverish competition for capital

The price hikes will go into effect on systems shipped early next year and will impact systems including those with the flagship Vera Rubin and Grace Blackwell chips

Sales at the 25 biggest luxury labels in China dropped more than 10% in July, according to three research firms surveyed by Bloomberg that track industry data

The US tariffs kicked in Saturday on hundreds of items the US buys from Canada, such as plywood, liquor, electrical equipment and hockey gear, totaling around $20 billion

Anthropic, which buys chips from a variety of sources, including Nvidia Corp., Google and Amazon.com Inc., has indicated recently that it wants to build an in-house silicon business

Apple is also laying off employees in its Intelligent Systems Experience, a team within its software engineering organisation responsible for some of the AI features on its devices

The Tokyo-based company spent ¥7 billion ($44 million) on the expansion project after forecasting the market will grow rapidly going forward.

Projects that are not equipped with battery storage are unlikely to find buyers, with almost 42 gigawatts of planned capacity yet to sign offtake contracts, Renewables Secretary Santosh Kumar Sarangi

Gupta also sounded confident about India's external accounts, saying it will be 'much more conducive'

The lesson for New Delhi: Keep peer-to-peer and mom-and-pop transactions free, but let large commercial platforms pay, say, 0.5 per cent

The crackdown underscores the regulator's determination to ensure the success of the so-called Closing Auction System, one of the biggest reforms to India's stock market in recent years

Nancy Kissinger, who helped shape her husband Henry Kissinger's public life and moved among New York's political, social and cultural elite, died at her home in Connecticut at 92