Bloomberg

Bloomberg

Chinese cars account for over 10% of new vehicle sales in Europe in May

Hybrid and plug-in hybrids like the MG S9 sport utility vehicle helped Chinese automakers take 11% of European sales in May, according to analysts

Updated On: 26 Jun 2026 | 1:01 PM IST

RBI proposes wider access to money markets in draft rules for NBFCs, firms

Under the draft proposals, companies will also be allowed to participate in the term money market as lenders but smaller non-bank finance firms will be excluded

Updated On: 26 Jun 2026 | 11:15 AM IST

Why air-conditioning is one of the best solutions for dealing with summers

Most of northwest Europe is critically unprepared for a world in which heatwaves are the norm, not an exception

Updated On: 26 Jun 2026 | 10:21 AM IST

US Army to build critical minerals processing plants on military bases

REalloys Inc., Titan Mining Corp., ioneer Ltd. and Energy X have reached agreements with the Pentagon to build facilities for processing rare earth minerals, graphite, lithium and boron

Updated On: 26 Jun 2026 | 9:11 AM IST

Venezuela earthquake death toll rises to 188 as rescue efforts expand

The natural disaster has killed at least 188 people and injured more than 1,500 others in a country where emergency response capacity is limited after years of political and economic turmoil

Updated On: 26 Jun 2026 | 8:39 AM IST

Trump to make first trip on Qatar-gifted presidential jet on July 1

The inaugural trip aboard the Boeing Co. 747-8 will take the president to a dedication ceremony for the Theodore Roosevelt Presidential Library

Updated On: 26 Jun 2026 | 8:28 AM IST

Weak monsoon emerges as India's next economic problem after crude oil

The monsoon, which accounts for about 70% of India's annual rainfall, is vital for the $300 billion farm economy and has an outsized influence on food prices, rural demand and broader economic output

Updated On: 26 Jun 2026 | 8:09 AM IST

Apple raises MacBook and iPads prices to counter memory shortages

Apple raises Mac and iPad prices globally as soaring memory and storage costs driven by AI data-centre demand squeeze margins and disrupt supply

Updated On: 26 Jun 2026 | 12:12 AM IST

Alibaba Group slides to 16-month low amid Anthropic's AI accusations

Alibaba shares hit a 16-month low after Anthropic accused it of illicit AI model access, deepening concerns over China's AI ambitions and slowing growth

Updated On: 25 Jun 2026 | 11:50 PM IST

US inflation hits three-year high as consumer spending rebounds

US consumer spending rose in May despite the highest inflation in over three years, reinforcing expectations that the Federal Reserve may raise interest rates

Updated On: 25 Jun 2026 | 7:27 PM IST

Hormuz reopening quickly floods oil markets with supply, weighing on prices

An increase in crude shipments from the Persian Gulf, combined with weak Chinese demand and inventory releases, is putting downward pressure on oil prices worldwide

Updated On: 25 Jun 2026 | 1:37 PM IST

India set to approve Geely-backed investment of $370 mn as China ties thaw

The proposed investment by Horse Powertrain, backed by Geely and Renault, would support local production of advanced hybrid engines and powertrains

Updated On: 25 Jun 2026 | 12:53 PM IST

Google poised to lose two more senior AI researchers to Anthropic

The planned exits of two researchers linked to Gemini add to a string of recent departures that have raised concerns over Google's ability to retain top AI talent

Updated On: 25 Jun 2026 | 9:52 AM IST

US would reject Iran deal with shipping tolls on Hormuz: Trump warns Tehran

Iran sought to claim control of the strait after US and Israel launched strikes, denying passage to ships that hadn't been pre-authorised and effectively shutting down the waterway

Updated On: 25 Jun 2026 | 9:43 AM IST

Thailand, Philippines and Argentina primed as supply chain 'rising stars'

A new analysis says several Southeast Asian and Latin American economies are well positioned to attract investment as companies seek more resilient supply chains

Updated On: 25 Jun 2026 | 9:30 AM IST

IT weighting in Nifty drops to record low amid prolonged sector selloff

Indian IT firms hit their lowest Nifty 50 weight in over two decades as AI disruption fears and a sector-wide selloff erode market influence

Updated On: 25 Jun 2026 | 9:20 AM IST

El Niño set to further disrupt India's $300 bn agricultural supply chain

A prolonged delay in monsoon rainfall is disrupting kharif crop planting and raising concerns over agricultural output amid the emergence of El Niño conditions

Updated On: 25 Jun 2026 | 9:08 AM IST

Anthropic accuses Alibaba of 'illicitly' accessing Claude AI model

The AI startup told US officials that operators linked to Alibaba's Qwen lab used nearly 25,000 fraudulent accounts to access Claude's advanced capabilities

Updated On: 25 Jun 2026 | 8:44 AM IST

OpenAI, Broadcom unveil custom AI chip; Qualcomm to buy Modular for $3.9 bn

OpenAI unveiled its first custom AI chip with Broadcom, while Qualcomm agreed to buy Modular to strengthen its AI software and data-centre ambitions

Updated On: 24 Jun 2026 | 11:09 PM IST

TikTok developer ByteDance seeks $20 billion in its largest offshore loan

ByteDance is in talks to raise a $20 billion offshore loan, potentially its largest ever, as it ramps up investments in AI and infrastructure

Updated On: 24 Jun 2026 | 10:24 PM IST