Bloomberg

Bloomberg

India missed out on AI and now its run as 'market darling' may be over

In a stark shift, the country's stock market is on the verge of dropping out of the world's five biggest for the first time in three years

Updated On: 17 May 2026 | 6:38 AM IST

China, US agree to reduce levies on unspecified products to boost trade

The ministry issued the statement on Saturday following a two-day summit in Beijing between US President Donald Trump and Chinese leader Xi Jinping

Updated On: 16 May 2026 | 6:56 PM IST

Rare Ebola virus strain with no approved vaccine kills dozens in Congo

About 246 suspected cases and 65 deaths have been reported mainly in Mongbwalu and Rwampara health zones in Ituri province, near the Ugandan border, in Democratic Republic of Congo

Updated On: 16 May 2026 | 10:54 AM IST

Berkshire amasses $2.6 bn stake in Delta Airlines under new CEO Greg Abel

The Omaha, Nebraska-based company said it had purchased 39.8 million shares in the airline as of the end of March, according to a regulatory filing

Updated On: 16 May 2026 | 8:41 AM IST

Starbucks to open first corporate office in India for tech operations

Starbucks is looking to bring some roles that were being done by third-party contractors back in-house, according to the message from Chief Technology Officer Anand Varadarajan

Updated On: 16 May 2026 | 8:24 AM IST

US starting to witness heavy job losses in occupations exposed to AI

A group of 18 occupations flagged by the Bureau of Labor Statistics as exposed to AI, accounting for about 10 million jobs, saw a 0.2% drop in employment between May 2024 and May 2025

Updated On: 16 May 2026 | 8:22 AM IST

Trump, Xi push for reopening Hormuz, but Iran tensions remain unresolved

On his way back from China, Trump also told reporters he spoke with Xi about potentially lifting sanctions on Chinese oil companies that buy Iranian crude

Updated On: 16 May 2026 | 8:18 AM IST

Trump's financial filings show 3,700 stock trades in three months

In the first quarter, the president bought at least $1 million each in companies including Nvidia Corp., Oracle Corp., Microsoft Corp., Boeing Co. and Costco Wholesale Corp., according to documents

Updated On: 16 May 2026 | 8:02 AM IST

AI-hacking threat pushes $130 billion crypto sector to the brink

Decentralised finance witnessed record exploits in April with two attacks netting the hackers almost $600 million

Updated On: 15 May 2026 | 11:59 PM IST

Winners and Losers: From Donald Trump and Xi Jinping's Beijing summit talks

The two presidents put on a display of warmth and respect during their two-day summit in Beijing

Updated On: 15 May 2026 | 11:14 PM IST

Samsung executives meet union leaders as strike threat rattles investors

The union has threatened an 18-day walkout beginning May 21 if its demands are not met

Updated On: 15 May 2026 | 11:09 PM IST

Adani Group revives plans to raise $1 billion via US-listed dollar bond

The fundraising may take place over the next three to four quarters, or by early next year, the people said. If carried out, it would mark the first US-listed debt issuance by an Adani Group firm

Updated On: 15 May 2026 | 8:05 PM IST

UAE to double oil export capacity bypassing Strait of Hormuz by 2027

Abu Dhabi National Oil Co. is building a pipeline that runs to the port of Fujairah on the Gulf of Oman, according to a statement from the emirate's media office

Updated On: 15 May 2026 | 1:46 PM IST

Xi Jinping hails 'landmark' summit with Trump, says many outcomes achieved

The two countries reached an 'important consensus' on maintaining stable economic and trade relations while expanding cooperation in various fields

Updated On: 15 May 2026 | 1:01 PM IST

RBI raises trading targets for dealers to improve bond market liquidity

The move underscores the RBI's push to deepen liquidity in sovereign debt, a priority that Governor Sanjay Malhotra highlighted this month

Updated On: 15 May 2026 | 11:05 AM IST

Shapoorji Pallonji in talks with Cerberus, Farallon for $1.5 billion bond

The infrastructure-focused conglomerate, backed by billionaire Shapoor Mistry, is proposing to offer 18.75 per cent yield on the zero-coupon bonds of its unit Goswami Infratech Pvt

Updated On: 15 May 2026 | 11:02 AM IST

Gautam Adani, nephew near end of US legal battle with $18 mn SEC settlement

Adani and his nephew Sagar agreed to pay a total of $18 million to settle Securities and Exchange Commission allegations that they made false and misleading representations about Adani Green Energy

Updated On: 15 May 2026 | 9:31 AM IST

Recovering Iran's uranium mostly for 'public relations', says Trump

The status of the nuclear material has been a sticking point in ongoing talks with Iran's leadership to draw a conclusion to the war

Updated On: 15 May 2026 | 9:10 AM IST

Elon Musk's xAI unveils first coding agent in bid to rival Anthropic

The artificial intelligence model, which is in early testing and only available for paying subscribers, is the startup's initial push into professional coding

Updated On: 15 May 2026 | 8:45 AM IST

Trump filings show major trades in Nvidia, Boeing, Microsoft worth $10 mn

The transactions, spelled out in documents filed with the US Office of Government Ethics that encompass more than 100 pages, list purchases and sales in broad ranges

Updated On: 15 May 2026 | 8:43 AM IST