Bloomberg

Bloomberg

Domestic refiners shun costly Russian oil as West Asia flows recover

Surging prices for Russia's flagship Urals crude loaded in the Baltic, a mainstay for Indian refiners, are driving the pullback

Updated On: 08 Oct 2026 | 2:25 PM IST

Reliance could be a cheaper way to own Jio after telecom unit's listing

Reliance shares imply a 36 per cent discount to the value of its roughly two-thirds stake in Jio Platforms, though analysts see about 25 per cent as a more sustainable gap after the telecom unit lists

Updated On: 08 Oct 2026 | 10:44 AM IST

Hedgehog, Puffin to replace Churchill, historical figures on UK banknotes

The Bank of England selected four native species for future banknotes after a public consultation, despite criticism from right-wing politicians who called the move "woke"

Updated On: 08 Oct 2026 | 10:20 AM IST

TikTok accused by New York AG of secretly testing safety features on teens

New York Attorney General Letitia James added allegations to a child safety lawsuit, claiming TikTok withheld a safety feature from 10% of US users in a 2021 test involving about 15 million people

Updated On: 08 Oct 2026 | 10:17 AM IST

AI eats into entry-level tech jobs as India's graduates seek work

Banks and other global capability centres are automating routine tasks once handled by fresh graduates, intensifying competition for entry-level jobs in India's tech sector

Updated On: 08 Oct 2026 | 9:59 AM IST

US to invest over $100 million on STEM programmes amid AI race with China

The initiative will fund fellowships for US citizens pursuing PhDs in science and engineering, while the NSF's Young Scholars programme will return with $30 million in government funding

Updated On: 08 Oct 2026 | 8:56 AM IST

Jaguar unveils $172,000 electric car as British brand begins major reboot

Orders for Type 01 will open in early 2027, more than two yrs after Jaguar stopped selling new cars in the UK as part of a decision to overhaul the marque with new branding and limit it to luxury EVs

Updated On: 07 Oct 2026 | 11:01 PM IST

World faces risk cocktail from AI, oil and debt: IMF's Kristalina Georgieva

The rush to develop artificial intelligence is delivering a growth spurt that's so far confined to a handful of countries, Managing Director Kristalina Georgieva said

Updated On: 07 Oct 2026 | 10:50 PM IST

Sebi shares trade data with Jane Street, seeks response to allegations

The Securities and Exchange Board of India has provided time, quantity and pricing details of actual trades

Updated On: 07 Oct 2026 | 3:19 PM IST

Reliance drives India's Venezuela oil imports to seven-year high in Oct

Venezuelan crude deliveries to India are expected to more than double to about 465,000 barrels a day this month, from 196,000 in September, according to Kpler estimate

Updated On: 07 Oct 2026 | 2:12 PM IST

AI a 'classic bubble' that is nearing bursting point, warns Ray Dalio

His comments come as technology giants spend hundreds of billions of dollars on AI, increasingly financed with debt, and as market gains concentrate in a handful of stocks

Updated On: 07 Oct 2026 | 10:25 AM IST

SpaceX in talks with investors to borrow $40 billion to buy Nvidia chips

SpaceX is in early talks with banks and investors to raise $40 billion to fund purchases of Nvidia chips, potentially marking one of the largest AI-related debt financings

Updated On: 07 Oct 2026 | 9:15 AM IST

Apple partners with LG on doorbells, lock, thermostat in smart home push

The products will be part of an ecosystem of devices that work with Apple's new smart home hub, as well as an upgraded HomePod mini and fresh TV set-top box

Updated On: 07 Oct 2026 | 9:11 AM IST

FlyDubai co-pilot accused of murder-suicide mission trained to fly in UK

Hamam al-Hammami, 29, trained with L3 Airline Academy, a company that's now part of Acron Aviation, between 2018 and 2019 and received lessons at one or more centers in England

Updated On: 07 Oct 2026 | 9:06 AM IST

Taiwan dethrones South Korea atop world markets as AI trade widens

The Taiex Index beat the Kospi by about 23 percentage points last quarter, the widest margin since the turn of the century

Updated On: 07 Oct 2026 | 8:27 AM IST

OpenAI in talks with UAE funds, BlackRock for $30 billion funding round

UAE investment funds have discussed investing as much as $10 billion altogether, while OpenAI is seeking capital at a valuation of about $1.4 trillion

Updated On: 06 Oct 2026 | 10:21 PM IST

Moonshot eyes early 2027 Hong Kong IPO after valuation hits $50 billion

Moonshot AI is targeting a Hong Kong IPO in Q1 2027 after closing a private funding round at a $50 billion valuation

Updated On: 06 Oct 2026 | 6:03 PM IST

Domestic banks tighten grip on equity deals as fundraising surges

Kotak Mahindra Capital Co. reclaimed the top position after working on 45 deals through the end of September, capturing a 9.5% market share

Updated On: 06 Oct 2026 | 1:43 PM IST

Jio Platforms targets $114 bn valuation for IPO, listing likely by Oct 30

Jio has finished gauging demand for the offering and is likely to begin meetings with potential investors this week to discuss valuation and pricing

Updated On: 06 Oct 2026 | 1:34 PM IST

Citigroup takes top spot in global IPO underwriting through September

Citi was just ahead of Goldman Sachs Group Inc. in the league tables, according to data compiled by Bloomberg

Updated On: 06 Oct 2026 | 11:36 AM IST