Z.AI raised about $2 billion through a Hong Kong share placement and $3 billion from convertible bonds, with 60 per cent of net proceeds earmarked for AI research and development
Saudi Arabia has enough oil stocks at key ports to sustain exports for only a few days, raising the risk of a major supply loss if its East-West Pipeline does not restart soon
US President Donald Trump said Washington could remain engaged in Iran and keep its oil, drawing a parallel with the US deal in Venezuela, while predicting the war would end this year
German firms invested €5.6 billion ($6.50 billion) more in China than in the same period of the previous year, based on IW's analysis of Bundesbank data
The unveiling event could include a demonstration of a limited-edition version equipped with cold-gas thrusters developed in collaboration with SpaceX
The 1,200-km pipeline, which carries up to 5 million barrels per day, helps Riyadh bypass the Strait of Hormuz, where tanker traffic has slowed sharply amid the US-Iran war
The US Commerce Department imposed anti-dumping and countervailing duties on solar imports from India, Indonesia and Laos, citing cheap exports and government subsidies
"It wasn't as hot as yesterday's PPI, but today's CPI left the Fed with less room to maneuver as it tries to maintain its inflation-fighting credentials," said Morgan Stanley Wealth Management exec
Iran confirmed that its representatives and those of Iraq and the Gulf Arab states would meet in Oman on Monday to resume discussions on safe commercial shipping routes in the Strait of Hormuz
Gulf foreign ministers are set to meet Iran in Oman as regional powers seek a temporary arrangement to manage shipping through the strategically vital Strait of Hormuz
The offer-for-sale, which does not include any fresh capital being raised, will value NSE at close to $46 billion, which would make it the country's third-largest IPO
Brent crude futures rose 81 cents, or 0.8%, to $108.44 a barrel by 0345 GMT while US West Texas Intermediate crude rose 69 cents, or 0.7%, to $103.17 a barrel
The comments come as India's $315 billion software services industry grapples with adoption of AI, which is reshaping hiring, software development and contracts
In a setback to the industry, the FSSAI said it could introduce tougher red warning labels on food that exceeds government-set limits on added sugar, salt or saturated fat in one go