Bloomberg

US wants stable trade with China instead of conflict, says Jamieson Greer

Greer claimed that the US trade deficit with China was down "about 25 per cent" since President Donald Trump came to office, a move in the "right direction" for a team seeking to balance flow of goods

Govt may seek bids for $7 bn IDBI Bank stake, advancing privatisation push

A government agency is expected to formally open the bidding process as soon as this month, in what could be the biggest state-backed disposal of a bank stake in decades

Apple taps Meta's chief legal officer as general counsel in latest shake-up

The latest reshuffle follows the departure last month of Chief Operating Officer Jeff Williams, long the No 2 to Chief Executive Officer Tim Cook

Japan rebuts China's 2nd letter to UN as spat over Taiwan keeps simmering

The letter follows on from China's second missive to the UN complaining about Japan after Takaichi said last month that a Chinese attack on Taiwan could mean a survival-threatening situation for Japan

India's 12-hour workday pushes the wrong kind of capitalism forward

It's a relief that the four new labour laws that New Delhi has brought in, after delaying them for five years for fear of political backlash, haven't gone that far

Salman Rushdie warns US book bans threaten free expression globally

Rushdie's novel The Satanic Verses was banned in India in 1988 by then-Prime Minister Rajiv Gandhi, prompting the author to publish an open letter in the New York Times in response

Bill Gates warns child deaths may rise after Trump-era funding cuts

More than 200,000 additional children under 5 are expected to die this year, according to modeling in the Gates Foundation's annual Goalkeepers report

Foreign banks chase India's rupee bond market amid weak offshore demand

To compete, lenders including Standard Chartered Plc and Barclays Plc, are looking to widen their onshore offerings to appeal to Indian corporates shifting their borrowing to rupees

Deadly floods across Asia cause $20 bn losses, show growing climate risks

Scientists have pointed to the aggravating impact of climate change on flooding, along with factors including deforestation, failures in flood defences and a lack of disaster resilience funds

Remote retreats, experiences emerge as growth driver for Indian hotels

As throngs of tourist groups crowd popular destinations like Goa, Jaipur and Shimla, travel operators are racing to invest in untouched corners of the country

Trump outlines plan to unwind Biden-era fuel efficiency standards

Trump said Biden's policies were "ridiculously burdensome" and "imposed expensive restrictions and gave all sorts of problems to automakers

Apple's top design executive Alan Dye poached by Meta in major coup

The move represents a seismic shift in Silicon Valley and shows that Meta is committed to becoming a name-brand maker of hardware devices

Shipping rates surge 467% on conflicts, sanctions, supply disruptions

Vessels are spending more time at sea transporting cargo, contributing to the spike, and several shipping executives expect tightness in the broader market to continue

ChatGPT has won the right to self-rule but it might go badly; here's why

Rishi Sunak's shift from "AI safety" champion to regulation sceptic reflects a wider retreat by governments betting on AI-led growth, even as real-world harms mount and self-policing looks shaky

The world's plastic glut is set to get much worse by 2040, shows study

Global plastic pollution will hit 280 million metric tonnes per year by 2040, or a dump truck's worth every second

Amazon's cloud unit rushes out its latest AI chip to take On Nvidia, Google

The accelerator, called Trainium3, was recently installed in a few data centers and will be available for customers beginning on Tuesday, Dave Brown, a vice president with Amazon Web Services, said

Xi courts Emmanuel Macron in diplomatic efforts to isolate Japan's Takaichi

A three-day visit that kicks off Wednesday comes as the democratically-ruled island claimed by Beijing is back in the spotlight

Altman declares 'code red', urges staff to speed up improvements to ChatGPT

Altman on Monday sent an internal memo calling for a "surge" to improve ChatGPT, said one of the people, who asked not to be identified discussing nonpublic information

Vladimir Putin's upcoming visit tests India's US-Russia balancing act

The Russian leader is eager to show that Moscow still has strong relationships that matter beyond the West - and large markets it can trade with

Adani Group plans to invest $15 bn to boost passenger capacity at airports

The expansion ties in with a projected increase in India's air traffic, with passenger numbers expected to more than double to 300 million annually by 2030