Page 11 - Bloomberg

Airtel Money to debut on London Stock Exchange; biggest listing in 5 yrs

Existing shareholders including the Qatar Investment Authority and TPG Inc. sold 270 million shares at £1.96 apiece in the IPO, raising roughly £529 million ($700 million) in the process, according to

Irdai may roll out insurance distribution reforms in Jan 2027 amid backlash

The effective dates under consideration are Jan. 1 and April 1, Girija Subramanian, an executive at the Insurance Regulatory and Development Authority of India, said

Harvard, MIT face visa probes amid Trump admin's crackdown on global talent

The sweeping fraud probe is focused on J-1 visas, which at universities are often held by international PhD candidates and visiting scholars

IT sector braces for fourth year of weak growth amid geopolitical, AI risks

Growth is expected to be muted as customers remain cautious on discretionary technology projects, though recent results from Accenture Plc offered some encouragement

Apple set to launch touch-screen MacBook, new iPad mini in late October

The end-of-month announcements will also include versions of the 14-inch MacBook Pro and iMac with M6 chips

Urea offers in India tender fall nearly 10%, offering relief to farmers

Urea import prices fall nearly 10% from August, offering relief to Indian farmers and potentially easing the government's fertiliser subsidy burden

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

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

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"

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

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

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

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

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

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

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

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

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

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

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