Page 14 - Bloomberg

US and Israel hit Iran's nuclear facilities as Tehran attacks Gulf

Israeli Defense Minister Israel Katz also said the country's military would escalate its assault on the Islamic Republic in response to the targeting of civilians

Oil may hit $200 per barrel if Iran war lasts till June, warns Macquarie

A conflict that stretches through the second quarter would result in historically high real prices, analysts said

Govt imposes taxes on fuel exports as West Asia conflict jolts supply

The country raised LPG prices earlier this month and subsequent speculation around a likely increase in pump prices of diesel and gasoline has led to panic buying

Apple plans to open up Siri to rival AI assistants in iOS 27 update

The company is preparing to make the change as part of a Siri overhaul in its upcoming iOS 27 operating system update

Oscar Awards ceremony to move from Hollywood to downtown Los Angeles

The new 10-year agreement with the live sports and entertainment company AEG will involve significant enhancements to the nearly two-decade-old Peacock Theater

Elon Musk rips Twitter verdict, claims jury's $4.20 'joke' mocked him

The eight-person panel found Musk liable to Twitter investors for misleading them with two tweets he posted in May 2022 stating concerns about the prevalence of fake accounts on the platform

Apple gives iPhone designers rare bonuses to fight OpenAI poaching

The company granted out-of-cycle bonuses worth several hundred thousand dollars to many members of its iPhone Product Design team

Elon Musk's X loses case alleging advertiser boycott of its platform

The order is the latest rejection of attempts by organisations and politicians to force advertisers and social media platforms to loosen content restrictions

WTO chief calls for overhaul of global trade rules as world order shifts

Okonjo-Iweala said the body's problems over decision-making needed to be tackled. Its current consensus-based model has been regularly stalled by objections from some countries

Iran working on draft law to introduce tolls for passage via Hormuz

The narrow waterway has been all but closed since US and Israeli strikes on Iran began almost a month ago, and has become a focal point of the war

Indian Oil buys first Iranian LPG since 2018 as crunch worsens amid war

The refiner will share the shipment with its state-owned peers Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd

HDFC Bank crisis is exposing deeper cracks in India Inc's governance model

Many large Indian firms that once commanded premium valuations have had their records and reputations questioned over the past decade

Gulf airspace closures leave travellers stranded and bleeding cash

Some people booked on Gulf carriers have described hours on hold to reach customer service, repeated cancellations with little explanation and automatic refunds without rebooking options

Cairn Oil & Gas mulls hiring Americans to build India's shale sector

Cairn's aim is to hire 10 Americans to apply the US shale playbook in India, where the company hopes to shave drilling and completion times by one-third to accelerate the ramp up of output

US troop movements raise fears of a risky ground attack on Iran

Iran has publicly rejected Trump's diplomatic outreach and threatened massive retaliation if the US does put boots on the ground in a bid to break Tehran's will

Meta, Google risk Big Tobacco-like fallout after addiction trial verdict

Unless the verdict is overturned on appeal, the companies may need to change how their products work, a move that could jeopardise the valuable advertising businesses

Adani in talks with Meta, Google for partnerships in data centre business

Walmart Inc.'s Flipkart is also engaged in talks with the tycoon and the Adani Group is exploring sites across Indian states for the centres

OpenAI hires JioStar CEO Kiran Mani to lead Asia-Pacific operations

Mani will take up the position of managing director for the region in June, relocating to the ChatGPT maker's Singapore office and reporting to Chief Strategy Officer Jason Kwon

Indian refiners seek alternatives to US dollar for Russian oil payments

Transactions are being carried out by depositing Indian rupees into special overseas bank accounts held by Russian sellers which are then being converted into UAE's dirham or the Chinese yuan

Iran conflict shows limits of BRICS as India faces pressure to pick sides

New Delhi has strong economic ties with the UAE and other Gulf nations, where almost 10 million Indians work