Page 15 - Bloomberg

China's AI advance creates 'death zone' for rival US model makers

A wave of advanced AI models from Alibaba, Moonshot, ByteDance, DeepSeek and Z.ai is rapidly closing the technology gap with US rivals while intensifying competition on price and performance

Asia's energy-starved nations go dark as Hormuz strait tensions drag on

The cost of gasoline in the Southeast Asian nation climbed more than 40% after US strikes on Iran in February disrupted energy supplies through the Strait of Hormuz

Apple's new CEO taps retired hardware executive for management team

CEO-designate John Ternus has rehired former hardware engineering vice president Laura Legros as he begins reshaping Apple's leadership ahead of taking charge next month

Tata Group's battery unit turns to own tech for making lithium cells

The closely held Agratas Energy Storage Solutions Pvt. is building a pilot production line of lithium iron phosphate, or LFP, cells at its upcoming battery factory in Sanand, Gujarat

RBI likely to keep rates unchanged as inflation risks stay in focus

The central bank's six-member Monetary Policy Committee, headed by Governor Sanjay Malhotra, is expected to leave the repurchase rate unchanged at 5.25%

Solar energy's boom in Europe is reaching places once deemed too dark

Across the Nordic region, for the first time, investors and utilities added more new solar capacity than wind in 2025, a lead expected to continue this year

Iran says Hormuz talks progress after Trump calls off planned strikes

Trump said Sunday that a deal to open the waterway may be close and that new unspecified talks with Iran would begin on Monday

Hackers target Coldcard Bitcoin wallets in ongoing crypto attack

Coldcard is a brand of hardware device that allows users to secure their Bitcoin in so-called cold wallets

Govt plans to invest $5 bn to strengthen railway connectivity along borders

The spending, set to unfold over the next 18 months, will help build new tracks, platforms and network strengthening across Punjab, West Bengal, Himachal Pradesh, Rajasthan, Assam and several states

Why China's rare earth dominance is weakening across global markets

China's export restrictions on rare earths are accelerating investment in new mines and processing capacity worldwide, potentially weakening Beijing's dominance over critical mineral supply chains

Traders bet RBI rate hold, cash boost to steepen India's yield curve

The trade reflects a global trend, with the US yield curve sharply steepening after the Federal Reserve held interest rates steady last week

India's IPO boom fades as weak market conditions force issuers to cut back

Companies have raised about $5.78 billion through public offerings so far in 2026, compared with $7.32 billion in the year-earlier period, according to data

360 One Wealth CEO Yatin Shah targets bigger share of India's ultra-rich

India's largest independent wealth manager holds almost 10% of the ultra-high-net-worth market, and is looking to increase that to 12% or 13%, Co-Founder Yatin Shah said

Sanchez isolated as Spain sparks fears of a migration crisis in Europe

Spain's PM Pedro Sánchez faces EU pressure over migration policy after thousands entered Ceuta, reigniting debate on borders, Schengen rules and immigration controls.

Crushed by Kospi rout, angry Koreans rip Lee, vow not to buy stocks again

Korean retail investors face steep losses after the Kospi's sharp July reversal, exposing risks from leveraged ETFs, AI-driven rallies and crowded trades.

OPEC+ approves small September quota hike to complete 2023 cut rollback

OPEC+ approved a 188,000 bpd output hike for September, completing its planned 2023 supply revival while keeping options open after Middle East tensions ease

Heat pushes Europe's major rivers toward historic lows, disrupting trade

As water levels in the Rhine and Danube fall toward record lows, that's starting to disrupt the transport of chemicals, oil products and other goods, while boosting freight costs

AI creates two-speed jobs market in UK as demand shifts to senior talent

Software developers, whose profession has been transformed by AI and suffered dramatic job losses since 2022, are back in demand with postings rising 14%

Europe's heatwaves strain nuclear, hydropower, driving electricity costs

The heat-related strains coincide with a surge in natural gas and coal prices after the collapse of the US-Iran ceasefire once again sharply curtailed traffic through the Strait of Hormuz

Kerala struggles to care for ageing population with fertility rate low

With more than one in five residents aged 60 or above and fertility well below replacement level, Kerala is confronting the challenges of an ageing population before the rest of India