Page 15 - Bloomberg

India may raise Saudi oil purchases after pulling away from Russian crude

A modest rise in Saudi imports leaves India facing a sizable shortfall as it cuts back on Russian crude

RBI's inflation model under fire as persistent overestimates draw scrutiny

The central bank's inflation miss in the first three months of the year was 0.7 percentage points - the biggest gap in almost six years, and well above economists' projections

US apologised over ICE raid on battery factory, says Hyundai CEO

The September incident, which saw federal agents detain 475 workers, mostly Korean, at a Hyundai-LG Energy Solution Ltd. facility, was a "bad surprise," Muñoz said

Musk returns to White House as tensions with Trump ease after earlier rift

Musk was invited as a guest for a gala dinner to honour Saudi Crown Prince Mohammed bin Salman, one of many business titans invited including Tim Cook

Trump signals he has identified his pick for next Federal Reserve chair

The president has publicly mused about the decision, praising candidates on the list, but has been coy about suggesting whether he's leaning toward any particular candidate

Trump seeks to revive suit accusing Hillary Clinton of Russia conspiracy

The suit alleged that Clinton violated the federal racketeering law by conspiring to taint Trump's 2016 campaign with false claims that he was "colluding with a hostile foreign sovereignty

US faces blackout risks this winter as data centres drive up power demand

Power consumption has grown 20 gigawatts from the previous winter, the North American Electric Reliability Corp. said Tuesday in its winter assessment

Volkswagen pares India EV development costs amid hunt for partner

The local unit of Europe's biggest automaker has cut costs to about $700 million from $1 billion for a platform it is developing to build EVs

Nasa planning to divest, demolish buildings at Maryland's Goddard Centre

One of Nasa's premier science Centres, Goddard operates the agency's Hubble Space Telescope and works on science missions including ones that explore the solar system

Trump urges US Congress to block state AI rules, warns it risks innovation

In a post on his Truth Social network Tuesday, the president urged lawmakers to act quickly, and floated the idea of including an AI measure as part of upcoming defense policy legislation

MBS 'knew nothing' of Khashoggi murder, says Trump amid talks on new deals

Trump also said the leaders expected to agree on the sale of some advanced artificial intelligence chips to Saudi Arabia, though negotiations are ongoing

Larry Summers to step back from public roles amid Epstein backlash

In one email, sent in October 2017, Summers told Epstein that Trump was the 'world s luckiest guy in terms of opposition, economy etc. still think his world will collapse'

Cloudflare outage hits major websites and services, including ChatGPT and X

Cloudflare was investigating an issue that "potentially impacts multiple customers," the San Francisco-based company said on its website.

UN Security Council backs Trump's Gaza peace plan with 13 votes in favour

US officials had nonetheless pushed for the Security Council's stamp of approval for the plan, arguing the support would help ensure diplomatic momentum

Apple designer Abidur Chowdhury, who introduced iPhone Air leaves company

Chowdhury spent over six years at Apple, joining in 2019 soon after design chief Jony Ive's exit, which marked the end of an era dating back to Steve Jobs' time

US creating priority visa system for FIFA World Cup ticket holders: Trump

Under the initiative, led by the US State Department, fans holding a ticket purchased through FIFA would get priority access to visa interviews

Trump threatens Latin America with military action but US strategy unclear

The comments - which hit the Mexican peso - echo remarks he's made in the past about potentially using force to seize Greenland and take back the Panama Canal

Trump praises McDonald's extra value meals in affordability pitch

Trump's pitch came nearly two weeks after Republicans suffered prominent defeats in off-year state and local elections where affordability concerns were front and center

Rich nations must hit net-zero emissions, pay up on climate: India at COP30

More than 115 countries have now lodged updated climate plans with the United Nations, required under the terms of the 2015 Paris Agreement

Peter Thiel's hedge fund sold off entire Nvidia stake in third quarter

Thiel's move comes at a time of rising concerns about an AI investment bubble, which turned Nvidia into the world's most valuable company