Page 16 - Bloomberg

Profits are rising across corporate India. Why isn't investment taking off?

Listed companies' net income is nearing 6 per cent of GDP, but a lack of corresponding investment in factories and other productive assets is limiting job creation and widening inequality

Fox to acquire streaming platform Roku in deal valued at about $22 billion

Fox Corp will acquire Roku in a $22 billion deal, combining streaming, digital advertising and television assets to create a major US media platform

Inflation worries keep markets wary even after US-Iran peace deal

A drop in oil prices may ease inflation and give central banks more flexibility, but key issues, including Iran's nuclear program, sanctions relief and future operations of Hormuz remain unsettled

Indian LNG tanker heads toward Hormuz as peace deal lifts reopening hopes

The LNG carrier, under a long-term charter with an Indian state-owned importer, is heading into the eastern arm of Hormuz, toward the Gulf of Oman, according to ship-tracking data

Allianz emerges as lead bidder for HSBC's Singapore insurance unit

Allianz and HSBC are finalising a deal for HSBC's Singapore insurance unit, with the business valued at up to $2 billion

Bangladesh central bank dissolves Islami Bank board, takes direct control

The action was taken in 'the interest of the bank, depositors, and the general public', the central bank said in a statement without providing specific reasons for the board's removal

Bitcoin jumps to two-week high as US-Iran Hormuz deal boosts risk appetite

Bitcoin climbed nearly 3% in early Asian trading to around $65,400 after the US and Iran signalled a de-escalation of hostilities, boosting risk appetite across global markets

Donald Trump to meet West Asia partners on sidelines of G7 in France

Iran, energy security and trade tensions dominate the G7 agenda as Trump meets Middle East partners and key allies in France

Ukraine forces target Russian fertiliser plant, fuel depot in strikes

Ukraine struck a chemical plant and fuel storage facilities deep inside Russia, escalating its campaign against infrastructure linked to Moscow's war effort

SpaceX surge further boosts this Saudi billionaire prince's fortune

Prince Alwaleed bin Talal's investment firm Kingdom Holding Co surged after SpaceX's share gains on its first day of trading drove the value of the Saudi firm's holding to almost $7 bn

Marco Rubio defends Hormuz blockade after India protests US strikes

Rubio said violations of the US-led blockade and the illicit transport of Iranian oil wouldn't be tolerated, according to the statement

South Korea's world-beating stock market eyes long-awaited MSCI moment

The Kospi has become the world's best-performing major equity benchmark this year, surging more than 90% as investors piled into artificial-intelligence winners

India prepares to send oil tankers via Hormuz for new supply as war eases

State-owned Shipping Corp. of India is ready to go back to the Persian Gulf once it has approval from the Indian Navy and it has business from oil refiners

Trump denies allegations of defrauding US court to create $1.8 billion fund

US District Judge Kathleen Williams in Miami is considering reopening the case to investigate whether the president and the Justice Department defrauded the court

As SpaceX makes Elon Musk trillionaire, some dissent on NYC's streets

The protest also echoed another critique that resonated with denizens of the capitalist set: the case against fast-tracking SpaceX into equity indexes

OpenAI under investigation by coalition of US state attorneys general

OpenAI also has been sued by individuals claiming a range of harms from the company's chatbot on children and adults alike, including accusations it has led to deaths by suicide

Trump, Modi look to repair frayed ties in shadow of West Asia crisis

A likely Modi-Trump meeting at the G7 will test efforts to repair India-US ties strained by trade disputes, Pakistan tensions and the Iran conflict

Air India plans to downsize as Tata group balks at losses of $3 billion

Air India is considering delaying aircraft deliveries and scaling back expansion plans after Tata Group directed the airline to focus on reducing mounting losses

Banks seek out wealthy Indian diaspora in $50 billion deposit drive

Indian banks are targeting overseas nationals with high-yield dollar deposits to attract over $50 billion and bolster forex reserves amid rupee pressure

Don't know if Claude AI used in strike at Iran school: Anthropic CEO

Dario Amodei said the use case in this instance didn't violate the company's policies, arguing military decision makers make terrible mistakes even at the best of times