Page 18 - Bloomberg

US court blocks Trump bid to enforce mail voting overhaul before midterms

A US appeals court refused to lift a lower court order blocking key parts of Donald Trump's executive order over mail voting in Democratic-led states

More than 250,000 people flee as wildfires spread across France, Spain

Authorities on Saturday ordered the immediate evacuation of some western suburbs of Bordeaux, a city in southwestern France famed for its wines

US oil refiners stretch capacity as outage risks threaten fuel markets

Refiners are postponing routine maintenance to maximise profits, but industry experts say sustained near-full capacity is neither safe nor operationally sustainable

Russian Dy PM says country will end diesel export ban when market recovers

The diesel ban will be lifted in due course to prevent refineries from facing a glut and having to cut processing volumes, Novak told

Flavio Bolsonaro nominated for Brazil presidency amid legal challenges

Bolsonaro's Liberal Party officially nominated the senator on Saturday at a national convention in Sao Paulo, with allies including Argentina's Javier Milei in attendance

DeepSeek puts fundraising on hold after founder's remarks go viral: Report

The Chinese AI pioneer verbally informed some of its would-be backers that they wouldn't be signing investment agreements in the coming days, as they had expected

US 'locked and loaded' for Iran strikes but no final decision yet: Trump

US President said Washington was ready for major military action against Iran but had not yet decided whether to proceed, even as the two sides continued talks amid escalating regional hostilities

Trump threatens fresh EU tariffs after $1 billion Google antitrust fine

Trump said Washington would launch a Section 301 trade investigation into EU after regulators imposed antitrust fine on Google, calling the penalties discriminatory against US technology firms

Trump's latest global tariffs face legal challenge from small businesses

Two lawsuits filed in US Court of International Trade argue that the govt unlawfully used Section 301 of the Trade Act of 1974 to impose fresh import duties after earlier tariffs were struck down

Lakshmi Mittal's Rajasthan Royals deal sparks shareholder feud in UK

Lakshmi Mittal's bid to acquire Rajasthan Royals has triggered a London lawsuit, with minority shareholders alleging they are being forced to sell shares for just £1

'Unjustified': Asian allies push back against Trump's forced-labor tariffs

Japan, Australia, New Zealand and Singapore criticised the US for imposing fresh tariffs of up to 12.5% on imports over alleged forced-labour concerns

Manipal Health aims to raise $960 mn in IPO, price band set at ₹560-590

Manipal Health will start taking investor orders on July 29 and plans to close bidding on July 31

US imposes tariffs of 10-12.5% on imports from 60 trading partners

Goods from some 10 trading partners deemed to have adopted forced-labor restrictions will be subject to 10% tariffs, including India, Mexico, the UK and Canada

Tesla's profit dips as spending for AI goals surged to $5.8 bn in Q2CY27

Tesla's profit fell as AI spending surged to $5.8 billion, leading to its first cash burn in two years despite stronger-than-expected revenue and EV sales

India restarts visa, passport services in Australia after 23-day halt

India has resumed passport, visa and other consular services across Australia through VFS Global, ending a 23-day suspension caused by a legal dispute

Airtel Africa chooses London for mobile-money business listing this year

Airtel Africa has chosen London as the primary listing venue for its mobile-money business, with the IPO expected this year, subject to market conditions and regulatory approvals

Pakistan's FDI falls to lowest since 2023 amid tax policy concerns

Pakistan's foreign direct investment fell 34 per cent year-on-year to its lowest level since 2023, as businesses cited unpredictable tax policies and several multinational firms exited the market

RBI sees resilient economy despite West Asia conflict, monsoon concerns

Reserve Bank of India said the economy remains resilient, supported by healthy demand and strong industrial and services activity, while warning that the Iran war and a deficient monsoon pose risks

Govt weighs easing rules to allow airport operators to own airlines

Government is considering relaxing ownership rules that could allow airport operators such as Adani Group and GMR Airports to own airlines, aiming to boost competition in the domestic aviation market

Samsung's $400K bonus sparks wave of labour demands across South Korea

After Samsung agreed to hefty employee bonuses, labour unions at Hyundai, Kakao, Naver and other major South Korean companies are stepping up demands for higher profit-linked payouts