Page 3 - Bloomberg

Pfizer to share higher overseas drug revenue with US health agency

Pfizer agreed to share a portion of its net increased revenue from charging higher prices abroad with US Department of Health and Human Services

Paramount settlement talks include plan to keep company in California

Paramount is headquartered in New York, but has substantial operations in Los Angeles

Companies avoid selling long-term bonds investors are clamoring for

That demand is higher than most of the market has seen this year

Strait of Hormuz oil shipments hit six-month high, says US commander

Oil and LNG shipments through the Strait of Hormuz have reached their highest level in six months, according to a US commander

Ahead of Trump-Xi summit, China slams US sanctions on Russia, Iran

AICC general secretary Jairam Ramesh said this in a post on X after Trump signed the law

US, China trade teams set to meet in New York on AI, Iran ahead of summit

US Trade Representative Jamieson Greer will also attend talks, according to a statement from his office

Inside the 24 hours that laid bare Tata's fight for control and its future

Directors voted 4-1 to extend N Chandrasekaran's tenure by five years and advance listing plans, rebuffing Tata Trusts chairman Noel Tata's push to keep the group private

Trump says son will repay Russian oligarch amid wedding party controversy

Trump said his son Donald Trump Jr. told him he was repaying the Russian businessman, while a person familiar with the matter also confirmed a repayment but gave no details

Trump extends $100,000 H-1B visa fee requirement for another year

The payment requirement for employers seeking certain H-1B workers will remain until September 21, 2027, as the Trump administration appeals a court ruling against the policy

There's '0% chance' that world will end in 2030: Nvidia CEO Jensen Huang

Huang dismissed AI doomsday scenarios in a CBS News interview, saying 2030 will not mark the end of the world and arguing that AI can be safely managed

Trump signs Russia sanctions bill, opens door to new tariffs on oil buyers

The new law gives Trump authority to impose tariffs of up to 100 per cent on major buyers of Russian energy, including India and China, as Washington seeks to pressure Moscow

Air India CEO weighs folding budget unit into group to cut costs

Tewolde Gebremariam is considering merging Air India Express with Air India to cut costs and streamline operations as the carrier battles heavy losses

India on track for driest monsoon in 17 years as El Niño curbs rain

Cumulative rainfall during the June to September monsoon season is 15% below the long-term average so far, according to the India Meteorological Department

Open-source AI fuels 440% surge in hackers using blockchains in attacks

A malware attack uses malicious software planted on a computer or network to steal information, passwords or funds

Nabfid sanctions over ₹3,000 crore loans for data centres amid AI push

The facilities from the National Bank for Financing Infrastructure and Development, or Nabfid, have a moratorium of as much as five years, with repayment over the following 10 years

Gold, US Treasuries surge as crude oil slide eases inflation concerns

Gold rebounds after three days of losses as lower oil prices ease inflation concerns and Treasury yields retreat

RBI sells ₹50000 cr govt securities in OMO to drain surplus liquidity

India's central bank sold ₹50000 crore ($5.2 billion) of bonds under its open market operations program as it stepped up efforts to drain surplus cash from the banking system

India's ₹86 trillion urban infrastructure push may spur municipal bonds

Sebi's proposal seeks to lower entry barriers for smaller towns as India faces an estimated ₹82-86 trillion funding requirement for urban infrastructure by FY31

India's outsourcing industry holds ground as AI reshapes jobs, says ING

Software services exports now account for 5.2 per cent of GDP, up from 3.3 per cent before the pandemic, while business services have more than doubled their share to 3.3 per cent

Huawei set to unveil new AI chips as it challenges Nvidia in China

The Ascend 960 chips are expected to be commercially available in 2027 as Huawei seeks to expand its AI hardware footprint despite US export restrictions