Page 36 - Bloomberg

Elon Musk restructures xAI's teams following co-founders' departure

The exits follow xAI's recent merger with SpaceX, a move that valued the combined company at $1.25 trillion

Instagram chief grilled in court over profit versus mental health concerns

The trial is a test for thousands of similar cases with billions of dollars at stake, as well as the prospect that social media companies could be forced to change how they interact with youths

Trump admin warns Peru over sovereignty threat from Chinese port

The Chancay port on Peru's Pacific coast was conceived as a crucial new trade link between Asia and Latin America, but its status as a flashpoint between Washington and Beijing is intensifying

New CPI index may give RBI reason to keep interest rates on hold

Although inflation remains well below the Reserve Bank of India's 4 per cent target, the new figures could prompt the central bank to hold off on any further rate cuts and push up bond yields further

Ukraine agrees to host another round of US-mediated talks with Russia

President Donald Trump's envoys are intensifying efforts to end Russia's full-scale invasion against Ukraine as it approaches its fifth year and the question of territories is the key sticking point

Trump privately weighs exiting the USMCA trade pact he negotiated

A White House official, asked about the discussions, described Trump as the ultimate decision-maker and someone always seeking a better deal for the American people

How to generate employment for the world's 1.2 billion new workers

Over the next 10 to 15 years, 1.2 billion young people in developing countries will come of working age - a scale the world has never seen

Trump's new bridge threat came after Lutnick met rival crossing owner

On Monday evening the president said on Truth Social he'd prevent the Gordie Howe International Bridge from opening until Canada "fully compensated" the US, and said the US should own 50% of asset

A 'smog season' discount is another threat to Indian companies' earnings

The total economic cost of air pollution in India could have been as much as $260 billion in 2024, according to an analysis by Dalberg Advisors, which included impacts of reduced worker productivity

Goldman Sachs bets big on India with $500 million banking push

Goldman has now injected about $500 million into its India banking franchise over the last three years, demonstrating its commitment to the world's fastest-growing developing economy

Russia, Iran accuse Elon Musk's Starlink of violating international law

The Starlink service has become a key communication link for Ukrainians fighting against Russia's invasion, as well as Iranian opposition forces that took to the streets last month

Trump admin allows US oilfield contractors to work in Venezuelan fields

The license issued by the Treasury Department allows US firms to explore, develop and produce oil and natural gas in Venezuela under certain limited conditions

xAI co-founders Jimmy Ba, Tony Wu join exodus from Musk's AI startup

Wu announced his exit Monday in a post on X, without saying in the statement what he would be doing next. Ba followed a day later, saying it was his last day at xAI

YouTube lawyer sees no addiction from half hour of videos a day in trial

Kaley, from Chico, California, was presented by her lawyers at the start of the trial against Google and Meta Platforms Inc. as the face of a scourge that has allegedly poisoned millions of Americans

Bangladesh election tests Gen Z uprising, India-China power balance

Bangladesh's first election since Muhammad Yunus took charge as interim leader will test whether Gen Z-led protest movements can convert street momentum into stable, long-term political power

US Commerce Secretary admits visiting Epstein island, denies close ties

Lutnick, speaking to a Senate panel, described going to Epstein's island after being asked in Tuesday's hearing about Justice Department documents showing he had planned a visit

US inquiring about alleged Iranian oil imports, says Adani Enterprises

The inquiry adds to ongoing scrutiny of the conglomerate, including a US bribery probe in which the group's chairman has been indicted

Standard Chartered CFO De Giorgi unexpectedly resigns to join Apollo

De Giorgi, who joined the bank in September 2023, will take on a role at Apollo Global Management Inc. as a partner and head of Europe, the Middle East and Africa

Japanese banks lead $750 million financing for Adani Energy amid India push

The financing highlights Japanese firms' bid to capture a slice of the world's fastest-growing economy, particularly in financial services, as they seek growth and yield beyond their home market

Russia needs 11 million workers by 2030: Can Indians fill the labour gap?

Russia estimates the economy needs 11 million more laborers by the end of the decade