Page 4 - Bloomberg

Trump says Putin-Zelenskyy meeting will be set up soon to end Ukraine war

US President Donald Trump said a meeting involving Vladimir Putin and Volodymyr Zelenskyy could be arranged soon to end the Russia-Ukraine war, but gave no timeline.

Israel exit polls show tight contest between Netanyahu and Eisenkot

Netanyahu's religious right-wing alliance and Eisenkot's more centrist bloc are both on track to secure 51 of Israel's 120 parliamentary seats, according to two exit polls

Jio Platforms IPO surge ends Tata's reign as India's most valuable group

Jio Platforms' shares surged as much as 23% on debut, pushing Reliance Group's market value past ₹30 trillion and overtaking Tata Group as India's most valuable conglomerate.

Flavio Bolsonaro flees Brazil following defeat in presidential election

Flávio Bolsonaro, who is facing multiple criminal investigations in Brazil, was ordered to surrender his passports to Federal Police by Tuesday but failed to do so

JPMorgan to lead US retail offering in Anthropic's potential record IPO

The company behind Claude has weighed a retail offering of about 15% to 20% of the shares available in the IPO overall

Jewellers hold back gold purchases betting on further price drops

Gold fell below $4,000 an ounce last week for the first time since July, extending its decline to about 24% since the US-Iran war began in late February

Ambani looks to defy market headwinds as Jio makes debut after record IPO

Mukesh Ambani's telecom giant raised $3.1 bn in an IPO subscribed more than 22 times, with grey-market indications pointing to a premium ahead of its listing amid volatile Indian and global markets

OpenAI plans to buy chips from Google as part of its AI build-out

The move reflects OpenAI's multipronged bid to quickly add more AI processing power

Infosys draws four downgrades in a day on weaker annual sales outlook

Brokerages turn cautious as Infosys' reduced FY27 sales guidance raises concerns over demand recovery and AI-led disruption

Bank liquidity surplus plunges to ₹46,200 crore amid RBI's rupee defence

Excess funds with lenders have shrunk from a high of ₹11 trillion ($116 billion) in early September to ₹46,200 crore as of Oct. 26, according to a Bloomberg Economics index

Jio Platforms shares trade at 22% premium in grey market ahead of IPO debut

Strong investor demand and a resilient grey market premium fuel expectations of a blockbuster listing for Mukesh Ambani's digital giant

India's diesel export boom set to ease global fuel shortages in 2027

New refining capacity will boost diesel supplies from India, helping ease global shortages as geopolitical conflicts disrupt fuel flows

Saudi Arabia's battle with Yemen's Houthi shifts fears to non-oil economy

Weeks of sporadic strikes by the Iran-backed Yemeni militants have claimed dozens of lives, curbed air travel in Riyadh, delayed showpiece events and effectively shut capital city's financial district

China boycotts Kylian Mbappe after perceived insult to Mao Zedong

CCTV has reportedly removed advertisements featuring Mbappe, stopped airing soccer matches involving the Frenchman and deleted all posts related to him from its official Weibo account

Apple's foldable iPhone Duo draws early complaints of screen cracking

Customers reported hearing a crunching sound when unfolding the phone, followed by a large crack forming along the center crease

Anthropic relies on rival Google, Amazon, Microsoft for 48% of revenue

Amazon, Google and Microsoft customers can buy access to Anthropic's AI models through their existing cloud accounts. The cloud providers bill the customer, keep a fee and pass the rest to Anthropic

Jio IPO falls short of record payday for bankers despite mega issue

Jio Platforms is paying 19 banks about ₹196 crore in fees for its $3.1 billion IPO, just 0.65% of the issue size, as fierce competition squeezes investment banking earnings.

Chinese carmakers overtake Japanese rivals in Europe for first time

Registrations of Chinese-branded cars roughly doubled from a year earlier in September to make up 12.7% of total sales across the region, led by hybrids, according to market researcher Dataforce

Singapore diversifies energy supplies as Indonesia cuts gas exports

The remarks came as Indonesia began reducing natural gas exports to the city-state from Saturday, as President Prabowo Subianto seeks to bolster domestic supply

UAE's Nusseibeh vows independence, dialogue with Iran if elected UN chief

A former UAE ambassador to the UN, Nusseibeh vowed to act as a voice for international diplomacy and the rule of law, principles she said would underpin her credibility