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BlackRock racial audit shows struggles to retain leaders from various races

Retention was identified as one of BlackRock's challenges, even as the world's largest money manager met some goals on diversifying its overall workforce since 2020

Electricity demand hits record as heat boosts cooling device usage

The India Meteorological Department has forecast a hotter summer in parts of the nation, with temperatures already crossing 44C (111F) at some places

US debt default will threaten global financial system, says BlackRock

Addressing the broader economy, Hildebrand said he saw no scenario in which interest-rate cuts would happen this year

Deepfake detection is one corner of AI technology that isn't booming

Experts agree there's undue attention on AI generation and not enough on detection, said Claire Leibowicz, head of the AI and Media Integrity Program at nonprofit organization The Partnership on AI

Zee starts settlement talks with creditors to close Sony merger: Reports

The repayments are crucial for the merger, which will create a media firm with the biggest viewership and pricing power in the country of more than 1.4 billion people

Asia's chip makers powered by coal and gas imperil climate goals

None of the 13 semiconductor, display and final assembly companies have climate commitments in line with the Intergovernmental Panel on Climate Change recommendations

Credit Suisse AT1 holders' billions of debt challenged in Swiss court

The Swiss administrative court has received four filings linked to the additional-tier 1 debt writedown, a spokesperson said on Thursday declining to give any detail

Indian money managers continue to trim holdings of Adani Group's stocks

Investments by local equity mutual funds in the group accounted for only 0.9% of the industry's $182 billion in assets at the end of March

Why artificial intelligence could spell the end of OS as we know it

Critical mass for each of these companies seeking to sell AI services will be both crucial and lucrative

India races to get rich before it gets old as population surpasses China's

How quickly India boosts its proportion of city dwellers and whether it can create enough quality jobs to accommodate the shift carries crucial significance for its growth needs

Deadly heat bakes millions from China to India, raising blackout risks

Scorching temperatures are roasting Asia this week, stretching the region's power grids and raising health risks

Fox News is settled, but Dominion still has many lawsuits from 2020

Dominion Voting Systems Inc. secured a $787.5 million settlement from Fox News for airing false election-fraud claims, but it still has several similar defamation suits against other companies

Fox Corp expects no operational impact from defamation lawsuit settlement

Fox declined to say whether insurance would help offset the payment

Food prices in UK rise at fastest rate in 45 years; March figure above 10%

March figure sticks above 10%, lifting prospect of interest rate hike

Tesla goes for price cut in US for sixth time this year to spur demand

The cuts came ahead of the electric-vehicle maker's first-quarter earnings due on Wednesday and sent the stock down nearly 3 per cent in early trading

Snap attracts 3 million paying users to AI-enhanced subscription service

The growth has exceeded the company's expectations and includes the addition of about a million paying users in the past 11 weeks, Snap said Wednesday

Credit Suisse files long-awaited $440 million lawsuit against Softbank

The Swiss lender sued SoftBank in London earlier this month, saying it planned to focus on maximizing recovery for investors in its supply chain finance funds

Google hit leadership diversity goal 3 yrs ahead of schedule before layoffs

The company met its commitment of boosting leadership representation for underrepresented minorities by 30% in 2022, according to its annual diversity report

Bed Bath & Beyond renews bankruptcy talks as efforts to raise cash fails

The filing could come before an April 26 deadline by which the company sought to raise another $300 million from equity investors, the people said

KKR sees India, South Korea as sweet spots amid realty crisis: Report

Real estate investment vehicles overseen by KKR and its rivals like Blackstone Inc. have come under pressure, with many investors requesting their money back