Page 5 - Bloomberg

Anthropic valued at $965 bn after latest funding round, eclipsing OpenAI

Alphabet Inc.'s Google contributed several billion dollars to the round as part of a previously announced commitment to invest up to $40 billion in Anthropic over time

Starbucks to weigh AI usage into account in tech workers' bonuses

A quarter of bonuses paid to tech employees will be pegged to department-wide goals that include AI adoption

WHO advisers recommend Ebola drugs be limited to clinical trials only

That means people who are sick now, or are at risk of becoming sick after being exposed to them, may not get access

Stocks and bonds rally as hopes grow for end to West Asia conflict

Hopes of extended US-Iran ceasefire talks lifted global equities and eased oil prices, while gold rebounded after touching a two-month low

AI could lead European banks to cut up to 20% jobs: Morgan Stanley

Many bank executives have acknowledged that AI will upend some jobs as firms start implementing the technology across different functions

Merchant ships avoid Strait of Hormuz after renewed US airstrikes

President Donald Trump said no single nation would be allowed to control the Strait of Hormuz, underscoring one of the central obstacles to securing a lasting agreement with Iran

Ex-BP Chairman Manifold hits back at 'lies' told about his conduct

Manifold's dismissal is the latest in a prolonged period of leadership upheaval at BP, which has included 3 CEOs in as many years, and raises fresh questions about company's internal processes

Congo seeks experimental Ebola antibody as outbreak crosses 1,000 cases

Eastern Congo faces a "catastrophic collision" of war and disease as fighting and displacement accelerate the spread of Ebola and undermine efforts to isolate patients and trace contacts

Trump's Iran bind deepens as Hormuz crisis fuels war pressure at home

Adding to the challenge are his own comments over the years, lambasting his predecessors for signing or considering deals similar to the one that has the best chance of success

Iran deal may ease oil stress, but won't plug India's capital or AI gaps

While stabilising the currency may help contain the current crisis, India's ability to attract global capital will remain muted

Swiggy CEO Majety vows to stay out of Amazon-Walmart spending war in India

Majety is pledging restraint even as India hosts one of the world's most closely watched consumer-tech battles

Adani firms extend rally to recoup losses sparked by Hindenburg

Adani Group stocks have erased losses triggered by the 2023 Hindenburg report as investor confidence returns amid easing regulatory pressures

South Korean stocks beat dotcom-era gains with 100% surge in 2026

Powered by chip giants SK Hynix and Samsung, South Korea's Kospi has doubled in 2026, reviving comparisons with the dotcom-era rally

Nvidia to raise Taiwan spend to $150 billion annually: CEO Jensen Huang

Huang was speaking at a launch celebration in Taipei for the chip company's planned Taiwan headquarters, which he said will break ground this year and aims to become operational in 2030

India seeks 1.7 MT urea imports as West Asia conflict hits supply

India regularly purchases urea through global tenders to meet local demand. The latest tender is the second since the start of the US-Israeli conflict with Iran

BMC plans ₹95 billion municipal bond issue in debt market debut

The so-called technical bids will be opened a day later and bankers must provide a firm commitment to mobilize at least 10 billion rupees

Hong Kong overtakes Switzerland as world's largest offshore wealth hub

The shift comes as global private fortunes expand at their fastest clip since 2021, defying tariffs and macroeconomic instability to reach a total of $333 trillion

Govt likely to begin formal marketing for $1 bn LIC stake sale next month

The government plans to sell a stake of about 2 per cent in the state-run insurer in late June or early July to institutional investors

UAE's Adnoc exports another LNG shipment through Strait of Hormuz to India

The Umm Al Ashtan, which is managed by Adnoc Logistics & Services, reappeared northwest of Muscat, Oman, loaded with a cargo and listing its destination as India

Why Switzerland's 10-million population cap is worrying executives

On June 14, Switzerland will vote on a plan to cap the population at 10 million, requiring a severe reduction in immigration