Page 6 - Bloomberg

Trump open to Chinese EV firms building cars in US with American workers

The US president said Chinese automakers could set up plants in the country and employ American workers, while ruling out imports of China-made vehicles and production in Mexico for US sales

Global funds turn wary of Indian stocks as AI boom draws money elsewhere

India's appeal to global fund managers is weakening amid muted corporate earnings and the lack of a major AI investment theme, pushing foreign ownership of NSE-listed companies to a 17-year low

Flipkart's Super.money bets on AI agents to take on bigger rivals

The fintech has begun rolling out its consumer agents and plans to cover all of its customer base in the next two months, Chief Executive Officer Prakash Sikaria said

Putin's China pivot complicates PM Modi's strategic balancing act

Russian leader Vladimir Putin's isolation on the global stage in recent years has made him more reliant on China, India's main geopolitical rival, for everything from defense to energy.

RBI to drain ₹1 trillion through bond sales to tackle surplus cash

The move comes after surplus cash with banks rose to a record high of around 11 trillion rupees following massive inflows under the central bank's recent capital-raising windows.

HSBC's Anita Mishra to move to London; Hiren Sanghvi to head India markets

Hiren Sanghvi will replace her as head of markets and securities services in India

Algeria severs diplomatic ties with UAE, citing 'hostile' actions

The move came "in light of increasing provocative and hostile actions emanating" from the Persian Gulf state, Algeria's Foreign Ministry said in a statement on Thursday, without elaborating.

India FX deposits to help earn more revenue: RBI Governor Sanjay Malhotra

The comments come as the RBI deals with the fallout from record foreign-exchange inflows

Bernard Arnault falls out of top 10 richest as tech billionaires dominate

Arnault's net worth fell to $143 billion, according to the Bloomberg Billionaires Index, pulling the LVMH founder below Warren Buffett, the 96-year-old philanthropist and chairman of Berkshire Hathawa

SBI-led group of banks to provide $3.5 billion of debt financing to Vi

Vodafone Idea, the country's third-biggest wireless operator in terms of users but still loss-making, plans to use some funds to improve its network and better compete with Airtel and Jio

El Niño set to crimp India's sugar output and tighten global market

Gross sugar production will range from 29 million tons to 31 million tons in the year through September 2027, according to estimates from 11 traders, analysts and millers

Trump brushes aside warnings that AI could lead to human extinction

Trump rejected concerns that AI could threaten humanity, saying his priority is keeping the US ahead of China in the race to develop the technology

Silicon Valley voices growing concern over existential risks of AI

The viral attention for the remarks of a previously little-known staffer reflects the persistent public pessimism about AI, particularly in the US

New-age industries fuel corporate capex cycle: SBI MD Ashwini Kumar Tewari

India has proposed to relax conditions on a tax holiday for Indian data center services, further advancing the country's strategy to make itself an attractive location

World's first Australian work from home laws face uncertain future

The Victorian government was due to pass the laws Thursday, giving eligible workers the right to work from home two days per week

JD Vance asks voters to stick with Republican party, nods to Iran war angst

Vance, 42, took the stage in Dallas Thursday at the Republican midterm convention, an event that President Donald Trump hopes will boost Republican fortunes in midterm elections

OpenAI open to slowing cutting-edge AI, CEO Sam Altman tells staff

Altman told employees that OpenAI could potentially pace its AI development - perhaps in conjunction with several other AI labs

Anthropic gives EU access to Mythos months after model's release

"Following our constructive engagement with Anthropic, we can confirm that the EU's cybersecurity agency ENISA has been granted access to Mythos 5 and is testing it now," said Thomas Regnier

DGCA orders one-time drug test for all pilots after Air India incident

The directive follows a recent case involving an Air India pilot who tested positive for illegal drugs after a flight experienced a rare hydraulic-system failure

India launches online platform to connect exporters with US buyers

The move comes as India and the US continue negotiations on a trade deal, whose broad contours were agreed earlier this year