Bloomberg
Bloomberg
Page 6 - Bloomberg
Qatari LNG ship struck in Strait of Hormuz, testing US-Iran agreement
The vessel, owned by Qatar's state-owned shipping company Nakilat, appeared to be traveling without its transponders on, ship-tracking data show
 "Qatari LNG ship struck in Strait of Hormuz, testing US-Iran agreement")
Real estate firm K Raheja delays $700 million IPO plan by at least a year
The company now intends to revisit the plan once it has achieved greater scale, potentially allowing it to pursue a larger offering and command a higher valuation
 "Real estate firm K Raheja delays $700 million IPO plan by at least a year")
Singapore, Zurich top world's costliest city list for luxury spending
Zurich climbed to second place, edging out London, while Monaco entered the top three for the first time since the survey began in 2020
 "Singapore, Zurich top world's costliest city list for luxury spending")
Venezuela earthquake death toll rises to 3,535 as rescue efforts continue
Nearly 17,000 people have been injured, 6,500 rescued and 18,000 displaced, National Assembly President Jorge Rodríguez said on Telegram
 "Venezuela earthquake death toll rises to 3,535 as rescue efforts continue")
Andy Burnham may struggle to keep his promise to Britain's economy
The frontrunner for Britain's top job has pledged to deliver 'good growth in every postcode', but decades of regional inequality and weak productivity will make that promise difficult to fulfil
 "Andy Burnham may struggle to keep his promise to Britain's economy")
El Niño threatens India's clean energy transition, may fuel coal reliance
India forecasts coal's share in nation's generation mix will fall to 64% by 2027 and 50% over next decade, but it remains at more than 70% even after drop in thermal power production last year
 "El Niño threatens India's clean energy transition, may fuel coal reliance")
Vietnam fast-tracks $4 billion Hon Khoai port to check China's naval power
Vietnam is accelerating work on a dual-use seaport and transport corridor to strengthen trade links and bolster its strategic presence after Cambodia launched a China-backed canal project
 "Vietnam fast-tracks $4 billion Hon Khoai port to check China's naval power")
Indian banks curb short-term debt sales as RBI aids cheaper forex funding
No certificate of deposit issuance was recorded over three trading sessions as lenders turned to cheaper overseas forex funding backed by the RBI
 "Indian banks curb short-term debt sales as RBI aids cheaper forex funding")
Ather Energy planning to raise $200 million via institutional share sale
EV two-wheeler maker may launch a qualified institutional placement as early as next week to fund capacity expansion, retail growth and new product development
 "Ather Energy planning to raise $200 million via institutional share sale")
Europe's heatwave lifts demand for China's portable air conditioners
Midea could see consumer air conditioning sales in Europe grow by more than 20% Y-o-Y for 2nd quarter while Haier could record double-digit growth for its European air-conditioner segment this year
 "Europe's heatwave lifts demand for China's portable air conditioners")
ByteDance, Alibaba pull AI companion features as China tightens rules
The sudden retreat comes ahead of new Beijing regulations taking effect in mid-July to tighten oversight on humanlike AI services
 "ByteDance, Alibaba pull AI companion features as China tightens rules")
OPEC+ ratifies planned oil output hike as Hormuz shipments resume
The OPEC is already facing a challenge to its unity, after founding member Iraq last month suggested it could ultimately exit if denied a higher production limit
 "OPEC+ ratifies planned oil output hike as Hormuz shipments resume")
Nvidia supplier Foxconn's sales surge 40% on robust AI server demand
Shipments of AI racks are expected to maintain their momentum in the current quarter, while demand for information and communications technology products is entering peak season
 "Nvidia supplier Foxconn's sales surge 40% on robust AI server demand")
Drivers in India protest ethanol petrol policy over mileage, cost concerns
The government and automakers have been on the defensive after weeks of complaints on social media
 "Drivers in India protest ethanol petrol policy over mileage, cost concerns")
Fewer ships transiting Strait of Hormuz along Oman coast after U-turns
One products tanker that turned around on Saturday appears to be making a fresh attempt, sailing past the tip of Oman's Musandam peninsula
 "Fewer ships transiting Strait of Hormuz along Oman coast after U-turns")
Investors turn to India as AI market storm rattles global equities
India's lack of AI plays has been a hurdle most of the year as investors turned to markets like South Korea and Taiwan that delivered stellar returns
 "Investors turn to India as AI market storm rattles global equities")
US cancels Independence Day parade in Washington DC due to extreme heat
Authorities scrap the capital's 250th Independence Day parade after heat index forecasts of up to 115 degrees Fahrenheit, with nearly 200 million people under heat alerts
 "US cancels Independence Day parade in Washington DC due to extreme heat")
Europe has replaced most assets cut by US from Nato war plans: Official
Deputy Supreme Allied Commander Europe Sir John Stringer said that European members have replaced most of the assets cut from US contingency plans, calling it a sign of a stronger Europe within Nato
 "Europe has replaced most assets cut by US from Nato war plans: Official")
Taylor Swift weds Travis Kelce in ceremony officiated by Adam Sandler
The singer-songwriter and the Kansas City Chiefs star exchanged vows in a ceremony officiated by Adam Sandler in a celebration held at Madison Square Garden
 "Taylor Swift weds Travis Kelce in ceremony officiated by Adam Sandler")
The magical realism of the American dream: Birthright, belonging and hope
Americans have always been at odds with each other - often viciously - over who belongs to their promised land
 "The magical realism of the American dream: Birthright, belonging and hope")