Page 7 - Bloomberg

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

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

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

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

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

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

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

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

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

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

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

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

US President insists 'there's nothing wrong' with his big crypto gains

Trump reported earlier this week earning at least $1.4 billion in 2025 from crypto and memecoin-related firms

Trump's financial disclosure shows 21,000 securities trades in 2025

The total dollar value of the trades was somewhere between $600 million and $1.86 billion, according to his financial disclosure for 2025, which lists values in broad ranges

India's space startups gather pace as private sector ambitions take flight

Three years after opening the space sector to private players, India is seeing startups scale up satellite, launch vehicle and space technology capabilities

Google loses EU top court battle over $4.7 bn Android antitrust fine

The European Court of Justice ruled on Thursday that Google's earlier defeat against a European Commission penalty should stand

Sony to end PlayStation game discs from 2028, shifts fully to digital

Sony will stop producing physical PlayStation game discs from 2028, becoming the first major console maker to shift entirely to digital game distribution

FSSAI pulls up Red Bull, 5 other energy drink makers over misleading claims

Several beverage brands marketing themselves as "energy drinks" were making functional or therapeutic claims that are not allowed under local laws, the FSSAI said

Govt ramps up share sale plans to cushion budget from oil price impact

Life Insurance Corp. of India, Hindustan Zinc Ltd., and several state-controlled banks are among eight companies identified by officials for stake sales in the coming months

Venezuela turns to private sector to fill state void in earthquake relief

Private businesses are rushing to fill the void from the government's earthquake response, with construction, engineering and other firms deploying heavy machinery, supplies, food across the country