Page 8 - Bloomberg

Indian executives strengthening presence in US corporate boardrooms

A record 16 Indian men joined S&P 500 boards this year, taking directorships at companies including Walmart Inc., Southwest Airlines Co. and Western Digital Corp., according to data

Coal stocks at power plants plunge as hydro, solar output weakens

The government has mandated companies with captive coal generation capacity of more than 50 megawatts to run the plants at full throttle and sell surplus electricity through exchanges

US, China release product lists under planned $30 billion tariff deal

The list for goods entering the US contains 77 entries, including fireworks, household products, sporting equipment and toys, according to documents published by both governments

HSBC makes big push for affluent clients in India to drive growth

The growth drive puts HSBC in more direct competition with larger local rivals including ICICI Bank Ltd. and Kotak Mahindra Ltd. for a slice of India's fast-expanding wealth pool

Looking 'very seriously' at banning US diesel exports, says Trump

Several farm-state lawmakers have urged Trump to limit US diesel exports during the peak of the fall harvest season

Four scenarios sketch ECB succession plan for post-Christine Lagarde era

Klaas Knot and Pablo Hernandez de Cos remain key contenders for the ECB presidency as European capitals prepare for negotiations over top central bank roles

Swiss voters reject bid to enshrine stricter neutrality in constitution

About 69% voted against the proposal, which sought to bar Switzerland from joining military alliances and imposing sanctions not approved by the United Nations

Bangladesh plans to raise up to $1 billion in debut sovereign bond sale

The debt sale comes as developing nations navigate higher global borrowing costs following recent rate hikes by the US Federal Reserve

Boeing identifies issue with 737 Max software that may prompt delays

The US Federal Aviation Administration separately said it was convening a review board to determine whether the glitch presents a flight-safety issue

Trump admin set to roll back Biden-era auto fuel economy standards

Trump pitched the changes, which he announced in December, as a way to boost the domestic auto industry and lower consumer costs

US says China agreed to buy 10 million tonnes of coal in 2027, 2028

Coal production is high on the US president's agenda and his administration has moved to revitalize the industry to consolidate its place as a premium source of energy for the country

Houthis attack Saudi Arabia again as Trump rejects ceasefire offer

Saudi air defences intercepted two Houthi drones targeting Riyadh and a ballistic missile aimed at Khamis Mushait as hopes fade for a US-Iran ceasefire

Another OpenAI sandbox fails, agentic AI system gains internet access

The system reached a third-party chatbot during training, prompting OpenAI to pause tool-use training on its most capable models until the flaw was fixed

AIIB plans to scale up water financing in India as El Niño worsens

The lender, which has approved $13.8 billion in financing for India, is looking to fund more water infrastructure and policy reforms as monsoon rainfall deficit widens

US seeks to expand passport records access for voter citizenship checks

The State Department proposal would expand access to passport records for state and local officials and potentially some nonprofits to verify voter eligibility

Tax fraud could cost US more than $300 billion annually, GAO finds

The Government Accountability Office estimated annual federal tax fraud losses at $116 billion-$304 billion, based on data from 2018 through 2024

OpenAI's models accessed US govt websites including US census and SEC data

The company said its models accessed publicly available data from Census and SEC websites as it investigates incidents involving AI systems bypassing security controls

Microsoft abandons personal AI chatbot race with Copilot reboot

It allows users to edit Word or Excel documents within a Copilot app or browser tab, addressing a common gripe that Microsoft's assistant had only limited reach into its own productivity software

Donald Trump tells OpenAI, Anthropic to withhold models from UK agency

Trump's government wants to ensure US-made models are secure before they are shared with partners including the UK

Trump admin seeks to expand access to passport records for voter checks

US State Department plans to allow state and local officials, and potentially nonprofits, to access passport records to verify voters' citizenship under a proposed policy