Bloomberg/reuters

Oil shipments to India face delivery hurdles on Mideast snarls

State-run Bharat Petroleum Corp. had four Persian Gulf cargoes that weren't delivered on schedule in August, according to people familiar with the matter

Uber to cut 10% of jobs, or 3,300 roles, to reduce management layers

The cuts will reduce the number of managers in the company by 20%, with some being moved to the role of an individual contributor, an Uber spokesperson said.

Floods aftermath: Nepal seeks climate compensation from India, China, US

China, the US and India have made "extremely large" contributions to climate change and left smaller nations "enduring the price of it," Nepal's Foreign Minister Shisir Khanal told Kantipur TV.

Lyte raises $165 million funding, valuation jumps 3x to $1.6 billion

The latest financing was led by Maverick Silicon, according to a statement on Wednesday, with participation from existing investors, including Fidelity Management & Research

Data centre spending to reach $31.6 trillion by 2050 on AI boom

At the same time, the tech industry is trying to blunt a backlash against data centers that threatens to slow down the buildout.

Apple Maps renames Lake Ontario to 'Lake America' after Trump order

Apple took the step after Trump signed a directive changing the name, escalating a trade spat with Canada. The order gave the Int Dept 30 days to make the switch in federal databases and materials

India's economy can near $20 trn by 2046 if current growth pace holds: CEA

The economy doesn't need "heroic assumptions" to meet that target, Chief Economic Adviser V Anantha Nageswaran said

US-Iran fighting escalates as Tehran retaliates with missile, drone strikes

The US military carried out its second round of attacks in three days, which US Central Command said targeted radar systems and mine-laying capabilities along Iran's southern coast

BP Plc appoints Ian Tyler chairman after unexpected ouster of predecessor

Tyler, who was previously chair of Cairn Energy Plc, currently holds that position at Grafton Group Plc and is also senior independent director of Anglo American Plc

Apple's 2,275% gain under Tim Cook is a tough act for John Ternus to follow

Cook's 15-year tenure saw Apple's market value grow from less than $350 billion to $4.6 trillion, with shares gaining 2,275% since he became CEO

Jaguar Land Rover's first electric Range Rover to cost over $200,000

The Range Rover Electric can travel 372 miles (599 kilometers) on a single charge in testing conditions, and goes from 10% to 80%-charged in 22 minutes

Apple sets pay targets at $58 million for Ternus, $47 million for Cook

The new CEO will be paid a $3 million annual base salary moving forward and receive a stock grant with a target value of $55 million next year

Food safety crackdown on dirty kitchens rides wave of online anger in India

Violations discovered during recent raids include infestations of flies, rats and cockroaches, expired or adulterated raw ingredients and improper storage

Tata Sons chairman search hits roadblock over trust's nomination delay

The search process is being held up because Sir Ratan Tata Trust remains barred from conducting internal meetings under restrictions tied to an ongoing probe

Global Bond selloff sends yields to the highest level since 2008

The move started after Federal Reserve Chairman Kevin Warsh doubled down on his vow to finally tame inflation, and was extended this week as energy prices rose on renewed conflicts in the Middle East

CEO's refusal to overhaul fueled surprise HDFC Bank leadership shakeup

Rajiv Kumar urged HDFC Bank CEO Sashidhar Jagdishan to accelerate loan growth, step up technology investments and address legacy issues, sources said

Weak monsoon threatens India's key crops, raises risk of food price rise

India faces below-normal rainfall in September after a 14% deficit through August, raising concerns over soil moisture and crops including rice, sugar cane and soybeans

Will miss this work, says Tim Cook in final memo as Apple CEO; backs Ternus

Cook, who succeeded Steve Jobs in 2011, will become Apple's executive chairman and continue working with governments including those of the US and China

India's stock auction needs market makers as price swings persist

The NSE auction absorbed a record $4.2 billion in MSCI-linked trades, but sharp price swings persisted, highlighting concerns over thin liquidity and the lack of market makers

Apple accuses OpenAI of destroying evidence in trade secrets lawsuit

Apple alleged OpenAI is destroying key evidence and said former engineer Chang Liu downloaded a confidential circuit schematic and used it in his work at the AI company