Page 15 - Bloomberg/reuters

No IPO in 2026, firm to prioritise safety, says OpenAI CEO Sam Altman

Altman said this year would be an 'ill-advised moment' for initial public offering and that a listing won't take place until next year

Current inflation shock likely to last longer than expected: ECB president

The ECB raised interest rates this week for the second time since the Iran war sent oil and gas prices soaring

Trump says US-Canada trade deal could come 'fairly soon' amid tariff war

Trump said a trade deal with Canada could come "fairly soon" as the two countries remain locked in a tariff dispute with no formal talks confirmed

West Asia war strains margins for apparel makers as raw material costs rise

The West Asia war is driving up polyester, cotton, energy and freight costs, squeezing apparel manufacturers and potentially pushing clothing prices higher

HSBC CFO Succession: Who is in the race to replace Pam Kaur in 2027?

HSBC is set to begin its search for a new CFO after Pam Kaur announced plans to retire in 2027. Here are the internal and external candidates in contention.

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