Page 18 - Bloomberg/reuters

India boosts LNG buying to meet fertiliser, power demand amid supply woes

The buying will help meet requirements from fertilizer producers, which use gas as a feedstock and are ramping up output ahead of the planting season

Google helps secure $35 billion funding for Anthropic data centres

Anthropic, the creator of Claude, is leasing powerful computer chips at five data centers with help from the long-established tech

US inflation rises to 4.2%, highest in over 3 years on Iran war impact

Beyond the initial energy shock, disruptions to fertilizer markets may eventually lead to higher grocery bills, while rising transportation costs could boost prices for all kinds of consumer goods

Carlyle Group seeks bankers for India IPO of healthcare RCM platform

Details of the proposed share sale, including its size and valuation, have yet to be determined, the people said

El Niño emerges in Pacific, raising risks of droughts, floods, crop losses

A powerful El Niño in 1997 killed at least 30,000 people and caused an estimated $100 billion in damage worldwide

Ambani-backed robot startup Addverb seeks $100 million to lead in India

Addverb, whose robots handle sorting, material movement and other tasks at logistics firms, warehouses and electronics companies, is scouting for more capital after expanding in various markets

$6 bn share sale wave in India signals deals perking up after slow start

About a dozen companies are expected to collectively raise more than ₹60,000 crore ($6.3 billion) across initial public offerings, institutional placements and government stake sales in two months

India's hidden battery fleet can become key to managing power demand

Inverter batteries, capable of charging up from a wall socket and powering a few lamps, some fans for a few hours when the power drops, are a product of decades of unstable grid power

Revlon fails to ensure some products are safe, warns US regulator

The Food and Drug Administration called one Revlon product higher risk because of its potential to be contaminated with a known human carcinogen in the letter dated June 2

EM stocks post biggest rise in two months as investors buy AI dip

South Korea's Kospi erased Monday's 8.3 per cent drop, continuing the wild swings that have pushed its 10-day rolling volatility to an annualised 81 per cent

Paytm planning to hire 4,000 employees in AI pivot with some roles cut

Paytm to continue hiring through March 2027, expanding teams across product, technology and AI, with recruitment also planned for senior leadership roles

Demand surges for SpaceX's record-setting IPO as orders top $10 billion

Banks leading the offering by SpaceX are expected to stop taking orders from institutional investors on Wednesday after the market closes in New York at 4 pm

Pentagon names WuXi AppTec on Chinese military firms list, raising concerns

Any restriction that stems from the designation could have broader implications because WuXi AppTec helps conduct research and development efforts on behalf of many US drugmakers

Heatwaves hit output at Indian apparel suppliers serving Uniqlo, Tesco

Research at 10 facilities in four regions found high temperatures are impacting product quality, delivery reliability and contributing to higher employee absenteeism during the peak summer months

Hotel giants bet India's local travel boom can defy economic slowdown

Hotel investments in India surged 67 per cent to $567 million last year, according to JLL, while demand is forecast to rise about 11 per cent annually over the next several years, outpacing supply

RBI's latest measures may have steadied rupee, but risks far from over

RBI's incentives may attract short-term foreign inflows and ease pressure on the rupee, but they do little to address weak FDI and sustained foreign investor outflows

Singapore brings back 19th-century tech to tackle rising temperatures

The 140-year-old concept known as district cooling is taking root in Singapore, where temperatures are rising twice as fast as the global average and sharpening the focus on climate adaptation

Sri Lanka emerging as new base for Asia's billion-dollar scam networks

Sri Lanka has stepped up its crackdown on cyber-scam networks, arresting over 1,000 people this year, but fast-moving operators are exploiting legal gaps and easily accessible tourist visas

FTX founder Sam Bankman-Fried seeks presidential pardon from Trump

The 34-year-old submitted an application to the Justice Department's Pardon Attorney Office, according to the office's website, requesting a "pardon after completion of sentence"

RBI likely to join Asia's rate-hike push as inflation pressures rise

RBI's commentary on inflation 'opens the door for rate hikes in the next meeting' in August, according to Pranjul Bhandari, chief India economist at HSBC Holdings Plc