Page 19 - Bloomberg/reuters

DeepSeek puts fundraising on hold after founder's remarks go viral: Report

The Chinese AI pioneer verbally informed some of its would-be backers that they wouldn't be signing investment agreements in the coming days, as they had expected

US 'locked and loaded' for Iran strikes but no final decision yet: Trump

US President said Washington was ready for major military action against Iran but had not yet decided whether to proceed, even as the two sides continued talks amid escalating regional hostilities

Trump threatens fresh EU tariffs after $1 billion Google antitrust fine

Trump said Washington would launch a Section 301 trade investigation into EU after regulators imposed antitrust fine on Google, calling the penalties discriminatory against US technology firms

Trump's latest global tariffs face legal challenge from small businesses

Two lawsuits filed in US Court of International Trade argue that the govt unlawfully used Section 301 of the Trade Act of 1974 to impose fresh import duties after earlier tariffs were struck down

Lakshmi Mittal's Rajasthan Royals deal sparks shareholder feud in UK

Lakshmi Mittal's bid to acquire Rajasthan Royals has triggered a London lawsuit, with minority shareholders alleging they are being forced to sell shares for just £1

'Unjustified': Asian allies push back against Trump's forced-labor tariffs

Japan, Australia, New Zealand and Singapore criticised the US for imposing fresh tariffs of up to 12.5% on imports over alleged forced-labour concerns

Manipal Health aims to raise $960 mn in IPO, price band set at ₹560-590

Manipal Health will start taking investor orders on July 29 and plans to close bidding on July 31

US imposes tariffs of 10-12.5% on imports from 60 trading partners

Goods from some 10 trading partners deemed to have adopted forced-labor restrictions will be subject to 10% tariffs, including India, Mexico, the UK and Canada

India's silver imports slump as licensing curbs disrupt shipments

India imposed licensing requirements for silver imports in May to preserve foreign-exchange reserves, sending shipments plunging to an estimated 29 tonnes in June from 747 tonnes in January

Tesla's profit dips as spending for AI goals surged to $5.8 bn in Q2CY27

Tesla's profit fell as AI spending surged to $5.8 billion, leading to its first cash burn in two years despite stronger-than-expected revenue and EV sales

India restarts visa, passport services in Australia after 23-day halt

India has resumed passport, visa and other consular services across Australia through VFS Global, ending a 23-day suspension caused by a legal dispute

Airtel Africa chooses London for mobile-money business listing this year

Airtel Africa has chosen London as the primary listing venue for its mobile-money business, with the IPO expected this year, subject to market conditions and regulatory approvals

Pakistan's FDI falls to lowest since 2023 amid tax policy concerns

Pakistan's foreign direct investment fell 34 per cent year-on-year to its lowest level since 2023, as businesses cited unpredictable tax policies and several multinational firms exited the market

RBI sees resilient economy despite West Asia conflict, monsoon concerns

Reserve Bank of India said the economy remains resilient, supported by healthy demand and strong industrial and services activity, while warning that the Iran war and a deficient monsoon pose risks

Govt weighs easing rules to allow airport operators to own airlines

Government is considering relaxing ownership rules that could allow airport operators such as Adani Group and GMR Airports to own airlines, aiming to boost competition in the domestic aviation market

Samsung's $400K bonus sparks wave of labour demands across South Korea

After Samsung agreed to hefty employee bonuses, labour unions at Hyundai, Kakao, Naver and other major South Korean companies are stepping up demands for higher profit-linked payouts

US Senate panel investigates Amazon over alleged Chinese influence

A US Senate Small Business Committee investigation is examining whether Amazon allowed Chinese influence over its online marketplace, adding to the company's mounting regulatory challenges

OpenAI models carry out hack in hours that may usually take weeks

OpenAI said it informed law enforcement and other US authorities after learning of a reported breach involving Hugging Face, as claims emerged that AI tools may have completed the cyberattack in hours

US war against Iran has cost $37.5 billion, says Defence Secy Pete Hegseth

Hegseth gave the estimate in an appearance before the Senate Appropriations Committee on Tuesday that was focused on President Donald Trump's request for an additional $67 billion in defence funding

Punjab National Bank eyes entry into world's top 100 banks in next 2 years

Currently, only State Bank of India, the country's biggest lender, and private-sector leader HDFC Bank Ltd. rank in the top 100 global sector list by total assets