Page 218 - Bloomberg/reuters

Swiggy aims to kick off $1.35 billion India IPO mid-next week: Report

The IPO will open for bids from Nov. 6 to Nov. 9, and shares are expected to start trading from Nov. 13

OpenAI's 75% of revenue comes from paying consumers: CFO Sarah Friar

Friar said that roughly 75 per cent of OpenAI's business comes from consumer subscriptions. The company's paid consumer plan for its chatbot ChatGPT currently starts at $20 per month

Japan's Shigeru Ishiba vows to bring stability after losing majority

"The LDP suffered a crushing defeat," said Takeshi Minami, chief economist at Norinchukin Research Institute, who sees a December rate hike as the main scenario

Israeli Cabinet meets in secret location after Iran vows to retaliate

Israeli officials said that, for security reasons, the cabinet wouldn't meet at its usual place in Prime Minister Benjamin Netanyahu's office in Jerusalem

European banks to continue dealing with Indian clearing firms post October

Europe's authorities set the deadline last year after their request for co-supervision of European trades settled through Indian clearing houses was denied by the Reserve Bank of India

US elections: Elon Musk and friends smothering internet's truth seekers

In early October, the head of the US intelligence community warned of a serious threat from foreign actors including Russia, Iran and China, aimed at undermining trust in polls

Mercedes and Porsche's battle with Chinese EVs edges closer to home

The clearest sign of their impact came on Friday, when Mercedes reported its weakest profitability

Bain-backed 360 One WAM plans largest private credit fund in India

A growing pipeline of deals is nudging India's private credit market closer to the $10 billion mark as Prime Minister Narendra Modi's infrastructure push fuels a boom in funding among mid-sized firms

This pharma company from Mumbai may be helping Putin get Nvidia AI chips

But this inconspicuous pharmaceutical company is part of a lucrative trade in leading-edge technology to Russia that has the US and its European allies worried at India's burgeoning role

Apple tests blood-sugar app to help people with prediabetes: Know more

The research wasn't directly tied to Apple's longstanding effort to build a no-prick glucose monitor, but it could ultimately help inform how the company handles that project

RBI's upbeat growth estimates create confusion, concern among economists

The central bank has stuck to its forecast that India's economy will expand 7.2 per cent in the year ending March 2025

McDonald's rules out beef patties as source of E Coli outbreak in US

The fast food chain said it combined its supply chain tracing data with information from government bodies, including an analysis by the Colorado Department of Agriculture

Green municipal bonds grow as many Indian cities seek climate funding

Surat, in Gujarat, along with Pimpri Chinchwad in the western part of the country and southern city Coimbatore are all finalising proposals

US elections: Musk says he can cut $2 trillion from Budget at Trump rally

Trump has said he would ask Musk, the world's richest person and a major donor to the Republican nominee's campaign, to head up an effort to cut government spending

Wall Street, tech royalty fly to Saudi Arabia event amid West Asian war

International executives will have to contend with a region rocked by geopolitical tensions, with the threat of further military confrontation between Israel and Iran at the highest levels in decades

Global funds look towards India as financial market jitters pick up

A steady influx of foreign capital has positioned the nation's bonds among top performers in developing markets this year, while the country's stock market hit a record high last month

France credit rating outlook cut to negative by Moody's on deficit woes

Moody's put the negative outlook on its Aa2 assessment, a rating France shares with South Korea and United Arab Emirates

G-7 finalises $50 bn Ukraine loan backed by profits from Russian assets

The deal came after the US and its allies overcame issues on how to structure such a loan and, more importantly, how to ensure its repayment is assured

China is scanning Canada's cyber defences, state watchdog issues warning

Canada is in the midst of a high-profile public inquiry over foreign interference in its politics

UK plans to expand pacific fishing patrols in pushback against China

Countries such as the US and France, which each have overseas territories in the South Pacific, have announced similar efforts