Page 3 - Bloomberg/reuters

Jio's strong market debut boosts confidence in India's IPO pipeline

With 113 companies cleared to list and another 115 having filed draft papers, Jio's debut could encourage large offerings from firms including PhonePe, Flipkart and Hindustan Coca-Cola Beverages

Taiwan suspects China behind Pakistan's brief airspace ban for its airlines

Taiwan's Deputy Foreign Minister Chen Ming-chi said Pakistan's move sent a dangerous message, as Taiwanese commercial flights resumed over the country on Thursday after permits were approved

Student enrolment in US computer science programmes falls as AI takes jobs

Undergraduate computer science enrolment fell over 12% and postgraduate numbers more than 10% this autumn, with declines over two years reaching 18.4% and 27.1%, respectively

Bolsonaro's son Flávio faces 'web of probes' in Brazil amid flight to Miami

Flávio faces multiple probes in Brazil amid his mover to Miami via Argentina and Ecuador, while his brother Eduardo was convicted over alleged efforts to interfere in a probe against their father

Australia sees gains in contest with China for Pacific's 'great game'

Pacific Island Affairs Minister Pat Conroy said Canberra must deliver on regional commitments to remain the partner of choice, citing treaties and new alliances as key achievements

US judge rejects Trump admin's bid to block 20,000 California mail-in votes

Judge David O. Carter denied the Justice Department's request to withhold disputed ballots pending citizenship checks, warning the move could disrupt the midterm elections

Shapoorji Pallonji Group seeks to raise up to $200 mn to repay debt

The Indian conglomerate plans to raise $150 mn-$200 mn through rupee bonds issued by its Eqyizen Investment unit, with about half the proceeds earmarked to repay creditors of Porteast Investment

Mbappe faces China backlash over Mao remark as major sponsors cut ties

Kylian Mbappe's remarks on Mao Zedong sparked a backlash in China, prompting brands to sever sponsorship ties and highlighting growing political risks for global companies.

Trump says Putin-Zelenskyy meeting will be set up soon to end Ukraine war

US President Donald Trump said a meeting involving Vladimir Putin and Volodymyr Zelenskyy could be arranged soon to end the Russia-Ukraine war, but gave no timeline.

Israel exit polls show tight contest between Netanyahu and Eisenkot

Netanyahu's religious right-wing alliance and Eisenkot's more centrist bloc are both on track to secure 51 of Israel's 120 parliamentary seats, according to two exit polls

Jio Platforms IPO surge ends Tata's reign as India's most valuable group

Jio Platforms' shares surged as much as 23% on debut, pushing Reliance Group's market value past ₹30 trillion and overtaking Tata Group as India's most valuable conglomerate.

Flavio Bolsonaro flees Brazil following defeat in presidential election

Flávio Bolsonaro, who is facing multiple criminal investigations in Brazil, was ordered to surrender his passports to Federal Police by Tuesday but failed to do so

JPMorgan to lead US retail offering in Anthropic's potential record IPO

The company behind Claude has weighed a retail offering of about 15% to 20% of the shares available in the IPO overall

Jewellers hold back gold purchases betting on further price drops

Gold fell below $4,000 an ounce last week for the first time since July, extending its decline to about 24% since the US-Iran war began in late February

Ambani looks to defy market headwinds as Jio makes debut after record IPO

Mukesh Ambani's telecom giant raised $3.1 bn in an IPO subscribed more than 22 times, with grey-market indications pointing to a premium ahead of its listing amid volatile Indian and global markets

OpenAI plans to buy chips from Google as part of its AI build-out

The move reflects OpenAI's multipronged bid to quickly add more AI processing power

Infosys draws four downgrades in a day on weaker annual sales outlook

Brokerages turn cautious as Infosys' reduced FY27 sales guidance raises concerns over demand recovery and AI-led disruption

Bank liquidity surplus plunges to ₹46,200 crore amid RBI's rupee defence

Excess funds with lenders have shrunk from a high of ₹11 trillion ($116 billion) in early September to ₹46,200 crore as of Oct. 26, according to a Bloomberg Economics index

Jio Platforms shares trade at 22% premium in grey market ahead of IPO debut

Strong investor demand and a resilient grey market premium fuel expectations of a blockbuster listing for Mukesh Ambani's digital giant

India's diesel export boom set to ease global fuel shortages in 2027

New refining capacity will boost diesel supplies from India, helping ease global shortages as geopolitical conflicts disrupt fuel flows