Page 315 - Bloomberg/reuters

Elon Musk's xAI startup seeks to raise $1 billion from equity investors

Musk has already raised nearly $135 million, according to a document filed Tuesday with the Securities and Exchange Commission, which doesn't include the names of investors

India's green hydrogen aid receives cautious response from investors

India's flagship plan aims to produce 5 million tons annually of green hydrogen, seen as key to decarbonize hard-to-abate industries such as oil refining, fertilizers, steel and shipping

Gautam Adani's next milestone is plan for $1.25 billion of green arm debt

We are coming close to timelines where we would like to see a concrete and definitive plan" Abhishek Dangra, a Singapore-based infrastructure analyst at S&P Global said

President Biden's reelection campaign expects to raise $15 mn in five days

On Friday, he plans to travel to Los Angeles, where Hollywood luminaries including the directors Steven Spielberg and Rob Reiner and producer Shonda Rhimes will be among the hosts at a gala fundraiser

Israel rebuffs mounting pressures to halt Gaza war as forces move south

"Hamas is trying to tear us down and instead we are taking them apart," Netanyahu said, adding that Israeli forces had killed half of Hamas's battalion commanders

India's stock market value tops $4 trillion, narrowing gap with Hong Kong

The market capitalisation of companies listed on India's exchanges has risen by $1 trillion in less than three years, as the South Asian market emerges as one of the best performers

Chinese experts push back at Moody's for cutting sovereign bond outlook

"The rating agency's understanding of how the Chinese economy works and how the Chinese government functions is not deep enough and does not reflect the reality," Feng added

Credit Suisse reinstates independent overseer for Nazi-account probe

The bank confirmed the decision Tuesday, taking the unusual step of amending a press release it issued in April to delete criticism of Barofsky's work.

Japanese buyers snap up New York, London buildings in spending spree

A Manhattan skyscraper, data centers in Toronto and office buildings in London are among the assets that Japanese companies and pension funds have scooped up this year

Humanity on the verge of crossing 5 climate 'tipping points', warns report

An international team of more than 200 researchers identified 26 natural processes or features at risk of being suddenly and irreversibly disrupted by climate change, including ice sheets

Murky use of private credit funds may invite harsh regulatory scrutiny

Investors who pooled money were issued senior securities, earning them interest

Moody's cuts outlook on China's sovereign bonds to negative on rising debt

Moody's lowered its outlook to negative from stable while retaining a long-term rating of A1 on the nation's sovereign bonds, according to a statement

Meta Platforms, IBM create industrywide AI alliance to share technology

"We believe it's better when AI is developed openly - more people can access the benefits, build innovative products and work on safety," said Nick Clegg, Meta's president of global affairs

AT&T taps Ericsson for $14 billion wireless network revamp, ousting Nokia

It was a major blow to Finnish rival Nokia, whose shares tumbled 10 per cent on Tuesday in Helsinki trading

Adani Group stocks soar as US dubs Hindenburg allegations irrelevant

Value of GQG's investment up 75% to $7.5 bn

India, UK seek to wrap up trade negotiations before busy election year

It's the 13th round of negotiations on a deal intended to expand a trading relationship that was worth more than $24 billion last year

Surging gold prices prompt Indians to recycle jewellery for weddings

"Wedding purchases are happening as they are inevitable," said Ashish Pethe, a partner at Waman Hari Pethe Jewellers

US services sector gauge picks up in Nov on improved business activity

The business activity index, which parallels ISM's factory output gauge, climbed in November after posting the biggest drop this year in the prior month

US job openings fall in Oct to lowest since 2021 as labor market cools

A moderation in quits may imply Americans are feeling less confident in their ability to find other jobs in the current market or reflect a smaller wage premium on offer for job-switchers

Johnson & Johnson sees 2024 sales growth slowing as top drug faces rivals

The pharma and medical devices giant will soon lose its exclusivity with psoriasis treatment Stelara, which accounted for a fifth of its drug sales in the third quarter