Page 4 - Bloomberg/reuters

AI bots auditioning for Wall Street trading are mostly losing money

Public AI trading contests show leading models still struggle to beat markets consistently, highlighting limits of generative AI in fund management

Marco Rubio discusses West Asia with Pope after Trump dispute

US Secretary of State Marco Rubio met Pope Leo XIV at the Vatican amid tensions sparked by Donald Trump's criticism of the pontiff over the Iran conflict

US waits on Iran's peace deal response as Israel strikes Lebanon

The US awaits Iran's response to a proposed peace deal as tensions persist in the West Asia, with Israel resuming strikes near Beirut despite a Lebanon ceasefire

Tata, JSW Group to invest nearly $1 billion in EV, battery technologies

Tata Group and JSW Group are separately funding research and development centers aimed at building in-house expertise in next-generation battery technologies and advanced EV systems

Noel Tata's opposition to Tata Sons' listing creates rift within Group

Trustees at Tata Trusts are set to push for listing Tata Sons under RBI norms, exposing internal differences as Noel Tata seeks to keep the holding company closely held

Mauritius targets 100 millionaires a year with $1 mn Golden Visa Programme

From AI to Beachfront Villas: Mauritius Courts Global Wealth with New Visa Program

AirAsia signs major deal, orders 150 Canada-made Airbus A220 jets

The deal is potentially worth about $6.8 billion, based on Ishka data that values new A220-300s jets at $45 million apiece

Elon Musk weighed offering Sam Altman a Tesla board seat, jury told

Musk and his fellow OpenAI co-founders were then in the midst of negotiations about the future of the AI nonprofit and how they could secure enough funds to meet their computing needs

Trump tariff refund payouts start hitting US importers' bank accounts

The refund payments mark a milestone in the fierce legal fight over one of the president's signature economic policies. Hundreds of thousands of importers paid the contested tariffs

Eli Lilly's Mounjaro overtakes Merck's Keytruda as world's top-selling drug

Mounjaro generated $8.7 billion for Lilly in the first quarter of 2026, outperforming Merck's Keytruda, which posted sales of $7.9 billion

Prada faces a devil of dilemma, but India too has deeper issues to address

India's GI-tagged crafts like Kolhapuri chappals lack the strong global legal safeguards enjoyed by Western products such as Champagne, leaving traditional artisans vulnerable to misuse

Why Indian companies don't want to invest in India despite incentives

Despite tax cuts and reforms, India Inc remains wary of investing at home amid concerns over political unpredictability, policy risks and lack of administrative certainty

Ted Turner, CNN founder and 24-Hour TV news pioneer, dies at the age of 87

CNN founder Ted Turner, the maverick media tycoon who revolutionised 24-hour news and built a cable empire, dies at 87 after a long illness

Samsung hits $1 trillion market valuation, joins TSMC in elite club

The milestone came as the South Korean company's shares rallied as much as 12 per cent early on Wednesday, making it only the second Asian firm after Taiwan Semiconductor Manufacturing Co. to hit mark

Standstill in Indian gold, silver imports drags on, threatens supply

Shipments have been stuck at customs since the start of the financial year on April 1, ensnared by administrative bottlenecks and a lack of clarity over taxes

Trump pauses Project Freedom in Hormuz in push for deal with Iran

Trump cited 'Great Progress' toward 'a Complete and Final Agreement with Representatives of Iran', however, he added that a US blockade would 'remain in full force and effect'

Embrace AI or get left behind: Job cuts sweep through crypto firms

The debate started in February after Block Inc., the owner of Square and Cash App, announced it would cut a whopping 50 per cent of staff, citing a secular change in how AI affects its operations

Sun Pharma weighs multiple funding options for $12 billion Organon deal

The Indian drugmaker is considering seeking consent from Organon bondholders to swap their holdings into Sun Pharma debt

US-Iran ceasefire holds after Hormuz clashes, UAE missile strikes

Violence had erupted after US President Donald Trump announced "Project Freedom," which he described as a humanitarian effort to guide neutral ships stranded in the Gulf through Hormuz

OpenAI finalises $10 billion joint venture with PE firms to deploy AI

OpenAI has raised more than $4 billion from investors, including TPG Inc., Brookfield Asset Management, Advent and Bain Capital, for a firm focused on helping businesses leverage its AI software