Page 53 - Bloomberg/reuters

Trump demands 'conflicted' Intel CEO's resignation over China links

The company pleaded guilty in July to violating US export controls by selling hardware and software to China's National University of Defense Technology

Scrapping of US-sanctioned tanker in India shows dark fleet pain

Contract II, a decades-old tanker linked to Iran sanctions, was sold at a discount and dismantled in Alang, India, amid tighter enforcement and rising risks for ageing dark fleet vessels

Toyota slashes FY26 forecast, warns of $9.5 bn hit from US tariffs

The world's biggest carmaker now sees ¥3.2 trillion in operating income for the fiscal year ending in March 2026

UCLA in talks with Trump admin to reinstate $584 million in grants

The move came after the US Justice Department had given the school a Tuesday deadline to enter into a resolution agreement

Private credit drives a 'Buy Now, Pay Later' lending boom in Asia

Lenders worldwide last year made $334 billion in BNPL loans, five times their value from five years before, according to technology analysis and consulting firm Juniper Research

Trump likely to name interim Fed governor to fill upcoming vacancy

Fed Governor Adriana Kugler announced last week that she plans to vacate her role on Aug. 8

Apple to invest $100 billion in US manufacturing amid tariff pressure

The announcement at the White House on Wednesday includes a new manufacturing program designed to bring more of Apple's supply chain to the US

RBI panel proposes shift to 7-day flexible funding window for banks

The panel has invited comments on the proposals by Aug. 29

US imposes $15,000 visa bond on Zambians, Malawians to curb overstays

The measure adds to steps taken by the US government to limit the arrival of people that it deems undesirable

Air India may shift maintenance in-house with Singapore Airlines' help

The Indian airline is preparing to take on pre-flight and daily aircraft inspections, minor repair work and other troubleshooting activities from state-owned AI Engineering Services Ltd, or AIESL

Two Chinese nationals held in US for smuggling Nvidia AI chips to China

A criminal complaint says the two shipped Nvidia-designed chips, including H100 AI accelerators used to build and run AI software, without required US government licences

Hacked Columbia University student, alumni data includes bank numbers, GPAs

The university said that an unauthorised party accessed data on students, applicants, and some staff, including admissions, financial aid, and certain personal information

Hiroshima and Nagasaki: Nuclear bombing must keep being commemorated

Truman's moral case might have been stronger had the US issued a clear public warning to Japan in July 1945; the Allies threatened consequences but didn't reveal the nature of the coming devastation

NTPC Green plans ₹2,000-3,000 cr bond sale after RBI policy decision

A unit of the nation's largest power generator, the company is weighing an issuance of ₹2,000 crore ($228 million) to ₹3,000 crore rupees through five- or 10-year note

Israel mulls full Gaza control despite military and public concerns

Some Israeli military leaders have expressed reservations, the official said, while the plan would likely face considerable opposition

Wine, music and jets draw scrutiny of asset-backed private credit managers

Investors are becoming more discerning after a period of rapid growth in the sector, fueled by demand from insurance companies for investment-grade rated strategies

OpenAI, Google, Anthropic win US govt approval for civilian AI contracts

GSA officials said the models from the three companies - OpenAI's ChatGPT, Google's Gemini and Anthropic's Claude - were evaluated by several performance and security measures

US trade deficit narrows to $60.2 bn in June as imports decline sharply

Imports of consumer goods fell to the lowest level since September 2020, and industrial supplies and motor vehicles were also down. Meantime, inbound shipments of capital equipment rose

India struggles to engage Trump admin as key US roles remain vacant

It's become urgent for New Delhi to make its case to Washington after being unexpectedly slapped with a 25% tariff, one of the highest in the region, facing further threats over its ties with Russia

Mizuho Bank to hire Mashreqbank PSC's corporate banking India head

Devendra Sharma will be a Mumbai-based managing director at the Japanese lender and look after the bank's business in western India