Page 6 - Bloomberg/reuters

SpaceX to take over AI Startup Cursor in $60 billion deal following IPO

SpaceX has sealed its $60 billion takeover of Cursor, strengthening Elon Musk's push to compete in the fast-growing AI coding market

SBI plans Indian rupee-denominated deposits in Sri Lanka to support trade

SBI plans to launch rupee-denominated deposits in Sri Lanka to boost the use of the Indian currency in bilateral trade and investment

Qatar plans to rapidly boost LNG production after Strait of Hormuz opens

Qatar plans to restore most of its LNG export capacity within two months of Hormuz reopening, easing pressure on global gas markets

JSW Realty seeks ₹1,600 crore loan from Tata Capital for Mumbai project

The developer is seeking the five-year loan to fund an office project near Mumbai's Bandra business district

BHP Group, Rio Tinto see India driving steel's next wave of growth

Senior officials from both companies said rising demand and addition of new capacity in India could help offset slowing growth in China, which has dominated global steel markets for over two decades

Restrictions on Anthropic underscore need for sovereign AI: Upstage CEO

US has ordered Anthropic to disable access to its most advanced AI platforms for all foreign nationals after discovering it's possible to 'jailbreak' or bypass the guardrails of new Fable 5 AI model

Profits are rising across corporate India. Why isn't investment taking off?

Listed companies' net income is nearing 6 per cent of GDP, but a lack of corresponding investment in factories and other productive assets is limiting job creation and widening inequality

Fox to acquire streaming platform Roku in deal valued at about $22 billion

Fox Corp will acquire Roku in a $22 billion deal, combining streaming, digital advertising and television assets to create a major US media platform

Inflation worries keep markets wary even after US-Iran peace deal

A drop in oil prices may ease inflation and give central banks more flexibility, but key issues, including Iran's nuclear program, sanctions relief and future operations of Hormuz remain unsettled

Indian LNG tanker heads toward Hormuz as peace deal lifts reopening hopes

The LNG carrier, under a long-term charter with an Indian state-owned importer, is heading into the eastern arm of Hormuz, toward the Gulf of Oman, according to ship-tracking data

Allianz emerges as lead bidder for HSBC's Singapore insurance unit

Allianz and HSBC are finalising a deal for HSBC's Singapore insurance unit, with the business valued at up to $2 billion

Bangladesh central bank dissolves Islami Bank board, takes direct control

The action was taken in 'the interest of the bank, depositors, and the general public', the central bank said in a statement without providing specific reasons for the board's removal

Bitcoin jumps to two-week high as US-Iran Hormuz deal boosts risk appetite

Bitcoin climbed nearly 3% in early Asian trading to around $65,400 after the US and Iran signalled a de-escalation of hostilities, boosting risk appetite across global markets

Donald Trump to meet West Asia partners on sidelines of G7 in France

Iran, energy security and trade tensions dominate the G7 agenda as Trump meets Middle East partners and key allies in France

Ukraine forces target Russian fertiliser plant, fuel depot in strikes

Ukraine struck a chemical plant and fuel storage facilities deep inside Russia, escalating its campaign against infrastructure linked to Moscow's war effort

SpaceX surge further boosts this Saudi billionaire prince's fortune

Prince Alwaleed bin Talal's investment firm Kingdom Holding Co surged after SpaceX's share gains on its first day of trading drove the value of the Saudi firm's holding to almost $7 bn

Marco Rubio defends Hormuz blockade after India protests US strikes

Rubio said violations of the US-led blockade and the illicit transport of Iranian oil wouldn't be tolerated, according to the statement

South Korea's world-beating stock market eyes long-awaited MSCI moment

The Kospi has become the world's best-performing major equity benchmark this year, surging more than 90% as investors piled into artificial-intelligence winners

India prepares to send oil tankers via Hormuz for new supply as war eases

State-owned Shipping Corp. of India is ready to go back to the Persian Gulf once it has approval from the Indian Navy and it has business from oil refiners

Trump denies allegations of defrauding US court to create $1.8 billion fund

US District Judge Kathleen Williams in Miami is considering reopening the case to investigate whether the president and the Justice Department defrauded the court