Page 7 - Bloomberg/reuters

Ken Griffin commits $3bn to Carnegie Mellon in single largest donation ever

The commitment will more than double Griffin's previous donations, bringing the total to roughly $5.7 billion.

Japan's Toho Holdings eyes KKR's health device maker PHC for $1.3 billion

While domestic investment funds have also shown interest in PHC, Toho is currently the only prospective buyer engaged in concrete discussions

Coca-Cola considering December filing for India bottling unit's $1 bn IPO

The Atlanta-based drinks giant has also added Axis Capital Ltd. and IIFL Capital Services Ltd. to the roster of banks working on the Hindustan Coca-Cola Beverages Pvt deal

Britain could rejoin the EU after next election, says PM Andy Burnham

Burnham outlined three options he would discuss at a UK-EU summit slated for later this year

Foreign money flees India again as surge in oil prices undoes policy gains

Global funds have sold $2.1 billion of local equities so far this month, following two straight months of purchases

Apple set to sell 6 million iPhone Duos in 2026: Counterpoint Research

The figure, more typical of niche foldable segment than Apple's usual smartphone sales, is contingent on how well the company ramps up production of the new hardware, Counterpoint senior analyst said

OpenAI eyes raising $30 billion in funding at $1.4 trillion valuation

The firm is seeking a valuation of around $1.4 trn, not including the money raised, said the people, potentially vaulting it back above longtime rival Anthropic's most recent private market valuation

Record quarter primes India IPO market for another blockbuster year

Listing proceeds surpassed $9 billion in July-September, the most ever for the period, according to data compiled by Bloomberg

Trump backs independent AI audits in shift toward stronger safety measures

Under the agreement forged at a White House lunch Tuesday with nearly two dozen top tech industry executives, AI companies also committed to regularly meet to set best practices for the industry

China's factory activity rebounds in Sep with stimulus lifting outlook

The official manufacturing purchasing managers' index was 50.1 in September, up from 49.8 in August and in line with the forecasts of economists surveyed by Bloomberg

AI may force 11 million workers into new jobs by 2035, says McKinsey

Roughly 11 million American workers, or about 7% of the current workforce, may need to change jobs by 2035 because of artificial intelligence-related displacement, according to the report

Global AI industry needs to earn $6 trillion to justify data centres: Bain

The report comes as debate intensifies around the as-yet elusive returns for AI service providers

Gujarat Themis secures $58 million private credit for Japanese acquisition

Founded in 1981, Gujarat Themis is India's first company to start commercial production of the anti-tuberculosis drug Rifampicin, according to its website

Sydney data centre plan scrapped by developer after community backlash

Goodman Group withdrew plans for a A$443.8-million data centre in Sydney's Lane Cove after residents raised concerns over its impact on homes, schools and local infrastructure

Larry Ellison pledges $9.2 billion more in Oracle shares for loans

The share pledges, revealed in an Oracle filing on Friday, amount to a 19% increase in the number of shares Ellison has pledged since 2025. The stock is worth about $9.2 billion

China broadens travel curbs to encompass family of top AI talent

That marks a broadening of existing curbs on the freedom of movement of China's most influential tech talent - a category that encompasses entrepreneurs, researchers and executives

Indian executives strengthening presence in US corporate boardrooms

A record 16 Indian men joined S&P 500 boards this year, taking directorships at companies including Walmart Inc., Southwest Airlines Co. and Western Digital Corp., according to data

JCB makes first leadership change in 50 yrs, names George Bamford co-chair

Anthony Bamford, the founder's son, has been chairman since 1975 and oversaw JCB's transformation from a predominantly British manufacturer into a global business

Coal stocks at power plants plunge as hydro, solar output weakens

The government has mandated companies with captive coal generation capacity of more than 50 megawatts to run the plants at full throttle and sell surplus electricity through exchanges

US, China release product lists under planned $30 billion tariff deal

The list for goods entering the US contains 77 entries, including fireworks, household products, sporting equipment and toys, according to documents published by both governments