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Climate change likely to intensify India heat wave, says scientists

Night-time temperatures are unlikely to fall below 34 degree celcius for the period, making this event 'particularly alarming'

Gaza war tragic, terrible, but not a 'genocide': Israel tells UN court

The ICJ's panel of judges is hearing arguments from Israel at the court on Friday after hearing from South Africa on Thursday afternoon

Vladimir Putin, Xi Jingping vow to cooperate against US 'containment'

The two leaders also warned of "increased strategic risks" from spiraling tensions between nuclear powers

Huawei backed research at US institutions becomes subject of House probe

Huawei, which is blacklisted by the US government, secretly funded a research competition that has awarded millions of dollars through the Optica Foundation

Global investors' preference for AI hits India IT stocks' heft as tech bets

Traditional software companies' earnings and valuations are at risk because their business models are not evolving with the times, said Deven Choksey, managing director of DRChoksey FinServ Pvt

China's housing market crash could hurt millions of promising careers

The value of new-home sales from the 100 biggest real estate companies was down about 45% in April from a year earlier

Walmart shares surge, market value hits $500 billion as results impress

Its shares climbed 7 per cent, the most since March 2020, to close at an all-time high of $64

Eversource Capital, India's top climate investor, seeks to raise $1 bn

Eversource's 32-member team is already on the look out for projects and companies that seek to combat climate change to invest in from the next fund

Number of ultra rich grows, more worth over $100 bn than ever before

Leading the pack is LVMH founder and Chief Executive Officer Bernard Arnault, 75, with a net worth of $222 billion

US Fed's NY prez Williams sees no current reason to change policy stance

Fed officials have pushed out expectations for the first interest-rate cut, emphasizing a need to keep borrowing costs elevated for longer amid disappointing inflation prints in the first quarter

JPMorgan CEO Jamie Dimon sees 'lot of inflationary forces in front of us'

'If you have higher rates and - God forbid - stagflation, you will see stress in real estate and leveraged companies, and private credit,' Dimon said

Netflix nears deal for 2 NFL games on Christmas, extending push into sports

The three-season pact will also see Netflix host at least one Christmas game in both 2025 and 2026, the league and the company announced on Wednesday

India sees forex reserves as main tool to manage bond index inflows

The Reserve Bank of India plans to absorb the inflows and match the outflows using its near-record high $642 billion reserves

Warren Buffett's Berkshire Hathaway reveals $6.7 bn stake in insurer Chubb

The conglomerate has also invested in other businesses in the insurance industry. Berkshire owns a stake in Aon Plc, a major broker, and has previously bet on rivals including Marsh & McLennan Cos

Tesla must face claims it misled buyers about autopilot and self-driving

Musk declared in April that Tesla is going balls to the wall for autonomy while committing the car maker to a next-generation, self-driving vehicle concept called the robotaxi

Boeing has a month to stop possible prosecution over 737 Max crashes

The US industrial giant faces significant scrutiny by the Justice Department after a string of safety failures

Rare blood clots from J&J and AstraZeneca Covid shots linked to genetics

Out of more than 18 million people who received the single-dose J&J vaccine, 60 cases of the clotting disorder were reported and nine people died, according to the Yale School of Medicine

Paramount holds talks with Amazon to expand partnership in media businesses

Paramount has also had discussions with Comcast Corp. about a streaming joint venture

Biden's efforts to reshape global supply chains gather pace in Asia

Taiwan's booming exports to the US are just one example of the way great-power tensions have already reshaped supply chains - and how China is getting left out of some of them

Climate change could lead to spread, worsening of mental conditions: Study

"In order to work properly, the brain has to be maintained within a relatively narrow temperature range," said Sanjay Sisodiya, a professor at the UCL Queen Square Institute of Neurology