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Chemical linked to cancer found in acne treatment creams including Proactiv

For its acne research, Valisure tested 66 benzoyl peroxide products, including creams, lotions, gels and washes available either over the counter from major retailers or via prescription

Global investors increase exposure to India's small- and mid-cap companies

A gauge of small- and mid-cap stocks has returned 60 per cent in the past year, compared with a 23 per cent advance in India's main S&P BSE Sensex Index

AI regulation: Govt needs to be more cautious about what it says and does

The Indian government is in the middle of a longer-term battle with big tech companies, especially those based in the US

Elon Musk says he won't donate to either US presidential candidate

Musk's comments, however, do not rule out donations to a super political action committee or other political causes

Federal Reserve in no rush to cut interest rates, says Jerome Powell

In prepared testimony to a House panel Wednesday, the Fed chief said it will likely be appropriate to begin lower borrowing costs "at some point this year," but made clear they're not ready yet

Google, Walmart gain fintech users from India as Paytm faces restrictions

Paytm's decline suggests consumers are moving usage to alternative services even before any disruption to its systems

Hiring spree: US companies added 140,000 jobs in February, shows ADP data

Private payrolls increased by 140,000 last month after a 111,000 gain in January, according to figures published Wednesday by the ADP Research Institute in collaboration with Stanford Digital Economy

Adani Group in discussions to offer $1.2 billion more bonds by June

The company is discussing the planned transaction with arrangers and bankers

India remains cautious on contracted Russian oil as new US sanctions bite

The three refiners had been in talks with Russia's Rosneft PJSC to secure about 500,000 barrels a day - equivalent to a third of India's daily imports

OpenAI hits back at Elon Musk's lawsuit, says 'sad it's come to this'

Musk is suing for breach of contract, breach of fiduciary duty and claims of unfair business practices, among other grievances

Tesla CEO Musk meets with Trump as former president seeks 2024 donors

Musk is the world's third richest man but has not been a major political donor, especially considering the size of his fortune, estimated at $192 billion

Global index inclusion inflows help Indian Rupee buck EM currency losses

India's currency is likely to appreciate to 81 per dollar by end-December from around 82.9 on Tuesday, according to Credit Agricole SA and TD Securities

'Private credit returns will be pressured by banks as competition rises'

As banks compete harder to win big deals, recent private credit loans have priced at some of the tightest spreads on record, according to data compiled by Bloomberg

Paytm will overcome regulatory setbacks, says Vijay Shekhar Sharma

Despite the setbacks, Sharma said he values the role regulators play in creating a healthy environment for startups in India

Foxconn dismisses finance chief Junhong, chairman Zheng to take his place

In a separate filing on Tuesday, FII said it has no material information that should be disclosed regarding the share price swings

AI startup Anthropic challenges OpenAI and Google with new chatbot

Dario Amodei, Anthropic's chief executive and co-founder, said the new technology, called Claude 3 Opus, was particularly useful when analysing scientific data or generating computer code

Microsoft, Walmart help Israeli VC Team8 raise $500 mn to support startups

Moody's Corp. and Temasek Holdings Pte also backed the three new funds and follow-on funding that brings Team8's assets under management to more than $1 billion

Visa, Western Union expand their partnership to more than 40 nations

Past iterations of the partnership focused on serving consumers in North America and Europe, said Chris Newkirk, Visa's head of commercial and money-movement solutions

Apple on track to collide with EU as new Digital Markets Act kicks in

The world's most ambitious digital regulation is being closely watched by other nations, including Japan, South Korea, Turkey and the UK, which are contemplating their own versions

Blackstone's giant real estate arm wants to double warehouses in India

Blackstone's real estate trust for wealthy individuals just resumed allowing customers to pull money without constraints after limiting withdrawals for about 15 months to avoid forced selling