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Court rejects Musk's bid to dismiss OpenAI's harassment allegations

The ruling marks the latest turn in dispute that began when Musk accused OpenAI of abandoning its nonprofit roots by taking billions from Microsoft in 2019, a year after he left

India-China thaw takes shape as PM Modi embraces Brics over Trump

The blow from India's largest trading partner hit hard, especially after PM Modi had lavished praise on Trump and was among the first foreign leaders to visit after his return to the White House

Panama Canal set to enter ports business as Trump-China feud simmers

Though China has no role in operating the canal, Hong Kong-based conglomerate CK Hutchison Holdings Ltd has operated ports on the Atlantic and Pacific sides

Maruti Suzuki India bets on SUVs to offset small car sales slowdown

Indian unit of Japan's Suzuki Motor Corp plans to launch a new SUV on Sept 3 and hopes it will double its sales in the segment

India's trade dilemma: Shield farmers, textiles or risk US cotton tariffs

Losing access to the US consumer may hurt India's farm economy more than slashing its 39 per cent average tariff on imported produce

Evergrande delisting over $45 billion debt deepens China property crisis

The delisting comes as liquidators sifting through the books revealed that the developer's debt load now stands at about HK$350 billion ($45 billion), much bigger than previously disclosed

AI eroded doctors' ability to detect cancer within months in study

AI helped health professionals to better detect pre-cancerous growths in the colon, but when the assistance was removed, their ability to find tumors dropped by about 20 per cent

Singapore to sell Hermes bags, gold bars seized from money launderers

The local unit of consulting firm Deloitte has been appointed to manage the process of selling the non-cash assets

Trump says he may allow lawsuit against Fed chief Powell over renovations

Trump in a social media post on Tuesday resumed his criticism of the Fed chair over the central bank's decision to hold interest rates steady and again hammered Powell over the renovation work

China asks companies not to use Nvidia H20 chips in a new guidance

Over the past few weeks, Chinese authorities have sent notices to a range of firms discouraging use of the less-advanced semiconductors, people familiar with the matter said

M&M expands capacity at South African plant as US tariffs hit auto sector

Sluggish growth in the continent's most-industrialized nation has led South Africans to demand more economical cars

Xi Jinping takes aim at US' protectionism in phone call with Brazil's Lula

Brazil's president, known universally as Lula, and Chinese leader Xi Jinping also agreed on upholding multilateralism through the Group of 20 and Brics

Trump's tax law squeezes poor, boosts income for wealthy, says CBO

Earners in the middle of the distribution will see their annual resources grow by about $800 to $1,200 on average, according to the analysis

Donald Trump says gold imports won't be tariffed in reprieve for market

Gold futures traded on New York's Comex and the global benchmark for spot prices in London were little-changed after Trump's post

India's tax reform needs more economic focus, less political manoeuvring

Over eight years later, GST has fallen short of expectations, prompting the government to appoint Home Minister Amit Shah to lead negotiations for its reform

State-run Shipping Corp of India to buy 26 local vessels in $2 bn deal

The ships will have cumulative internal volume of 1.18 million gross tonnes, and delivery will be staggered over several years as they are completed

Trump's 50% tariffs forcing Indian banks to scrutinise exporters' loans

Lenders are asking borrowers more pointed questions when vetting new export financing proposals or renewals of such funding

EV adoption surges in developing nations, challenging oil demand narrative

Like the EV surge in Gulf oil nations, it signals a rapid global shift to electric mobility, making OPEC's forecast of a 50% rise in developing nations' oil use by 2050 seem unrealistic

Computer-driven traders bullish on stocks while humans remain bearish

Wall Street offers a lot of confident predictions, but the reality is nobody knows what will happen with President Donald Trump's trade agenda or the Federal Reserve's interest-rate policy

US core inflation likely to increase as higher tariffs push up prices

The core consumer price index, regarded as a measure of underlying inflation because it strips out volatile food and energy costs, rose 0.3 per cent in July