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Israeli military intel goes back to basics with focus on spies, not tech

The plan is to rely less on technology and instead build a cadre of spies and analysts with a broad knowledge of dialects - Yemeni, Iraqi, Gazan - as well as a firm grasp of radical Islamic doctrines

Philippines' Marcos eyes India trade, defence in talks with PM Modi

Marcos' visit to India also comes at a time when the two nations, which face a similar security concern are improving defense ties

China factory activity shrinks in July, S&P index dips below 50 mark

The S&P Global manufacturing purchasing managers' index for China fell to 49.5 from 50.4 in June

Trump pushes Harvard for steep deal, $500 mn just a starting point

One of the Trump administration's key demands is that Harvard allow a jointly approved resolution monitor to oversee compliance

Trump demands pharma companies slash US prices in blow to industry

In the letters, sent to Eli Lilly & Co., Novo Nordisk A/S, Pfizer Inc. and others, Trump insisted companies immediately lower what they charge Medicaid for existing drugs

Asia factory outlook at pandemic low amid Trump's sweeping tariff rollout

Confidence in future output across the region fell to the lowest since July 2020, according to S&P Global purchasing managers' index data

Southwest replaces Chairman Rakesh Gangwal after less than one year in job

Doug Brooks, a Southwest board member for more than 15 years, has been tapped for the chairman job

Meta ramps up AI spending as strong ad revenue supports bold strategy

Investors cheered the plan, sending shares up as much as 12 per cent to $779.34 after markets opened in New York on Thursday

Trump gives Mexico 90-day tariff hike relief to continue trade talks

President Sheinbaum described the conversation with Trump as "really good" and said both countries have 90 days to build a long-term deal

US importers in limbo as chaotic Trump tariffs lack clear guidance

US importers and customs brokers face confusion as Trump's new tariffs lack formal notices, leaving key implementation details unclear and risking delays, penalties, and costly compliance issues

JLR CEO Adrian Mardell retires amid backlash over Jaguar rebranding

Mardell's departure marks the latest CEO change at a major automaker after new leaders for Renault SA, Stellantis NV and Volvo Car AB

China summons Nvidia over H20 chip security after US trade deal talks

The Cyberspace Administration of China called company representatives into a meeting to discuss what it deemed serious security vulnerabilities with the artificial intelligence chip

Indian oil refiners scramble for crude amid US, EU crackdown on Russia

A major buyer of Russian oil, India is now finding itself blindsided by a more aggressive approach to the Kremlin from both Washington and Brussels

Trump's tariffs threaten to deepen India's $248 bn stock market rout

India's stock benchmark has lagged most major global peers this year amid concerns over a slowdown in its economy and corporate earnings

Jane Street seeks 6 more weeks to reply to Sebi in options trade case

The Securities and Exchange Board of India is considering granting about four more weeks to the US trading firm

China launches global AI body to rival US in $4.8 trillion tech race

No nameplate for the US was seen by Bloomberg News. The US Embassy in Beijing declined to comment on any official presence

India's refiners seek clarity on Russian oil buys after Trump post

On Wednesday, the US President said that he would impose a tariff rate of 25 per cent on India's exports to the US starting on Aug 1

World Bank plans securitisation, debt swaps to boost development

"We can't do project by project," Banga said of the securitisation plans. "We don't have 100 years."

Italy said to support breakup of Iveco with sales to Tata, Leonardo

Prime Minister Giorgia Meloni's government has privately signaled it would back the proposed transaction as long as Iveco's strategically important defense unit is sold to a group led by Leonardo

UCLA to pay more than $6 million to settle lawsuit on antisemitism

UCLA became a flashpoint in spring 2024 as campus protests escalated nationwide over Israel's war against Hamas in Gaza