Bloomberg
Bloomberg
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Tesla tightens rules to limit shareholder suits after Musk pay battle
Tesla changed its bylaws to require investors to hold at least 3% of shares to file or maintain a derivative lawsuit, aiming to limit future legal challenges like those over Musk's pay package
 "Tesla tightens rules to limit shareholder suits after Musk pay battle")
White House slams Moody's downgrade to US credit as 'political decision'
Trump has argued that his economic agenda, centered on tax cuts, reduced regulations and sweeping tariffs to bring more manufacturing jobs to the US, would promote strong growth
 "White House slams Moody's downgrade to US credit as 'political decision'")
India offered to cut US tariffs, but we are not rushing a deal: Trump
Trump cited India as an example of a country where he's seeking to slash barriers to US exports during an interview with Fox News host Bret Baier that aired Friday
 "India offered to cut US tariffs, but we are not rushing a deal: Trump")
Putin still holds all the cards in Ukraine, with no reasons to fold
The Ukrainians surely felt a surge of alarm on hearing Trump's latest pronouncement, that peace will only come when he and Putin meet face-to-face
 "Putin still holds all the cards in Ukraine, with no reasons to fold")
Shapoorji Pallonji group inks record $3.4 billion private credit deal
The three-year, zero-coupon rupee bond has an annual yield of 19.75 per cent. Proceeds will primarily be used to refinance existing debt
 "Shapoorji Pallonji group inks record $3.4 billion private credit deal")
Donald Trump says US to set tariff rates for other nations in weeks
Trump said Friday that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick 'will be sending letters out essentially telling people'
 "Donald Trump says US to set tariff rates for other nations in weeks")
Global funds return to India as Trump-era trade bets boost equities
The NSE Nifty 50 Index surged to its highest level since October this week, fueled by optimism that India could be among the first to strike a deal with the US
 "Global funds return to India as Trump-era trade bets boost equities")
Ice cream burning holes in your pocket? The humble coconut is to blame
The causes behind the rally are a window into the interconnected world of commodities, where seemingly unrelated factors collide
 "Ice cream burning holes in your pocket? The humble coconut is to blame")
Greenko founders eye fresh deal to acquire Orix's stake despite pullout
Anil Chalamalasetty and Mahesh Kolli, co-founders of Greenko, are tweaking the deal structure to pave the way for the acquisition to proceed
 "Greenko founders eye fresh deal to acquire Orix's stake despite pullout")
WEF courts Christine Lagarde as next leader after founder's abrupt exit
As the board deals with the fallout, it still sees Lagarde as the top candidate and has held internal discussions on the matter since Schwab's resignation last month
 "WEF courts Christine Lagarde as next leader after founder's abrupt exit")
Donald Trump to keep 30% China tariffs through late 2025, say analysts
US levies on Chinese products imposed this year will likely hold at 30 per cent through late 2025, according to a Bloomberg survey
 "Donald Trump to keep 30% China tariffs through late 2025, say analysts")
Billionaire Lakshmi Mittal buys mansion in 'Beverly Hills of Dubai'
The India-born billionaire snapped up a palatial home in a gated community known as the "Beverly Hills of Dubai," said the people
 "Billionaire Lakshmi Mittal buys mansion in 'Beverly Hills of Dubai'")
Microsoft layoffs hit software engineers hardest amid rising AI spend
Microsoft on Tuesday said it would cut about 6,000 workers across the company. The Washington state data represents about a third of the total
 "Microsoft layoffs hit software engineers hardest amid rising AI spend")
Covid-19 cases spike in Hong Kong, S'pore as new wave spreads across Asia
Covid's comeback just as much of the northern hemisphere enters into summer shows the virus can still sicken a large swath of the population even when the weather is hot
 "Covid-19 cases spike in Hong Kong, S'pore as new wave spreads across Asia")
Russian researcher at Harvard University charged for smuggling frog embryos
Petrova, 31, has been held in custody since mid-February, when customs agents detained her at Boston's Logan Airport
 "Russian researcher at Harvard University charged for smuggling frog embryos")
US-China trade war risks making Europe dumping ground for cheap goods
As Europe tightens checks to block a surge of Chinese goods redirected from the US, data show China's trade surplus with the EU hit a record $90 billion in the first four months of 2025
 "US-China trade war risks making Europe dumping ground for cheap goods")
Harvard President Alan Garber takes 25% pay cut amid Trump funding row
The US terminated $450 million in grants to Harvard this week, after earlier freezing more than $2.2 billion in funding
 "Harvard President Alan Garber takes 25% pay cut amid Trump funding row")
RBI pushes lenders to revive funding market vital for monetary policy
While overall money-market turnover has risen to an average $70 billion a day, interbank trades account for just 2 per cent of that, down from 20 per cent a decade ago
 "RBI pushes lenders to revive funding market vital for monetary policy")
NSE closes probe into Jane Street trades flagged for unusual activity
The transactions in question involved rapid reversals of trades, sometimes at prices far above or below prevailing market rates
 "NSE closes probe into Jane Street trades flagged for unusual activity")
Shapoorji Pallonji Group nears record $3.4 billion private credit deal
Talks are for the three year, zero coupon rupee bond to carry an annual yield of 19.75%, and the loan to value ratio is 16%
