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Bloomberg

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Elon Musk's 'relentless' campaign to undermine us must stop, says OpenAI

In a lawsuit filed last year, Musk accused OpenAI of straying from its original nonprofit mission by accepting billions in funding from Microsoft in 2019, a year after he stepped down from its board

Elon Musk's 'relentless' campaign to undermine us must stop, says OpenAI
Updated On : 10 Apr 2025 | 8:03 AM IST

Sebi chief assures of no systemic risk despite tariff-induced selloff

Pandey - who took charge of Sebi last month - touted the country's settlement system as unique where trade clearing houses of both the National Stock Exchange of India Ltd. and BSE Ltd

Sebi chief assures of no systemic risk despite tariff-induced selloff
Updated On : 09 Apr 2025 | 11:23 PM IST

Delta CEO says won't pay tariffs on Airbus planes, cites trade tensions

Delta Chief Executive Officer Ed Bastian said he has been 'very clear' with Airbus and would defer any deliveries with the additional expenses

Delta CEO says won't pay tariffs on Airbus planes, cites trade tensions
Updated On : 09 Apr 2025 | 10:05 PM IST

EV maker Ather considers cutting IPO size by $50 mn amid market chaos

Ather is still planning to go ahead with the IPO in the coming weeks despite the fresh volatility in global stock markets

EV maker Ather considers cutting IPO size by $50 mn amid market chaos
Updated On : 09 Apr 2025 | 12:15 PM IST

Trump's reciprocal tariffs take effect hiking trade levies to 100-year high

Trump is imposing tariffs on China as high as 104 per cent along with import taxes on roughly 60 trading partners that run trade surpluses with the US

Trump's reciprocal tariffs take effect hiking trade levies to 100-year high
Updated On : 09 Apr 2025 | 10:27 AM IST

US tariffs to significantly hit Asia, says ADB, urging regional cooperation

The multilateral institution suggested countries in the region cooperate and engage in more trade between themselves, a trend that is already underway in Asia

US tariffs to significantly hit Asia, says ADB, urging regional cooperation
Updated On : 09 Apr 2025 | 8:44 AM IST

Trump admin freezes funding to Cornell, Northwestern over rights concerns

Trump has taken actions to toughen federal oversight over US higher education, including drastically reducing the billions of dollars in federal research funding schools receive

Trump admin freezes funding to Cornell, Northwestern over rights concerns
Updated On : 09 Apr 2025 | 8:38 AM IST

Samsung shares jump after strong Galaxy S25 smartphone sales boost profit

Demand for servers using the company's high-density DRAM also bolstered profit, although the outlook for both smartphones and AI components has become murkier over the last week

Samsung shares jump after strong Galaxy S25 smartphone sales boost profit
Updated On : 08 Apr 2025 | 11:32 PM IST

Global bond markets shift as US treasuries face competition from Europe

One early test comes Tuesday, when the US government is set to sell $58 billion of three-year securities, followed by 10- and 30-year maturities later this week

Global bond markets shift as US treasuries face competition from Europe
Updated On : 08 Apr 2025 | 11:23 PM IST

Musk slams Trump's trade adviser Navarro, calls him 'truly a moron' on X

The missives were the latest volley in an increasingly bitter spat between the two that broke out after Trump last week announced that he was imposing a minimum 10% tariff on most imports

Musk slams Trump's trade adviser Navarro, calls him 'truly a moron' on X
Updated On : 08 Apr 2025 | 8:44 PM IST

Shriram Finance seeks RBI nod to underwrite govt debt, trade in securities

The consumer loan provider has sought the Reserve Bank of India's approval to set up a primary dealership, for which it plans to launch a separate entity

Shriram Finance seeks RBI nod to underwrite govt debt, trade in securities
Updated On : 08 Apr 2025 | 10:27 AM IST

Warren Buffett's 2025 wealth gains stand out amid billionaire wipeout

Buffett's net worth has climbed $11.5 billion this year to $153.5 billion, according to the Bloomberg Billionaires Index

Warren Buffett's 2025 wealth gains stand out amid billionaire wipeout
Updated On : 08 Apr 2025 | 7:58 AM IST

Apple customers dash to stores to buy iPhones ahead of Trump tariffs

Employees from different Apple locations across the country said stores filled with customers over the weekend

Apple customers dash to stores to buy iPhones ahead of Trump tariffs
Updated On : 08 Apr 2025 | 7:58 AM IST

Microsoft fires 2 employees who protested during company's 50th anniversary

The company informed Aboussad that her employment had been terminated due to 'acts of misconduct'

Microsoft fires 2 employees who protested during company's 50th anniversary
Updated On : 08 Apr 2025 | 7:33 AM IST

Trump tariffs: US consumers will resent losing access to quality goods

The average American citizen is as unprepared for being cut off from world markets as US institutions are for the assault of a populist strongman

Trump tariffs: US consumers will resent losing access to quality goods
Updated On : 08 Apr 2025 | 7:28 AM IST

US immigration quietly revoking student visas from Harvard to Stanford

The recent cancellations often discovered by schools only after federal immigration records are updated have affected both students and recent graduates

US immigration quietly revoking student visas from Harvard to Stanford
Updated On : 08 Apr 2025 | 7:23 AM IST

Donald Trump, Pete Hegseth tout record $1 trillion US defense budget

We are very cost conscious but the military is something that we have to build and we have to be strong because you have a lot of bad forces out there now, Trump said

Donald Trump, Pete Hegseth tout record $1 trillion US defense budget
Updated On : 08 Apr 2025 | 7:17 AM IST

China floats interest rate cuts, industry aid to counter Trump tariff hit

The reserve requirement ratio for financial institutions and the central bank's policy rates can be cut anytime going forward, the state-owned People's Daily said in a commentary on Sunday

China floats interest rate cuts, industry aid to counter Trump tariff hit
Updated On : 07 Apr 2025 | 11:15 PM IST

Singapore PM Wong warns of trouble as US tariffs threaten global trade

Senior Minister Lee Hsien Loong, who stepped aside as prime minister in May after two decades in the job, followed with remarks of his own at a community event on Sunday

Singapore PM Wong warns of trouble as US tariffs threaten global trade
Updated On : 07 Apr 2025 | 11:14 PM IST

Ola's February sales added e-motorbikes which haven't even hit the road yet

Ola Electric Mobility Ltd. counted its yet-to-be launched electric motorcycles and e-scooter bookings in its February sales number

Ola's February sales added e-motorbikes which haven't even hit the road yet
Updated On : 07 Apr 2025 | 10:47 PM IST