Page 178 - Bloomberg/workspace/business Standard Web/undefined

Buy calls are slowly vanishing from the booming stock market of India

The Nifty 200 index is valued at about 24 times its 12-month forward earnings estimates, versus last decade's mean of about 19 times

Suspected Donald Trump gunman charged with attempted assassination

Routh also faces two previous charges of being a felon in possession of a firearm and possessing a firearm with an obliterated serial number

Trump plans Texas oil country donor blitz to shrink money gap with Harris

Lawmakers in Congress are probing Trump's promises to oil executives earlier this year to roll back environmental regulations, during a meeting in which he asked donors to deliver $1 billion in suppor

Boeing gives workers' union additional time to vote on latest offer

Boeing's tactics have also puzzled some long-time observers of the planemaker's labor relations

OpenAI pitched White House on need of massive 5GW data center buildout

OpenAI said investing in these facilities would result in tens of thousands of new jobs, boost the gross domestic product and ensure the US can maintain its lead in AI development

Cash rich Middle East firms drive record capital investment Into China

Foreign investors pulled a record amount of money from China in the April-June period

China plans to add capital at big banks for first time in a decade

The plan included a broad-based cut to existing mortgage rates, adding to pressure on banks by lowering annual interest expenses by about 150 billion yuan ($21 billion)

Boeing crisis sparks US FAA to revamp safety programmes to avoid risks

FAA audits revealed a series of manufacturing and safety lapses at Boeing after a fuselage panel blew off a 737 Max jet shortly after takeoff in January

Boeing offers its largest union 30% wage hike in bid to end strike

Boeing said the terms are final and only valid until the end of Sept. 27, as it seeks to raise pressure on the other side to accept

Ex-Twitter worker wins fight with Elon Musk over unpaid severance

The resolution of the dispute, which was handled through arbitration, comes almost two years after Musk acquired Twitter for $44 billion and promptly fired over half of the staff

Visa faces US DOJ antitrust case over illegally monopolising debit card mkt

The government's allegations include that Visa made exclusive agreements to hinder the expansion of competing networks and thwarted efforts by technology companies to enter the market

Singapore to start landmark graft trial of former minister S Iswaran

The case against Iswaran, a former party member, is a test for a party that has long relied on its reputation for clean governance to win all elections since Singapore's independence in 1965

Rupert Murdoch's trust trial concludes with judge's ruling yet to come

Upon Murdoch's death, control of the trust was to be split among his four oldest kids. Instead, he has sought to give voting power to his eldest son, Lachlan

Lebanon sees deadliest conflict day since 2006 as Israeli strikes kill 492

Some 1,650 people were wounded in the strikes and about 100 women and children were among the dead, the Lebanese health ministry said

Sri Lanka's leftist President Dissanayake takes office as IMF worries grow

Dissanayake, 55, defeated opposition leader Sajith Premadasa after two rounds of counting in the country's first-ever runoff, sweeping Ranil Wickremesinghe, the previous president out of power

Prez Biden, PM Modi announce plans for new semiconductor plant in India

The proposed plant will make infrared, gallium nitride and silicon-carbide semiconductors

US' plan to curb Chinese EV software tech risk spreading much further

US officials are set to unveil a proposal to ban the use and testing of Chinese and Russian technology and equipment in automated driving and vehicle communications systems

NFRA, ICAI clash over proposed changes in auditor responsibility for firms

The NFRA's proposed change stems from the alleged audit failures at companies like Reliance Capital Ltd., Coffee Day Global Ltd

Economists urge China to ramp up housing rescue package to propel growth

The years-long real estate slump that's wiped out an estimated $18 trillion in wealth from households has been the single biggest challenge faced by the Chinese economy

TSMC, Samsung discuss building new semiconductor factories in UAE

Executives from TSMC, the world's largest chipmaker, have visited the UAE recently to discuss building a plant complex