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It's time for 'younger voices', says Biden in his Oval Office address

Biden acknowledged the difficulty of his decision, saying he revered the office. But ultimately, the president said he believed he needed to unite his party and put aside personal ambition

Elon Musk's poll shows most want Tesla to invest $5 billion in startup xAI

Musk set up xAI in early 2023, months after OpenAI ushered in the AI boom with the launch of ChatGPT

Typhoon Gaemi approaches China after pounding Taiwan, Philippines

Taiwan Semiconductor Manufacturing Co., the main chipmaker for Apple Inc. and Nvidia Corp., said it was taking routine precautions for its local fabrication facilities

LVMH sales growth slows as China's slump weighs on luxury spending

Shares in LVMH Moët Hennessy Louis Vuitton SE fell as much as 5.2per cent in early Paris trading, the biggest intraday decline since October

Vedanta Resources seeks partners to develop Zambia mines it's regaining

The company seeks partners to carry out exploration, development and production as part of a $1 billion investment plan at the Konkola Copper Mines assets, it said

Video mkt's revenue to hit $13 bn by 2028 with streaming industry's support

The video entertainment economy is expected to post 8 per cent annual growth through 2028, fueled by premium on-demand streaming, it said

RIL gets US nod to resume crude imports from Venezuela despite sanctions

India's largest privately owned refiner plans to start purchasing Venezuelan crude soon, said the people, who asked not to be named as the information is not public

India likely to amend rules to check hot flows on bond index entry

Central bank has designated class of bonds that can have full foreign ownership, JPMorgan Chase & Co. has included securities from this set of bonds into its emerging markets index that India joined

India needs to monetise assets to support spending, says JPMorgan

The federal budget released Tuesday targeted a smaller fiscal deficit for this year on the back of a record dividend from the Reserve Bank of India

Crowdstrike blames defect in content update for massive global IT crash

The incident crashed Microsoft Windows computer systems around the world on Friday, taking down airline, banking and stock exchange operations from Australia and Japan to the UK

Nipah virus flares up in Kerala again: Here's what to know about symptoms

The brain-damaging virus, which can spread from bats and pigs to humans, has surfaced in Kerala several times in recent years

India's economic activity expands in July, services PMI rises to 61.1

The indexes are based on preliminary survey results and are a signal of business confidence in the economy

US election: Musk confirms giving 'some' donations to pro-Trump super PAC

In tweets on his X social media platform, Musk acknowledged that he had donated to America PAC, which focuses on get-out-the-vote efforts

Hackers leak documents from US Pentagon's IT provider Leidos, probe begins

Leidos recently learned of the issue and believes the documents were stolen in a previously disclosed breach of a Diligent Corp. system it used, said the person, who asked not to be identified

Tesla's profit falls short again as Elon Musk demands investor patience

The electric vehicle giant won't unveil a highly anticipated robotaxi until Oct. 10 - and that will only be a prototype

Alphabet's revenue exceeds expectations, boosted by cloud computing

The tech giant is also providing cloud-computing services to fast-growing startups, fueling consistent profitability for that business after years of losing money

US election: Democrats finalise plan to nominate Harris before convention

President Joe Biden threw his support behind the vice president shortly after announcing he would no longer seek the nomination despite winning 99 per cent of the pledged delegates

Zuckerberg's Meta aims to rival OpenAI, Google with new Llama AI model

Meta uses its Llama models to power its AI chatbot, called Meta AI, which operates inside its apps, including Instagram and WhatsApp, and also as a separate web product

Houthi sea-drone strikes on vessels require armed-guards review: India

India's Directorate General of Shipping said in a notice on its website that the recent spate of sea-drone attacks has raised the question of how effective some private security providers are

Alphabet results to set tone for big tech on advertising, cloud: Report

Alphabet, which has gained more than 16% since its blowout first-quarter report, needs to show that spending on AI is continuing to drive revenue in its cloud and advertising businesses