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Apple likely to 'pay' OpenAI for ChatGPT through distribution, not cash

Apple's deal with OpenAI isn't exclusive, and the iPhone maker is already discussing offering Google's Gemini chatbot as an additional option. That agreement should be in place later this year

Citigroup sees India's allure enticing global bond funds to stay put

India's debt yields are higher than China's or the US, and its economy is the fastest-growing among the Group of 20. There's little reason for active investors who've poured money in to reverse course

Here's a list of all major legal battles Musk and his companies are facing

Musk, who has a history of sparring with regulators, also faces government investigations into his companies that could result in more lawsuits or even criminal prosecutions

It's Dubai vs Abu Dhabi in race for supremacy in family office riches

That question - Abu Dhabi or Dubai? - is a common one among billionaires, fund managers, startup founders, trust attorneys and even fraudsters who are either in or seeking a slice of the insular world

Samsung unveils technology road map to lure AI chip makers to its mfg biz

Though Samsung is the world's No. 1 memory-chip maker, it has been trying to catch up with rival Taiwan Semiconductor Manufacturing Co. in the foundry market

Boeing to face FAA scrutiny for foreseeable future after mid-air blowout

The FAA will also keep closer tabs on other aerospace manufacturers with more active, in-person oversight to supplement the agency's audits, Whitaker said

India will need to build 100 mn homes this decade amid rising incomes

In 2023 about 600,000 primary homes were built in India and even a fast pace of growth in the construction sector would struggle to meet the demand for 100 million homes

Ceasefire push, war aid talks on cards as G7 summit begins today in Italy

The wording by the G-7, specifically name-checking Biden, appears designed to corner PM Benjamin Netanyahu into formally accepting the cease-fire proposal on which he's also been equivocating

US inflation broadly cools in encouraging sign for Federal Reserve

The so-called core consumer price index - which excludes food and energy costs - climbed 0.2% from April, Bureau of Labor Statistics figures showed

Indian stocks rebound from Lok Sabha election upset fastest in a decade

The rebound reflects the unwavering confidence among retail investors and their belief that local stocks will continue to reward them after rising for eight straight years

EU to imposes tariffs of up to 48% on electric vehicle imports from China

China has threatened retaliation across agriculture, aviation and cars with large engines. Beijing has already launched an investigation into some types of European liquor.

Haldiram's exploring IPO as plans to sell to foreign investors stall

IPO considerations are preliminary and the controlling shareholders may still decide to lower their asking price and proceed with a sale

Stocks of businesses in Andhra emerge surprise winners in post-poll rally

N. Chandrababu Naidu, the chief of the regional Telugu Desam Party, emerged as the biggest ally after Modi's party lost its majority and was forced to rely on its partners to stay in power

Global money tiptoeing back into Indian equities after new govt formation

About $1.2 billion flowed into the country's stocks through exchange-traded funds and mutual funds in the week ended June 5 - the day Modi secured the coalition

Li-ion battery plants being built to flood mkts with more cells than needed

Manufacturers have announced so many new factories that capacity will outstrip demand for the rest of the decade

Slowdown in EV sales steers the world further off course from net zero

The outlook for fully electric vehicles has markedly deteriorated in the past year. BNEF began the 2023 edition of its EV Outlook by highlighting the profound transformation

Insurance helped 46,000 women avoid deadly work during heat waves in India

With climate change raising temperatures during heat waves, millions of Indians face a difficult choice: work in dangerous conditions or go hungry

Byju's hedge fund ally can avoid arrest if he helps locate $533 million

The missing money is at the heart of a dispute between lenders owed $1.2 billion and the startup founded by entrepreneur Byju Raveendran

Pakistan likely to hike taxes in budget to bolster chances of IMF loan

"Everyone will have to contribute in this economy because schools or universities or hospitals can run with philanthropy but countries can only run through taxes," Pak Finance Minister Aurangzeb said

Elon Musk drops lawsuit accusing OpenAI of breaching founding mission

Musk was an early backer of the startup and part of its founding team, before he had a falling out with the company