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Category 1 hurricane Lala lashes Hawaii's Big Island, but avoids landfall

While the Big Island has gone more than a century without a hurricane strike, Hawaii isn't immune to tropical storms

UK inflation set to rise as AI chip crunch, energy costs add pressure

Data on Wednesday are set to show inflation accelerating for the first time in four months, with the median economist estimate in a Bloomberg survey predicting a 2.9% jump in July

Why landing first job is getting tougher and more expensive in UK

AI is eroding traditional entry-level roles as companies cut graduate hiring, leaving young workers to turn to unpaid work, internships and costly career coaching to gain experience

Bond traders agonise over $70 bn of shadow credit backstops for AI firms

With its latest move, Nvidia is poised to provide potentially tens of billions of dollars of what's called "residual value" support for debt deals tied to the artificial intelligence build out

Iran, Oman edge closer to Hormuz shipping routes deal as war continues

The move follows a series of attacks in Hormuz, through which a fifth of the world's oil and gas transited before the war

Alibaba's Qwen AI models cross 3 billion downloads, overtake Meta, Google

Alibaba says its open-weight Qwen models have topped 3 billion downloads in six months, with more than 460 models and 300,000 derivatives as Chinese AI gains global traction

Trump dismisses concerns over USS Abraham Lincoln crew's long deployment

Families of sailors and Marines aboard the aircraft carrier have raised concerns over food shortages, contaminated water and poor living conditions as its West Asia deployment nears nine months

Amazon's new user agreement seeks to curb class-action suits by shoppers

The e-commerce giant said its updated terms require customers to resolve most disputes through arbitration, while retaining the option to pursue eligible claims in small claims court

Elon Musk's SpaceX completes $60 billion acquisition of AI startup Cursor

The deal became effective on Aug. 14, according to a regulatory filing, two months after SpaceX formally announced it had agreed to acquire the company.

Houthis hit Saudi's Aramco Jazan refinery for second time in a week

The Houthis said two drones hit the Saudi Aramco refinery in Jazan, days after an earlier attack set a crude storage tank ablaze.

India urea offers fall 12% as fertiliser supplies recover from war shock

Offers for India's latest urea tender were 12% below June's purchase price, signalling that the war-driven squeeze on global fertilizer supplies is easing.

China's Z.ai to rival Anthropic, OpenAI in coding with new AI model

The next iteration from the Beijing-based company, GLM-5.3, will bring improved coding capabilities that will help it close the gap on AI leaderboard toppers like Anthropic's Fable 5, the company said

India less exposed to AI job risks than others, says Goldman Sachs

The impact will be limited compared to many other countries, said Goldman Sachs Group's Chief India economist Santanu Sengupta

Family members, top executives, emerge as contenders to lead Tata Sons

Apart from Tata Steel's TV Narendran, CEOs of group cos such as Tata Power's Praveer Sinha, Tata Motors PV Ltd's Shailesh Chandra and Tata Chemicals Ltd's Ramakrishnan Mukundan are in the early list

ICICI Bank joins Indian banks chasing dollar loans as demand swells

The nation's second-largest private lender first signed a loan agreement with Bank of America Corp. for about $1 billion

Trump admin to roll out 'economic isolation' plan for Iran next week

Iran's economy has already taken a significant hit from the war, with much of its industrial capacity destroyed and crude exports severely curtailed by the US blockade

2026 likely the hottest year on record driven by El-Nino, say experts

El Nino brings powerful consequences for the globe, drying out some regions, like Western and Southern Africa, Australia and India, while potentially raising rainfall in others, such as southern US

India's fertilizer squeeze forces rethink of legacy of overuse amid war

The country's farmers use more urea than the US and Brazil combined, buoyed by government support that keeps prices well below market rates

Bengaluru startup bets on cancer-sniffing dogs and AI for early detection

Dognosis is repurposing the canine sense of smell, traditionally used to detect drugs or explosives, for low-cost health screening and aiming to make early detection accessible to far more people

AMD plans to raise as much as $5 billion from debt offering: Report

The debt offering comes as AMD ramps up spending to meet surging demand for computing capacity driven by the AI boom.