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Oil mkt braces for a weeks-long disruption to shipping in southern Red Sea

Suezmax ships - so-called for their ability to sail full through the canal that links Asia and Europe - are up about 50% to almost $70,000 a day

Donald Trump suggests Nikki Haley out of running for VP pick as insults fly

Haley served as UN ambassador under Trump and the two fell out after she announced that she would run for the Republican nomination

Musk's AI startup secures $500 million toward $1 billion funding goal

Elon Musk's artificial intelligence company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, according to people with knowledge of the talks

Russia-linked group attacked corporate systems, hacked emails: Microsoft

The group that Microsoft deemed responsible, also known as "Nobelium," is a sophisticated nation-state hacking group that the US government has tied to Russia

Apple pay tech opened up to rivals in bid to settle European Union probe

The European Commi­ssion announced Friday that it's seeking feedback from Apple's payment rivals

Joe Biden hits out at Trump, says former US prez wants stock market crash

"He wants to see the stock market crash" because he does not want to acknowledge the economy is now performing well, Biden said

Rising interest rates threaten India's credit growth, pressure margins

While Samsung Electronics Co. disappointed last week, the country's chip output and shipments grew the most in years in November, reviving optimism about the outlook

PepsiCo veteran of 32 years defects to Wendy's as chief executive officer

North America beverages made up more than 30 per cent of PepsiCo's revenue in the most recent quarter, making it the biggest division by that measure

Suspicions arise on accuracy of China's official GDP growth data: Report

One divergence centers around Beijing's investment data, which shows surging manufacturing and infrastructure spending outweighed the drag from property

Red Sea unrest disrupting world's fragile food supply, inflation

If disruptions worsen, they could stall the slump in food-commodity costs that had started to filter through to cheaper grocery bills

BlackRock's Bitcoin ETF first to cross $1 billion threshold in inflows

Investors deposited $371 million in the fund on Wednesday, pushing IBIT past the milestone, data compiled by Bloomberg show

OpenAI coup less stressful than superintelligent AI, says CEO Altman

Altman's ouster by the board in November was "a microcosm of it, but probably not the most stressful experience we ever face," he said

Ads running on Meta saw return on spending increase by 32% with help of AI

Ads using AI also reduced the cost of acquisition by about 17%, Mendelsohn said in an interview with Bloomberg Television from the World Economic Forum in Davos on Thursday

Alaska Air passengers sue airline over 737 Max 9 door blowout incident

"Alaska Airlines breached its duty to its passengers by failing to ground" the plane before the flight, lawyers for the passengers said in the new complaint

Meta's Director, former COO Sheryl Sandberg to leave board after 12 years

During her time at the tech giant, which also owns Instagram and WhatsApp, Sandberg was key to turning the social network into a money-making machine

Boeing wins order for 150 Max jets from Akasa amid recent mid-air blowout

Akasa Air, which began flying commercially less than two years ago, made a firm purchase for the 737 Max 10 and Max 8-200 planes to be delivered through 2032, the carrier announced

HDFC seeks Singapore bank licence to open its 1st branch in the country

The bank has applied to the Monetary Authority of Singapore for a banking licence and is awaiting approval, according to sources familiar with the matter.

Tata unit Agratas in India in talks for green loan of up to $500 million

The wholly owned subsidiary of Tata Sons Pvt Ltd develops battery cells, with factories in India and the UK. Its facilities are designed to be powered by clean energy, according to company's website

Apple has to stop selling smartwatches with blood oxygen feature in US

The ruling means the company has to stop selling the watches with the oxygen measurement feature while an appeal of the ban plays out - a period that Apple believes could last a year or more

More global money will flock to India post general elections: Goldman

India's stock benchmarks, trading at record highs, just clocked their eighth straight year of gains as investors bet on the country's booming economic growth prospects