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Apple set to sell 6 million iPhone Duos in 2026: Counterpoint Research

The figure, more typical of niche foldable segment than Apple's usual smartphone sales, is contingent on how well the company ramps up production of the new hardware, Counterpoint senior analyst said

OpenAI eyes raising $30 billion in funding at $1.4 trillion valuation

The firm is seeking a valuation of around $1.4 trn, not including the money raised, said the people, potentially vaulting it back above longtime rival Anthropic's most recent private market valuation

Record quarter primes India IPO market for another blockbuster year

Listing proceeds surpassed $9 billion in July-September, the most ever for the period, according to data compiled by Bloomberg

Trump backs independent AI audits in shift toward stronger safety measures

Under the agreement forged at a White House lunch Tuesday with nearly two dozen top tech industry executives, AI companies also committed to regularly meet to set best practices for the industry

China's factory activity rebounds in Sep with stimulus lifting outlook

The official manufacturing purchasing managers' index was 50.1 in September, up from 49.8 in August and in line with the forecasts of economists surveyed by Bloomberg

AI may force 11 million workers into new jobs by 2035, says McKinsey

Roughly 11 million American workers, or about 7% of the current workforce, may need to change jobs by 2035 because of artificial intelligence-related displacement, according to the report

Global AI industry needs to earn $6 trillion to justify data centres: Bain

The report comes as debate intensifies around the as-yet elusive returns for AI service providers

Gujarat Themis secures $58 million private credit for Japanese acquisition

Founded in 1981, Gujarat Themis is India's first company to start commercial production of the anti-tuberculosis drug Rifampicin, according to its website

Sydney data centre plan scrapped by developer after community backlash

Goodman Group withdrew plans for a A$443.8-million data centre in Sydney's Lane Cove after residents raised concerns over its impact on homes, schools and local infrastructure

Larry Ellison pledges $9.2 billion more in Oracle shares for loans

The share pledges, revealed in an Oracle filing on Friday, amount to a 19% increase in the number of shares Ellison has pledged since 2025. The stock is worth about $9.2 billion

China broadens travel curbs to encompass family of top AI talent

That marks a broadening of existing curbs on the freedom of movement of China's most influential tech talent - a category that encompasses entrepreneurs, researchers and executives

Indian executives strengthening presence in US corporate boardrooms

A record 16 Indian men joined S&P 500 boards this year, taking directorships at companies including Walmart Inc., Southwest Airlines Co. and Western Digital Corp., according to data

JCB makes first leadership change in 50 yrs, names George Bamford co-chair

Anthony Bamford, the founder's son, has been chairman since 1975 and oversaw JCB's transformation from a predominantly British manufacturer into a global business

Coal stocks at power plants plunge as hydro, solar output weakens

The government has mandated companies with captive coal generation capacity of more than 50 megawatts to run the plants at full throttle and sell surplus electricity through exchanges

US, China release product lists under planned $30 billion tariff deal

The list for goods entering the US contains 77 entries, including fireworks, household products, sporting equipment and toys, according to documents published by both governments

HSBC makes big push for affluent clients in India to drive growth

The growth drive puts HSBC in more direct competition with larger local rivals including ICICI Bank Ltd. and Kotak Mahindra Ltd. for a slice of India's fast-expanding wealth pool

Looking 'very seriously' at banning US diesel exports, says Trump

Several farm-state lawmakers have urged Trump to limit US diesel exports during the peak of the fall harvest season

Four scenarios sketch ECB succession plan for post-Christine Lagarde era

Klaas Knot and Pablo Hernandez de Cos remain key contenders for the ECB presidency as European capitals prepare for negotiations over top central bank roles

Swiss voters reject bid to enshrine stricter neutrality in constitution

About 69% voted against the proposal, which sought to bar Switzerland from joining military alliances and imposing sanctions not approved by the United Nations

Bangladesh plans to raise up to $1 billion in debut sovereign bond sale

The debt sale comes as developing nations navigate higher global borrowing costs following recent rate hikes by the US Federal Reserve