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US inflation data may offer some comfort to the Fed, CPI may rise 0.2%

Compared with a year earlier, the Labor Department's underlying gauge is forecast to rise 4.8 per cent, according to the median projection in a Bloomberg survey of economists

China is losing out as global funds chase returns in Japanese stocks

Foreign buying of Japanese equities has exceeded that of Chinese peers for the first time since 2017, according to a Goldman Sachs Group Inc. report

Hollywood writers, studios trade barbs ahead of renewed negotiations

The parties traded barbs earlier in the week, three months into a strike that has largely shut down film and TV production across the country

Ukraine and its allies to woo the Global South at Saudi Arabia meeting

Zelenskiy would like the Jeddah meeting to pave the way for a summit of leaders backing the 10-point "peace formula" he released last year

Byju's lenders accused of using bogus loan-default claims to gain control

The distressed-debt lenders are "playing hardball" to create leverage in negotiations to restructure the loan and causing problems for Byju's executives

Numbers justify Fitch downgrade, says Blackstone CEO Steve Schwarzman

"The numbers justify it, regrettably," the Blackstone Inc. chief executive officer said on CNBC Friday

US adds 187,000 jobs, unemployment rate unexpectedly drops to 3.5%

US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with sustained labor demand that's at the root of renewed momentum in the economy

Fully remote work leads to 18% drop in productivity, shows research

The researchers, who studied newly hired data entry workers in India who were randomly assigned to either the home or the office, said that two-thirds of the drop in productivity was evident

Morgan Stanley reaches 70% of $1 trn of low carbon ESG funding goal

The Wall Street firm said in an ESG report this week that it has allocated $700 billion of financing, with more than $550 billion of that directed to green activities

Debt-burdened global leaders just love to hate ratings companies: Report

Countries run the gauntlet of rating companies because they're hard-wired into the global investment system

ECB's Philip lane sees inflation slowing significantly later this year

While price pressures won't hit the ECB's goal until sometime in 2025, the recent decline in energy will reduce costs across the economy before long, he said in a podcast produced by the central bank

Byju's Aakash unit forced to rework board after breaching loan agreement

Davidson Kempner, which manages more than $38 billion, forced the changes in Aaksah's board as the borrower was in breach of some covenants on a $250 million loan

Troubled Byju's misses target to amend its $1.2 billion loan terms

The company failed to decide on revisions sought by lenders in the loan's terms, including part repayment and higher interest payment

Apple, Samsung halt laptop imports to India after sudden restrictions

Regulators on Thursday surprised the world's biggest PC makers when they made licenses mandatory for import of electronics from small tablets to all-in-one PCs without a licence

Apple faces longest streak of sales slowdown in 2 decades as iPhone slumps

After the company reported a revenue decline of 1.4% in the fiscal third quarter, Chief Financial Officer Luca Maestri said on a conference call that Apple's performance would be similar this period

Google illegally cut contract staffers who worked on AI, alleges union

The Alphabet Workers Union accused the internet giant of violating federal labor law, which prohibits retaliation against employees for organizing

Apple hits record iPhone sales mark in India despite global slowdown

The company, which just opened its first stores in the country, is planning to extend its network in India as part of an Asia-wide thrust

Prices begin to pinch Turkey again, inflation jumps to nearly 48%

The median forecast in a Bloomberg survey of economists was 46.8 per cent Monthly inflation reached 9.5 per cent.

India considers allowing private companies to develop nuclear plants

State-run NTPC Ltd., the country's largest power producer, has emerged as a nuclear champion, betting big on SMRs as they're quicker to build and easier to adjust to grid requirements

Morgan Stanley cuts rating on China stocks, asks investors to take profits

Chinese assets have gotten a boost in recent days amid a slew of promises from Beijing to spur growth and revitalise the nation's flagging private sector