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India, Brazil push back against China's bid to rapidly expand BRICS

Dozens of other nations are also clamoring to join the alliance, fueling western concerns the group is moving to become a counterweight to Washington and the European Union

Adani Group returns to loan market as investor confidence improves

The Indian group is in talks with Barclays Plc, Deutsche Bank AG and Standard Chartered Plc to borrow between $600 million and $750 million to refinance the debt taken on to finance its purchase

Meta has rare opportunity to seize momentum with Twitter rival 'Threads'

Threads could help bring the center of internet culture back to Meta, once again making it a place where things happen first

US well clear of recession, Q2 GDP growth at 2.4%; beats Street estimates

The Fed staff is no longer forecasting a recession, Chair Jerome Powell said Wednesday after the central bank raised interest rates by a quarter percentage point

Adani group lenders may offer $750 million loan for Ambuja debt

Gautam Adani's conglomerate is also in discussions with other lenders, as it seeks to refinance as much as $3.8 billion of a loan facility taken for its Ambuja acquisition

Niger army on standby to hit back after coup bid, says presidency

Bazoum has been detained by 'coup plotters' who are attempting to seize power by force, the 15-nation Economic Community of West African States said in a separate statement

Nolan's Oppenheimer could lead to more useful discussions for Japan

Christopher Nolan's blockbuster biopic was released in the US just after the anniversary of the Trinity test, the culmination of the Manhattan Project on July 16, 1945

Private fundraising in Asia Pacific may hit 10-year low, says Preqin

Funds raised in the region in the first half of 2023 accounted for 22% of last year's total, Preqin analysts wrote in a quarterly report

Rice export ban: India can't lead the global south and not feed it

New Delhi's justifications for its decision are familiar: rising food prices at home, with a general election looming next year

Population of Japanese citizens falls in all 47 prefectures for first time

While number of registered foreign residents ticked up by about 300,000 to almost 3 million, it was not enough to make up for the shortfall in Japanese nationals. The overall population shrank by 0.4%

Wall Street's use of AI and Data analytics faces new SEC restrictions

The US Securities and Exchange Commission approved a plan on Wednesday to root out what Chair Gary Gensler has said are conflicts of interest that can arise when financial firms adopt technologies

Tottenham owner Lewis surrenders to face charges in insider trading case

Lewis faces more than a dozen counts of securities fraud for alleged brazen conduct that spanned about eight years

Google, OpenAI to create industry watchdog to ensure safety of AI models

The effort, also backed by AI startup Anthropic and Microsoft, aims to consolidate the expertise of member companies and create benchmarks for the industry

Amazon Cloud unit enters health care AI market, adds chatbot tools

AWS also announced it will be adding more business-intelligence tools to its QuickSight product, which competes with Microsoft's PowerBI and Salesforce Inc.'s Tableau

Microsoft's Azure slowdown offsets optimism about AI growth; shares down 3%

Nadella has unveiled an array of new AI programs - based on models from partner OpenAI - for most of Microsoft's major product lines, and demand has been strong for internet-based services

Star founder Raveendran broke down in tears as crises engulfed Byju's

Without easy access to global capital, companies are now facing greater scrutiny over corporate governance, jeopardizing India's quest to pull even with the US and China as a tech capital of the world

Cost of expat pay packages jumps in Singapore, drops in Hong Kong

Total pay and benefits packages for average expat middle managers in Singapore rose to $258,762, mainly due to higher rental costs

Women workers to be impacted more than men by AI wave, says McKinsey

That's one of the takeaways from a new report by the research arm of consultants McKinsey & Co. that examines US labor-market trends through the end of 2030

Ouster of Xi Jinping's handpicked foreign minister halts rising career

The former Chinese ambassador to the US became his nation's shortest-ever serving foreign minister on Tuesday, after China's top legislative body stripped him from the post

Elon Musk pursues financial services in wake of rivals' failed attempts

US tech companies have struggled in their attempts to take on banking behemoths, often scaling back their ambitions in the face of competition and protracted approval processes