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Jane Street to argue that retail demand drove its India options trades

Sebi's 105-page order highlights Jane Street's trades on Jan 17, 2024 - its most profitable day in a two-year period under review by the regulator

Gunman kills at least 5, self at NYC tower housing Blackstone, NFL offices

The incident set off a chaotic scene in Midtown Manhattan, with scores of police cars cordoning off the area and a helicopter overhead

Zimbabwe needs G20 support to end debt crisis, says World Bank chief

Zimbabwe first defaulted on repayments to the World Bank in 2000. Its debts to a host of multilateral institutions and bilateral lenders

Bangladesh offers to buy 25 jets from Boeing to sway Trump on tariffs

Dhaka last week also signed an initial agreement with US wheat growers to import 700,000 tonnes of the grain annually over five years

Why angel investors in India may soon be rarer than Bengal tigers

Sebi wants individuals to get accredited like US investors, but with only 650 approvals so far, India's angel investors are rarer than Bengal tigers, threatening early-stage funding

Tata Sons expects reprieve from IPO deadline amid RBI rule review

The RBI had earlier classified Tata Sons as a top tier non-banking lender, forcing it to list by September this year

US, once a clean energy superpower, is trailing behind India in power boom

India connected 22 gigawatts of wind and solar in the first half. Assuming this is maintained through December, that should put India ahead of the 40 GW that the US government expects this year

BYD runs India remotely as tensions with China shut out top brass

Ketsu Zhang, BYD's managing director for India, has been unable to obtain a work permit since he left the EV maker's local base in Chennai, despite government efforts to facilitate his travel

Donald Trump, EU's Von Der Leyen cite conflicting details on trade deal

The European Union said it would accept a 15 per cent tariff on nearly all its exports to the US. Trump told reporters that the bloc also agreed to open up its countries to trade at zero tariff

Houthis pledge to step up shipping attacks to pressure Israel on Gaza

The Houthis, who took control of Yemen's capital Sanaa in 2014, have been striking Israel and commercial vessels in the Red Sea after Israel's war with Hamas, which rules Gaza, began in October 2023

EM debt hedge funds eye safeguards as world-beating rally blooms

After a banner first half of the year, hedge funds targeting EM debt have returned nearly 13 per cent on an annual basis

EU-US trade agreement now hinges mostly on Donald Trump's verdict

The stakes for the talks, scheduled for 4:30 p.m. local time at Trump's golf resort in Turnberry, western Scotland, could hardly be higher for von der Leyen

Pressure mounts on Fed Chief Powell ahead of key GDP, jobs data release

Forecasters anticipate the heavy dose of data will show economic activity rebounded in the second quarter, largely due to a sharp narrowing of the trade deficit, while job growth moderated in July

Musk's Neuralink joins study working on bionic eye with UC Santa Barbara

The goal of the study is "to address fundamental questions that will allow the development of a Smart Bionic Eye," according to an online description

Meta clashes with Apple, Google as US states push age verification laws

In 2025, Utah, Texas, and Louisiana passed laws requiring tech firms to verify users' ages, get parental consent for minors, and shield them from harmful online content

Southwest crew members injured as jet makes sharp evasive move post takeoff

The incident comes a week after a Delta Air Lines Inc jet was forced to abort landing to avoid a midair collision with a B-52 bomber in North Dakota

Trump's private Scotland visit poses diplomatic test for UK's Starmer

The two leaders have struck up an unlikely partnership this year, with Trump repeatedly commenting on their positive working relationship in spite of the Starmer's left-wing politics

Meta appoints former OpenAI researcher to lead superintelligence AI group

Meta has been spending aggressively to recruit AI experts to develop new models and keep pace with rivals like OpenAI and Google in the race for AI dominance

China's Unitree Robotics offers a humanoid robot for under $6,000

The startup, among the frontrunners in Chinese robotics, on Friday announced its R1 bot with a starting price of 39,900 yuan (or $5,900)

Trump says 50-50 chances of negotiating a trade deal with European Union

Trump earlier this month issued a letter saying the EU would face a 30 per cent tariff on most goods if they fail to reach an agreement by Aug 1