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Microsoft hack hits hundreds of firms, agencies as damage spreads

Hackers have breached about 400 government agencies, corporations and other groups, according to estimates from Eye Security

Lavish homes left by fleeing Gupta brothers up for sale in South Africa

Atul, Rajesh and Ajay Gupta fled to Dubai in 2018, just before the ANC forced Jacob Zuma to resign as president over declining support linked partly to his ties with the controversial family

Musk warns of 'rough' patch ahead after Tesla's weakest quarter in years

ChatGPT said: Tesla CEO cited the loss of US EV incentives and delays in driverless tech rollout, saying the company may not see "compelling" economics again until late 2026

Reliance Industries faces scrutiny as EU targets diesel from Russian crude

Reliance bought Abu Dhabi's Murban crude in a rare purchase late last week, traders said, adding that it picked up the cargo soon after Friday's sanction package

Kotak Bank launches Solitaire to target India's growing affluent class

Kotak is India's fourth-largest private bank after HDFC Bank Ltd., ICICI Bank Ltd. and Axis Bank Ltd. Its private banking division is among the largest wealth managers in the country

Heads of delegations of Russia & Ukraine hold bilateral meeting in Istanbul

The Russian and Ukrainian delegation chiefs, Vladimir Medinsky and Rustem Umerov, held a one-on-one meeting in Istanbul

European Union readies €100 bn no-deal plan to match US 30% tariff

The tariffs would be prepared to come into force next month but only if there is no deal and the US implements its levies after the August deadline

Petronet seeks $1.4 bn loan to fund petrochemical plant, LNG terminal

Local lenders including Axis Bank, State Bank of India and Union Bank of India are considering to join the facility, which is among the company's largest fundraising exercises

RIL's oil procurement under scrutiny as EU warns refiners using Russia oil

While it's too early to tell if Reliance will pivot dramatically away from Russia, traders say there are some initial signs of the company seeking alternatives

Japanese PM Ishiba denies reports of resignation after poll setback

There's no truth to those reports, Ishiba said after he met with his predecessors and ruling party heavyweights Yoshihide Suga, Taro Aso and Fumio Kishida

India's Gen Z billionaires lose interest in legacy family businesses

Gen Z heirs of India's business families are increasingly opting out of legacy roles, choosing personal passions over boardrooms

SharePoint breach cast shadow on Microsoft's cybersecurity revamp

Battered by its role in several major hacks, the software giant in late 2023 vowed to overhaul its cybersecurity, in a project called the Secure Future Initiative

Starbucks launches free study rooms in China to lure back customers

The rooms are Starbucks's latest initiative in China this year as it tries to revive sales growth amid stiff competition from cheaper local rivals like Luckin Coffee

Chinese hackers exploit Microsoft flaw, breach US nuclear agency systems

While Microsoft has patched its software in recent days, cybersecurity researchers have already detected breaches on more than 100 servers representing 60 victims thus far

Formula 1 renewable energy shift drives 26% drop in carbon footprint

Often referred to as the pinnacle of motorsport, the racecar organisation, which hosts an annual championship featuring the best drivers in the world, has seen its carbon emissions drop 26% since 2018

Sanctions as deadly as war, linked to mass fatalities every year: Study

Unilateral and economic sanctions imposed by the US and the European Union lead to a substantial increase in mortality that disproportionately hurts children younger than five years old

PM Modi's Zagreb trip spurs €1.1 bn Indian bids for Croatian projects

Croatian Prime Minister Andrej Plenkovic praised India's growing interest in maritime trade routes to the Mediterranean when he met his Indian counterpart in June

Google seeks licensing talks with news organisations, following AI rivals

The company plans to launch a pilot project initially with about 20 national news outlets, according to one of the people

Donald Trump's tax law to add $3.4 trillion to US deficits, says CBO

The CBO score for the law, released Monday, reflects a $4.5 trillion decrease in revenues and a $1.1 trillion decline in spending through 2034, relative to a current-law baseline

Bessent sees no reason for Jerome Powell to step down from US Fed now

The Treasury chief on Monday called for an internal review of the Fed's non-monetary activities, including the renovation project