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Reckitt Benckiser sells homecare brands to Advent in $4.8 billion deal

Reckitt said it will retain a 30 per cent stake in the business, whose brands include Air Wick air fresheners and Cillit Bang cleaners

China spy agency accuses foreign agents of smuggling rare earth materials

China leveraged its dominance in producing these metals and rare earth magnets in trade war with the US, which relies on Chinese supply to make a wide range of products including electric vehicles

Couche-Tard's failed bid to acquire Seven & i sparks Japan M&A debate

7-Eleven convenience stores have one of Japan's most recognizable brands and a takeover would have been the largest by a foreign entity in the country's history

Trump urges Supreme Court to reject early challenge to his tariffs

Trump's import taxes remain in effect even though two courts have said many of them exceed the president's powers

AI startup Perplexity secures $100 mn funding, hits $18 billion valuation

The deal is an extension of a previous round from a few months ago that valued the company at $14 billion - investments that underscore the Silicon Valley rush to back the top AI startups

Meta hires two key Apple AI researchers after poaching their boss

The moves are part of a scramble for AI talent across the tech industry. Meta, the owner of Facebook and Instagram, has been especially aggressive in its recruiting

Tesla spars in court over autopilot alert 2 seconds before 2019 crash

Tesla is seeking to show a jury that the company's technology performed as it should and that the driver is fully to blame for running through a stop sign at a T intersection

Reliance outperforms Nifty with $40 bn gain in best run since 2020

Shares of the country's most valued firm have surged 22 per cent this year, compared with a 6 per cent rise in the NSE Nifty 50 Index

OpenAI unveils ChatGPT agent to shop online, create slides for users

ChatGPT agent, set to be unveiled during a livestreamed event on Thursday, is designed to streamline personal and professional projects

Air India junior pilot asked captain why he turned off fuel switches: WSJ

according to the Wall Street Journal report, the first officer expressed surprise that the fuel switches were off and then panicked, while the captain seemed to remain calm

US Solar firms file trade petition against India over cheap imports

The new anti-dumping and countervailing duty petitions were filed by the Alliance for American Solar Manufacturing and Trade, which includes First Solar Inc, Mission Solar Energy and Qcells

Meta investors settle lawsuit over Cambridge Analytica, FTC payout

Terms of the settlement, which were reached one day after the trial started, weren't immediately disclosed. Representatives from Meta declined to comment

Thailand to cut tariffs on 90% of US goods to avoid Trump trade levy

Thailand is one of the Southeast Asian countries racing to finalize terms with the US

B'desh imposes curfew, deploys army after violence in Hasina's stronghold

The violence began on July 16 when attackers vandalised a stage set up for a rally organized by the National Citizen Party, a newly formed political group launched by student activists

Samsung billionaire Lee's legal battle ends, cleared of all charges

The top court upheld a Seoul High Court ruling that acquitted Lee and other Samsung officials of all 19 charges stemming from the 2015 merger of Samsung C&T Corp. and Cheil Industries

Tesla failed to prevent misuse of autopilot system, safety expert testifies

The trial, which began Monday and is expected to take three weeks, is among the first to test Tesla Chief Executive Officer Elon Musk's claims that his cars are the safest ever made

Walmart to cut hundreds of store-support, training roles in latest revamp

The company cut corporate jobs earlier this year and asked other workers to relocate to its headquarters in Bentonville, Arkansas, or to Sunnyvale, California

US cinemas weigh launching new large screen brand to challenge Imax

The talks so far have focused on setting shared standards for the chains' "premium large-format" theaters to better compete with Imax's giant screens

Canada's Couche-Tard abandons $46 billion bid to buy 7-Eleven owner

In a statement, Seven & i said was it was disappointed by Couche-Tard's decision to walk away, but said it disagreed with the numerous mischaracterisations in Canadian suitor's letter

Trump slams Republicans pushing for Epstein Files as 'stupid people'

Trump's comments followed a social media post earlier in the day in which he cast the clamor for documents related to Epstein as a new SCAM and expressed dismay