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Musk's xAI seeeks up to $200 billion valuation in fresh funding talks

If the new financing materializes, it would bring xAI's total new backing to $20 billion - a goal that has been discussed by the company

Jane Street ban threatens 900% rally for Asia's oldest stock exchange

The Jane Street fallout has already taken a toll on BSE, with the shares on July 4 suffering one of their steepest declines this year - extending a slide that had already begun

Air India plane crashed after fuel supply to engines was cut off: Probe

The report states that the fuel switches for both engines were moved to the cut-off position almost immediately after takeoff, though the reason for this action remains unclear

Can China effectively compete in the artificial intelligence talent war?

The competition for AI talent prompted Meta Platforms Inc to reportedly offer sign-on bonuses of $100 million to lure senior staff from rivals

EAM Jaishankar likely to make first visit to China in over five years

Jaishankar will hold a bilateral meeting with his Chinese counterpart Wang Yi in Beijing, before traveling to Tianjin to attend SCO's council of foreign ministers on July 14-15

Bitcoin rally triggers $1.2 billion liquidations, bears hit hardest in 2025

The largest single Bitcoin liquidation, valued at $88.5 million, was on the exchange HTX. Overall, about $1.29 billion in positions were wiped out across all tokens, the most this year

Emerging market assets weighed down by Trump's blanket tariff threat

The MSCI index tracking developing-world currencies edged lower, with the South African rand and the Mexican peso leading the losses

Tesla likely to begin its first car deliveries in India from August

Deliveries are expected to start from late August, a separate person familiar with the development said. Customers will be able to configure and order their Tesla EVs from next week

Red Sea insurance premiums spike as Houthi threat resurfaces after attacks

Shipowners now have to pay about 1% of a ship's value if they want to pass through the Red Sea, said Marcus Baker, global head of marine cargo and logistics at Marsh McLennan

Preliminary report on Air India crash to give peek into jet's final moments

Preliminary findings indicated the fuel switches were turned off, though it's unclear whether it was accidental or intentional and whether any effort was made to turn them back on

India widens global investor access to $639 bn corporate credit market

The financial regulator for the special economic zone known as GIFT City has allowed global banks including HSBC Holdings Plc and Standard Chartered Plc to offer total return swaps for corporate bonds

Jane Street fallout hits NSE's pre-IPO valuation, sparks market concerns

The drop in NSE's unlisted shares follows a stunning surge since late October, fueled by hopes for a listing of the world's biggest equity-derivatives bourse

Sebi probe puts Jane Street's India trading strategy under spotlight

The regulator says that the high-frequency trading giant has made $4.3 billion from India in a little over two years, and so far its officers have only investigated trades in one index

Uber's India ambitions face challenge from rival Rapido's pricing model

India is crucial for Uber because its massive population of more than 1.4 billion people represents an unparalleled opportunity for expansion

Brazil can survive without US trade, says Lula amid Trump tariff threat

In televised interviews, Lula struck a defiant tone, saying Trump must respect Brazil's sovereignty and cannot act as if he owns other nations

Traders watch expiry day moves after Sebi ban on Jane Street Group

The benchmark NSE Nifty 50 Index opened little changed, with its biggest components - HDFC Bank Ltd., Reliance Industries Ltd. and ICICI Bank Ltd. - barely moving

Elon Musk unveils Grok4 AI after backlash over 'antisemitic' content

Grok 4's release comes just a day after xAI was forced to remove inappropriate Grok posts from X that included antisemitic comments and replies to users

Life-threatening heat domes challenge forecasters amid climate change

This phenomenon has also already struck Europe and China this summer, leading to the temporary closure of the Eiffel Tower and worries about wilting rice crops, respectively

UK and France order more cruise missiles, pledge nuclear cooperation

The announcement made during a state visit to the UK by Macron is part of an attempt by both leaders to signal their commitment to Europe's sovereign defense capabilities amid the threat from Russia

WPP appoints Microsoft's Cindy Rose as new CEO to drive turnaround

Rose, 59, will take on the role leading the advertising group beginning Sept.1, the company said in a statement on Thursday