Page 12 - Bloomberg/workspace/business Standard Web/video

Ackman seeks $10 billion in New York IPO of Pershing Square and Fund

Ackman is eyeing a dual public offering for Pershing Square and a US-listed closed-end fund called Pershing Square USA, which he had previously sought to take public in 2024

SBI shuns payments for Russian oil despite US waiver amid uncertainty

The state-owned bank believes that engaging in such business could expose it to risks as it has a sizable loan portfolio in global markets, and also hurt its reputation

Trump's failure to understand Iran's leadership may give Tehran an edge

From Ukraine to Iran, Trump has repeatedly misjudged his adversaries - a pattern seen in past US wars that shows how underestimating rivals can reshape conflicts and prolong geopolitical crises

RBI steps up support for rupee, bond markets as crude oil prices surge

Central bank steps into forex and bond markets as rising crude prices threaten inflation, the rupee and government finances

Australia grants humanitarian visas to five Iranian female soccer players

Five players sought asylum after refusing to sing Iran's national anthem during a tournament in Australia

Democrats threaten to stall Senate until Trump admin explains Iran war

The Senate last week voted down a war powers resolution, which would have put curbs on Trump's abilities to use military force in Iran

Apple now makes about 25% of iPhones in India amid US-China trade tensions

Apple assembled about 55 million iPhones in India in 2025, up around 53%, compared to 36 million iPhones a year earlier

Asian airlines raise fares as West Asia conflict drives fuel costs

Airlines in the region aren't as well hedged against high oil prices as rivals in Europe or the US, making them more vulnerable to sudden surges in jet fuel prices

Legal fight reopens over Donald Trump's push to tax low-value imports

The justices in February struck down his use of an emergency powers law to impose duties, but didn't address his authority to halt the exemption for low-value packages

Australia to send spy aircraft, missiles to help UAE against Iranian attack

About 115,000 Australians are in the West Asia, including roughly 24,000 in the UAE, fueling unprecedented consular challenge

Farmers stage fresh protest in Delhi against India-US trade deal

The protest site, close to the historic Jantar Mantar observatory near the parliament complex in New Delhi, was packed with demonstrators

IMF urges preparation for 'unthinkable' amid prolonged West Asia conflict

IMF Managing Director Kristalina Georgieva warns a prolonged West Asia conflict could hit market sentiment, growth and inflation, urging policymakers to prepare for a "new normal" of global shocks

Tesla billionaire Leo KoGuan doubles Nvidia stake to calm nervous market

While small relative to his $13.4 billion fortune, the acquisition is a notable move by KoGuan, whose net worth for years largely has been tied up in just one stock: Tesla Inc

Saudi Aramco offers spot crude as war disrupts global oil supplies

Some of the oil was offered on a delivered basis from a supertanker, carrying 2 million barrels of crude, positioned near Taiwan, which was eventually purchased by a Japanese refiner

China inflation hits 3 year high after holiday boost as oil shock looms

Core CPI, which excludes volatile items such as food and energy, hit 1.8 per cent - the highest since 2019

Ex-Google AI researcher launches robotics startup 'Integral AI' in Tokyo

The 15-person startup is holding initial discussions with Toyota Motor, Sony Group, Honda Motor, Nissan Motor and Mitsui Chemicals to pitch them on how AI can advance manufacturing processes

Saudi, UAE pipelines may cushion oil shock, decide outcome of Iran war

The strait is a choke point for about 20 million barrels a day of crude and refined products - equal to a fifth of global consumption

Asia's ultra-rich having second thoughts on Dubai as Iran war rages

Dubai's ascent as a burgeoning finance and wealth hub faces a test as the US-Israeli war with Iran hits close to home

China raises nuclear capacity target despite missing earlier goals

The government last week set a goal of 110 gigawatts of nuclear capacity by 2030 in its latest five-year plan draft, a 76 per cent jump from the end of last year

Mojtaba Khamenei: Iran's new supreme leader faces US, Israel, anger at home

Mojtaba Khamenei embodies everything that the many thousands of people who have protested against the Islamic Republic in recent years oppose