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UK government rules out Jaguar Land Rover bailout over 4,000 job cuts

JLR is set to cut 4,000 positions or roughly 10% of its global workforce over the next two years as the UK's largest carmaker confronts soaring costs, plummeting sales and US tariffs

Nepal's request for flood payout tests UN's new climate-aid system

Nepal is seeking compensation for climate change-related damages from a United Nations fund set up to help developing nations deal with the worst impacts of global warming

ECB doubles down as G7's hawk with second rate hike likely this week

In a move set to reaffirm the ECB as the most hawkish central bank among the Group of Seven, a quarter-point increase on Thursday has been widely signaled

Traders turn to bullish Chinese stock bets as AI trades crowd Korea, Japan

Trading desks from Barclays Plc to UBS Group AG are seeing rising client demand for bullish options and swap contracts tied to China's CSI indexes in recent weeks

JLR plans 4,000 job cuts over two years amid sales slump, US tariffs

Jaguar Land Rover plans a voluntary redundancy programme as it targets 1.7 billion euros in savings over two years and seeks to lower its break-even point

Trump calls Venezuela oil deal 'greatest ever', but US firms raise concerns

President Donald Trump has hailed the US-Venezuela oil accord as a major opportunity, but American oil executives fear the arrangement could sideline them from lucrative projects

Tetris maker distances itself from White House's wall-building game

The Tetris Company said it was not involved in the White House game 'Build the Wall', which uses blocks resembling Tetris pieces to depict migrants approaching the US border

India's card use set for steady growth on convenience, inclusion: Report

India's card payments are set for steady growth as financial inclusion, rising incomes and easier access drive electronic transactions, while rewards and instalment options boost credit card use

India's record diaspora inflows leave RBI facing potential $10.6 bn bill

India's record diaspora deposit drive could leave the RBI facing a $10.6 billion cost as inflows far exceeded expectations and raise challenges for the central bank's liquidity management

World Bank's Mishra pushes back on doubts over strength of India's growth

World Bank Executive Director Neelkanth Mishra said high-frequency indicators such as vehicle sales, cement volumes and credit demand point to strong economic momentum despite doubts over GDP data

T-Mobile's Gopalan bets on AI, home internet to revive subscriber growth

T-Mobile CEO Srini Gopalan is banking on home internet and artificial intelligence to drive growth and revive the company's shares, which have fallen 25 per cent since he took the job

Pacific leaders criticise China's new missile test, call for advance notice

Pacific island leaders voiced concern over an ICBM test that flew over several member states without adequate notice and called for at least 24 hours' warning for future launches

Adobe names Anil Chakravarthy as CEO, Narayen to become executive chair

Adobe will name Anil Chakravarthy as chief executive on December 1, with longtime CEO Shantanu Narayen becoming executive chair as AI tools challenge its creative software business

New York Mayor Mamdani bans AI tools till class VIII in NYC public schools

New York City Mayor Zohran Mamdani and the Schools Chancellor Kamar Samuels unveiled the new rule a week before classes begin on Sept. 10. It will apply to roughly 600,000 public school students

Kenyan Prez ousts Tata Chemicals from 100-yr-old soda-ash mineral operation

The president said he asked a unit of the Mumbai-based company "to pack and go" because it has been exporting soda ash rather than using it at local facilities to make glass and chemicals.

Nvidia buys AI platform Hugging Face from OpenAI in a $13 billion deal

Buying Hugging Face is the biggest move yet in Nvidia Chief Executive Officer Jensen Huang's push to broaden the uptake of AI and extend his customer list.

Kumar Mangalam Birla's unit draws $2.5 billion in bids for buyout loan

An Aditya Birla Group unit has secured up to ₹24,000 crore in loan commitments from four banks for its planned acquisition of Shell's renewable energy assets in India

Attacks on Iran likely to be short, says Trump; asserts Hormuz control

US President Donald Trump said renewed strikes on Iran would likely be short-lived as fresh fighting pushed up energy prices and revived concerns over a prolonged war

HDFC Bank at risk of losing top Nifty spot to ICICI amid leadership turmoil

HDFC Bank's weighting in the Nifty 50 has fallen to 9.81 per cent, narrowly ahead of ICICI Bank, as the CEO's exit and governance concerns deepen the lender's sell-off

US secures G20 support for light-touch rules on AI, emerging tech

G20 nations unanimously endorsed non-binding US guidelines favouring a lighter-touch approach to AI and emerging technologies, marking a win for the Trump administration and Silicon Valley