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Microsoft-backed data security startup Rubrik to file IPO papers next week

The company confidentially submitted its IPO plans to the US Securities and Exchange Commission earlier

Ukraine Foreign Min Dmytro Kuleba discusses peace plan in India meeting

India, with deep economic and political ties with Russia, has consistently pushed for dialog and diplomacy to end the conflict. It has not publicly criticized or voted against Russia at the UN

As cases of asset seizures rise, Vladimir Putin's tycoons seek safeguards

With most Russian billionaires having been sanctioned over the past two years, the next concern is which decades-old privatisation decisions might be reversed

Fed doesn't need to be in a hurry to cut rates, reiterates Jerome Powell

Investors are now betting the US central bank will make that first cut in June

South Africa wants to preserve its wild animals by eating them more

It's also an opportunity to boost Black ownership of a wildlife-use sector that three decades after the end of apartheid is just 3.5% owned by historically disadvantaged South Africans

Arab states ready to recognise Israel in future deal, says Joe Biden

Biden has faced pressure from progressives and Muslim and Arab Americans who want the administration to do more to rein in Israel's military campaign in Gaza to root out Hamas

Harvard applications drop for second year in a row after turmoil on campus

Harvard admitted 1,937 students for the class, or 3.6 per cent of applicants, and they're comprised of about 53% women and 47% men

China can be a democracy, says former Australian PM Scott Morrison

Morrison, who led Australia from 2018 to 2022, said the Chinese people care just as much about freedom as we do but sadly in mainland China they don't have the opportunity for it

Blackwells Capital sues Disney over ties to ValueAct in proxy fight

Disney offered to meet with Blackwells and provide documentation confirming that ValueAct had stopped managing Disney pension funds but Blackwells declined the offer

South Korea's production of semiconductors rises by most in 14 years

The memory-chip market that underpins South Korea's semiconductor industry is notorious for its boom-and-bust cycle

Young Indians more likely to be jobless if they are educated: ILO data

The unemployment rate for young people with secondary or higher education was six times higher at 18.4 per cent

Cash-strapped Pakistan needs to get India onboard on trade matters

The problem is that Pakistan needs India far more than India needs Pakistan. The Indian economy is stable and India remains deeply reluctant to open its markets to other developing countries

Blackstone plans to invest $25 billion in India private equity asset

The New York-based firm also intends to bring on 20 more investment professionals to its asset management business in India and double its office space in Nariman Point in downtown Mumbai

Amazon bets $150 billion on data centers required for AI boom: Report

The spending spree is a show of force as the company looks to maintain its grip on the cloud services market, where it holds about twice the share of No. 2 player Microsoft Corp.

US and UK probe $20 billion of crypto transfers to Russian exchange

The Biden administration has been attempting to squeeze crypto exchanges like Garantex since the early days of the war

China's property crisis ripples through banks as bad loan ratios creep up

Bank of Communications Co. reported Wednesday that its property bad loan ratio jumped to 4.99 per cent at the end of last year from 2.8 per cent a year earlier

Robeco, Lombard Odier among buyers of new Adani Green Energy bonds

Adani Green and associated firms raised $409 million this month in the conglomerate's first debt sale since a damaging short-seller report last year

Days after Baltimore bridge collapses, union fears loss of 2,400 jobs

Dock workers are hired daily based on what's needed, without a guarantee of pay if the port is shut down, Cowan said. As a result, union members have been reaching out

Here's why China's EV market and BYD show the future is already here

Battery metals such as lithium, nickel and cobalt are down by, respectively, 80%, 30%, and 25% over the past year

Smartphone giant Xiaomi begins assault on Tesla, $200 bn EV market in China

Billionaire co-founder Lei Jun has called the challenge his final major endeavour, testing Xiaomi's ability to crack a crowded market for a second time with its technological capabilities