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India's rising quick-delivery price war hits Eternal, Swiggy shares

The heated discount war is raising concerns that profitability for India's delivery firms may remain under pressure after second-quarter earnings missed estimates

2 Cleveland pitchers charged in MLB betting scheme to fix game pitches

Emmanuel Clase de la Cruz and Luis Leandro Ortiz Ribera were named in an indictment unsealed Sunday in federal court in Brooklyn

US govt shutdown delays inflation data, deepens uncertainty for divided Fed

The CPI and its core measure, which excludes more volatile food and energy costs, each rose a lower-than-forecast 3 per cent in September from a year ago

Investors grow cautious as lowest-rated US junk bonds show renewed strain

Spreads between US investment-grade bonds and junk have widened over the last week, signalling that investors are favouring safer bonds instead of high-yield notes

Hunger, flight chaos and health-care woes fail to end US govt shutdown

Shutdown is costing the US economy about $15 billion a week and the Congressional Budget Office estimates that it will cut annualised quarterly growth rate of real GDP by 1.5 per cent by mid-November

Plunge in Asia's AI shares raises doubts over world-beating rally

Asia's tech sector has outpaced its US counterpart this year, fueled by cheaper valuations and the excitement sparked by China's AI breakthroughs, particularly that of DeepSeek

Tesla shareholders didn't approve of investment in Elon Musk's xAI

The nonbinding measure garnered 1.06 billion votes in favor of authorisation, exceeding the 916.3 million that were against, Tesla disclosed in a late Friday regulatory filing

New Thai alcohol law fines drinkers for consuming booze during banned hours

Thailand has tightened its alcohol laws, imposing fines of up to 10,000 baht on individuals caught drinking or being served alcohol during restricted hours or in prohibited places under new rules

James Watson, who helped discover DNA structure, passes away at 97

He died on Nov 6 in East Northport on New York's Long Island. Watson had been transferred to a hospice this week from a hospital where he had been treated for an infection

Trump's plan to deploy troops to Portland ruled unlawful by US judge

A federal judge who oversaw a trial last month agreed with the city and the state of Oregon on Friday that the protests were largely peaceful and didn't require the intervention of federal troops

Nvidia has no plans to ship AI chips to China amid standoff: Jensen Huang

The 62-year-old founder has repeatedly said he'd like to do more business in China, but political tensions between the American and Chinese governments have derailed those ambitions

Bankers value Reliance's Jio Platforms as high as $170 billion ahead of IPO

A valuation that size would place Jio among the biggest two or three companies in India by market capitalisation, ahead of fellow telecom firm Bharti Airtel

Trump loyalist Stefanik to challenge Hochul for New York governor

Stefanik, the 41-year-old representative for an upstate New York district, has become one of President Donald Trump's most prominent allies in Congress

US airlines cancel Friday flights, more coming as shutdown drags on

With more than 700 Friday flights already cancelled by the four largest airlines, the world's busiest aviation market has become a flashpoint in the long-simmering clash between Republicans, Democrats

US job cuts hit two-decade October high as AI and costs reshape firms

Companies announced 153,074 job cuts last month, almost triple the number during the same month last year and driven by the technology and warehousing sectors

SMBC to invest $200 million in Indian startups amid booming IPO market

A fund co-run by the banking arm of Sumitomo Mitsui Financial Group Inc. plans to pour the bulk of the $200 million it has raised into Indian startups

Reliance trying to sell some cargoes of Middle Eastern oil in rare offer

The company, controlled by billionaire Mukesh Ambani, has been trying to sell grades including Murban and Upper Zakum on the spot market

Satellite hunt for 'superpollutant' receives $100 million new funding

The Bloomberg Philanthropies initiative, being announced Thursday as world leaders gather in Brazil for a summit ahead of the COP30 climate conference, aims to maintain an increasing focus on methane

Trump to host summit with Central Asian leaders as resources race heats up

Trump is meeting with representatives of Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan in an event intended to mark the 10th anniversary of the so-called C5+1 format

Nasa nominee Isaacman's meeting manifesto: 1 hour cap, no multitasking

Tucked inside of a 62-page manifesto written by President Trump's pick to run space agency is a plan to crack down on the agency's bureaucracy by imposing stringent restrictions on employee meetings