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Thailand, Philippines and Argentina primed as supply chain 'rising stars'

A new analysis says several Southeast Asian and Latin American economies are well positioned to attract investment as companies seek more resilient supply chains

IT weighting in Nifty drops to record low amid prolonged sector selloff

Indian IT firms hit their lowest Nifty 50 weight in over two decades as AI disruption fears and a sector-wide selloff erode market influence

El Niño set to further disrupt India's $300 bn agricultural supply chain

A prolonged delay in monsoon rainfall is disrupting kharif crop planting and raising concerns over agricultural output amid the emergence of El Niño conditions

Anthropic accuses Alibaba of 'illicitly' accessing Claude AI model

The AI startup told US officials that operators linked to Alibaba's Qwen lab used nearly 25,000 fraudulent accounts to access Claude's advanced capabilities

OpenAI, Broadcom unveil custom AI chip; Qualcomm to buy Modular for $3.9 bn

OpenAI unveiled its first custom AI chip with Broadcom, while Qualcomm agreed to buy Modular to strengthen its AI software and data-centre ambitions

TikTok developer ByteDance seeks $20 billion in its largest offshore loan

ByteDance is in talks to raise a $20 billion offshore loan, potentially its largest ever, as it ramps up investments in AI and infrastructure

Burnham's rival Jones steps aside, clearing his route to 10 Downing

Darren Jones ruled out a Labour leadership bid, leaving Andy Burnham on course to succeed Keir Starmer as UK prime minister by mid-July

Mamdani clout grows after his picks sweep New York City primaries

Mamdani-backed candidates won key New York Democratic primaries, signalling the growing clout of the mayor's progressive coalition

Weak rains push India extend emergency rule for Tata's Mundra power plant

India has extended emergency provisions to keep Tata Power's Mundra plant running through September amid fears of weak monsoon rains

State lenders plan $2 bn overseas borrowing under RBI concessional route

Small Industries Development Bank of India is in talks with the International Finance Corp. to raise as much as $1 billion in five-year and seven-year tenors

India asks farmers in rain-fed areas to shift to less water-intensive crops

The push by the farm ministry is part of a broader effort to prepare for the 2026 monsoon planting season after rainfall since June 1 has run 42% below normal

El Niño-driven heat, dryness may trigger severe haze in Southeast Asia

The developing El Niño, and the likelihood it will reach strong intensity later this year, is expected to raise temperatures and suppress rainfall in Southeast Asia

Meta's $900 mn Cred bet fuels hopes of turning WhatsApp into a super-app

The global tech firm announced this week that it will own 20% of Bengaluru-based Cred, which rewards people who pay their credit-card bills on time

Jeffrey Epstein considered blackmailing me: Bill Gates tells US Congress

In closed-door testimony June 10, Gates disputed details that Epstein recorded in emails to himself regarding the Microsoft Corp. co-founder's extramarital affairs

AI startup sues US over export curbs on Anthropic's advanced models

The suit, filed Tuesday in federal court in Washington, comes less than two weeks after Anthropic disabled access to its most advanced AI models, Fable 5 and Mythos 5

Meta's Cox sought Kunal Shah's advice on WhatsApp, then made him leader

Meta Chief Product Officer Chris Cox reached out to Shah directly in the spring, seeking advice on picking the future leader of WhatsApp

Clive Davis, architect of Columbia and Arista's success, dies at 94

The influential record executive helped build Columbia into a music powerhouse, launched Whitney Houston's career and revived the fortunes of several legendary artists

Intensifying heat wave threatens record-breaking temperatures across Europe

The heat wave is spreading north from mainland Europe, where it's plagued France for nearly a week

Renault reminds Nissan of its clout with ouster of key director Motoo Nagai

The French carmaker, which holds 15% of voting rights, abstained from voting for Nagai, and he failed to garner enough shareholder support for reappointment at Nissan's annual meeting Tuesday

South Korean stocks tumble 10% from record, triggering trading halt

The Kospi closed down 10%, with losses extending after a 20-minute trading suspension by the Korea Exchange