Page 8 - Bloomberg/workspace/business Standard Web/video

FBI arrests former US military employee over alleged info leak to media

Justice Department said in a separate statement that a woman identified as Courtney Williams had been indicted on charges of disclosing classified material to 'a media outlet'

India's equity mania meets psychological test as returns outlook dims

For the first time since the pandemic, individual investors were net sellers in the secondary market in the first 11 months of the financial year that ended in March

How China is becoming the world's most powerful opposition to US power

Like any ambitious opposition party, Beijing is pointing out the weaknesses of the incumbent while portraying itself as a steadier, more predictable partner with fresh ideas

US, Iran agree to talk in Islamabad even as Hormuz stays blocked for now

Further adding to uncertainty, sporadic fighting continued throughout the region and the Strait of Hormuz remained largely blocked

Indian Oil buys first shipment of Iranian crude since 2019 sanctions

Curacao-flagged crude tanker Jaya, laden with Iranian oil, most recently indicated it is heading for India, according to ship-tracking data

Shipowners eye Hormuz truce as 800 vessels remain trapped in Gulf waters

Then, hours before a deadline set by President Donald Trump ran out during the US evening on Tuesday, the two sides agreed a truce in exchange for a reopening

Shipowners eye Hormuz ceasefire window to move over 800 trapped vessels

The near-closure of the vital waterway for weeks has created an unprecedented global energy supply crunch, as Iran tightened its control in the aftermath of US and Israeli strikes

IMF chief Georgieva warns world 'ill-equipped' to counter Iran war risks

By choking off shipments from the energy-rich Gulf region, the war has triggered a "negative supply shock, meaning that it pushes prices up, said Kristalina Georgieva

TikTok ad leader Khartoon Weiss to step down in latest high-profile exit

Other recent departures have included global head of creators, Kim Farrell, who left earlier this year, and Blake Chandlee, who departed in 2025 after leading advertising and marketing

Apple's first foldable iPhone remains on track for September debut

The device is a major initiative for Apple, which is seeking to expand the iPhone line with new designs, pricier models and enhanced features

North Korea fires projectile after South Korean President's apology

The launch took place days after a North Korean statement conveyed leader Kim Jong Un's rare praise for Lee in response to his apology over the drones

Elon Musk seeks ouster of OpenAI CEO Sam Altman in lawsuit escalation

Musk said in a court filing that the goal of his lawsuit is to 'unwind OpenAI's for-profit conversation and restructuring' which he said would involve removing Altman and Prez Greg Brockman

Adani seeks dismissal of US SEC fraud case, cites lack of jurisdiction

Lawyers for the Indian billionaire and his nephew Sagar said in a letter to a federal judge that they will formally seek to dismiss the case by the end of the month

Govt bars Chinese cameras at highway tolls on data security concerns

Officials have been directed to avoid importing sensitive technology from China and are also replacing existing Chinese cameras

Iran conflict may ease China deflation fears, dimming rate cut bets

Unlike most economies, China didn't see the sharp spurt in inflation that followed reopening from the pandemic

Trading ban upends State Bank of India's $5 billion short, forces unwind

State Bank of India (SBI) is estimating losses of about ₹3 billion ($32 million) from the forced unwinding of these trades, the people said, asking not to be identified discussing confidential details

Turkish police kill gunman in shootout near Israeli consulate in Istanbul

The diplomatic mission is located in Levent, one of Istanbul's main financial districts, and surrounded by office towers, shopping malls and heavy foot traffic

India returns to buying Venezuelan oil to ease supply crunch amid Iran war

India is set to import the most oil from Venezuela in almost six years as over 12 million barrels head to its west coast, reflecting a strategic shift amid West Asia supply disruptions

Shapoorji Pallonji group gets relief on $3.4 billion private credit

Its financing arm, Porteast Investment, will temporarily raise its loan-to-value limit to 40 per cent from 34 per cent for four months through July 15

RBI set to hold rates while confronting weak rupee amid West Asia conflict

RBI now faces a dilemma over whether to raise interest rates to support the currency or keep borrowing costs low to cushion economic growth