Page 29 - Reuters%20

Meta removes AI image feature days after launch following privacy backlash

Meta has withdrawn its new AI image-generation feature, launched earlier this week, after criticism over its use of public Instagram content and concerns that it was enabled by default

Renewed US-Iran hostilities could derail 2027 global oil surplus: IEA

The IEA has warned that renewed US-Iran hostilities could derail its forecast of a global oil surplus in 2027 despite a rebound in supplies after the Strait of Hormuz reopened

Sheikh Hasina, exiled party leaders may return to Bangladesh in Dec

Exiled former Bangladesh PM Sheikh Hasina says she will return from India in December to surrender despite facing a death sentence, saying she wants to face her fate on home soil

Asian stocks climb as AI rally outweighs US-Iran conflict concerns

The renewed ​back-and-forth attacks have further eroded the fragile 3-week-old ceasefire, bringing the spotlight back on oil prices ​and what it could mean for inflation and the global rates outlook

Oil falls, but heads for weekly gain as West Asia supply risks persist

Oil prices edged lower on Friday as inflation concerns weighed on demand, but crude remained on track for strong weekly gains amid renewed US-Iran strikes and uncertainty over the Strait of Hormuz

SBI to sell 1.42% stake in SBI Funds Management in pre-IPO placement

The stake sale at ₹574 per share - the top end of the asset manager's IPO price band - provides an early benchmark for the unit's valuation and indicates institutional demand before public offering

JK Tyre plans additional 5%-6% price hikes by September-end

The hikes reflect pressure across the auto-parts sector after an oil price rally linked to the Middle East conflict drove up the cost of petroleum-based inputs, energy and freight.

Iran hits US military targets in Gulf, lays slain leader to rest

Iran struck US military targets in Gulf states after fresh American airstrikes, while Tehran pursued diplomacy with Oman and Türkiye to prevent wider regional escalation

Air India forms interim panel to oversee firm as search for CEO continues

The panel, led by Chairman N. Chandrasekaran, will oversee the airline until a successor to Campbell Wilson is appointed

India's consumer inflation likely rose above RBI's 4% target in June: Poll

This would also be the highest inflation reading since India introduced its revised consumer price index series with a new base year and updated consumption basket in January

Novo Nordisk launches Awiqli, world's first weekly basal insulin, in India

The once-weekly basal insulin for adults with type 1 and type 2 diabetes aims to reduce the number of annual injections from 365 to 52 and address delays in insulin initiation

Dr Reddy's delays semaglutide supplies over active ingredient quality issue

Drugmaker said certain batches of semaglutide failed to meet quality specifications, prompting a delay in commercial supplies, while maintaining there is no impact on patient safety

Govt probe finds Adani's Mumbai airport shops sold illegal nicotine pouches

Official investigation found nicotine pouches were sold without regulatory approval at Mumbai airport's duty-free outlets, while Adani Group argues the relevant drugs law does not apply to such shops

China asks users to update Claude Code over 'backdoor' security risk

China's National Vulnerability Database alleged that certain versions of Anthropic's AI coding tool may transmit sensitive user information without consent and advised users to update or uninstall it

OpenAI set to launch most capable GPT model after delayed rollout

The release of OpenAI's most advanced AI model was delayed after US government requests amid growing concerns over the misuse of powerful artificial intelligence technologies

Asian shares climb on chip rally, oil jumps as Gulf hostilities resume

Semiconductor stocks rebounded after recent losses, while rising oil prices fuelled inflation concerns and weighed on global bond markets amid renewed US-Iran tensions

SBI Funds Management targets $12.24 billion valuation in India IPO

SBI is selling up to 128.3 million shares, while Amundi India Holding will divest up to 75.4 million shares, together offloading about 10 per cent of SBI Funds Management's paid-up equity capital

Australia's largest pension fund invests $346 ‌million in India's NIIF

The fresh commitment takes the pension fund's total investments in India to A$3.3 billion, ahead of Prime Minister Narendra Modi's business engagements in Australia

Oil prices climb after fresh US strikes on Iran raise supply concerns

Brent crude futures rose 78 cents, or 1 per cent to $78.8 a barrel by 0054 GMT, while US West Texas Intermediate crude futures were up 74 cents, or 1.01 per cent, at $74.26 a barrel

War insurers advise shipowners to pause Hormuz voyages after attacks

Renewed tanker attacks in the Strait of Hormuz have driven up war risk insurance costs, raising concerns over shipping, oil supplies, and maritime security