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Hyundai Motor India to hike vehicle prices by up to 1% from September

Hyundai Motor India said on Wednesday it will increase vehicle prices by up ​to 1% across its portfolio from September ​this year, with the extent of the hike ‌varying by model and variant.

Another suspect in Nord Stream case arrested in Croatia: German prosecutors

German prosecutors said Ukrainian national Vladimir Z. was part of a group accused of planting explosives on the Nord Stream pipelines near Denmark in 2022

Sebi reviewing small-company IPO, delisting rules: Chairman Tuhin Kanta

Sebi is also looking to support global fund management activity from India, Pandey said

NCLT to rehear bankruptcy petitions against SpiceJet after settlement

The move is setback to aircraft leasing firms that have waged long battle against airline to recover debts, but is reprieve for SpiceJet as its existing management will remain in control of airline

Apple sets 5% commission for apps outside App Store in European Union

The company last year changed App Store rules and fees in the EU after the bloc's antitrust regulators ordered it to remove commercial barriers ‌

Cerebras launches new server chip, system designed to speed AI chatbots

Cerebras makes AI hardware and chips that compete with Nvidia and targets the portion of AI called inference, the computing process of generating an answer in a chatbot such as Anthropic's ‌Claude

Meta rejects claims it sought to hook children to Facebook, Instagram

4 lead states - California, Colorado, Kentucky and New Jersey - accused Meta of designing Facebook and Instagram to hook young users

OpenAI slows model training to bolster security after Hugging Face hack

The AI research lab behind ChatGPT said ‌it paused its model testing for two weeks and is ​adding other AI systems to monitor the activities ​of AI agents in testing

Air New Zealand appoints former Air India CEO Campbell Wilson as director

The appointments come as the airline, New Zealand's national carrier, navigates delayed aircraft deliveries, persistent engine problems and elevated fuel costs stemming from the West Asia conflict

Oil prices edge higher on uncertainty over exports through Hormuz

Brent crude futures climbed 26 cents, ‌or 0.29%, to $91.28 by 0004 GMT, while US West Texas Intermediate crude futures were up 37 cents to $85.31 a barrel

Saudi Arabia resumes oil loadings, sales from inside Strait of Hormuz

The resumption of Saudi exports could help ease the tight supply of heavier grades that produce more residue fuel which can be used to refuel ships or can be processed further at refineries

Hormuz Strait to remain shut until US meets interim deal conditions: Iran

The memorandum of understanding, clinched on June 17, ​quickly unravelled over a dispute about control of ‌the Strait of Hormuz, the narrow waterway through which ​a fifth of global oil and liquefied

Saudi Arabia tightens anti-crime oversight on UAE-bound bank transfers

Six businesspeople told Reuters their companies have had transfers in various currencies delayed or returned by Saudi banks with no official explanation.

Swiggy announces expanded leadership roles for 3 senior executives

Himavant Kurnala has been appointed Chief Growth and Product Officer, Instamart, Nitesh Garg the Chief Technology Officer, Instamart, and Saurav Goyal the Chief Operating Officer, Food Marketplace.

Torrent Gas to file updated draft papers for up to $418 million IPO

The ​filing comes at a time when India's primary market activity has picked up ‌substantially after a muted first half of the year due to the Iran war-driven spike in ​crude ‌oil prices.

Vessel hit by unknown projectile in Hormuz, crew casualty reported

No environmental impact has ‌been reported ​and authorities are ‌investigating, UKMTO said

Hormuz crossings rise slightly from weekend, remain in single digits

Six commodity ships ​transited the strait ​on Monday, of which three were exiting the ​Gulf and three were entering, Kpler shiptracking data showed, compared with the 10-day average of 11 ships

Iran threatens new offensive while US rules out extending ceasefire deal

Asked by reporters on Monday if the US was seeking to extend June's interim agreement, US President Donald Trump said no

Brent climbs above $91 as fading US-Iran peace hopes raise supply risks

Brent crude futures climbed 27 cents, or 0.3%, to $91.14 by 0003 GMT, after rising to their highest since July 30 on Monday

China's ByteDance signs AI copyright pact with Hollywood trade group

The deal, which ​covers ByteDance's Seedance video and Seedream image-generation models, follows a cease-and-desist letter the MPA sent in February ​over these tools.