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China's mfg activity seen extending decline for 3 straight month in July

The world's second-largest economy grew much slower than expected in the second quarter, with the consumer sector a particular cause for concern

Apple used Google's chips to train two AI models, shows research paper

To build the AI model that will operate on iPhones and other devices, Apple used 2,048 of the TPUv5p chips. For its server AI model, Apple deployed 8,192 TPUv4 processors

Four killed in rains, floods as remnants of Typhoon Gaemi lash south China

Meteorological experts said the combination of a weather system from the typhoon, which has been downgraded, and a southwest monsoon has created conditions for heavy rain and high-humidity

Adani Total Gas Q1 results: PAT up 15% to Rs 172 cr on strong CNG demand

The Adani group company's consolidated profit rose 15% to Rs 172 crore (around $21 million) in the three months ended June 30, marking its sixth straight rise in quarterly profit

NDTV Q1 results: Loss widens to Rs 46.75 cr on higher production costs

Quarterly expenses were surged around 77%, with production costs, among broadcasters' biggest expenses, up 80% and marketing spends related to a newly-launched regional channel tripling

Family of Indian man killed in Russia Ukraine war waits for his remains

Ravi Moun, 21, travelled to Russia in January after being contacted by an agent who promised him a job in the transport sector, his relatives told Reuters

Arvind Q1 result: Retailer's profit slips 40% as textile demand falls

Indian textile manufacturers were met with weak demand environment throughout fiscal year 2024, as consumers were weary of spending on discretionary items

Vaccine developer Sinergium to share bird flu vaccine data globally: WHO

Until now, the WHO has assisted partners but this is the first time one of them with a vaccine in development has volunteered to share it with others

India's biggest 2024 IPOs as stock markets boom: All you need to know

More than 150 companies have raised nearly $5 billion through IPOs between January and July

Cost savings drive Philips' Q2 profit growth, flags insurance payout

Since late 2022, Philips has said it would slash up to 10,000 jobs in an attempt to restore profitability and improve product safety

South Korea provides $400 million to small biz hit by Qoo10 payment delays

Missed payments by the e-commerce platforms have grown to around 210 billion won ($152 million), the government estimates

Venezuela's prez election results don't reflect people's will: Blinken

Blinken on Monday said the international community was watching closely and would respond accordingly

Trump effect in clean tech sector keeps renewable energy investors in dark

The law passed in 2022 has acted as a powerful incentive for European companies from the sector to expand or establish their U.S. presence

Flights at Beirut airport cancelled, delayed amid fears of Israeli attack

A rocket strike that killed 12 teenagers and children in the Israeli-occupied Golan Heights on Saturday has added to concerns that Israel and the Iran-backed group could engage in a full-scale war

UK's new finance minister accuses last govt of multi-bn pound 'cover-up'

On becoming finance minister, Reeves ordered officials to conduct a fresh assessment of public funding needs which she will present to Parliament on Monday

Venezuelans await presidential results after quarter-century socialist rule

Gonzalez has won backing even from some former supporters of the ruling party, but the opposition and observers raised questions ahead of the vote as to whether it would be fair

Country Garden liquidation hearing adjourned to Jan 2025: Hong Kong court

Ever Credit Limited, a unit of Hong Kong-listed Kingboard Holdings, filed the liquidation petition against Country Garden in February for non-payment of a $205 million loan

Yen eases after demands sap, Nikkei jumps amid central bank meetings loom

Speculation has grown that the Bank of Japan will raise interest rates on Wednesday at the same time as significantly reducing its monthly bond purchases

Asia shares rebound, hoping for dovish Fed guidance for a Sept rate cut

The Bank of Japan also meets Wednesday and markets imply a 70% chance it will hike rates by 10 basis points to 0.2%, with some chance it could move by 15 basis points

Ola Electric's IPO to attract investor bids from Fidelity, Nomura

Ola Electric's roughly $740 million IPO will open this week and will be the first by an Indian electric vehicle maker