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Samsung posts 19-fold jump in profit, but AI demand concerns hit shares

Samsung shares nevertheless dropped as ​much as 7.9% in morning trade, while rival SK Hynix's shares ​fell as much as 7.3%, dragging the benchmark KOSPI down 6%

Fitness firm Cult.fit files for IPO to raise ₹950 crore via fresh issue

Cult.fit operates 708 fitness centres across India and had more than 987,000 paid members as of March 31, 2026

There will either be a deal with Iran or US will 'finish the job': Trump

Secretary of Iran's Supreme ‌National Security Council Mohammad Baqer Zolqadr called Trump's threat 'delusional'

Oil prices edge higher as focus shifts to supply recovery and demand

Brent crude futures ​gained 28 cents, or 0.39%, to $72.29, and US WTI crude rose ‌to $68.84 a barrel, up 29 cents, or 0.26% as of 0046 GMT, after settling down to around pre-Iran war levels on Monday

South Korean chipmaker SK Hynix launches $28 billion Nasdaq listing

The deal comes as Asian chip companies tap strong global demand for AI-related stocks

Dior beats Chanel to dress Taylor Swift for wedding of the decade

Dior said the couple's wedding looks were created in its ateliers at 30 Avenue Montaigne in Paris and designed by Anderson in close collaboration with the pair

Sebi may ease short selling by doubling lendable stocks for investors

Stock scam ‌scandals led India to develop strict requirements for its cash equities market, with rules tightened in the early 2000s and then again in the period 2017 to 2020

Lockheed Martin to acquire Ultra Maritime in $3.45 billion deal

The acquisition of Advent-owned Ultra Maritime will bolster Lockheed Martin's capabilities in anti-submarine warfare and undersea defence technologies

Microsoft joins AI-driven tech layoff wave with nearly 4,800 job cuts

The software giant is cutting 2.1 per cent of its workforce as it invests heavily in AI infrastructure and seeks to improve efficiency across its businesses

Indian IT majors set for subdued Q1 as AI shift, weak demand weigh

Analysts expect weak constant-currency growth as AI-led pricing pressure, cautious client spending and geopolitical uncertainty weigh on demand despite currency gains

Oil prices slip after Opec+ agrees to raise August output targets

Brent crude falls below $72 a barrel, while US WTI slips to around $68.6 as recovering Strait of Hormuz exports ease supply concerns

Nato Summit 2026: Defence spending, Ukraine, Iran conflict dominate agenda

Trump's frequent criticism of Nato, along with announced troop withdrawals from Europe and a six-month review of the US military presence on the continent, has fuelled uncertainty within the alliance

India's June car sales jump 29%; EVs and hybrids hit record share: Fada

Alternative-fuel vehicles account for a record 40.4% of retail car sales in June as higher petrol and diesel prices boost demand

Nato leaders face defence, spending and Ukraine challenges in Ankara

Nato leaders meeting in Ankara on 7-8 July will focus on defence, deterrence, burden-sharing, military spending and sustaining support for Ukraine amid evolving security challenges

Trump mixes patriotism and politics at US 250th anniversary event

The US president used a July 4 speech marking the country's 250th anniversary to celebrate American achievements while renewing calls for tighter voting rules and warning against communism

Trump offers to help Putin seek Ukraine deal, also calls Zelenskyy

Russia has said any solution must include ‌Moscow assuming full control over Ukraine's Donbas region

Heatwave disrupts Fourth of July events across US, strains power grids

Extreme temperatures shut down events, including the Great American State Fair in Washington, as sweltering conditions disrupted Independence Day celebrations

Dabur expects strong Q1 profit growth as price hikes cushion inflation

The FMCG major said higher prices helped offset inflationary pressures, while rural demand and international markets continued to drive growth

Govt seeks to contain backlash against mandatory E20 petrol rollout

The Centre defended the mandatory use of 20 per cent ethanol-blended petrol after criticism over fuel efficiency and vehicle performance fuelled calls for protests

Irdai plans overhaul of commission rules to curb insurance misselling

The insurance regulator is expected to propose staggered commission payouts over the life of a policy and link remuneration to advisory and after-sales services