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HSBC's first female CFO Pam Kaur to step down from role in 2027

HSBC said its board has started to ​look for a successor, and will consider "both internal and external candidates".

US senators call for AI rules after Anthropic researchers' safety warnings

OpenAI bats for safety rules OpenAI said it was pushing for mandatory national AI safety requirements in the US.

Trump administration mulls ending 60-day grace period for H-1B holders

The 60-day grace period, allows foreign workers time to find another U.S. ‌job or get their affairs in order - whether ​selling a home or pulling children out of ‌school - before leaving the country.

Houthis seize key Yemeni Red Sea port, threatening global energy flows

4 Yemeni govt military sources said the Houthis had gained further leverage over the Bab el-Mandeb Strait, the southern outlet of the Red Sea and one of the world's most important shipping routes

No military response discussed under Mecca pact over attacks on Saudi: Pak

The joint defence agreement signed last month stipulates that an armed attack on any one of ​the three countries will be regarded as an attack ​on all of them.

ECB hikes rates from 2.25% to 2.5% as Iran war drives fuel inflation fears

The ECB responded by raising its policy rate to 2.50% from 2.25%, saying inflation was expected to stay above its 2% goal for some time.

Investors pour record amount into MFs through monthly savings plans in Aug

Flows via systematic investment plans, the preferred route ‌for retail investors, marked a 1.1% increase in contributions to ₹32,297 crore ($3.39 billion) last month

Govt open to stricter red warnings on food packs in setback for companies

The announcement came as India's federal and state food regulators pursued an aggressive enforcement drive, with surprise raids on eateries uncovering poor hygiene and leading to many forced closures

Ultraviolette plans ₹779 crore Tamil Nadu plant as EV demand surges

The Hosur facility will initially produce 250,000 electric two-wheelers annually and can scale to 500,000 units as the company targets India's growing mass-market EV segment

Vessel traffic through Strait of Hormuz falls to 7, below 10-day average

Vessel traffic through the key oil-shipping waterway fell to seven on Wednesday from 12 a day earlier and remained well below the 10-day average of 14, preliminary ship tracking data showed

Hero Motors' ₹1000-crore IPO to open on Sept 16; price band at ₹79-₹84

The three-day IPO will open on September 16, with the auto parts maker planning to raise ₹600 crore through fresh shares and ₹400 crore through an offer for sale

Asian stocks slide as oil tops $100, investors brace for US inflation data

MSCI's Asia-Pacific index fell 1 per cent, while Japan's Nikkei and South Korea's KOSPI dropped more than 1 per cent as investors weighed higher oil prices and the outlook for US monetary policy

Oil prices cross $100 as Iran-US attacks deepen crude supply fears

Brent crosses the $100 mark as attacks on shipping near the Strait of Hormuz intensify, raising concerns over deeper disruptions to global oil supplies

China's DeepSeek taps CITIC Securities for domestic IPO: Report

DeepSeek's engagement of CITIC, which has ​not been reported so far, is an indication that the startup is moving along in its IPO plan.

Mao, Cultural Revolution cast long shadow over China 50 years on

During the Cultural Revolution, a distrustful and ageing Mao mobilised students and supporters against perceived "class enemies," including leaders accused of "taking the capitalist road,"

Amazon reviews Indian state food inspectors' findings after raid

Federal and state officials have raided clubs, restaurants and big brands such as Domino's and McDonald's as part of a nationwide enforcement crackdown in recent months.

Google to invest $15 bn in AI infra and buy nuclear power in Finland

The Finland deal also includes a 22-year purchase agreement for up to 50% of the energy output ​of one of the country's two nuclear plants

Amazon to raise over $5 bn in first sterling bond sale, lead managers say

Amazon saw over 12 billion pounds in demand for the four-part deal, ​which will is expected to raise 1 billion pounds each from 3-, 6-, 12- ‌and 19-year bonds

Dow weighs exit from $20 billion partnership with Aramco: Report

The joint venture, Sadara Chemical Co, operates a complex in the Saudi city of Jubail ​with annual production capacity ‌of over 3 million metric tons of ​chemicals and plastics.

SFIO recommends detailed probe into Xiaomi's business, FDI compliance

The recommendation said the investigation should examine movement of funds and whether Xiaomi sought mandatory investment approvals as required after India tightened scrutiny of Chinese investments