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Nvidia in talks with OpenAI to guarantee $250 bn financing for data centre

The backstop from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank's energy subsidiary is developing in southern Ohio

CXMT surges 466% in debut, becomes China's most valuable listed firm

The explosive debut ​crowned CXMT as China's most valuable listed company, overtaking banking giant Industrial and Commercial Bank of China, long the market's heavyweight

India's engineering exports rise 21% as shipments to China jump 74%

The growth in engineering exports provides a buffer for India's broader merchandise trade, which faces mounting pressure from higher freight, insurance and transit costs

MRPL asks crude suppliers to avoid Red Sea, Strait of Hormuz routes

Red Sea traffic ‌has been disrupted off the ​coast of Yemen ​since last week by the Tehran-aligned Houthis, who want to ​blockade Saudi exports

​AstraZeneca beats second-quarter profit expectations, holds outlook

The drugmaker reported better-than-expected second-quarter earnings, driven by strong demand for cancer and rare disease therapies

UltraTech Cement eyes its biggest rupee bond raise at ₹5,000 crore

It is targeting ₹1,500 crore each in the shorter two tranches at ‌annual coupons of 7.22 per cent and 7.23 per cent, respectively, and ₹2,000 crore in the five-year tranche at 7.25 per cent

Indian banks have raised $32 billion under dollar-inflow schemes: RBI Guv

Most of the $32 billion raised so far has come from the foreign currency non-resident deposit scheme, Malhotra said

Iran war spreads to Red and Caspian Sea, Gulf quiet as US forgoes strikes

The US military said on Saturday that its naval blockade against Iran 'remains in full effect' but did not explain why it halted a streak of 13 nights of escalating strikes

Australian PM to raise concerns over new tariffs with US President Trump

Australian Prime Minister Anthony Albanese says he will raise new US tariffs with President Donald Trump, calling the measures unjustified and seeking their removal

Will call out Trump if required: Britain's new Prime Minister Andy Burnham

UK Prime Minister Andy Burnham said he will always put Britain's interests first and will call out Donald Trump if required, while ruling out an early general election

India to keep engaging with US on trade deal after new tariff measures

The Trump administration on Friday unveiled fresh duties of between 10% and 12.5% on goods from 60 trading partners, including India

China's memory chip makers ride AI boom to new power and US scrutiny

Executives at the Huawei-connected equipment vendor, SiCarrier, concluded the confrontation was the result of the power struggle between CXMT and Huawei

Novo Nordisk seeks orders to block Eli Lilly weight-loss drug ads

Lilly on Friday denied any wrongdoing, saying it stood by its advertising and would vigorously defend itself. Novo and Lilly are battling for dominance in the obesity drug market

Volkswagen CEO warns deeper cost cuts needed as China competition mounts

"When we look to the future, we have more and more risks coming," Blume said, pointing to more than 150 competitors in China

SK Group chairman Chey Tae-won ordered to pay $640 million in divorce case

Fund managers said Chey may still need to sell shares in units of SK Group or use them as collateral to raise funds for payment, but it probably wouldn't affect management control of the conglomerate

Intel signals stronger growth as AI infrastructure spending gathers pace

Intel expects third-quarter revenue between $15.8 billion and $16.8 billion, compared with analysts' average estimate of $15.1 billion

Donald Trump warns China and Russia against involvement in Iran war

US President Donald Trump does not believe that China and Russia are participating in the Iran war but warned that if they did get involved, then it would be very bad for them

Spain declares national emergency over wildfires, France asks EU for help

French authorities ordered the total evacuation of the Cap Ferret peninsula, a tourism hotspot busy for the summer season, as smoke and flames drew closer to homes

Shriram Finance Q1FY27 results: Net profit jumps 60% to ₹3,445 crore

The non-banking finance company (NBFC) reported a standalone profit at ₹3,445 crore ($357.05 million) for the quarter ‌ended June ​30

Sapphire Foods Q1 results: Net profit at ₹14.04 crore, revenue climbs 15%

Sapphire, ‌a franchisee for U.S.-based Yum Brands, reported a consolidated net profit of ₹14.04 crore ($1.46 million) for the April-June quarter