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OpenAI considers special voting rights to guard against hostile takeovers

Chief Executive Officer Sam Altman and board members are evaluating new governance measures as the company transitions to a traditional for-profit structure

HSBC lays off 40 dealmakers in Hong Kong as part of revamp to cut costs

The job cuts in HSBC's regional hub Hong Kong started on Monday, where at least four managing directors were let go, with three of them based in Hong Kong and one in Singapore

Australia backs Virgin-Qatar Airways tie-up, cites improved air services

Virgin Australia is the biggest domestic rival to Qantas Airways, which has ties with Dubai-based Emirates and an arrangement with Finnair to operate flights between Sydney, Bangkok and Singapore

Chinese consumer portal flooded with complaints after BYD's smart EV launch

Over 4,700 complaints were filed against BYD cars between February 11-17 on 12365auto.com, a third-party auto consumer complaints platform, compared with about 150 the week before

Honda ready to revive takeover talks if Nissan CEO Uchida steps down

Nissan CEO Makoto Uchida has expressed his intention to stay until 2026, but is facing pressure to step down in coming months from board members and French partner Renault

Shein exec reassures investors after Trump crackdown on low-value imports

Shein investors include Sequoia Capital, General Atlantic, Declaration Partners, Brookfield, and Claure Group, according to PitchBook

FDA staff reviewing Musk's Neuralink among the employees fired by DOGE

The cuts included about 20 people in the FDA's office of neurological and physical medicine devices, several of whom worked on Neuralink

Southwest Airlines to cut 15% of corporate jobs, remove about 1,750 roles

Layoffs, to be completed substantially by the end of the second quarter, are estimated to net $210 million in savings this year and full-year savings of $300 million in 2026

Israel, US cannot do anything against Tehran, says Iran foreign ministry

Speaking at a weekly press conference on Monday, Iran's Foreign Ministry spokesman Esmaeil Baghaei responded: "When it comes to a country like Iran, they cannot do a damn thing"

'Matter of survival': Volkswagen to court in $1.4 bn tax demand case

Authorities alleged Volkswagen India imported almost entire cars in an unassembled condition - which attracts a 30-35% tax - but evaded levies by mis-classifying them as "individual parts"

UK offers peacekeeping troops to Ukraine as Europeans hold emergency summit

The Europeans were holding an emergency summit in Paris to discuss their role in Ukraine's future after President Trump announced it would sit down with Russia to seek an end to the 3-year-old war

Airbus struggles to raise A350 output on delays in fuselage parts arrival

The delays have cast doubt on Airbus' ability to increase production above current rates of around six jets a month for at least the rest of this year

NTPC to invest $62 bn in 30 GW nuclear power expansion over 20 years

NTPC was targeting 10 GW of nuclear capacity but tripled the goal after the government this month announced plans to open up the sector to foreign and private investment

Russia wheat export prices rise for 4th consecutive week, shipments decline

Despite continued price increases, exporters' margins remain low. In addition, bad weather at ports has had a direct impact on shipments

Yen rallies on upbeat growth data, dollar steady around two-month low

This has cemented the case for more rate hikes from the Bank of Japan this year. Markets are now pricing in roughly another 37 basis points worth of increases by December

INC slams Trump's F-35 fighter jet offer, Russia makes its own pitch

After meeting Modi in Washington last week, Trump said the U.S. will increase military sales to India starting in 2025 and will eventually provide the fifth-generation F-35 fighters

Khelo India winter games in Kashmir postponed on 'insufficient snowfall'

Around 300 athletes were expected to compete in four snow sports - ski mountaineering, alpine skiing, snowboard, and Nordic skiing - in the games, which had been due to be held from February 22 to 25

China lauds EU ties as Trump's peace plan with Russia chills continent

In contrast, China's Foreign Minister Wang Yi used his address to say that all stakeholders in the Russia-Ukraine war should participate in any peace talks, including the European Union

Oil steady as Russia-Ukraine peace deal may ease supply chain disruptions

Brent crude futures ticked up 5 cents, or 0.07 per cent to $74.79 a barrel at 1003 GMT, while US West Texas Intermediate crude was up 8 cents, or 0.11 per cent at $70.82 a barrel

Global aerospace firms turn to India amid Western supply chain crisis

JJG Aero, also in Bengaluru's industrial hub, took 12 years to hit $2 million in revenue but soared to $20 million in the last six, said CEO Anuj Jhunjhunwala