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Rupee declines to 96.14/$ on rising oil prices, portfolio outflows

The ‌rupee declined to a low of 96.1475 per dollar, down nearly 0.2% on the day, before trimming losses on likely intervention by the Reserve Bank of India

China's AI agents can lie and scheme, just like their US rivals

"These results provide evidence that the ingredients necessary for an uncontrolled escape are present," said Colin Shea-Blymyer, a research fellow said

OpenAI takes on Meta with always-on Dots agent in enterprise AI push

The Dots agents aim to capitalize on growing demand for agents that can handle everyday work with little supervision.

China expects strongest super El Nino event on record this year

The central and eastern equatorial Pacific started to show El Nino ‌conditions in May, and ​sea surface ​temperature indices have risen rapidly, officials of the ​National Climate Centre said.

Russian envoy Dmitriev discussed peaceful resolution to end Ukraine war: US

Putin envoy arrived "to continue ​constructive discussions on a peaceful resolution to the Russia-Ukraine conflict ‌and possible US-Russia energy initiatives ‌after the war ends," the US official said

SP Group's Mercury Finance taps dollar debt to meet another unit's dues

The real estate conglomerate plans to use the ​proceeds to invest in rupee-denominated bonds to be issued later by a local group entity.

India's Sun Pharma plans $1 billion local debt sale for loan takeout

Bankers expect total domestic corporate debt issuances this year to hit a record as higher US yields make dollar funding costlier, ​pushing companies to explore funding within the domestic market

Tata leadership transition, IPO unlikely to impact ratings: S&P Global

Tata Trusts have proposed a restructuring that could help Tata Sons avoid a listing after the central bank rejected the company's request to ‌surrender its status as a large non-bank finance company

Delhi HC quashes FSSAI order barring Red Bull from using energy drink label

India ordered makers of high-caffeine beverages sold as 'energy drinks' to stop using the description, rejecting efforts to stall the move in a market expected to be worth $1.6 billion by 2028

US forces set to exit Iraq after two decades, leaving opening for Iran

Iraqi security experts say the withdrawal could give Tehran and its powerful allies free rein, while also allowing other US enemies to stage a comeback, including Islamic State

Red Bull challenges FSSAI for prohibiting use of 'energy drink' label

The move has triggered a standoff, as Pepsi, Red Bull, ​Monster Beverage and Mukesh Ambani's Reliance fear removing the category label could damage brands built around instant-energy claims

CNN, MS NOW, Politico seek court order to retain White House access

The ‌news outlets asked a ​judge overseeing their case ​in Washington, DC, federal court to grant a preliminary ​injunction blocking Trump's bans until there is a final ruling in the case

'I offered nothing': Trump denies offering sanctions relief to Iran

Trump rejected reports that he was willing to ease sanctions and release frozen Iranian funds in exchange for concrete steps on Tehran's nuclear programme

Anthropic warns AI may pose 'existential risks to humanity' in IPO filing

While public ​companies routinely outline product risks to investors, few, if any, ​have issued warnings suggesting their technology could cause potential human extinction

AMD to acquire Fei-Fei Li's World Labs in $8.2 billion bet on physical AI

The acquisition gives AMD access to research on spatial intelligence, an emerging field focused on enabling AI systems to model three-dimensional environments and physical interactions

Oil prices rise for second session on continued West Asia supply concern

Brent crude futures had risen 63 cents, or 0.6%, to $105.91 a barrel ‌by 0002 GMT while US West Texas Intermediate crude was at $93.32, up 72 cents, or 0.8%

US, Iran officials separately talk with mediators in latest bid to end war

Any further talks are expected to focus on an amended version of a seven-day proposal that Iran ‌presented last week on the sidelines of the United Nations ​General Assembly

Meta hires MongoDB CEO Desai to spearhead enterprise AI business

Desai, a veteran technology ​executive, took over the role from ​Dev Ittycheria. MongoDB has appointed Ittycheria as interim CEO as it searches ​for a permanent replacement.

From pickups to idle plants: Automakers seek lifeline from defence boom

The industry is tapping into rising Western defence spending, but executives and analysts told Reuters the opportunities to materially boost revenue remain limited.

China and US have agreed to tariff cuts on $60 billion of goods

Under the US-China Board of Trade, both countries have each recommended $30 billion of trade in non-sensitive goods for more favourable tariff treatment, US Trade Rep said