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US grants Amazon's Zoox first approval for steering-wheel-free robotaxis

US regulators have allowed Amazon-owned Zoox to commercially deploy up to 2,500 steering-wheel-free robotaxis annually, subject to state approvals and added safety oversight

Meta's AI splurge lays bare its compute conundrum, cash flow shrinks by 91%

Pressed by analysts for details on Meta's plans, Zuckerberg framed compute as a scarce strategic asset that the company should keep and build around, rather than simply sell for short-term profit

Microsoft Azure revenue tops $100 bn as cloud growth hits 4-year high

Chief Financial Officer Amy Hood said she expected growth in the cloud unit to accelerate further in the current quarter, to about 45 per cent.

Samsung chip profit jumps 250-fold, signs long-term AI supply deals

The company's net profit for the quarter ended June 30 climbed to 71.27 trillion won ($49.2 billion).

Federal Reserve's 'hawkish hold' muddies path for stocks and bonds

The Fed's decision to hold rates while signalling a hawkish stance has heightened uncertainty, leaving investors to navigate volatile stock and bond markets without clear forward guidance

Fed leaves rates unchanged; three policymakers dissent in favour of a hike

Warsh, who took over as Fed chair in May, has said he has "no tolerance" for inflation that has remained above the central bank's 2 per cent target for more than five years

Vedanta Aluminium Q1 result: Net profit jumps over 3-fold to ₹5,629 cr

The newly demerged aluminium company reported a sharp rise in first-quarter profit as elevated metal prices and strong demand lift earnings

Gillette India Q1FY27 result: Profit rises 9.4% on steady products demand

The Procter & Gamble unit reports higher first-quarter profit and revenue, driven by strong growth in its grooming and oral care businesses despite rising input costs

India's gold tariff hike boosts grey market, hurts organised trade: WGC

The World Gold Council says higher tariffs have widened the price gap, boosting grey-market gold imports and hurting organised players in India

Samsung sees chip shortage extending to 2028, signs long-term supply deals

The world's largest memory chipmaker expects supply constraints to worsen through 2027 as demand from data centres drives record semiconductor profits

Apple set for strongest June-quarter growth in yrs on steady iPhone prices

The tech giant's decision to absorb rising chip costs helps boost iPhone shipments and market share, but investors question how long it can avoid price hikes

Asian stocks choppy after rout, Fed leaves markets uncertain on rates

Asian chipmakers have been the centre of attention this week after a deep selloff in South Korean stocks that wiped more than $2 trillion from the country's equity market rocked markets

Oil prices slip as tanker traffic steadies despite escalating US-Iran war

Brent slips below $90 a barrel after a sharp rally as shipping through key West Asian routes continues despite widening regional conflict

Publicis challenges CCI probe over brand name, legal entity dispute

Publicis says the CCI should amend its investigation papers to name its Indian unit, TLG India, rather than "Publicis Groupe"

Fifa's private equity push opens new front in power struggle with Europe

The global governing body led by Gianni Infantino plans to create a $20 billion subsidiary to run the World Cup and other FIFA events, offering stakes of up to 20% to external ‌investors

Oil prices jump nearly 7% after major airstrikes resume in West Asia

Brent crude surged nearly 7% as renewed West Asia strikes, Strait of Hormuz tensions and falling US crude inventories stoked fears of supply disruptions

Asian Paints Q1 result: Net profit surges to ₹1,539 crore, revenue up 18%

Shares of ‌the company were up as much as 4.7% to ₹2,864, their highest level since January

Indian Oil Corp scouts stakes in gas carriers as it plans higher US imports

IOC would be the first Indian refiner seeking ownership of very large gas carriers

NTPC plans ₹17 trillion investment by 2037 to expand power capacity

The company is targeting 30 GW of nuclear capacity by 2047 as it steps a push into ‌nuclear ​power, with its ​eyes set on capacity of about 6 GW by 2037

US govt should not block Chinese models to gain edge in AI race: Zuckerberg

The Trump administration ‌on Tuesday unveiled bans ​that target imports of ‌new Chinese robots and power inverters, seeking to protect ‌the US AI buildout from national security threats