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Backed by president Biden, Harris scrambles to cement her White House bid

The United States has yet to elect a woman president in its 248-year history

Next-generation US jet fighter programme may get hit by budget constraints

Sources briefed on the Air Force's internal budget deliberations said the anticipated 2026 fiscal-year NGAD budget of $3.1 billion would be slashed as funding shrinks

China conducts surprise rate cuts in efforts to support weak economy

The cuts come after China last week reported weaker-than-expected second-quarter economic data and its top leaders met for a plenum that occurs roughly every five years

Delta Air Lines faces widespread flight cancellations after IT outage

Delta has offered no timetable for when normal operations would resume and has already canceled another 137 flights for Monday, according to FlightAware

President Biden quit race for reelection after unfavourable poll data

Only the day before, Biden was telling many aides that he would continue campaigning to defeat Republican rival Donald Trump in November

Kamala Harris on biz: Friendly to Big Tech, aggressive in climate fight

In 2015, she compelled startup Houzz to hire a chief privacy officer after allegations that the home design app had recorded sales calls without proper notification and consent

Tough on Israel, steady on Nato: Here's how Harris foreign policy can look

Harris has signaled, for instance, that she would not deviate from Biden's staunch support for Nato and would continue backing Ukraine in its fight against Russia

Edtech firm's founder Byju Raveendran faces reckoning as startup implodes

Accused of financial mismanagement and compliance issues, the son of family of teachers from a small village in south India faces a reckoning that will test the ingenuity that made him a poster child

Budget 2024: From mfg to trading, here's list of likely winners and losers

After a shock election result saw Modi's party returned to power relying on allies, the government is expected to boost consumption in Asia's third-largest economy by lowering personal taxes

Asian shares tread cautiously; Wall St unfazed as Joe Biden bows out

Investors seemed well-prepared for news that US President Joe Biden had dropped out of the election race and endorsed Vice President Kamala Harris for the Democratic ticket

US election: World leaders react to Biden ending reelection campaign

German Chancellor Olaf Scholz said that Joe Biden has achieved a great deal: for his country, for Europe, for the world

Biden pulls out of reelection bid; backs Harris for US Presidential polls

Biden, in a post on X, said he will remain in his role as president and commander-in-chief until his term ends in January 2025 and will address the nation this week

Economy booms, pvt sector continues to expand, but youth chases govt jobs

Since 2014, India's GDP has grown from $2 trillion to near $3.5 trillion in fiscal 2023-24 (April-March) and is expected to expand 7.2 per cent in the current year

About 8.5 mn devices got affected by CrowdStrike-related outage: Microsoft

We currently estimate that CrowdStrike's update affected 8.5 million Windows devices, or less than one percent of all Windows machines, Microsoft said in a blog

Boeing restoring output, expects 787 suppliers to catch up by year end

Boeing halted deliveries of the 787 widebody jet for more than a year until August 2022 as the FAA investigated quality problems and manufacturing flaws

PSU refiner BPCL expects further cuts in oil OSPs as fuel margins drop

Indian refiners have also raised imports of Russian crude sold at discounts after Western nations imposed a raft of sanctions against Moscow for its invasion of Ukraine

Meta chief Zuckerberg won't endorse Trump or Biden in elections: Report

Meta has frequently called out Trump's posts for containing misinformation and breaching content rules on its platforms

Banking to healthcare operations: What caused the global cyber outage?

George Kurtz, CrowdStrike's CEO, said in a post on X that CrowdStrike had deployed a fix for the issue. "This is not a security incident or cyberattack," he wrote

'Blue screen of death': Underlying cause of outage fixed, says Microsoft

CrowdStrike CEO George Kurtz said on social media platform X that a defect was found "in a single content update for Windows hosts" that affected Microsoft's customers and that fix was being deployed

Gold prices decline from all-time peak on profit taking, firmer dollar

Spot gold was down 1.9% at $2,399.13 per ounce by 1709 GMT. Bullion hit an all-time high of $2,483.60 on Wednesday