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Biden administration created atmosphere that provoked attack, claims Russia

We do not believe that the attempt to eliminate and assassinate Trump was organised by the current authorities, Kremlin spokesman Dmitry Peskov told reporters

OpenAI whistleblowers urge US SEC to investigate restrictive NDAs

The AI company made employees sign agreements that required them to waive their federal rights to whistleblower compensation, according to the letter seen by the Washington Post

Boeing begins long-delayed 777-9 certification flight testing with US FAA

The company said it conducted its first flight on Friday night after receiving Type Inspection Authorization (TIA)

Hyundai Motor rules out any special worker share allocation despite stir

Hundreds of workers at the company's main Indian plant at Sriperumbudur near Chennai demonstrated this week to demand a share allocation in the upcoming record $3 billion listing

CCI antitrust probe finds Apple abused position in apps market: Report

The Indian investigation report comes as Apple faces increased antitrust scrutiny in other regions

Airbus launches cost cutting measures to 'save 2024' after output troubles

An Airbus spokesperson declined to comment on internal memos but confirmed the existence of a performance-improvement plan

Indian banks eye record infra bond issue for second straight financial year

If successful, funds raised via these bonds in the first five months of the current fiscal year started in April will surpass the Rs 544 bn raised in FY 2023-24

Airways major Lufthansa slashes 2024 profit target for a second time

Equity analysts said Lufthansa's decision was not surprising, given its cost challenges linked to strikes earlier this year and delivery delays from plane manufacturers

Citigroup's profit climbs on investment banking surge, services strength

The upbeat results come two days after U.S. regulators fined Citi $136 million for making "insufficient progress" in fixing data management problems identified in 2020

Unilever to cut a third of office jobs in Europe by end of 2025: Report

The report added that the cuts were a part of the cost-savings programme announced in March, which included as many as 7,500 layoffs

Data from around 109 mn US customer accounts illegally downloaded: AT&T

The U.S. telecom company said the FBI is investigating and at least one person has been arrested after AT&T call logs were copied from its workspace on a third-party cloud platform

JPMorgan Chase profit jumps to $18.15 bn on higher investment banking fees

Investment banks have benefited from a resurgence in capital-raising activity both in debt and equities markets

Adani Ports aims to complete phase one of long-delayed port by year-end

Adani Ports, a part of billionaire Gautam Adani's ports-to-power conglomerate, aimed to start operations at the port in the state of Kerala in 2018 but faced delays due to land acquisition issues

Taiwan Prez Lai Ching thanks Micron CEO for his trust, investment in island

Lai thanked Mehrotra for showing trust and support for Taiwan in video released by the president's office

Imran Khan's PTI wins 20 extra reserved seats in Pakistan's parliament

Under Pakistan's election rules, parties are allocated 70 reserved seats - 60 for women, 10 for non-Muslims - in proportion to the number of seats they win

Modi govt departs from privatisation plans, might overhaul state-run firms

The aim is to raise $24 billion in the current April-March fiscal year and re-invest the funds in the companies

Yen choppy amid intervention concerns, Asian shares eye weekly gain

Moves in the yen against the dollar and other major currencies stole the spotlight on Friday

Israel-Gaza war should end now, Israel must not occupy Gaza: Prez Biden

Biden in late May detailed a proposal of three phases aimed at achieving a ceasefire

China's exports exceed forecasts, declining imports point to more stimulus

The mixed trade data keeps alive calls for further government stimulus as the $18.6 trillion economy struggles to get back on its feet

Govt bond yields marginally down ahead of fresh supply via debt auction

The latest data has led to a repricing of interest rate cut expectations, with the probability of a 25-basis-point rate cut by the Federal Reserve in September