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France's top court blocks social media ban for children under 15

France's Constitutional Council said the proposed ban disproportionately infringed freedom of expression and lacked safeguards for the right to privacy.

Goldman taps investors for backing Nvidia's $500 bn AI infra financing

US insurers, money managers and banks are expected to form the core investor base as Goldman explores private credit and debt structures for the financing.

US says Iran naval blockade can continue indefinitely as talks stall

Defence Secretary Pete Hegseth said that the US military has the capability to maintain a naval presence in the region to enforce its blockade of Iran

US consumer sentiment drops by 4.2% in Aug as West Asia conflict drags on

US consumers' one-year inflation expectations rose to 4.3% in August from 4.2% in July as the Middle East conflict raised concerns over living costs.

FDA shuts some Domino's, Pizza Hut stores in Maharashtra over hygiene lapse

In recent weeks, India's federal food regulator has cracked ‌down on labelling by companies including PepsiCo and Diageo that it says breaches rules, while also cancelling many food business licenses

Trump allows Navy to build ships abroad, orders return to steam catapults

Trump's directive would allow foreign shipbuilders to construct up to two vessels overseas while ordering the Navy to replace EMALS with steam catapults.

China July bank loans post record contraction as credit demand falters

China's new yuan loans contracted by a record 340 billion yuan in July, as weak household and corporate borrowing pointed to subdued credit demand.

India's forex reserves climb past $700 billion on robust inflows

India's foreign exchange reserves rose to a four-month high of $707 billion as of August ​7, bolstered by robust inflows under policy ​measures to strengthen India's balance of payments

DeepSeek launches V4 Pro at prices up to 14 times higher than V4 Flash

DeepSeek said ​the V4-Pro-0813 substantially improves its capabilities for ​AI agents and is available through its API, app and web products.

Microsoft retreats in China, but AI boom helps it keep a window open

Microsoft has shut at least 15 China offices and joint ventures in five years and considered exiting the market in 2023, as US-China tensions, regulations and technology curbs weigh on its business

Apple trains its own AI model for China market with Alibaba's support

The AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support

Oil prices edge higher after US threatens indefinite blockade of Iran

Brent futures rose 1 cent, or ‌0.1%, to $87.08 a barrel by 0247 GMT, while US West Texas Intermediate (WTI) crude futures rose 6 cents to $81.31 a barrel

Zetwerk files updated IPO draft papers with Sebi to raise ₹2,600 crore

Zetwerk's IPO also comprises an offer for sale of 96.8 million shares by existing investors

'Too reliant' on foreign sources: Trump to impose tariffs on drone imports

A proclamation signed by Trump imposes a 100 per cent ad valorem tariff ​on drones of a certain size or with certain capabilities that are particularly sensitive for national security purposes

Google unveils Gemini 3.7 Flash AI model for coding, agent workflows

Google's latest Gemini 3.7 Flash targets coding and autonomous business tasks at a lower cost, as investors await the delayed flagship Gemini 3.5 Pro model

Maersk raises 2026 outlook again as Q2 profit surges to $3 billion

Maersk's second-quarter profit before interest, taxes, depreciation and amortisation stood at $3.0 ‌billion, well above a median forecast of $2.12 billion in a company-provided poll

S&P 500 CEO pay jumps to record as Musk-inspired compensation plans spread

Even excluding the CEO of Tesla and SpaceX , average compensation for chief executives in the S&P 500 soared 21% to $22.8 million in 2025

JSW Cement Q1 net profit at ₹161 cr, revenue up 22% on demand, price hikes

India's JSW Cement reported a first-quarter profit on Thursday, as healthy demand and price hikes helped offset ​cost pressure.

China's Lenovo Q1 results: Revenue jumps 43% to $26.94 billion on AI boom

Lenovo's revenue rose to $26.94 billion in the three months ended June 30, beating analyst expectations of $22.3 billion, as the consumer electronics hardware giant benefited from AI demand

Iran and US make competing claims over control of Strait of Hormuz

"Today ​you see that the Strait of Hormuz is under the management and control of the Islamic ​Republic," Iran's Basij paramilitary unit head Hossein Taeb said