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US President Trump says he will continue to make deals like Intel one

Trump on Friday said the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share

Russian oil supplies to Slovakia may resume today, says Slovak minister

Slovakia and Hungary said on Friday that their supplies of Russian oil could be suspended for at least five days after a Ukrainian strike on a facility in Russia

Veteran banker Rajiv Anand takes charge as CEO of crisis-hit IndusInd Bank

Anand, whose appointment was announced earlier this month, was previously deputy managing director at Axis Bank and held key management positions at leading global financial institutions

Govt to tap Amazon, Flipkart data in inflation revamp, launch index

The move could make India's retail inflation data more robust by accounting for prices on online platforms as their share in household spending rises

Blue Star expects AC sales to rise around 20% on tax cut boost, says MD

The eventual tax rate on ACs is not clear but it is now at the maximum 28 per cent, so the planned cut should help dealers and manufacturers, who have struggled this year due to a cooler summer

Asian stocks rally as investors bet on US rate cuts, eye Nvidia earnings

Federal Reserve Chair Jerome Powell's dovish change of course has seen futures price in an 84 per cent chance of a quarter-point rate cut in September

Coca-Cola considers sale of Costa Coffee in strategic business review

The company has held initial talks with a small number of potential bidders for Costa, including private equity firms, Sky News first reported, citing unidentified sources

UN nuclear watchdog says radiation near Kursk plant at normal levels

Russia's defence ministry said at least 95 Ukrainian drones had been intercepted across more than a dozen Russian regions on August 24

Vietnam plans evacuation, China's Sanya shuts as Typhoon Kajiki intensifies

The storm could make landfall along the southern coast of China's southern island province of Hainan from Sunday afternoon

Ukraine drone attack causes fire at Russia's Kursk nuclear power plant

A combat unmanned aerial vehicle (UAV) belonging to the Armed Forces of Ukraine was shot down by air defence systems near the Kursk Nuclear Power Plant

Spotify flags price rises as it introduces new services, features: Report

Earlier in August, the Swedish firm said it would increase the monthly price of its premium individual subscription in some markets from September

Apple in talks to use Google's Gemini AI to power revamped Siri: Report

Alphabet's shares were up 3.7 per cent while Apple's stock was up 1.6 per cent, both extending gains in afternoon trading following the report

Intel has agreed to a deal for US to take 10% equity stake, says Trump

The move marks a clear change of direction just weeks after Trump called for the resignation of the company's new chief Lip-Bu Tan over his "highly conflicted" ties to Chinese firms

Trump threatens to sack Fed Governor Lisa Cook if she refuses to resign

Cook on Wednesday said she took any questions about her financial history seriously as a member of the Federal Reserve and was gathering the accurate information to answer any legitimate questions

Wall St jumps more than 1% after Powell hints at September rate cut

Powell's comments opened the door to a rate cut at the Fed's September 16-17 meeting, but also underlined the importance of the jobs and inflation data that will be available by then

Markets regulator Sebi proposes changes to block deal framework

The regulator proposed to keep two windows for such deals, the morning session 8:45 am IST to 9:00 am IST, and the afternoon session 2:05 pm IST to 2:20 pm IST

FBI searches ex-Trump adviser John Bolton's Maryland home in security probe

Federal Bureau of Investigation agents began searching his house in Maryland at 7 am as part of a probe ordered by FBI Director Kash Patel, according to the Post

JPMorgan agrees to pay Malaysia $330 million to settle 1MDB issues

Malaysian and US investigators say at least $4.5 billion was stolen from 1Malaysia Development Berhad in a globe-spanning scheme between 2009 and 2014

Sebi likely to recommend intra-day position limits for index derivatives

The regulator is re-looking at rules for equity derivatives after it temporarily banned US high-frequency trading firm Jane Street from the Indian markets

Alvarez & Marsal plans to triple global capability centre staff in India

Multinational companies are increasingly setting up so-called global capability centres, which have evolved from low-cost back offices to high-value innovation hubs