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Blackstone to buy Australia's data centre group AirTrunk in $16 bn deal

The transaction needs approval from the Australian Foreign Investment Review Board (FIRB), given the asset is being bought by overseas parties.

Satellite TV provider DirecTV's battle with Disney to reshape bundling

DirecTV's current public battle with Disney has led to 11 million DirecTV customers losing access to ESPN in the middle of the U.S. Open tennis tournamen

US antitrust trial targets Alphabet, to challenge Google's ad business

Those advertising tools contributed to the more than 75 per cent of Google's $307.4 billion in revenue last year that came from advertising.

Zelenskyy orders biggest govt reshuffle to give Ukraine 'new energy' in war

A total of six ministers, including Foreign Minister Dmytro Kuleba, submitted their resignation and parliament accepted the resignations of four

Global hedge funds posted gains in August despite market rollercoaster

Citadel's flagship multi-strategy fund Wellington was up roughly 1 per cent last month, as well as Schonfeld Strategic Advisors' flagship fund Strategic Partners

No suicidal thoughts link to diabetes, obesity drugs, finds UK regulator

The Medicines and Healthcare products Regulatory Agency (MHRA) began a review of safety data for the class of drugs, known as GLP-1 receptor agonists, more than a year ago

Swedish automaker Volvo Cars abandons target of going all electric by 2030

Major automakers have seen slowing demand for EVs partly due to a lack of affordable models and the slow roll-out of charging points

Bank of Canada cuts rates for third time to 4.25%, frets over weak growth

Wednesday marked the third consecutive cut, with the bank citing continued easing in broad inflationary pressures

Gold hits two-week low as traders expect smaller US Federal rate cut

Traders are confident that the US Fed will cut rates this month and are pricing in a 59 per cent chance of a 25-basis-point cut, according to CME FedWatch tool

Brent crude oil price falls $1 per barrel to $72.75 on demand fears

A broader sell-off had seen prices for Brent crude futures tumble as much as 11 per cent, or about $9, in a little over a week, hitting a low of $72.63 on Wednesday

UK's CMA clears Microsoft's staff hiring, partnership with Inflection AI

The CMA said that even before being bought, Inflection had a small portion of UK visits for chatbots and AI tools and, unlike its rivals, couldn't significantly grow or maintain its chatbot users

US job openings fall to 3.5-year low in July on labour market slowdown

Job openings, a measure of labor demand, had fallen by 237,000 to 7.673 million on the last day of July, the lowest level since January 2021

Adani Enterprises' first Indian retail bond fully subscribed at launch

Such retail bond sales are rare and Adani is the first non-financial company to issue them since 2016.

Reliance Industries wins bid for govt incentives to make EV batteries

The oil-to-telecom conglomerate beat six other competitors, which included units of battery maker Amara Raja Energy and Mobility and power producer JSW Energy

Rupee drops to record low amid negative global cues, RBI support aids

Over the last month, there were several instances when the Reserve Bank of India intervened on both sides of the forex market to support the currency

Opec+ discusses to delay planned oil output hike amid low prices: Report

Last week, the group looked set to proceed with a 180,000 barrel per day (bpd) hike in October, but market volatility and a weak demand outlook have raised concern

IMF mission starts 5th review of Ukraine programme as Kyiv reshuffles govt

Finance Minister Serhiy Marchenko is expected to retain his position, analysts and lawmakers said

What to expect from the 9th Forum on China-Africa Cooperation Summit

China approved loans worth $4.61 billion to Africa last year, the first annual increase since 2016

China to revitalise ageing railway linking resource rich Zambia, Tanzania

The single-track TAZARA railway was built between 1970 and 1975 through an interest-free loan from China, offering a cargo transport route

Auto parts maker Motherson to launch $715 mn share sale to tap stock mkt

With a market capitalisation of about $15 billion, Motherson supplies parts to domestic and global automakers such as Maruti Suzuki and Mercedes-Benz