Page 19 - Reuters

Reliance's $20M offer sparks FIFA's concern over 2026 WC media rights value

There has also been no deal announcement for China, which FIFA says accounted for 49.8% of all hours of viewing on digital and social platforms globally during the 2022 World Cup

Will only accept 'fair and comprehensive agreement' with US, says Iran

Iranian Foreign Minister did not directly address Trump's offer of a pause in the US operation to escort ships via Hormuz, offered earlier as an incentive to help reach an agreement between two sides

SP Group unit receives debt downgrade ahead of $3 billion refinancing

The ‌real estate and civil engineering firm's non-convertible debentures were downgraded to B+, from BB-, CareEdge said on Wednesday

Jeff Bezos shakes up Blue Origin staff incentives ahead of SpaceX IPO

Bezos's efforts to make staff incentives more competitive come on the back of an intensifying rivalry between Blue Origin and Elon Musk's SpaceX

China services activity grows at faster rate in April, shows private PMI

The RatingDog China General Services purchasing managers' index, compiled by S&P Global, rose to 52.6 in April from 52.1 in March, staying above the 50-mark that separates expansion from contraction

PNB hikes cyber spend as AI models like Anthropic Mythos raise risks

The country's ‌third largest state-run lender by market capitalisation has earmarked about 20 per cent of its technology budget for cybersecurity, or roughly ₹700 crore to ₹800 crore

Asian markets hit records on AI euphoria, US-Iran peace deal hopes

MSCI's broadest index of Asia-Pacific shares outside Japan jumped 2.3 per cent to a fresh record, led by a 5.1 per cent surge in South Korea's Kospi

Zee sues Nykaa over alleged use of copyright songs on Instagram reels

Zee Entertainment said Nykaa had used several of its copyrighted songs in reels to promote products to millions of followers

Oil prices fall over $2 after Trump pauses Strait opening for possible deal

Trump said on Tuesday while the operation to reopen the Strait of ‌Hormuz will be paused, the blockade will remain in force

L&T Q4 FY26 results: Net profit dips 3.1% to ₹5,326 crore, new CFO named

The company also named P Ramakrishnan ‌as it next chief financial officer

Reliance submits documents to CBI in bribery probe, executive gets bail

CBI arrested a Reliance senior V-P Bharat Mathur, and an official from the country's aviation regulator last month, accusing them of agreeing to a $16k bribe to clear drone import applications

Biocon founder Kiran Mazumdar-Shaw picks niece Claire as successor

She plans a gradual leadership transition over the next five years, with her niece Claire Mazumdar expected to assume the chair in a phased manner

India's auto dealers brace for Iran war impact on supply chain, fuel costs

While the impact is not broad-based, the repercussions could last for a few months even if the conflict ends, Sai Giridhar, vice-president of Fada said

India's cash withdrawals surge 12% in first half of April, RBI data shows

The surge, if it persists, could pose a challenge for surplus liquidity in the banking system, which the central bank has tried to maintain to support economic activity

Berkshire picks Charlie Shamieh to succeed Ajit Jain as insurance chief

Berkshire owns Gen Re, where Shamieh has served as chairman since 2018

Meta picks Morgan Stanley, JPMorgan for El Paso data centre financing

Big Tech firms are pouring hundreds of billions of dollars into data centres amid strong demand for artificial intelligence, marking a shift from their long-standing reluctance to raise debt

Oil eases after surge as US bid to reopen Strait of Hormuz calms markets

Brent oil futures for July fell 68 cents, or 0.6 per cent, to $113.76 per barrel at 0100 GMT, after settling up 5.8 per cent on Monday

AI partnerships surge across Formula One teams, reshape racing strategy

AI can be a key tool enabling teams to navigate new regulations and new cost cap rules, now set at $215 million

China invokes anti-sanctions law over US blacklisting of oil firms

Under the law, introduced in 2021 and most recently revised in April, China can impose countermeasures on companies and individuals, including trade and investment curbs and entry and exit restriction

GameStop's $56 billion eBay bid stokes investor doubts as shares lag offer

GameStop's $56 billion bid for eBay raises funding and strategy concerns, with markets doubting the deal despite potential to reshape the collectibles e-commerce space