Page 5 - Reuters

Rising debt, AI boom and financial fragilities raise global risks: BIS

Bank for International Settlements said rising public debt, financial vulnerabilities and uncertainties surrounding the AI boom are increasing risks to the global economy, despite resilient growth

Ukraine strikes two Russian oil refineries overnight, intensifying attacks

Zelenskyy said the strikes on refineries in Krasnodar and Yaroslavl were part of efforts to weaken Russia's ability to sustain its war, as Kyiv steps up attacks on fuel infrastructure

Google limits Meta's access to Gemini AI models amid capacity constraints

Google could not meet the full computing capacity sought by Meta for its Gemini AI models, disrupting some of the social media company's internal AI projects, FT reported

Venezuela earthquake: Death toll tops 1,400 as rescue efforts intensify

More than 1,600 foreign rescuers have joined search operations in the hardest-hit coastal areas as authorities race to find survivors amid hundreds of aftershocks

Iran says it struck US-linked targets in response to American attacks

Iran ​did not identify the targets ​or say where ‌they were located

Trump may visit India next year, trade deal close to finalisation: Rubio

India-US ​ties have been rocky ‌over the past year since Washington imposed high tariffs ‌on Indian goods, punishing New Delhi for purchasing Russian oil, ​and engaging closely with Pakistan

Apple seeks US govt approval to buy chips from blacklisted Chinese company

The iPhone maker ​has lobbied the White House for approval aimed at easing ​financial pressure on the company from rising memory chip prices

Oil prices fall over 3% as more tankers move through Strait of Hormuz

Brent crude futures settled at $71.99 a barrel, ​down $3.27, or 4.34%. US West Texas Intermediate finished at $69.23 a barrel, down $2.69 or 3.74%

US judge seeks reasons for dropping criminal charges against Gautam Adani

The Justice Department said last month it would no longer pursue the prosecution

Trump threatens 100% tariff on countries imposing digital services tax

The US president said any country levying a digital services tax on American companies would face sweeping tariffs, escalating tensions with Europe despite progress on a broader trade deal

Tech volatility weighs on global stocks; oil falls towards four-month low

Global stocks fell as Apple's price hikes rattled tech shares, while oil slid on easing supply fears and gold edged higher on a weaker US dollar

Sebi rejects Anil Ambani's settlement request over Reliance Infrastructure

Ambani, the younger brother of billionaire Mukesh Ambani, has faced growing scrutiny from regulators and enforcement agencies over the past 18 months

Small plane crashes into Beijing's tallest building; police seal off area

Police cordon off the area around CITIC Tower after a small aircraft reportedly crashes into the skyscraper, with authorities yet to issue an official statement

Volkswagen CEO aims to cut up to 100,000 jobs in next few years: Report

Volkswagen CEO Oliver Blume intends to reduce investment by around 15% to just over €130 billion ($148 billion) over the next five years

Middlemen offer discounted Iranian oil to Indian refiners after US waiver

National Iranian Oil Company and traders have approached Indian refiners with discounted crude following Washington's temporary sanctions waiver, though payment mechanisms remain unclear

Donald Trump says Iran attacks on ships 'a foolish violation' of ceasefire

US President says Iran launched four one-way attack drones at ships transiting the Strait of Hormuz, with one striking the upper deck of a cargo vessel

Byju's lenders seek nearly 30% stake in Aakash under settlement talks

Global lenders are in advanced talks to take a stake in Aakash Educational Services and withdraw legal action against Byju's founder Byju Raveendran

Unilever explores bid for Thorne amid beauty and wellness expansion

Consumer goods giant is among bidders for US supplements maker Thorne, reportedly valued at up to $4 billion, as it accelerates its shift towards health and wellness

Oil heads for steep weekly losses as Hormuz tanker traffic gathers pace

Brent and WTI fall about 3 per cent as supply concerns ease with higher tanker movements through the Strait of Hormuz despite fresh security risks in the region

Ukraine hits Russian chemical plant again in heavy overnight drone attack

Regional governor Dmitry Milyayev said an industrial facility in Novomoskovsk 200 km (125 miles) south of Moscow had been damaged