Page 9 - Reuters

UK set to block Sunil Bharti Mittal's bid to raise stake in BT Group

Bharti Enterprises was seeking to potentially increase its stake in BT to just under the threshold that would require it to make a full ​takeover offer for the British telecoms group

Ukraine to buy 20 new Gripen jets, Sweden to donate older jets sooner

Ukraine's air force is made up of a mixture of ‌Soviet-made and western aircraft. Gripen is seen as a cost-efficient alternative to fighters like the more advanced American F-

France becomes first EU country to reimburse anti-obesity drugs: Minister

Patients in France are currently paying around €300 ​per month on average for the drugs, she said, without indicating how many people currently follow such treatments

Global firms use AI at Indian hubs to cut ad costs, bring work in-house

Content creation two years back took 24 days but now it "only takes two hours" due to AI, Kimberly-Clark India head Deena Dayalan said at a summit in Bengaluru

Trump refiles $10 billion defamation suit against WSJ over Epstein report

Trump's lawsuit said the Rupert Murdoch-owned newspaper tarnished his reputation with an article describing a birthday card to deceased sex offender Jeffrey Epstein as bearing Trump's signature

Global temperatures may reach near-record highs in next 5 years: UN report

The report said it is very likely that the global mean near-surface temperature will temporarily exceed 1.5 degrees Celsius above the 1850-1900 average levels for at least one year between 2026-2030

US gold sinks to two-month low as US-Iran tensions stoke inflation fears

Spot gold was down 1.1 per cent to $4,406.81 per ‌ounce, as of 0236 GMT, falling to its lowest level since March 27

'No nation will control Hormuz': Trump as he threatens to blow up Oman

Iran's Tasnim news agency cited a military source as saying that the Islamic Revolutionary Guards Navy fired toward a US oil tanker that was trying to transit the strait, forcing it to turn back

Oil prices jump 2% after fresh US strikes on Iranian military site

Brent crude futures rose $1.90, or 2.02 per cent, to $96.19 a barrel by 0015 GMT, while the more active August contract gained $1.64 or 1.78 per cent, to $93.89

Asian shares turn cautious as fresh US strike on Iran lifts oil prices

It also took a little steam out of the tech-driven bull run in stock markets, with Japan's Nikkei easing 0.2 per cent, while South ‌Korean shares went flat

Pernod hid Scotch composition, age to pay lower tariffs: Tax authorities

Pernod is seeking to quash a September decision by arguing that ​it was not given access to key pricing data in the investigation

Sebi seeks tighter oversight of use of equity funds raised through markets

Sebi's proposed framework mirrors the UK model, ‌where the regulator mandates strict oversight of IPO proceeds by an investment bank or an advisory firm

Oil prices fall as markets await clarity on US-Iran talks, Hormuz tensions

Brent crude futures fell $1.42, or 1.43 per cent, to $98.16 a barrel as of 0253 GMT, while US West Texas Intermediate (WTI) crude lost $1.66, or 1.77 per cent, to $92.23 a barrel

US regulators poised to approve Paramount's takeover of Warner Bros

The Department of Justice staff attorneys seemed swayed by arguments from top Paramount executives that the deal would not hurt other studios and creative talent

India's GCC model shifts from cost to capability as AI, talent strains bite

India is now the world's largest GCC hub, with more than ​2,100 centres employing 2.36 million people and generating nearly $100 billion in revenue

AI to turbocharge patent creation at India tech hubs, say executives

Tech hubs have long outgrown their low-cost back-office origins to become innovation centres, but AI tools that can increasingly handle tasks have cast doubt on what role these centres will play next

Asian shares climb as markets eye US-Iran talks, central bank moves

Brent crude ​traded near $100 per barrel, and the greenback held gains from the previous ​session after Iran said the US had violated a ceasefire

AI unlikely to lead to 'jobs apocalypse', says OpenAI CEO Sam Altman

A growing number of global companies, including HSBC, Amazon, Standard Chartered and CBA have announced some jobs within their companies were being replaced by AI

AAIB prepares interim report on Air India crash as anniversary nears

The interim report ​from AAIB will be 'more comprehensive' than the preliminary report put out last July and will ​examine possible primary causes and other contributing factors

Kent RO delays IPO amid market volatility from West Asia conflict

Kent received regulatory clearance last June for a public listing comprising an offer for sale by existing shareholders, including Chairman and Managing Director Mahesh Gupta