Reuters/umtmi

Iraq says it transported 2 million barrels of crude via Strait of Hormuz

The announcement means ​the company is transporting the crude through the strait rather than delivering it at the port of Basra

North Korea says it conducted intermediate-range strategic missile drill

The launch was the latest in a series of North Korean weapons tests this year and came as tensions on the Korean peninsula escalated over a landmine blast in the ​Demilitarized Zone last month

Adnoc-backed AIQ secures deal to enter India's oil and gas markets

AIQ will deploy its technology across the refineries, gas stations and digital stores of an Indian oil and gas conglomerate

Oil falls $2 as Europe agrees to release diesel reserves after Trump push

Brent fell 1.76 per cent to $100.50 a barrel and WTI dropped 2.18 per cent to $90.85 after European countries agreed to release additional diesel stockpiles

Anthropic warns govt actions could hurt revenue, customer relationships

Anthropic's IPO prospectus says government actions and attitudes towards the AI company could cause revenue losses, business disruptions and reputational harm

US Fed may skip October rate hike as labour market cools more than expected

US employers added just 29,000 jobs in September, well below expectations, while the unemployment rate rose to 4.2 per cent, weakening the case for an October rate hike

Donald Trump expected to name Jay Clayton as new US AI czar: Report

Clayton already oversees 18 US intelligence agencies as the nation's top spy; his appointment would mark a shift from Trump's first AI czar, venture capitalist David Sacks

September LNG shipments via Hormuz hit highest since start of US-Iran war

A total of 19 LNG cargoes were shipped through the key waterway in September, made up of 13 from Qatar and ‌six from the United Arab Emirates, S&P Global Energy said

G7 to release 100 mn barrels of diesel, other reserves through IEA

Co-ordinated release, including a frontloaded diesel supply, aims to stabilise global energy markets

Shyam Metalics signs deal to invest over $5 billion in Maharashtra

The project is expected to create around 30,000 jobs, including 10,000 direct and 20,000 indirect roles

Suzuki asks India suppliers to shorten production week in push for quality

The company has ​issued such a directive for the first time and ‌it comes as Indian unit Maruti Suzuki prepares to boost annual production to 4 million cars by 2030 from about 2.4 million

Asian shares tumble after wild swings in bonds, FX before US jobs data

Bond markets were again the centre of volatility overnight, ​with the benchmark 10-year US Treasury yields hitting the highest since 2002 at 5.34% after capping the ​biggest quarterly rise in 32 years

Nike plans more job cuts as turnaround sputters, expects steep revenue drop

The tepid forecast on Thursday underscored that Nike's challenges will likely persist for at least several more quarters - especially in China, where sales tumbled 26%

OpenAI alerts more than 100 organisations over rogue AI agent activity

The Sam Altman-led company ​has been conducting ​a broad review of the activities of its AI ​models after the accidental hacking of Hugging Face

Broadcom to lend Anthropic up to $42 bn to lease its chips, filing says

The company's relationship with Anthropic spans compute supply, equipment leasing and financing -- giving the semiconductor company a central role in Anthropic's infrastructure buildout.

AI cybersec startup Armadin valued at over $2.5 bn after new funding round

Investors ‌have poured large ​sums into ​early-stage startups building defenses against AI-driven ​cyberattacks.

Indian firms defy market slump with record $25 bn equity fundraise in H1

Not only did equity fundraising jump 75% year-on-year in April-September, ‌according to PRIME Database Group, but average listing gains also jumped to 19% from 7%.

US Supreme Court to weigh Trump's mandatory immigration detention policy

The Supreme Court, which has a 6-3 conservative majority, has allowed a number of Trump's hardline immigration policies to go into effect.

Govt considers cutting import duties on pulses to cool prices: Report

India may cut import duties on lentils and yellow peas to boost supplies and curb food inflation as weak monsoon raises concerns over domestic pulse output

Weak monsoon dents rural demand as tractor sales fall in September

Tractor sales at Mahindra & Mahindra fell 21 per cent, and Escorts Kubota's declined 16.7 per cent in September, while passenger vehicle demand remained strong ahead of the festive season