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Hero MotoCorp to increase stake in Ather with $184 million share purchase

Hero MotoCorp on Thursday said ​it would buy additional shares ​of Ather Energy for up ‌to 17.58 billion rupees ($184.01 million), raising its stake in the electric scooter maker to 32.8%.

Scott Bessent and Kevin Warsh diverge on who should set the price of money

Warsh has advocated retreating from some of the central bank's longstanding communication policies in favor of letting markets do the heavy lifting, while Bessent has deployed a number of tools

Meta settlement opens new front in global fight over social media harm

Meta's up to $18 billion settlement with nearly all US states over social media harm to teenagers has opened a new front in a global government fight to protect children and curb addiction

Russian-speaking cybercriminals hacked 7 firms using SpaceX's Cursor AI

The cybercriminals' AI-boosted hacking spree is the latest example of how rogue actors are using commercial AI tools to carry out intrusions.

45 Indian coal power plants have critically low fuel, government data shows

Heavy rainfall in some of the key coal-rich Indian states, including Odisha, Jharkhand and Chhattisgarh has hit mining and slowed the transportation of the fuel for power plants, industry sources said

Bond traders expect RBI to drain surplus liquidity as rate hikes loom

India's banking-system liquidity surplus has averaged more than 3.4 trillion rupees ($36 billion) so far in August and is expected to expand further

As AI agents go rogue, cyber insurers are adapting their policies

Insurers, including MSIG , QBE and Beazley, are reviewing traditional cyber policies and adapting their language to account for emerging risks

Singapore Oppn lawmaker opposes use of Temasek funds to shore up Air India

Singapore Oppn lawmaker Kenneth Tiong said Air India's $1.5 bn funding request is not only matter for private shareholders, given Singapore Airlines' stake and Temasek's majority ownership of carrier

Nestle wants India to consult firms on front-of-pack food labelling rules

Nearly 80% of products made by India's more than $100 billion packaged food and beverages market could be regarded as high in fat, sugar and salt, according to industry estimates

India's nuclear ambitions may be blunted by limits on foreign reactor tech

India is counting on nearly $210 billion in investments that the industry expects to require to raise its nuclear power capacity almost tenfold to 100 gigawatts (GW) over the ‌next two decades

Bank of Baroda's debt raise tops $1 bn under RBI's concessional swap window

Earlier in the month, BoB ​had raised $400 million through three-year bonds at a 5.1140% ‌coupon and $300 million through five-year notes at a 5.3180% ​coupon

Nvidia agrees to buy open source platform Hugging Face for $12.9 bn: Report

The deal would give Nvidia control of ​Hugging Face - which hosts open-source large language models and datasets

Asian stocks gain for third day as Nvidia earnings beat estimates

MSCI's broadest index of Asia-Pacific shares excluding Japan was up 0.7 per cent, on track to ‌extend gains into a third consecutive day after Nvidia reported that quarterly revenue more than doubled

Oil prices extend losses on hopes of easing West Asia supply woes

Brent crude futures were down 60 ​cents, or 0.7 per cent, to $87.24 a barrel by 0004 GMT, down for a fourth day

Tim Curry, English actor of 'Rocky Horror', 'Clue' and 'It', dies at 80

A cause of death was not immediately given, but Curry had been in ill health ​for some time. He died peacefully on Tuesday at his home in Los Angeles, his manager said

Iran and Oman reportedly still working on Strait of Hormuz accord

Iran and Oman have held on-and-off talks for weeks about controlling traffic through the strait, ‌which handled one-fifth of global oil and liquefied natural gas shipments before the war began in Feb

Anxious investors hope for clarity on Warsh's Fed plan at Jackson Hole

They hope the Fed chair will use his speech to fully explain his roadmap for returning inflation to the Fed's target and what he sees as the bond market's role in that strategy.

US inflation data boosts dollar as Fed hike bets rise ahead of Jackson Hole

The dollar index, which measures the greenback against a basket of currencies, rose 0.21% to 99.12 and was on pace for its biggest daily gain since August 6, with the euro down 0.16% at $1.1655.

Iran's supreme leader is seriously wounded, not dead: Donald Trump

US President Donald Trump said that he believes Iran's supreme leader is seriously wounded but not dead.

Moonshot AI in talks with Microsoft, Amazon, Google over K3 revenue sharing

Any deal could mark the first big revenue-sharing pact between a Chinese AI firm and a major US cloud company