Bloomberg

Rupee defence raises question of how far RBI will go as pressure mounts

The rupee is poised to rally when trading resumes Monday, with analysts expecting the RBI to defend the 97-per-dollar level

Once-hot AI trade leaves South Korean stocks struggling to attract buyers

Turnover has collapsed 70% from its peak in late May, foreigners are retreating at the fastest pace in Asia and local retail investors are also pulling back

Trust in science falls as Covid-era confidence fades, finds global survey

Across countries surveyed before, during and after the pandemic, 72% of people expressed at least some trust in science in 2025, down from 80% in 2020 and 77% in 2018

Terrafab plant will 'make chips better than anyone', says Elon Musk

Musk is preparing to build a Terrafab factory in Grimes, Texas, via a joint venture between his companies Tesla and SpaceX alongside Intel Corp., with an initial investment of more than $15 billion

Microsoft CEO Satya Nadella calls for 'emergency brake' on advanced AI

Nadella said that those deploying advanced AI should not simply rely on assurances from AI model makers

AI issuers upend debt market safety valve as borrowing costs rise

Big tech companies known as hyperscalers are willing to pay higher yields, because they're borrowing to fund artificial intelligence investments like data centers and AI chips

Panama hit by strongest quake in 75 years, 7.7-magnitude tremor strikes

The earthquake struck Herrera Province more than 193 km southwest of the Panama Canal, with a 6.6-magnitude aftershock and eight others of magnitude 4.8 or higher recorded

Anthropic's Claude AI carried out unintended actions on US govt websites

Anthropic disclosed 4 types of unintended AI behaviour, including exploiting software flaws, submitting unauthorised forms and bypassing access restrictions

Trump warns Norway he won't forget Nobel Peace Prize snub, slams decision

Trump called the decision an 'indelible stain' on Norway after the Nobel Peace Prize was awarded to South African judge and human rights lawyer Navi Pillay

Airtel Money to debut on London Stock Exchange; biggest listing in 5 yrs

Existing shareholders including the Qatar Investment Authority and TPG Inc. sold 270 million shares at £1.96 apiece in the IPO, raising roughly £529 million ($700 million) in the process, according to

Irdai may roll out insurance distribution reforms in Jan 2027 amid backlash

The effective dates under consideration are Jan. 1 and April 1, Girija Subramanian, an executive at the Insurance Regulatory and Development Authority of India, said

Harvard, MIT face visa probes amid Trump admin's crackdown on global talent

The sweeping fraud probe is focused on J-1 visas, which at universities are often held by international PhD candidates and visiting scholars

IT sector braces for fourth year of weak growth amid geopolitical, AI risks

Growth is expected to be muted as customers remain cautious on discretionary technology projects, though recent results from Accenture Plc offered some encouragement

Apple set to launch touch-screen MacBook, new iPad mini in late October

The end-of-month announcements will also include versions of the 14-inch MacBook Pro and iMac with M6 chips

Urea offers in India tender fall nearly 10%, offering relief to farmers

Urea import prices fall nearly 10% from August, offering relief to Indian farmers and potentially easing the government's fertiliser subsidy burden

Domestic refiners shun costly Russian oil as West Asia flows recover

Surging prices for Russia's flagship Urals crude loaded in the Baltic, a mainstay for Indian refiners, are driving the pullback

Reliance could be a cheaper way to own Jio after telecom unit's listing

Reliance shares imply a 36 per cent discount to the value of its roughly two-thirds stake in Jio Platforms, though analysts see about 25 per cent as a more sustainable gap after the telecom unit lists

Hedgehog, Puffin to replace Churchill, historical figures on UK banknotes

The Bank of England selected four native species for future banknotes after a public consultation, despite criticism from right-wing politicians who called the move "woke"

TikTok accused by New York AG of secretly testing safety features on teens

New York Attorney General Letitia James added allegations to a child safety lawsuit, claiming TikTok withheld a safety feature from 10% of US users in a 2021 test involving about 15 million people

AI eats into entry-level tech jobs as India's graduates seek work

Banks and other global capability centres are automating routine tasks once handled by fresh graduates, intensifying competition for entry-level jobs in India's tech sector