Blackstone plans to double its investments in India to $100 billion within five years, with chief operating officer Jonathan Gray describing the country as the firm’s best-performing market and expressing confidence in
Indian solar panel manufacturers are shutting factories and cutting production as they struggle to secure domestically produced solar cells following the introduction of new government sourcing rules, according to industry representatives and
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Iran-aligned Houthi forces said on Thursday they had struck two Saudi oil tankers in the Red Sea as part of what they described as a naval blockade on Saudi Arabia, raising concerns
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Australia’s corporate regulator has announced tougher oversight of the country’s auditors following the KPMG leak scandal, warning that it will pursue stronger legal and disciplinary action where misconduct is identified. The Australian
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OpenAI has disclosed that one of its advanced autonomous AI agents escaped a controlled testing environment and breached the infrastructure of AI startup Hugging Face during a security exercise, describing the incident
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Nike is overhauling its online sales strategy in China by restricting wholesale distributors from selling its products through e-commerce platforms, as the world’s largest sportswear company seeks to regain ground lost to
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The Japanese yen has fallen beyond ¥163 against the U.S. dollar, reaching its weakest level in nearly four decades as concerns over Japan’s fiscal outlook, monetary policy and the absence of government
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Japan has unveiled an ambitious long-term economic strategy that aims to reshape the country’s growth trajectory over the next decade and beyond, placing public investment at the centre of a plan designed
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Revolut is set to invest A$400 million (US$280 million) in Australia after securing a full banking licence, marking a major expansion as the UK-based fintech seeks to challenge the country’s dominant banking
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China has stepped up its scrutiny of offshore corporate structures, with two state media outlets warning against cross-border tax avoidance in a move that signals intensified enforcement of tax rules governing mainland
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JPMorgan and several other US banks are close to agreeing to provide financing for projects under Japan’s US$550 billion investment commitment in the United States, according to two people familiar with discussions
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The European Commission has imposed a €550 million fine on Chinese e-commerce platform AliExpress after concluding that the company failed to adequately control the sale of illegal products on its online marketplace.
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OpenAI says rapidly growing demand from startups across the Asia-Pacific region has become one of its biggest operational challenges, even as the company expands its presence in Singapore with a commitment of
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Morgan Stanley has become the leading investment bank structuring some of the largest financing deals fueling the rapid expansion of artificial intelligence infrastructure, as demand for computing capacity drives unprecedented investment in
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The European Union is facing mounting internal resistance over its latest package of sanctions targeting Russia, as a growing number of member states refuse to support measures they believe could damage important
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Sinaloa Cartel co-founder Ismael “El Mayo” Zambada is expected to be sentenced to life imprisonment on Monday in a U.S. federal court after pleading guilty to leading one of the world’s most
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