US hits UBS with record anti-money laundering fine

US hits UBS with record anti-money laundering fine

NEW YORK CITY, New York: UBS has agreed to pay a record US$125 million civil penalty after U.S. regulators found the Swiss bank repeatedly...

Tyson lowers forecast on widening losses in beef segment

Tyson lowers forecast on widening losses in beef segment

SPRINGDALE, Arkansas: Tyson Foods lowered its annual profit forecast on August 3, saying losses in its beef business are expected to...

Curium strikes up to $8 billion deal for Lantheus

Curium strikes up to $8 billion deal for Lantheus

PARIS, France: Radiopharmaceutical company Curium has agreed to acquire Lantheus Holdings in a deal worth up to US$8 billion, expanding...

Record-breaking day for U.S. stocks Tuesday as war jitters subside

Record-breaking day for U.S. stocks Tuesday as war jitters subside

NEW YORK, New York - U.S. stock markets surged across the board on Tuesday, with the technology-heavy Nasdaq Composite outpacing its...

Amazon joins $3 trillion club after strong AI earnings

Amazon joins $3 trillion club after strong AI earnings

SEATTLE, Washington: Amazon's market value surpassed US$3 trillion for the first time on August 3 after investors cheered strong earnings...

BYD posts third straight monthly sales increase

BYD posts third straight monthly sales increase

BEIJING, CHINA: Chinese electric vehicle maker BYD reported a third consecutive month of sales growth in July, with strong overseas...

Google rolls back AI Earth feature over policy issues

Google rolls back AI Earth feature over policy issues

MOUNTAIN VIEW, CALIFORNIA: Google has paused a newly launched AI image-generation feature in Google Earth after users created images...

Nasdaq shines as U.S. stocks surge on opening day of new week

Nasdaq shines as U.S. stocks surge on opening day of new week

NEW YORK, New York - U.S. stocks kicked off the trading week with a powerful rally on Monday, powered by a tech-sector surge that lifted...

NXP explores Ambarella acquisition, FT reports

NXP explores Ambarella acquisition, FT reports

EINDHOVEN, NETHERLANDS: NXP Semiconductors is in talks to acquire chip designer Ambarella, the Financial Times reported on July 31,...

Exxon, Chevron profits soar as conflict drives oil higher

Exxon, Chevron profits soar as conflict drives oil higher

NEW YORK CITY, NEW YORK: Major U.S. oil companies reported soaring second-quarter profits as months of conflict involving Iran disrupted...

Anthropic reveals AI breached company systems in testing

Anthropic reveals AI breached company systems in testing

SAN FRANCISCO, CALIFORNIA: Anthropic said that some of its Claude AI models hacked into the systems of three companies during cybersecurity...

Apple slides as supply shortages cloud growth outlook

Apple slides as supply shortages cloud growth outlook

CUPERTINO, CALIFORNIA: Apple was on track to lose nearly $500 billion in market value on July 31 after warning that shortages of key...

Ford CEO warns Chinese rivals may reach US market

Ford CEO warns Chinese rivals may reach US market

DETROIT, Michigan: Ford is preparing for the possibility that Chinese automakers could begin selling vehicles in the United States...

OpenAI chief meets White House on AI safety framework

OpenAI chief meets White House on AI safety framework

WASHINGTON, D.C.: OpenAI Chief Executive Sam Altman is scheduled to meet White House officials to discuss the company's upcoming artificial...

US economy cools in second quarter despite solid spending

US economy cools in second quarter despite solid spending

WASHINGTON, D.C.: The U.S. economy expanded at a slower pace in the second quarter as a wider trade deficit weighed on growth, though...

Amazon's Zoox clears US hurdle for commercial robotaxis

Amazon's Zoox clears US hurdle for commercial robotaxis

SAN DIEGO, California: Amazon-owned Zoox has become the first autonomous vehicle company to receive U.S. approval to commercially operate...

Beijing targets AI abuse with new draft law

Beijing targets AI abuse with new draft law

BEIJING, China: China's internet regulator released a draft law on July 29 to tackle cyberbullying, including abuse carried out using...

Tech leads Wall Street higher Friday as S&P 500, Dow, and Nasdaq gain

Tech leads Wall Street higher Friday as S&P 500, Dow, and Nasdaq gain

NEW YORK, New York - U.S. stocks closed higher on Friday, capping a volatile week with broad-based gains led by technology shares,...

Indian Bank plans end-to-end digital lending platform for MSME loans up to Rs 5 crore: CGM Malik

Indian Bank plans end-to-end digital lending platform for MSME loans up to Rs 5 crore: CGM Malik

New Delhi [India], August 5 (ANI): Indian Bank plans to digitise MSME loans of up to Rs 5 crore through a unified digital platform...

Air India appoints former Ethiopian Airlines Chief Tewolde Gebremariam as new CEO, MD

Air India appoints former Ethiopian Airlines Chief Tewolde Gebremariam as new CEO, MD

New Delhi [India], August 5 (ANI): Air India on Wednesday appointed former Ethiopian Airlines Chief Executive Officer Tewolde Gebremariam...

Top Wall Street banks helped Epstein move billions report

Top Wall Street banks helped Epstein move billions  report

Democrats have accused three banks of helping the notorious pedophile hide in plain sight Deutsche Bank, JPMorgan Chase, and Bank...

Top Wall Street banks helped Epstein move billions - report

Top Wall Street banks helped Epstein move billions - report

Democrats have accused three banks of helping the notorious pedophile hide in plain sight ...

Two-time Preakness winning jockey Robby Albarado dies

Two-time Preakness winning jockey Robby Albarado dies

(Photo credit: Mitch Stringer-Imagn Images) Former jockey Robby Albarado, who won the Preakness Stakes on two occasions, has died....

Marathon Nextgen Realty enters Sewri with Rs 450 crore GDV Residential project

Marathon Nextgen Realty enters Sewri with Rs 450 crore GDV Residential project

PNN Mumbai (Maharashtra) [India], August 5: Marathon Nextgen Realty Limited ('MNRL' or 'the Company') has announced that its subsidiary,...

AICTE launches applications for Mitacs Globalink Research Internship 2027; 300 Indian students to get fully funded Canada internships

AICTE launches applications for Mitacs Globalink Research Internship 2027; 300 Indian students to get fully funded Canada internships

New Delhi [India], August 5 (ANI): In a major step towards strengthening global academic collaboration and creating international research...

Lower real interest rates have not hurt deposit growth in India: SBI Research

Lower real interest rates have not hurt deposit growth in India: SBI Research

Mumbai (Maharashtra) [India], August 5 (ANI): Lower real interest rates have not hurt deposit mobilisation in India, with deposit growth...

Indian Bank targets 35 lakh crore business by 2032 after crossing 15 lakh crore milestone: MD & CEO

Indian Bank targets 35 lakh crore business by 2032 after crossing 15 lakh crore milestone: MD & CEO

New Delhi [India], August 5 (ANI): Indian Bank has set a target of achieving 35 lakh crore in total business by 2032 after crossing...

Indian equities end marginally higher following RBI monetary policy announcement

Indian equities end marginally higher following RBI monetary policy announcement

New Delhi [India], August 5 (ANI): Indian stock markets closed in the green on Wednesday as investors processed the central bank's...

Indian Cybersecurity Firm Uses Homegrown AI to Discover Three Security Flaws in Enterprise Linux

Indian Cybersecurity Firm Uses Homegrown AI to Discover Three Security Flaws in Enterprise Linux

PNN Bengaluru (Karnataka) [India], August 5: An Indian cybersecurity company has used a homegrown artificial intelligence model to...

Amir Chand Jagdish Kumar (Exports) Reports Strong Q1 FY27 Performance; PAT Surges 127.6% YoY

Amir Chand Jagdish Kumar (Exports) Reports Strong Q1 FY27 Performance; PAT Surges 127.6% YoY

PNN New Delhi [India], August 5: Amir Chand Jagdish Kumar (Exports) Limited, one of India's leading rice millers and exporters, announced...

RBI policy balanced as growth outlook improves, inflation risks remain contained: Equirus

RBI policy balanced as growth outlook improves, inflation risks remain contained: Equirus

New Delhi [India], August 5 (ANI): The Reserve Bank of India's (RBI) decision to keep the policy repo rate unchanged at 5.25 per cent...

Rus Education Appoints Dr. Dinesh Singla as Chief Executive Officer; Leading International Education Organization Announces New Era of Growth for MBBS in Russia

Rus Education Appoints Dr. Dinesh Singla as Chief Executive Officer; Leading International Education Organization Announces New Era of Growth for MBBS in Russia

SMPL New Delhi [India], August 5: In a major development for India's international education sector, Rus Education, one of the country's...

Patel Retail Broadens Indian Chaska Distribution Footprint with Entry into Madhya Pradesh

Patel Retail Broadens Indian Chaska Distribution Footprint with Entry into Madhya Pradesh

PNN Mumbai (Maharashtra) [India], August 5: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), A diversified retail and food processing...

Australia India Institute, University of Melbourne launch report highlighting decades of health collaboration with India

Australia India Institute, University of Melbourne launch report highlighting decades of health collaboration with India

New Delhi [India], August 5 (ANI): The Australia India Institute, in collaboration with the Faculty of Medicine, Dentistry and Health...

Strong fundamentals, better CAD to help offset external shocks: RBI Governor

Strong fundamentals, better CAD to help offset external shocks: RBI Governor

By Saurav Mukherjee Mumbai (Maharashtra) [India], August 5(ANI): Reserve Bank of India (RBI) Governor Sanjay Malhotra expressed...

RBI's policy pause, neutral stance to support market sentiment; long-term equity outlook hinges on earnings: Economists

RBI's policy pause, neutral stance to support market sentiment; long-term equity outlook hinges on earnings: Economists

New Delhi [India], August 5 (ANI): The Reserve Bank of India's (RBI) decision to maintain the policy repo rate at 5.25 per cent and...

Major Push for the Orange Economy: Gradiente Infotainment Unveils 5,000 Crore Mega Investment Roadmap

Major Push for the Orange Economy: Gradiente Infotainment Unveils 5,000 Crore Mega Investment Roadmap

VMPL Hyderabad (Telangana) [India], August 5: Creativity, art, and digital entertainment... this is the new future of India's Orange...

Global fixed income markets stay resilient despite higher-for-longer rate outlook: Morgan Stanley

Global fixed income markets stay resilient despite higher-for-longer rate outlook: Morgan Stanley

New Delhi [India], August 5 (ANI): Global fixed income markets remained resilient in June despite expectations that interest rates...

RBI to resume 'on-tap' licensing of urban co-operative banks, review lending rate framework

RBI to resume 'on-tap' licensing of urban co-operative banks, review lending rate framework

New Delhi [India], August 5 (ANI): The Reserve Bank of India (RBI) on Wednesday announced a series of regulatory measures, including...

Closing auction volumes rise, Nifty stabilises on Day 2 of new CAS framework: Goldman Sachs

Closing auction volumes rise, Nifty stabilises on Day 2 of new CAS framework: Goldman Sachs

Mumbai, (Maharashtra) [India], Aug 5 (ANI): India's equity markets witnessed a more orderly closing auction session on the second day...

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Pirates' Paul Skenes eager to get back on track vs. Brewers
Pirates' Paul Skenes eager to get back on track vs. Brewers

(Photo credit: Albert Cesare/The Enquirer / USA TODAY NETWORK via Imagn Images) Both starting pitchers in Wednesday night's game...


MLB roundup: Cubs spoil Tarik Skubal's Dodgers' debut
MLB roundup: Cubs spoil Tarik Skubal's Dodgers' debut

(Photo credit: Kamil Krzaczynski-Imagn Images) Dansby Swanson went 3-for-4 with a homer and a double for the Chicago Cubs in a 5-1...


Brewers down Pirates, set team mark for fastest route to 70 wins
Brewers down Pirates, set team mark for fastest route to 70 wins

(Photo credit: Michael McLoone-Imagn Images) Jackson Chourio and Andrew Vaughn homered to lead the host Milwaukee Brewers to a 4-2...


Freddy Peralta to make Rays' debut vs. Rockies
Freddy Peralta to make Rays' debut vs. Rockies

(Photo credit: Vincent Carchietta-Imagn Images) The Tampa Bay Rays were active right up to Monday night's trade deadline, and their...


Brewers' Logan Henderson strives to stay hot vs. Pirates
Brewers' Logan Henderson strives to stay hot vs. Pirates

(Photo credit: John Hefti-Imagn Images) The Milwaukee Brewers will look to bounce back behind Logan Henderson when they host the...


MLB roundup: Alec Burleson's 3 HRs help Cardinals bash Yankees
MLB roundup: Alec Burleson's 3 HRs help Cardinals bash Yankees

(Photo credit: Brad Penner-Imagn Images) Alec Burleson hit three two-run homers for the St. Louis Cardinals, who rallied for a 13-7...


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