Countries across energy-hungry Asia are rationing supplies or ‌exports of fossil fuels in response to the Gulf conflict. Faster electrification, like in China, would have reduced the ​energy and food ...

Peak XV-backed Sarvam, last valued at $200 mln, ​is leading the country's ​local AI drive. The ⁠startup shows Indic language ​models can be frugally built ​but will struggle against OpenAI and peers.

The CEO of the largest US bank is fond of ​dark warnings about the dangers ​lurking in credit markets. As ⁠it turns out, ...

Moscow planned a tight budget for 2026, with its Urals crude ​oil seen at $59 a ​barrel. The bombing of its ally ⁠Iran ...

The ‌carmaker flagged up to $16 bln in losses after a push into battery power proved too ​fast for the US, yet too ​slow for the People’s Republic. The ⁠latter problem looks harder to fix, ​and will ...

Six Polymarket accounts may ⁠have made $1.2 ​mln betting on the ​ouster of Iran’s leader, in trades funded ​hours before ​an air strike killed him. ‌Worries ⁠about unfairly clued-up counterparties may ...

The Masayoshi ‌Son-backed Japanese payments group priced below the range at an $10.7 bln valuation. Pushing on with the ​US deal amid war-jolted markets is ​sensible. Ongoing missile strikes hitting ...

The $10 ‌bln Chinese coffee chain's top shareholder looks set to buy US peer Blue ​Bottle for under $400 mln. Overseas expansion ​will offset the impact of intensifying ⁠competition at home. A deal ...

Two years after a failed ​listing effort and ​four since folding a SPAC, ⁠the Pershing Square boss ​is seeking up to $10 bln ​for his fund. A bonus stake in the parent firm ​aims to narrow the ...

Global consumers of ‌the black stuff agreed a record 400 mln barrel reserve release amid a blocked Strait ​of Hormuz. Yet if the war ​lasts over 20 days, they'll need ⁠more. And in key areas like ​jet ...

Tehran and Bahrain's water ‌facilities have been bombed, threatening critical infrastructure. Iran relies on desalination for 2% of its ​drinking water and industrial use, while ​Saudi Arabia uses it ...

The money manager ​spurned a $9 bln cash-and-stock offer from smaller peer Victory ‌Capital, calling proposed cost cuts disastrous. Tinkering with a deal already richer on paper than one from Nelson ...