Business News
AirBaltic Plans Up to 700 Job Cuts in Restructuring
Schneider Electric to Buy PTC for $22.6 Billion
Wall Street Set for Muted Open as Tech Stocks Ease
Sensex Nifty Open Higher After 25-Year Losing Streak
Oil Prices Slip as Middle East Exports Rise, G7 Acts
Stocks Rise as Markets Cut October Fed Rate Hike Bets
US Stocks Face Bond Yields, Midterms and Earnings Test
OPEC+ Keeps November Oil Output Targets Steady
G20 Trade Ministers Debate MFN Reform and Tariff Rules
Anup Bagchi HDFC Bank CEO Appointment Explained
News
G20 Trade Ministers Debate MFN Reform and Tariff Rules
G20 trade ministers discuss MFN reform, food trade coercion and excess capacity as the US pushes changes to global tariff rules.
Anup Bagchi HDFC Bank CEO Appointment Explained
Anup Bagchi's HDFC Bank CEO appointment highlights a wider trend of external leaders taking charge of India's major private-sector banks.
Nike Turnaround Plan Faces Investor Confidence Test
Nike's turnaround under CEO Elliott Hill faces deeper sales declines, job cuts and delayed savings as investors await signs of recovery.
Anthropic IPO Warns of Government Relations Risks
Anthropic’s IPO filing warns government actions and perceptions could hurt commercial customers, partners and investors despite limited government revenue.
Europe Weighs 50 Million Barrel Diesel Stock Release
Europe considers releasing 50 million barrels of diesel stocks after US pressure, as Middle East, Russia and China disrupt fuel supplies.
Oil Prices Hold Steady as Supply Signals Conflict
Oil prices hold near $102 as improving Middle East exports offset US-Iran tensions, China's fuel export halt and tighter diesel supplies.
Amazon Explores $8 Billion Nvidia AI Chip Deal
Amazon reportedly explores an $8 billion Nvidia chip financing deal, using an SPV and leaseback structure to fund AI infrastructure expansion.
US Treasuries Rebound Ahead of September Jobs Report
US Treasuries face a second-day rebound as investors await September jobs data for clues on Federal Reserve rates, inflation and bond yields.
HDFC Bank Appoints Anup Bagchi as New CEO
HDFC Bank appoints Anup Bagchi as MD and CEO for three years from October 27, following RBI approval and Sashidhar Jagdishan’s exit.
US Jobless Claims Fall as September Layoffs Decline
US jobless claims fall to 197,000 as September layoffs decline, while cautious hiring plans point to a stable but slowing labor market.
Europe Warns of New Diesel Supply Measures
Europe prepares new diesel supply measures as Middle East and China disruptions pressure refined-fuel markets and raise concerns over fuel availability.
Five-Day Banking: IBA-UFBU Committee Holds First Meeting
Five-day banking discussions begin as the IBA-UFBU committee holds its first meeting, with bank unions seeking holidays on all Saturdays.
EU Questions Binance Over Continued Operations Under MiCA
EU regulators question Binance's continued services after its reported wind-down order, focusing on reverse solicitation and MiCA authorization rules.
AI Agents Target Canadian Government Website, Firm Says
AI agents reportedly targeted Library and Archives Canada, while officials found no evidence of a government system compromise and OpenAI reviewed findings.
Tencent Reportedly Leases 100,000 AI Chips From Oracle
Tencent reportedly leases 100,000 advanced AI chips from Oracle in a five-year $7 billion deal as the Chinese tech giant expands AI infrastructure.
Sensex Nifty Open Lower as Foreign Outflows Weigh
Sensex and Nifty open lower on October 1 as foreign outflows weigh on sentiment, while easing crude oil prices offer some relief to Indian markets.
South Korea Weighs Alaska LNG Investment in US
South Korea weighs Alaska LNG investment under its $350 billion US package as lawmakers examine profitability, financing risks and benefits for Korean firms.
US GDP Revised Higher to 2.2% on Consumer Spending
US GDP growth was revised to 2.2% in Q2 2026 as stronger consumer spending, business investment and domestic demand boosted economic activity.