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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.
Coca-Cola India IPO Could Raise $1 Billion in 2026
Coca-Cola is considering a December 2026 IPO filing for Hindustan Coca-Cola Beverages, potentially raising $1 billion at a $10 billion valuation.
Tata Trusts Restructuring Plan Could Help Avoid IPO
Tata Trusts proposes merging TESS and TCE into Tata Sons to change its regulatory status and potentially avoid the mandatory listing requirement.
Indian Shares Set for Weak October as Shorts Rise
Indian shares enter October under pressure as foreign investors increase Nifty shorts, September losses deepen and global yields remain elevated.
China Adds 55% Tariff on Brazil Beef Imports
China adds a 55% tariff on Brazilian beef above quota from October 1, raising pressure on exporters and creating uncertainty over 2027 access.
Sensex Nifty Open Flat as US-Iran Uncertainty Weighs
Sensex and Nifty open near flat levels as easing crude prices offer relief while US-Iran uncertainty, foreign selling and yields keep investors cautious.
S&P 500 Nasdaq Open Higher as Oil Prices Retreat
S&P 500 and Nasdaq open higher as oil prices retreat and Anthropic IPO news boosts technology sentiment, while the Dow moves lower.
UK Water Companies Public Ownership Plan by Burnham
Andy Burnham plans legislation to remove barriers to public ownership of UK water companies, with a ten-year reform plan covering ownership and investment.
Oil Prices Fall as Middle East Supply Recovers
Oil prices fall as Middle East crude exports recover, with Saudi Arabia restarting Yanbu loadings while Strait of Hormuz risks remain.
Anthropic IPO Reveals $42 Billion Loss and AI Spending
Anthropic IPO prospectus reveals a nearly $42 billion 2025 loss, $4.6 billion revenue and massive future cloud and AI infrastructure commitments.
Indian Rupee Falls Past 96 as Oil Prices Rise
Indian rupee falls past 96 per dollar to a two-month low as rising crude prices, foreign outflows and high US Treasury yields add pressure.
Oil Prices Rise as Brent Crude Tops $106
Oil prices rise for a second session as Middle East supply risks persist, with Brent above $106 and US-Iran tensions keeping markets volatile.
Sensex Nifty Open Lower Near Six-Month Lows
Sensex and Nifty open lower near six-month lows as crude oil rises, foreign investors sell and global yields and geopolitical risks pressure markets.
Supreme Court Questions UPI MDR Charges Above ₹2,000
Supreme Court seeks Centre's response on proposed UPI MDR above ₹2,000, while declining to stay the October 15 implementation of the charge.
Rolls-Royce to Invest £300 Million in UK Manufacturing
Rolls-Royce will invest £300 million in UK manufacturing and engineering, expanding aerospace and defence facilities while supporting skilled jobs.