Business

Government engagement with AI creates more uncertainty for investors, Bridgewater CIOs warn

RBI to trial Rs 10, Rs 20 plastic notes worth Rs 3,000 Crore; Centre says no proposal to replace paper notes

Amazon Seeks FCC Nod to Beam Satellite Coverage to Mobile Phones

Amazon.com Inc. has requested permission from the US Federal Communications Commission to launch a direct-to-device network of 5,000 satellites to provide mobile services to cell phones from space, furthering the company’s competition with…

Tyson, JBS Shares Surge as US Reopens Mexico Cattle Imports After Screwworm Ban

Shares of meatpackers Tyson Foods Inc. and JBS NV surged after the US said it would resume cattle shipments from Mexico, easing a domestic shortage that has led to higher costs for their animals.

Corporate Bonds Lose Appeal as Shock Absorber, Carlyle Says

As corporate bonds become less reliable at protecting against market shocks, investors are looking to asset-backed finance as an alternative source of stability, according to Carlyle Group.

Amazon targets Musk’s Starlink with satellite constellation for mobile services

Tech giant files to launch more than 5,000 satellites to provide global consumer service

Even China’s A.I. Powerhouses Can’t Figure Out How to Profit Off A.I.

Chinese A.I. models are gaining ground. But the companies behind them do not have a clear strategy to make money from that success.

Sam Altman to meet with Trump administration, Senators this week. Here's what he plans to say

Altman will preview the capabilities of the company's upcoming family of AI models and answer questions about cybersecurity and open-weight models.

ASML Slides After Report of China Beginning DUV Tool Production

ASML Holding NV shares slid to the lowest since early June after a report that a Chinese state-backed company has begun mass producing certain chipmaking machines which could present a potential threat to the Dutch firm’s sales.

Uganda: Vote Wisely, Reject Land Grabbers - Hajjat Namyalo Calls for Peaceful, Credible LC1 Elections

[New Light] The Manager of the Office of the National Chairman (ONC), Hajjat Hadijah Namyalo Uzeiye, widely known as Chief Muzzukulu, has appealed to Ugandans, particularly young people, to actively participate in the Local Council I (LC1)…

Oil prices fall as US pauses strikes on Iran over strait of Hormuz

Brent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fall Business live – latest updates Oil prices have dropped sharply as traders bet that a pause in US attacks on Iran could prevent an escalation in the…

Kenya: SGR Services At Risk As Rail Workers Threaten Industrial Action

[Capital FM] Nairobi -- Railway workers have threatened to paralyse train services across the country, including the Standard Gauge Railway (SGR), if Kenya Railways fails to address what they describe as years of poor pay, deteriorating…