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  • Microsoft Cuts Purchases Of Carbon Removals By 80% Amid AI Push
    Microsoft Cuts Purchases Of Carbon Removals By 80% Amid AI Push

    Microsoft bought 8.55 million metric tons of carbon removal credits in the year through mid-July, which is about 80% less than it purchased over the same period in 2025.

    • Aug 13, 2026 20:55 pm IST
    • Bloomberg News
  • Anthropic Eyes $6 Billion Decart AI Acquisition In Its Largest Known Deal
    Anthropic Eyes $6 Billion Decart AI Acquisition In Its Largest Known Deal

    The potential acquisition is intended to help Anthropic's existing computing infrastructure absorb more demand at a time when it's seeing surging adoption of its software.

    • Aug 13, 2026 20:44 pm IST
    • Bloomberg News
  • DeepSeek Increases Prices For AI Services By Multiple Times
    DeepSeek Increases Prices For AI Services By Multiple Times

    DeepSeek's strategy has sparked a global debate in recent weeks over the cost of high-performing AI tools.

    • Aug 13, 2026 19:46 pm IST
    • Bloomberg News
  • US Jobless Claims Edged Up To 209,000 Last Week
    US Jobless Claims Edged Up To 209,000 Last Week

    Initial claims increased by 9,000 to 209,000 in the week ended Aug. 8, according to Labor Department data released Thursday.

    • Aug 13, 2026 19:22 pm IST
    • Bloomberg News
  • US Producer Price Growth Decelerates by More Than Forecast
    US Producer Price Growth Decelerates by More Than Forecast

    The US producer price index rose 4.7% from July 2025 after a 5.5% annual increase in June.

    • Aug 13, 2026 19:17 pm IST
    • Bloomberg News
  • JLR Headwinds Key Factor Behind 80% Hit To Tata Motors' Q1 Bottomline
    JLR Headwinds Key Factor Behind 80% Hit To Tata Motors' Q1 Bottomline

    The earnings point to continuing headwinds for the carmaker, especially at JLR — Britain's largest carmaker — as it recovers from a year when its profit was almost entirely wiped out.

    • Aug 13, 2026 18:42 pm IST
    • Bloomberg News
  • Shein Loses UK Court Battle Against Temu Over Copyright Violation Allegations
    Shein Loses UK Court Battle Against Temu Over Copyright Violation Allegations

    Shein had accused Temu at trial earlier this year of "astonishing" levels of copyright infringement and use of thousands of photographs from Shein's website.

    • Aug 13, 2026 18:06 pm IST
    • Bloomberg News
  • Accenture Urges Employees To Delay Unused Vacations In Final Push For Q4 Revenue
    Accenture Urges Employees To Delay Unused Vacations In Final Push For Q4 Revenue

    Staff can carry over any unused vacation days into the next fiscal year, which starts on Sept. 1, according to people with knowledge of the matter

    • Aug 13, 2026 15:51 pm IST
    • Bloomberg News
  • CXMT Overtakes Tencent To Become Most Valuable Chinese Company
    CXMT Overtakes Tencent To Become Most Valuable Chinese Company

    CXMT became more valuable than Tencent, whose valuation slid to $510 billion amid mounting concerns over its growing artificial intelligence investments.

    • Aug 13, 2026 15:13 pm IST
    • Bloomberg News
  • RBI Sees A Stronger India As Iran War Fails To Derail Consumer Demand
    RBI Sees A Stronger India As Iran War Fails To Derail Consumer Demand

    Dark clouds are still looming, however.

    • Aug 13, 2026 12:18 pm IST
    • Bloomberg News
  • Ford Will Stop Importing The One Model It Ships From China To The US
    Ford Will Stop Importing The One Model It Ships From China To The US

    The Dearborn, Michigan-based automaker said Wednesday it will expand Lincoln output in the US beginning in 2030

    • Aug 13, 2026 08:30 am IST
    • Bloomberg News
  • Rio Tinto Australia Aluminum Plant Gets $1.8 Billion Bailout
    Rio Tinto Australia Aluminum Plant Gets $1.8 Billion Bailout

    The bailout follows government support secured by Rio in March for its Boyne smelter in Queensland, where the company received A$2 billion in combined federal and state funding.

    • Aug 13, 2026 08:22 am IST
    • Bloomberg News
  • Korean Stocks Rise 22% In 10 Days As Chip Rally Regains Steam
    Korean Stocks Rise 22% In 10 Days As Chip Rally Regains Steam

    Heavyweight memory chipmakers Samsung Electronics and SK Hynix drove the advance, each jumping more than 5%.

    • Aug 13, 2026 07:54 am IST
    • Bloomberg News
  • China Revives Free-Trade-Zone Bond Market After Crackdown
    China Revives Free-Trade-Zone Bond Market After Crackdown

    Chinese policymakers want companies to sell more yuan-denominated notes offshore through various mechanisms including the FTZ, though they've also erected barriers to stem a risky buildup of debt.

    • Aug 13, 2026 07:47 am IST
    • Bloomberg News
  • ASX Profit Misses Estimates As Next CEO Attia Prepares To Lead The Stock Exchange
    ASX Profit Misses Estimates As Next CEO Attia Prepares To Lead The Stock Exchange

    The stock gained as much as 9.9%, the most since March 2020, after flagging buoyant listings demand.

    • Aug 13, 2026 07:44 am IST
    • Bloomberg News
  • Cisco's AI Outlook Disappoints Investors Seeking Bigger Payoff
    Cisco's AI Outlook Disappoints Investors Seeking Bigger Payoff

    AI sales will make up about 10% of Cisco's projected total revenue of $72.2 billion to $73.4 billion in fiscal 2027, according to a company statement issued Wednesday.

    • Aug 13, 2026 07:05 am IST
    • Bloomberg News
  • Japan Inflation Data: Producer Price Gains Stay High As BOJ Mulls Rate Path
    Japan Inflation Data: Producer Price Gains Stay High As BOJ Mulls Rate Path

    The advance in the producer price index was led by oil and coal products, chemical products and non-ferrous metals.

    • Aug 13, 2026 07:08 am IST
    • Bloomberg News
  • Fermi Names McIntire CEO Four Months After Ousting Co-Founder
    Fermi Names McIntire CEO Four Months After Ousting Co-Founder

    McIntire has served as an independent director at the AI power firm since September, and took over as CEO Tuesday, the company said in a statement Wednesday.

    • Aug 13, 2026 06:24 am IST
    • Bloomberg News
  • Wall Street Highlights: S&P 500, Nasdaq Rise On AI Trade As Market Awaits More Inflation Data
    Wall Street Highlights: S&P 500, Nasdaq Rise On AI Trade As Market Awaits More Inflation Data

    US CPI data released Wednesday showed July consumer prices rose in line with expectations, while a key metric matched the slowest pace since March 2021.

    • Aug 13, 2026 06:16 am IST
    • Bloomberg News
  • Trump Media Losses Hit $238 Million As Firm Pivots To Fast Feeds
    Trump Media Losses Hit $238 Million As Firm Pivots To Fast Feeds

    The results accelerate a long-running financial slide for Trump Media, which has failed to turn a profit despite a raft of new ventures, including a plan to stockpile digital assets and acquire an experimental clean-energy company.

    • Aug 11, 2026 09:26 am IST
    • Bloomberg News
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