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Update | August 28, 18:00 IST ESDS Software Solution’s IPO was subscribed 2.1X on the first day of bidding, receiving bids for 2.60 Cr shares against 1.24 Cr shares on offer. NIIs led the demand, bidding for 93.03 Lakh shares against the 26.47 Lakh shares reserved for them, trans

A federal judge in California ruled on Thursday evening that the Trump administration’s designation of Anthropic as a supply chain risk was illegal. U.S. District Judge Rita Lin said in her ruling that Defense Secretary Pete Hegseth’s labeling of Anthropic as a risk to national s

This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here. Who remembers the phrase "BBM me?" In its heyday, BlackBerry was one of the biggest phone makers in the world. BlackBerry Messenger (BBM) was the instant messaging service tha

This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here. Who remembers the phrase "BBM me?" In its heyday, BlackBerry was one of the biggest phone makers in the world. BlackBerry Messenger (BBM) was the instant messaging service tha

'I'd hate to finish career like this' - O'Sullivan - Published Ronnie O'Sullivan says he does not "want to throw in the towel just yet" after being well beaten in his 6-3 defeat by Chang Bingyu in the semi-finals of the Wuhan Open on Friday. The seven-time world champion fought b

Bharat PET Limited, an integrated packaging solutions provider, has received approval from SEBI for its proposed initial public offering (IPO). The company is looking to raise ₹760 crore through a mix of a fresh issue and an offer for sale (OFS). The fresh issue comprises equity

Reliance Industries Ltd’s (RIL) digital and telecom services arm Jio Platforms has received SEBI’s approval for its proposed initial public offering (IPO), moving closer to its stock market debut. According to an update on the markets regulator’s website, SEBI issued its observat

Africa is set for a record year of solar installations, according to new analysis. The continent is on track to install 17 gigawatts of solar in 2026, up 45% year-on-year, according to the global energy think tank Ember and the African Tech Futures Lab. If fulfilled, it would mar

This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. President Donald Trump on Thursday signed an order that he said will rename Lake Ontario to "Lake America," prompting some déjà vu to last year's "Gulf of America" pus

The crypto infrastructure firm BitGo has agreed to buy the institutional trading business and related assets of NYDIG, CNBC has learned. With the acquisition, BitGo will add derivatives, structured products, financing and other capital markets services to its existing custody, se

The sharp rise in global oil prices sparked by the Iran war has had an uneven impact in Francophone West Africa, with some countries’ fuel prices double the level of their neighbors. Senegal, the second-largest economy in the West African Economic and Monetary Union, hiked its pr

DR Congo and Angola signed a US-backed railway agreement aimed at improving the transport of minerals to the Atlantic coast, as global superpowers vie for control of Africa’s key resources. Experts believe that once the Lobito Corridor linking mineral-rich DR Congo and Zambia to

Johannesburg’s finances are collapsing under the weight of unpaid bills, leaving South Africa’s economic hub cash-starved and politically rudderless, according to a new report. The city is “living off a fiscal fiction,” said the Centre for Development and Enterprise think tank, b

Meta’s India and Southeast Asia vice president Sandhya Devanathan has stepped down after more than a decade at the social media giant. In a LinkedIn post, Devanathan said, “After more than a decade at Meta, I’ve made the bittersweet decision to move on to my next adventure.” “Aft

Zambia’s main opposition leader and his running mate were held in connection with alleged treason offences, two weeks after a disputed election that saw President Hakainde Hichilema secure a second term. The detention of Brian Mundubile and Makebi Zulu on Thursday risks clouding

Meta’s India and Southeast Asia vice president, Sandhya Devanathan, is leaving the social media giant to join OpenAI, the ChatGPT maker told TechCrunch. Devanathan will be based in Singapore and report to OpenAI’s Asia-Pacific managing director, Kiran Mani. She will oversee consu

— Arnold Van Den Berg Yield Alone Does Not Make an Investment Attractive The quote highlights a fundamental principle of investing: generating returns is important, but preserving capital is even more critical. A high yield may appear attractive, but if an investment does not hav

UK soldiers could get paragliders to drop behind enemy lines - Published British soldiers could soon be given powered paragliders to enable them to fly up to 200 miles behind enemy lines. The backpack-sized gliders mean Royal Marine and Parachute Regiment troops could fly into ho

The US stock futures traded with mild losses on Friday, 28 August, as traders awaited fresh signals on the Federal Reserve's policy path from the Jackson Hole symposium. Futures tied to S&P 500 fell marginally, while Nasdaq-100 futures lost 0.3%. Dow Jones Industrial Average futu

Hi friends 👋, Happy Friday and welcome back to our 208th Weekly Dose of Optimism. While there was a ton of good news this week, the videos of the floods in Nepal and Tibet are some of the most heartbreaking I’ve ever seen. We’re going to cover the good stuff, but if you’d like t

Sunderland and Bournemouth draw AC Milan in Europa League - Published Sunderland will mark their first European campaign since 1973 with a trip to the San Siro after drawing AC Milan in the Europa League. The Black Cats, who finished seventh in the Premier League last season, wil

On Friday, the Sensex rose about 200 points in the six minutes before the closing auction kicked in. The move was decent, but nowhere close to Thursday’s sharp expiry-day collapse, when the index plunged from around 77,200 at 3.17 pm to nearly 74,983 at 3.23 pm before recovering

Business News›Markets›US Stocks›News›Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US stocks edge higher ahead of Warsh’s Jackson Hole speech LIVE BLOG US stocks edge higher ahead of Warsh speech Synopsis Dow Jones| Nasdaq | S&P 500 | US Stock Market Today

AI - security Industry that built the problem offers to sell you the solution100+ tech giants warn AI attacks are coming, skip the part where they pay for defenses - SYSTEM

Save a ridiculous 76% on this 7-in-1 Hyper Dual Monitor Thunderbolt 4 Dock — just $24 buys a dual 4K60Hz HyperDrive docking station for pennies on the dollar Expand your laptop’s screen real estate and connectivity for under $25 with promo code The portability of a laptop is nice

In December, Imax CEO Rich Gelfond opened the door to a sale. Almost nine months later, the company's stock has hit an all-time high, its box office is breaking records and the stage is set to carry its momentum through the end of 2026. Yet, no major suitors have appeared. Imax h

Listen to this article in summarized format The biggest name in the latest set is Reliance Industries-backed Jio Platforms, which has received approval from Sebi for its proposed public listing. The issue is reportedly looking to raise around Rs 37,700 crore, implying a valuation

Iranian crude oil exports have plunged in August as the U.S. relies on economic pressure through its naval blockade, rather than military strikes, to coerce Tehran into a deal to fully reopen the Strait of Hormuz. Tehran has loaded about 260,000 barrels per day for export at its

Global markets will parse Warsh's remarks later in the day for signals on the U.S. policy path and inflation strategy. His comments could recalibrate expectations for Indian rates after hawkish minutes from the Reserve Bank of India's August meeting revived bets on domestic monet

On Friday, the benchmark Sensex gained 331 points to close at 77,265. Despite the mixed market backdrop, the broader market continued to display strength, with five stocks from the BSE 200 Index hitting fresh 52-week highs, marking their highest levels in the past year. A 52-week

Celebrity Hunted showed I can achieve anything after cancer, Amy Dowden says - Published Spoiler warning: This story contains details of the winner(s) of Celebrity Hunted Strictly Come Dancing star Amy Dowden has said winning Celebrity Hunted has helped her believe she can "achie