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The weaker results highlight mounting challenges facing the auto industry, as carmakers contend with rising energy and raw material costs as well as supply chain disruptions linked to U.S. tariffs and conflict in the Middle East. The South Korean firm, which faced additional prod

It posted a comparable operating profit of 434 million euros ($496.1 million) for the quarter ended June, an 18% year-on-year increase, comfortably surpassing analysts' average estimate of 382 million euros, according to an LSEG poll cited by Reuters. AI Data Centre Push Drives G

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After raising rates in June and indicating that further tightening could follow, the ECB has since been presented with a series of softer economic indicators. Inflation, wage growth, economic activity and inflation expectations have all shown signs of easing in recent weeks, redu

What is the mosquito-borne disease Sri Lanka is using drones to fight? - Published Battling its worst dengue outbreak in nearly a decade, Sri Lanka has deployed military drones to scan for stagnant pools of water on rooftops and other mosquito-breeding sites. The virus has killed

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Bajaj Auto share price is on a solid uptrend, buoyed by the company's strong results for the April-June quarter of the financial year 2026-27 (Q1FY27). The automobile stock hit its 52-week high for the second consecutive session on Thursday, 23 July. Bajaj Auto share price opened

The lender reported a 5% YoY increase in standalone net profit for the April-June quarter of FY27. The bank posted a standalone net profit of Rs 19,060 crore for the quarter, compared with Rs 18,155 crore in the corresponding period last year. Net interest income (NII), which ref

"Big up the netballers. That sport is so difficult." - Stormzy, May 2026 Derived from basketball and developed by teenagers in late-Victorian England, netball is sport's great misunderstood "girly game". A hotbed of feminist rebellion, its corset-shattering, myth-busting history

The company has fixed a price band of Rs 461-485 per share for its IPO, which will close on July 27. Also Read | Indo-MIM IPO opens: Is this Rs 3,811 crore issue a long-term bet? Some of the other key anchor investors who were allocated shares include Government Pension Fund Glob

Firm hacked by rogue OpenAI models says it is 'a wake-up call' - Published The co-founder of Hugging Face, a technology start-up that was hacked after some of OpenAI's most advanced artificial intelligence (AI) models went rogue, said on Thursday that the incident is "a wake-up c

Russia's businesses under strain from Ukraine's attacks on Wildberries - Published Ukrainian drones have hit several retail warehouses belonging to Russia's biggest online retailer, Wildberries, in a matter of days, dealing a blow to a large number of small and medium-sized busin

(Bloomberg) -- Asia-based hedge funds have been caught up in the July selloff after the fervor for artificial intelligence and technology hardware propelled double- or even triple-digit returns in the first half. WT China Fund, led by Wang Tongshu, lost 17% this month before fees

ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations, is betting on an Indian banking software specialist to deepen its push into global financial services. The company has invested $40 million in BusinessNex

Magnus Steel and Infra share price hit the 5% upper circuit on Thursday, 23 July, after the company reported a sharp improvement in its June quarter (Q1 FY27) earnings. The company posted a 490.6% year-on-year surge in net profit to ₹241.13 lakh for the quarter ended 30 June 2026

Bengaluru-based AI insurtech startup NeuralKart has raised Rs 2.35 crore in a seed funding round led by Inflection Point Ventures. The proceeds will be used for product development, AI and machine learning engineering, customer acquisition, go-to-market expansion and working capi

Tesla reported second-quarter revenue of $28.24 billion, beating Wall Street expectations as record vehicle deliveries and strong services growth lifted the top line. However, adjusted earnings per share missed estimates amid weaker profitability and higher spending. (Sources: Ya

Infosys Q1 Results LIVE: Infosys, India's second-largest IT services company, is set to announce its Q1 FY27 results on Thursday, July 23, after market hours. Investors will closely track the Bengaluru-based IT major's earnings for signs of demand recovery in key markets and any

The shares of the company dropped to Rs 951 apiece on Thursday, the lowest level seen since June 12. While consolidated net profit grew 34% from Rs 86 crore reported in Q1 of the previous financial year, it fell around 26% sequentially from the Rs 157 crore reported in Q4 of FY26

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Ann Widdecombe public memorial to be held later this year, family says - Published A public memorial for Ann Widdecombe will be held later this year, her family has said in a statement. Former Conservative minister and Reform UK spokeswoman Widdecombe, 78, was found dead in her D

Blocked by censors, China's animal lovers take fight against abuse offline and overseas - Published When videos showing the horrific killing of a stray dog and her puppies sparked outrage on the Chinese internet in June, Beijing's censorship machine kicked into action. But what w

Gulf Lloyds (India) IPO Allotment: The initial public offering (IPO) of Gulf Lloyds (India) Ltd received strong demand from investors during its subscription period. As the bidding has closed, focus now shifts to Gulf Lloyds IPO allotment status, which is expected to be fixed tod

(Bloomberg) -- A potential line in the sand is forming for the Philippine peso at its record low, even as the central bank maintains it doesn’t defend a specific level. In the past nearly three months, the currency has mostly hovered around its all-time low of 61.75 per dollar fi

The rapid increase has turned MTF into a preferred financing avenue for equity trading and an increasingly important revenue driver for stockbrokers. But the expansion is unfolding against a less supportive trading backdrop. Cash market average daily turnover declined 6.7% sequen

The Cube Highways Trust InvIT IPO opened for public subscription on Wednesday, 22 July, and will close on Friday, 24 July. The Cube Highways Trust InvIT IPO price band has been fixed at ₹151-152 per unit. Ahead of the issue opening, Cube Highways Trust, managed by Cube Highways F

According to a filing with the exchange, revenue increased 4.1% quarterly to Rs 1,226 crore. The company reported a gross profit of Rs 326 crore, growing 2.6% quarterly and nearly 25% yearly. Also Read | Dr Reddy’s shares crash 9% after weak Q1 results. Here’s why these 3 brokera

Alphabet reported a stronger-than-expected second quarter, driven by robust growth in its cloud business and resilient advertising revenue. Total revenue climbed 24% year-on-year to $119.8 billion, beating analysts' estimates of around $116.9 billion, while Google Cloud revenue s

The Nikkei was up 0.47% to 66,424.44 by the midday break, while the broader Topix edged up 0.39% to 4,048.79. Overnight, the Philadelphia SE Semiconductor index, a reference for the Nikkei, ended up 0.4%. Alphabet said that it expects to spend between $195 billion and $205 billio

Is 2026 the Commonwealth Games' last dance or a future-proofing revamp? - Published It is an event that has been going for 96 years. The Commonwealth Games have provided iconic sporting moments – from Roger Bannister's win in the 'Miracle Mile' of 1954 and Eilish McColgan breakin

The rupee was at 96.5350 per dollar as of 10:00 a.m. IST, nearly flat compared to its close at 96.5650 in the previous session. Brent crude oil prices rose over 2% to $96.3 per barrel in Asian trade to their highest in more than six weeks, as Yemen's Houthis targeted oil tankers

South Korea GDP: South Korea's economy expanded more than expected in the second quarter, driven by robust semiconductor exports that offset a slowdown in construction investment, strengthening confidence in the country's technology-led growth story even as markets brace for furt

The benchmark 6.94% 2036 bond yield was at 6.8180% as of 10:05 a.m. IST, after closing at 6.8012% on Wednesday. "Indian bonds are starting to look vulnerable as higher oil prices threaten to revive inflation pressures and weaken the rupee. Unless crude cools meaningfully, yields

Ward, who has spent years within the Macquarie organisation and most recently led its Banking and Financial Services (BFS) division, was widely regarded by investors as a natural internal successor with deep knowledge of the group's operations. Investors see a steady transition F

Revenue from operations in the reporting period increased 16% YoY to Rs 4,663 crore. Revenue from power supply rose 29% YoY to Rs 4,280 crore from Rs 3,312 crore. Adani Green said that its performance was driven by capacity expansion and strong operating performance. The company'

I became a nurse after my husband died from Covid - now I'm determined to get a job - Published A woman who trained to become a nurse because she was so impressed with the care given to her husband when he died from Covid has graduated and said she "won't give up" in her search f

One month, two record transfers - why English midfielders are in demand - Published In the space of one month, England duo Elliot Anderson and Morgan Rogers have each broken the record for being the most expensive British player of all-time. Anderson's £116m move from Nottingham

Tesla shares dropped more than 4% in extended trading hours after profit miss and cash burn spooked investors, despite record vehicle deliveries as higher oil prices due to the raging conflict in the Middle East increased demand for electric vehicles. What hurt Tesla's profit? Wo

Fatboy Slim helps to save 'lifeblood' music venue - Published A tiny Brighton music venue is to become community owned as part of a £7m initiative backed by DJ Fatboy Slim and Andy Burnham that's been dubbed the "National Trust of music venues". The Pipeline in Little East Street

Police officer was violent rapist who attacked women over 14 years - Published A police officer who took his own life in May was a violent rapist who carried out a spate of sexual attacks and attempted murders of women over at least 14 years, the BBC can reveal. PC Alan Greer's f

At the midday break, the Shanghai Composite Index was down 0.2% at 3,859.69, while the blue-chip CSI300 Index also slipped 0.2%. Technology-focused stocks remained under pressure, extending their recent correction. Reuters reported that the STAR 50 Index, which tracks China's tec