Business

The UK government has seized control of British Steel from its Chinese owners to protect domestic industrial capabilities, sparking a diplomatic row with Beijing.

Federal health officials have traced a multistate outbreak of cyclosporiasis to a single supplier of iceberg lettuce from Mexico serving Taco Bell locations.

PayPal is evaluating a $53 billion acquisition proposal from Stripe and Advent International, though the board believes the offer undervalues the company.

The Australian sharemarket faced a significant slump driven by a 5.1% drop in technology stocks and global anxieties over AI's impact on software margins.

A technical failure during the countdown of Starship's Flight 13 triggered an automatic abort and sparked volatility in SpaceX's stock.

Health officials are investigating shredded iceberg lettuce from Taylor Farms after a parasitic outbreak sickened thousands across 34 states.

US gasoline prices reached $1.120 per liter in July 2026, while diesel hit $1.270. The report analyzes the impact of regional taxes, crude oil benchmarks, and refining costs.

Major U.S. stock indexes declined on Thursday as a steep decline in semiconductor stocks overwhelmed positive economic indicators.

Quantum computing threatens to dismantle the foundation of global cybersecurity by cracking public-key encryption. Experts warn of a looming deadline known as Q-Day that could expose government secrets and critical infrastructure.

President Trump is scheduled to meet with senators to negotiate ethics rules for the Digital Asset Market Clarity Act amid Democratic demands for business caps.

China's GDP grew 4.3% in the second quarter, reflecting a contrast between surging exports and struggling domestic consumption and investment.

China's economy expanded at 4.3% year-on-year in the second quarter of 2026, marking the slowest pace of growth since the Covid lockdown era.

After stepping down as CEO of Zomato, Deepinder Goyal is investing in a brain-tracking wearable for athletes and a regional aviation network to link underserved Indian cities.

Central Asian nations are transitioning toward a balanced development model with combined GDP potentially exceeding $600 billion in 2026. Growth is supported by industry, infrastructure, and international capital inflows.

SBI Mutual Fund's top-performing schemes are currently led by thematic, international, and gold strategies rather than traditional large or small-cap funds.

Twelve US states sue to block Paramount and Warner Bros. merger

HCLTech net profit jumps 20% to Rs 4,624 crore in June quarter

The failure of shadow bank Market Financial Solutions has triggered a wave of insolvencies across the financial services sector amid allegations of misappropriation.

Global markets face extreme volatility following US airstrikes on Iran and a subsequent temporary ceasefire. The conflict has disrupted oil transit through the Strait of Hormuz.

Vodafone Idea has introduced Vi One, a bundled service integrating high-speed fiber broadband, prepaid mobile services, and OTT subscriptions into a single plan.