SPORTS
Manchester United’s Avram Glazer enters race to buy Royal Challengers Bengaluru: Report
Blackstone Inc., Carlyle Group Inc. and Indian tycoons are among other potential buyers of the Royal Challengers Bengaluru franchise
MARKETS
Bandhan Small Cap Fund that outperformed 93% of peers turns to internet value stocks
The $2.1 billion fund has added holdings like Paytm, Info Edge India Ltd. and IndiaMart InterMesh Ltd. in recent months
MARKETS
Asian stocks rise after tech boosts US equities
The MSCI Asia Pacific Index gained for a second day, as shares rallied in Australia and Japan, and South Korea’s benchmark rose to a record.
BUSINESS
Laser-etched glass can store data for millennia, Microsoft says
Since 2019, Microsoft's Silica project has been trying to encode data on glass plates, in a throwback to the early days of photography, when negatives were also stored on glass
BUSINESS
Bayer’s $7 billion effort to end Roundup curse draws skepticism
The list of hurdles to the plan is long. For one, it remains contingent on court approval in Missouri
BUSINESS
How Europe will choose Christine Lagarde’s successor as European Central Bank president
Speculation about a departure has swirled around Lagarde for some time, but increased after Bank of France chief Francois Villeroy de Galhau, who also sits on the ECB’s Governing Council, recently announced his early exit
BUSINESS
AI rout has Europe looking to old economy IPOs for revival
Norwegian software group Visma AS could push its planned London IPO into the second half of the year as publicly traded peers come under pressure, Bloomberg News reported last month
WORLD
Visited Jeffery Epstein’s private island but was not aware of his sex trafficking ops: Billionaire Leslie Wexner tells US House Panel
The House Oversight Committee has been investigating what role Epstein’s broad network of connections may have played in facilitating his enterprise or delaying criminal prosecution
BUSINESS
AI pioneer Fei-Fei Li’s startup World Labs raises $1 billion
Autodesk Inc. invested $200 million in World Labs as part of the round
BUSINESS
Tech leads stocks higher as AI jitters switch back to enthusiasm
The S&P 500 Index advanced 0.8% as of 11:22 a.m. in New York, while the technology-heavy Nasdaq 100 Index rallied 1.3%.
BUSINESS
Google plans new fiber-optic routes between the US and India
The America-India Connect initiative, will deliver new fiber-optic lines to improve the speed and reliability of connectivity between India and other countries.
BUSINESS
Tesla fosters toxic work environment at German plant, says union
Tesla’s management is attacking unions in Germany 'with unprecedented aggression', said Jan Otto, a regional IG Metall leader. 'The company must not be allowed to get away with this.'
BUSINESS
Gold and silver regain ground ahead of Fed minutes release
A powerful rally carried gold to an all-time high above $5,595 an ounce in late January, but the market overheated after a surge in speculative buying and snapped back almost to $4,400 in just two sessions.
BUSINESS
Wall Street hunts for bottom as S&P retests 'rock solid' support
For the third day this month, the benchmark gauge traded below its 100-day moving average, a key support line that has held since May, as investors rotate out of richly valued tech stocks into more defensive corners of the market.
BUSINESS
SBI MF likely to file papers for $1.5-bn IPO in March: Report
The nation’s biggest asset manager plans to submit its draft red herring prospectus for the IPO that could raise as much as $1.5 billion in the first half of March
INDIA
Upstart Sarvam unveils AI model customized for India market
Sarvam’s models are built to be used through voice commands and are accessible through 22 Indian languages
COMPANIES
CVC taps finance veteran Sanjay Nayar to expand its India operations
Nayar will focus on strengthening relationships and refining strategy as the firm looks to scale up activity in the country
WORLD
Stephen Colbert says CBS blocked appearance by Democratic candidate
CBS’s parent, Paramount Skydance Corp., has come under criticism from the media and free speech advocates since technology heir David Ellison took control of the company last year
BUSINESS
Gold steadies after two-day drop in thin lunar new year trading
Bullion was near $4,880 an ounce in early trading, having lost more than 3% over the previous two sessions, as the US dollar strengthened.
BUSINESS
Warren Buffett’s Berkshire Hathaway cuts Amazon stake, makes bet on New York Times
Omaha, Nebraska-based Berkshire acquired 5.1 million shares of the media publishing company in the three months through December, a stake worth $351.7 million at yearend, according to a regulatory filing Tuesday
BUSINESS
Asian stocks set for positive open after choppy US session
Equity futures point to gains for Australian and Japanese benchmarks, after the S&P 500 finished flat on Tuesday in another volatile session
CRYPTOCURRENCY
Bitcoin declines amid risk-off mood with AI concerns to the fore
The token dropped as much as 3.2% to $66,604 on Tuesday in New York before paring the decline
BUSINESS
Want to invest in SpaceX, Anthropic? Fund to give retail investors access
Once the fund receives regulatory approval, investors can buy shares through a brokerage account on the open market, just like buying any other listed stock
BUSINESS
Lufthansa expands Air India partnership under pressure from Gulf
The move underscores Lufthansa’s growing reliance on India, which has become its No. 2 premium long-haul market after the US.
