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Category: Business News

11Feb

Alphabet taps U.S. bond market as AI debt boom fuels record corporate issuance

Google parent Alphabet tapped the U.S. high-grade bond market on Monday, adding to a boom in debt funding by AI companies that analysts project will lead to a record-breaking year…
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11Feb

Indian refiners shun Russian oil, eye US trade deal

Indian refiners are avoiding Russian oil purchases for delivery in April and are expected to stay away from such trades for longer, refining and trade sources said, a move that…
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11Feb

Novo Nordisk sues Hims & Hers over $49 Wegovy copy after regulator backlash

Novo Nordisk sued Hims and Hers Health on Monday over patent infringement after the U.S. telehealth firm launched, then cancelled, a $49 copy of Novo's weight-loss pill Wegovy following a…
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11Feb

TeamViewer flags flat to modest 2026 revenue growth as market volatility bites

German software developer TeamViewer forecast on Tuesday annual revenue growth of between 0% and 3% in 2026, with an adjusted core profit margin of about 43% as high market volatility…
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11Feb

Broadcasters, Newsmax clash over US TV ownership cap

A group representing broadcast television stations and conservative cable news channel Newsmax will square off on Tuesday over the fate of rules that bar broadcasters from reaching more than 39%…
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11Feb

Trump administration seeks AI data center compact from tech companies

President Donald Trump's administration wants technology companies to commit to a new compact concerning AI data center, Politico reported on Monday, citing two administration officials. The draft compact sets out…
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11Feb

U.S. labor board drops SpaceX case, backs off future action

The U.S. labor board is abandoning a years-long legal battle against Elon Musk's SpaceX and signaling it will steer clear of future cases against the company, Bloomberg News reported on…
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11Feb

South Korea orders Coupang to fix security flaws after massive data leak

South Korean authorities said on Tuesday that e-commerce giant Coupang needs to fix vulnerabilities in its security systems that they blamed for causing a massive data leak at the company.…
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11Feb

Amazon plans AI content marketplace for publishers, The Information reports

Amazon has signaled to publishing industry executives that it is planning to launch a marketplace where publishers can sell their content to firms offering artificial intelligence products, The Information reported…
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10Feb

Adani in talks with US foreign assets office over bribery charge claims: report

India's Adani Enterprises said on Tuesday it is talks with the U.S. Office of Foreign Assets over allegations from a Wall Street Journal report published in June last year that…
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