India's markets regulator has approved the initial public offering of Pine Labs , a document on its website showed. ...

Core Viewpoint - Intel has reduced its full-year 2025 adjusted operating expense target to $16.8 billion from $17 billion, reflecting the deconsolidation of its programmable chip business [1] Group 1 - The adjusted operating expense target for 2025 is now set at $16.8 billion, a decrease from the previous target of $17 billion [1] - The reduction in operating expense is attributed to the deconsolidation of Intel's programmable chip business [1]

China on Monday said it firmly opposed the United States calling on the G7 and NATO countries to impose secondary tariffs over purchases of Russian oil, pledging to take measures to safeguard its righ... ...

Core Viewpoint - China is continuing its investigation into Nvidia due to preliminary findings indicating that the company has violated the country's anti-monopoly law [1] Group 1 - The investigation is being conducted by China's market regulator [1] - Preliminary findings suggest that Nvidia's actions may have breached anti-monopoly regulations [1]

Core Viewpoint - Offshore wind developer Orsted has announced a rights issue priced at 66.6 Danish crowns ($10.46) per share, which reflects a significant discount of 66.7% compared to its closing price on the previous Friday [1] Group 1 - The total amount raised through the rights issue is $9.42 billion [1] - The pricing of the rights issue indicates a strategic move by the company to attract investors despite the steep discount [1]

Swatch will hike its prices in the United States by between 5% and 15% after the 39% tariff President Donald Trump imposed on Switzerland last month, the Swiss watchmaker's Chief Executive Nick Hayek said in a newspaper interview. ...

Group 1 - The Finance Sector Union of Australia is filing a dispute with the Fair Work Commission regarding ANZ Group's plan to cut 3,500 jobs [1] - The union cites inadequate consultation with affected workers as a primary concern in their dispute [1]

Core Viewpoint - BYD has announced its commitment to actively respond to an industry initiative aimed at establishing rules for automakers to ensure timely payments to suppliers, aligning with government compliance efforts [1] Group 1 - BYD is joining other automakers in this initiative, indicating a collective industry effort to improve supplier payment practices [1] - The initiative is part of a broader government effort to regulate the automotive supply chain and enhance financial stability within the industry [1]

Core Viewpoint - Australian bank ANZ has agreed to pay a record A$240 million ($159.5 million) in fines due to systemic failures in various operations, including unethical practices in a government bond deal and improper charges [1] Group 1: Financial Penalties - The fine of A$240 million represents a significant financial penalty for ANZ, marking it as a record-breaking amount for the bank [1] - The total amount in US dollars is approximately $159.5 million, highlighting the scale of the financial repercussions faced by the bank [1] Group 2: Systemic Failures - ANZ's failures include acting "unconscionably" in a government bond deal, indicating serious ethical breaches in their operations [1] - The bank also faced issues related to charging customers improperly, which contributed to the systemic failures identified [1]

Core Viewpoint - Oil prices remained stable as investors evaluated the potential impact of Ukrainian drone attacks on Russian refineries, which could affect crude and fuel exports [1] Group 1: Market Impact - The drone attacks on Russian refineries have raised concerns about possible disruptions in crude and fuel exports from Russia [1] - Investors are closely monitoring U.S. fuel demand as part of their assessment of the oil market [1]