Alibaba Group Holding Ltd. shareholders have approved upgrading its Hong Kong listing to primary status on Aug. 28, a move that is likely to attract billions of dollars in investment from mainland China.

Alibaba's primary Hong Kong listing amid economic turbulence & tech competition

Microsoft has restructured the way it reports results for its business units to include some search and news advertising revenue under the Azure cloud-computing unit—a move designed to put more focus on AI contributions at a time when investors have a growing appetite for AI.

Microsoft's revenue reshuffle signals AI ambitions amid investor pressure

Deutsche Bank said it has reached agreements for settlements with more than half the plaintiffs who accused the lender of having underpaid them in the acquisition of Postbank years ago.

Deutsche Bank edges toward resolution with settlements amid Postbank litigation saga

Buried deep in the minutes from the Federal Reserve's July 30-31 meeting, the central bank essentially declared victory in its battle against inflation. The Federal Open Market Committee — the Fed's rate-making body — is pleased with the falling inflation rates and easing tightness in the US jobs market.

Fed poised for rate cut as inflation victory nears

The Adani Group is considering selling up to 5 per cent of its stake in both Adani Power and Ambuja Cements, according to a recent report by CNBC Awaaz. This move aims to reduce the conglomerate's substantial debt and manage its leverage more effectively.

Adani Group plans to sell 5% stake in Adani Power and Ambuja Cements

German battery maker Varta announced in a statement that it had agreed to a restructuring agreement with its creditors, bringing in sports car manufacturer Porsche to save the business.

Porsche commits capital to Varta's restructuring effort

In a strategic move, the Adani Group has revealed that it has sufficient cash that would easily pay off over 30 months of its debt against key liquidity concerns.

Adani Group touts cash pile to soothe Hindenburg-fuelled concerns

Chinese electric vehicle giant BYD announced on Saturday that it would commence car production in Pakistan, where three of its models would also be sold in conjunction with Mega Motors.

China's BYD to establish car plant in Karachi, marking its entry into Pakistan

Singapore-based Antfin will offload a 1.54 per cent stake in the online food delivery platform Zomato. The deal is valued at around $408 million. This comes just after Zomato posted stellar quarterly earnings, with net profit surging 126.

Antfin Singapore to Sell $408 million stake in Zomato after strong earnings

Warren Buffett, widely regarded as the best investor of all time, also known as the 'Oracle of Omaha' and the CEO of Berkshire Hathaway, has yet again created investing history through his firm by amassing $234.

How Warren Buffett's $234.6 Billion Bet on T-Bills Outshines the Federal Reserve

The stablecoin market has seen significant growth recently, expanding by $2.21 billion in around a week between August 9 and August 18. Tether, the cryptocurrency stable coin, was at the core of this increase, contributing 1.

Stablecoin Market Surges $2.21 Billion in a Week as Tether, PYUSD lead the way

What appeared to be an exciting race for Paramount changed its course altogether as former Warner Music Group CEO Edgar Bronfman Jr. entered a $4.3 billion emerging bid to take over the media house.

Edgar Bronfman Jr. Challenges Skydance Bid for Paramount

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Zee News Rajasthan

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Hardik Bhardwaj

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