Covariant, an AI software developer for industrial robots, recently attracted buyout interest from Amazon.com Inc., according to people familiar with the matter.

Amazon eyes Covariant acquisition to centralise warehouse automation

Keppel Corporation of Singapore posted a sharp rise in first-half underlying profit, driven by the outstanding performance of its infrastructure and connectivity divisions.

Keppel's pivot to global asset management fuels profit

Bank of Japan Governor Kazuo Ueda has fully taken on the mantle of leading the normalisation of Japan's economy by ratcheting up efforts to move the central bank away from unconventional policy measures to more orthodox policy settings.

BOJ's Ueda charts bold course towards economic normalisation

The International Accounting Standards Board (IASB) on Wednesday proposed new guidance that would mandate companies to better capture the impact of climate change on financial performance.

International Accounting Board proposes enhanced climate change reporting guidelines to boost investor clarity

Microsoft Corp. said a distributed denial-of-service cyber attack caused an outage of its Azure cloud applications. The attack began early Tuesday, the company said in a status update, which was compounded by a mistake in Microsoft's automated protection mechanisms.

Azure outage: DDoS attack exposes vulnerabilities in Microsoft's cloud services

Garmin beats second-quarter revenue estimates on Wednesday and lifted its full-year forecast on the back of strong demand for new product launches and upgrades across both fitness and auto segments.

Garmin soars as strong product demand propels revenue surge

Norwegian Cruise Line Holdings raised its full-year profit outlook for the third time this year on Wednesday, buoyed by continued strong demand for sea vacations and an increase in itinerary prices.

Norwegian Cruise Line Holdings surges as profit forecasts sail higher

The troubled Chinese property developer Shimao Group stated on Wednesday that a Hong Kong court had adjourned the winding-up petition against the company to August 12, allowing the group more time to work with creditors on a new, revised restructuring proposal.

Shimao Group secures adjournment in liquidation hearing amid revised restructuring efforts

The United Nations has raised the alarm on the drastic population decline in China by the end of this century, predicting it could lose more than half of its population.

China's demographic time bomb: China faces 'largest absolute population loss', says UN

China's economic slowdown has ignited the demand for safe-haven assets like Gold. Purchase of gold bars and coins surged by 46 per cent in the first half of the year.

China's shifting trends with gold: Demand for bars and coins rise as jewellery shopping slumps

The Reserve Bank of India released its report on currency and finance for the year 2023-24. The theme of the report is 'India's digital revolution'. Key highlights The report notes that India is at the forefront of the digital revolution, with a vibrant fintech ecosystem and a conducive policy environment.

RBI's Report on Currency and Finance 2023-24: Key highlights and borrowing trends

G20 finance chiefs have pushed the discussions on Brazil's global billionaires tax plan to future summits. After a contentious debate this week in Rio de Janeiro, Group of twenty finance chiefs have pledged in a draft communiqué to keep discussing the proposal for a global wealth tax.

Brazil's controversial global billionaires' tax plan pushed

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Zee News Rajasthan

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