Wion Business Wrap | Sam Altman's dramatic comeback, Binance's troubles & more
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WION's Business Desk brings you this daily round up of global stories from the world of business and economy.
OpenAI confirms Sam Altman's return as CEO 'in principle' after days of boardroom battles
Following a recent boardroom upheaval that had OpenAI in chaos over the last few days, former CEO Sam Altman is set to return to his position in the company.
Baidu unfazed by US chip curbs, reveals chip stockpile amid Q3 revenue triumph
Chinese tech giant Baidu remains resistant to US chip export restrictions, revealing a substantial stockpile of artificial intelligence chips that will shield its business from immediate impacts.
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National Handloom Day 2026: From Alia Bhatt to Samantha Ruth Prabhu; Actresses who celebrated India's textile heritage as brides
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The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
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Unitree Robotics targets $9 billion valuation in landmark IPO backed by DeepSeek and Tencent
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India names 27 sites in Arunachal Pradesh
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Bharat Bhhagya Viddhaata OTT: When will Kangana Ranaut's film stream online?
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How many soldiers operate one S-400 battery?
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Shakib Al Hasan ready to return to Bangladesh—under one condition
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‘Fake news’: MEA rejects report claiming India sought defence pact with Israel after Pakistan, Saudi Arabia, Turkey deal
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Rockstar to unveil GTA 6 extended look ahead of November launch
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Russia forms Ukrainian Volunteer Spetsnaz Brigade to fight Ukraine
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Drug-resistant fungus that hides in hair and enters bloodstream reported in 23 US states
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Technology transfer deal boosts India's defence manufacturing ambitions
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Border row erupts in Europe after Ceuta crossings, Spain imposes border controls on Italy
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Morale plummets on USS Abraham Lincoln: Are US sailors reaching a breaking point? | GRAVITAS
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'Security can't be bought with Pakistan, Turkey deal': Iran tells Saudi Arabia
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Baba Vanga's 2026 prophecy: 2 predictions 'already came true', 3 terrifying ones remain. Details inside
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Colombia’s new president Abelardo de la Espriella vows to ‘defeat narco-terrorists’, signals hardline shift
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New Friday OTT releases (August 7, 2026): Operation Safed Sagar, Vadhandhi, Main Vaapis Aaunga- 6 movies and TV shows on Netflix, Prime Video and more
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Squadron Leader Bhawana Kanth scripts history as Indian Air Force gets its first woman ‘Top Gun’ pilot
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RSS says Gen Z protests reflect genuine distress
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Trump says Iranian school bombing photos could be AI-generated - 'I don’t think...'
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IAF officer held for sharing sensitive information in 'honey trap' case, booked under Official Secrets Act
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Stray Kids under scrutiny? Fans react to Grammy submission silence after BTS boycott
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Why the Su-30MKI doesn't need external fuel tanks to fly vast distances
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Jugal Hansraj reunites with Shekhar Kapur after 40 years for Masoom: The Next Generation
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New speed limits, automatic challans: Big traffic change coming to Delhi-Meerut Expressway. All you need to know
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India officially names 27 places in Arunachal to counter China's renaming claims
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Trump calls White House ballroom ruling a 'national disgrace' as court says Congress approval needed
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US sanctions Iran’s crypto network after Strait of Hormuz attacks, offers $15m bounty for intel on IRGC finance
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Why the Su-30MKI is one of the heaviest fighters ever built
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Uttarakhand young innovator builds India's own flying vehicle, conducts first test flight: WATCH
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Chilling video shows students take cover as teen opens fire at Thai school
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Reese Witherspoon's father hospitalised after poolside incident in Nashville: Report
Richard Teng is new Binance CEO amid regulatory changes
As part of a comprehensive deal to settle a US criminal investigation against ex-CEO Changpeng Zhao, Richard Teng assumed the role of CEO at Binance on Tuesday.
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Microsoft CTO offers matching compensation to OpenAI employees amid leadership issues
Microsoft's Chief Technology Officer (CTO) Kevin Scott has extended an olive branch to the disgruntled employees at OpenAI, agreeing to match their current compensation amid the upheaval following the sudden removal of CEO Sam Altman.
OpenAI, Microsoft face lawsuits over unauthorized use of authors' work in AI training
OpenAI and Microsoft are confronting a new legal challenge as they are being sued over allegations of misusing nonfiction authors' work to train artificial intelligence models, including OpenAI's popular chatbot ChatGPT.
Elon Musk to donate ad revenue from 'X' to Israeli hospitals, relief work in Gaza
Amid the ongoing Israel-Hamas conflict, 'X' owner Elon Musk has announced an initiative to contribute to the relief efforts. Musk declared on 'X' that he would donate all advertising revenue associated with the war in Gaza to hospitals in Israel and the Red Cross/Crescent in Gaza.
Argentina's black market peso plummets as libertarian Milei secures presidential win
Days after libertarian Javier Milei's triumph in Argentina's presidential election, the black-market peso tumbled by 12 per cent to 1,045 per dollar Tuesday.
Canada’s Fiscal Update: Higher deficits, slower debt reduction, and housing boost
Canada's deficit spending will surpass March forecasts and the reduction of debt will proceed at a slower pace, the mid-year fiscal update by finance ministry said on Tuesday.
China's state banks drive yuan rally amidst dollar weakness: Report
China's major state-owned banks have actively participated in the currency market, buying the yuan and accelerating its rebound against a weakening US dollar.