The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS

'I was almost trafficked in Paris,' says Australian woman, shares terrifying ordeal - 'I am on the black market'

Why did India turn down the US offer for F-35 fighter jets? EXPLAINED

India avoids higher US tariff, secures lower 10% rate. Here's how

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Meet top 5 bowlers in latest ICC ODI rankings 2026 - check who sits at the top

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‘India’s FCRA bill an attack on Christians, could hit bilateral ties,’ says US lawmaker

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WMO warns Super El Niño is set to become monstrous between Aug-Oct - This was 'only a warm-up act'

Munir-protege Mohsin Naqvi’s claim of unearthing huge scam triggers tremors in Pakistan’s power corridors

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What’s happening in Nepal? How did a local clash turn into communal violence? WION Decodes

Scientists find descendants of ancient sea creatures trapped under Antarctica's Blood Falls

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Who is Sujatha Vijayakumar? The producer defending daughter Aarti in Ravi Mohan divorce battle

Tamil Nadu leader Udhayanidhi Stalin draws severe backlash over derogatory remark against Trisha

'World's most beautiful village' with only 627 people generated Rs 58 lakh in traffic fines in 2025

New OTT releases this week (August 3-9, 2026): Main Vaapas Aaunga, Uyir, Operation Safed Sagar- 6 titles coming on Netflix, Prime Video and more

Did military GPS jamming cause a plane to crash in New Mexico? Here's what a report says

Ghajini villain Pradeep Rawat passes away at 74 after battle with cancer

China's real estate giant, Evergrande, and its founder, Hui Ka Yan, are ensnared in a $78 billion fraud scandal. According to reports, the allegations, accusing Evergrande of inflating revenues over two years, have prompted swift regulatory action, with the China Securities Regulatory Commission (CSRC), slapping Evergrande's mainland entity, Hengda Real Estate, with a record $583.

Evergrande’s Scandal: China's property giant accused of $78 bn fraud

The company also unveiled a major overhaul which it said would "impact" around 7,500 mainly office-based jobs worldwide and save 800 million euros ($870 million) over the next three years.

Ben & Jerry’s owner Unilever to spin off ice cream arm

While the upcoming elections dominate headlines, a quieter revolution is brewing in the financial markets. India's inclusion in key global bond indices, starting June 2024, has the potential to be a game-changer, not just for the nation's financial health but also for its political stability.

Indian bonds to reshape the global bonds market?

The Bank of Japan (BOJ) has terminated its 17-year-long policy of negative interest rates, marking a significant shift in the country's monetary strategy. This decision, unveiled after a two-day policy meeting, reflects the BOJ's confidence in Japan's evolving wage-price dynamics and its pursuit of sustainable economic growth.

Japan ends 17-year stint of negative interest rates as BOJ initiates historic rate hike

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Evergrande’s Scandal: China's property giant accused of $78 bn fraud China's real estate giant, Evergrande, and its founder, Hui Ka Yan, are ensnared in a $78 billion fraud scandal.

WION Business Wrap | Evergrande’s $78 bn fraud, Egypt’s economic resurgence, Nvidia’s B200 AI chip and more

In the wake of a funding drought gripping Europe's venture capital scene, start-ups are turning to intricate debt arrangements to secure vital capital. The allure of convertible debt, which morphs into equity over time, has seen a surge in adoption among companies seeking cash injections without risking unfavourable valuations.

European start-ups navigate complex debt deals amid funding downturn

Apple has defended its adherence to the European Union's Digital Markets Act (DMA), countering criticism that it hasn't taken sufficient steps to open up its closed ecosystem as mandated by the legislation.

Apple asserts compliance with EU's digital markets act amidst scrutiny

Following a seven-year hiatus, the European Union (EU) and the Philippines have announced the revival of their free trade negotiations, signalling a renewed effort to bolster economic ties between the two regions.

EU and Philippines rekindle free trade negotiations after seven-year hiatus

Over the weekend, Ethiopia’s biggest commercial bank witnessed a “systems glitch” which allowed customers to withdraw millions. The bank has since released a statement saying that there was no cyber attack and its security has not been compromised as it scrambles to recoup the large sums of money withdrawn.

Ethiopia bank glitch allows customers to withdraw millions. Here’s what happened

In response to a downturn in China's markets and as part of a global cost reduction initiative, fund manager Fidelity International (FIL) is reportedly planning to lay off approximately 20 employees from its main unit in China.

Fidelity International plans layoffs amid China market challenges

Internal Revenue Service (IRS) Commissioner Danny Werfel announced on Monday that the agency's intention to expand its workforce to over 100,000 employees within the next three years to achieve modernisation, service, and enforcement objectives.

IRS Commissioner outlines plans to boost workforce for modernisation goals

Tech giant Nvidia on Monday announced its plans to strengthen partnerships with Chinese automakers, including BYD, as they endeavour to develop self-driving vehicles and AI-infused infotainment systems to compete globally.

Nvidia expands collaborations with Chinese automakers

Taiwan's semiconductor giant, TSMC, is reportedly considering establishing advanced chip packaging capacity in Japan, marking a potentially significant move that could further energise Japan's semiconductor industry.

TSMC explores advanced chip packaging expansion in Japan

Australia's Reserve Bank is anticipated to maintain its interest rates at 4.35 per cent for the third consecutive meeting, according to economists, as the country's economy faces headwinds amidst rising unemployment and sluggish growth.

Australia likely to maintain interest rates amid economic slowdown: Report

A report released by the Confederation of Real Estate Developers' Association of India (CREDAI) unveiled promising forecasts for the Indian real estate sector, suggesting a remarkable growth trajectory in the coming decades.

Indian real estate sector poised to surge, projected to reach $1.3 tn by 2034

Reddit's highly anticipated initial public offering (IPO) is generating significant investor interest, with sources revealing that it is currently between four and five times oversubscribed.

Reddit's IPO oversubscribed, set to reach $6.5 billion valuation

India is experiencing an economic surge reminiscent of the golden era between 2003 and 2007, according to a report by Morgan Stanley economists. This revival is primarily fuelled by an uptick in investments, echoing the growth trajectory of nearly two decades ago when the nation witnessed an average growth rate exceeding 8 per cent.

India’s economic growth resembles 2003-07 boom: Morgan Stanley Report

India’s E-commerce giant Flipkart has seen a significant decline in its valuation over the past two years, according to equity transactions disclosed by its parent company, Walmart.

Flipkart's valuation drops by $5 bn in two years, Walmart's equity transactions reveal

Uber, has reached a landmark settlement agreement to pay A$271.8 million (US$178 million) to resolve a class-action lawsuit brought by Australian taxi operators and drivers on Monday.

Uber agrees to pay $178 million settlement to Australian taxi drivers: Report

The European Union (EU) has announced an aid package of €7.4 billion ($8.06 billion) for Egypt, aiming to strengthen the country's economy and enhance cooperation to address challenges surrounding migration.

EU unveils $8 bn aid package for Egypt amid looming concerns over migration

The founder of Infosys, NR Narayana Murthy, gifted his four-month-old grandson, Ekagrah Rohan Murthy, 15,00,000 shares of his tech company which are worth Rs 240 crore ($28.

Four-month-old millionaire? Narayana Murthy gifts grandson Infosys shares worth $28.9 million

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. EU unveils $8 bn aid package for Egypt amid looming concerns over migration The European Union (EU) has announced an aid package of €7.

WION Business Wrap | EU’s $8 bn package for Egypt, Uber to pay $178 mn to Australian taxi drivers and more

Sam Bankman-Fried should spend between 40 and 50 years in prison after being convicted for stealing $8 billion from customers of his now-bankrupt FTX cryptocurrency exchange, prosecutors said on Friday.

Sam Bankman-Fried deserves 40-50 years in prison for FTX fraud, prosecutors tell court

Industrial output in China surged by 7.0 per cent year-on-year during the January-February period, as revealed by data released on Monday. This growth rate marks an acceleration from the 6.

China's industrial output surges in early 2024, offers relief to policymakers

Swiss banking powerhouse UBS is eyeing potential merger and acquisition opportunities in the United States in the coming years, according to remarks made by its chairman to the NZZ newspaper on Sunday.

UBS eyes US expansion through wealth management M&A

Venture Global LNG, headquartered in Arlington, Virginia, announced its acquisition of nine liquefied natural gas (LNG) transport vessels on Sunday, signaling a significant expansion of its capabilities in selling and shipping its own cargoes.

Venture Global LNG expands fleet and navigates challenges in LNG market