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Business

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OpenAI eyes $500 billion valuation in stock sale for employee cash-out
OpenAI eyes $500 billion valuation in stock sale for employee cash-out

SAN FRANCISCO, California: OpenAI is exploring a new stock sale that could allow employees to cash out while pushing the company's...

Teva’s Ajovy gets FDA nod to prevent migraines in kids over 6
Teva’s Ajovy gets FDA nod to prevent migraines in kids over 6

SILVER SPRING, Maryland: The U.S. Food and Drug Administration has approved Teva Pharmaceuticals' Ajovy for use in children, marking...

New California tabloid to echo NY Post amid LA Times struggles
New California tabloid to echo NY Post amid LA Times struggles

LOS ANGELES, California: Rupert Murdoch's media empire is taking its tabloid formula west, with a new newspaper set to debut in California...

Tech stocks lead renewed charge on Wall Street Wednesday
Tech stocks lead renewed charge on Wall Street Wednesday

NEW YORK, New York - U.S. stock markets managed decent gains on Wednesday, a day after recording hefty losses, a sign that volatility...

Elon Musk gets $29B Tesla stock award amid shareholder concerns
Elon Musk gets $29B Tesla stock award amid shareholder concerns

AUSTIN, Texas: Tesla has awarded Elon Musk a US$29 billion stock grant in an effort to retain its high-profile CEO and put to rest...

Oil purchases from Iran, Russia still divide US and Beijing
Oil purchases from Iran, Russia still divide US and Beijing

WASHINGTON, D.C.: U.S. and Chinese negotiators may be edging toward a broad trade agreement that could ease tensions between the world's...

Europe

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Ireland’s President wants urgent action after hostage video emerges
Ireland’s President wants urgent action after hostage video emerges

DUBLIN, Ireland: President Michael D. Higgins has issued a strong condemnation after the release of footage showing the emaciated bodies...

EBA: No EU banks breach capital rules in trade war stress test
EBA: No EU banks breach capital rules in trade war stress test

MILAN, Italy: European banks are well-positioned to absorb a significant economic downturn triggered by geopolitical conflict and a...

Armani hit with 3.5 million-euro fine over supply chain labor abuse
Armani hit with 3.5 million-euro fine over supply chain labor abuse

MILAN, Italy: Giorgio Armani is facing renewed scrutiny over labor conditions in its supply chain after Italy's antitrust authority...

End of an era as Ireland’s only private racecourse shuts down
End of an era as Ireland’s only private racecourse shuts down

DUBLIN, Ireland: Ireland's only privately-owned Thurles Racecourse announced on August 1 that it would cease operations immediately,...

Science, culture bring Netherlands, China closer, says Dutch academic
Science, culture bring Netherlands, China closer, says Dutch academic

Meijerink said collaboration, particularly in areas like green technology, is a shared priority. Green technology is something where...

"This will cause losses to our economy and industrialists": Azad Samaj Party chief on additional 25 per cent tariff by US
"This will cause losses to our economy and industrialists": Azad Samaj Party chief on additional 25 per cent tariff by US

New Delhi [India], August 7 (ANI): Azad Samaj Party President and MP Chandrashekhar Azad on Thursday said that the country's economy...