Sebi aims to relax offshore fund investor-disclosure rules as appeals grow: Report

India’s market regulator is set to simplify disclosure requirements for offshore funds to entice more long-term foreign investment. The proposed adjustments include extending the disclosure timelines for fresh investors and increasing the thresholds for reporting specific investor information. These initiatives emerged in response to legal challenges and complaints from investors, seeking to create a more…

Global Market: European shares edge higher as earnings offset Middle East concerns; Lufthansa, Zalando slide

European shares saw modest gains as investors reviewed corporate earnings reports. Energy stocks edged higher while oil prices rebounded from recent declines. Travel and leisure shares slipped as higher fuel costs posed concerns. Lufthansa and Zalando shares fell significantly after their earnings updates. Bayer shares rose after reporting a surprise profit increase.

What bubble? Amazon enters $3 trillion market cap club, CEO highlights striking AI demand

Amazon shares reached a new high, briefly surpassing $3 trillion in market value. This surge followed a strong earnings report and increased investor confidence in artificial intelligence. The company’s cloud services showed significant growth, exceeding expectations and boosting its valuation. Amazon anticipates substantial capital expenditures to meet future artificial intelligence demand. Other tech giants like…