Category: Business News & Economy

Wolfe flags fiscal pressures facing Treasury ahead of borrowing outlook release

Moonshot had paused new subscriptions for its Kimi K3 model due to overwhelming demand.

Takeda Pharmaceutical’s new dengue vaccine Qdenga received approval in India. The vaccine is expected to launch commercially in early 2027. It will initially be available through the private market for individuals. Takeda plans to pursue government procurement and National Immunisation Programme inclusion. This move significantly broadens Takeda’s public health focus in India.

OpenAI, Anthropic hacking models breached companies during cybersecurity tests

As enterprise AI consumption soars, clients are shifting routine work to smaller models and reserving larger ones for complex tasks.

Restaurant chains experienced a significant recovery in the April-June quarter. Value growth and expansion into smaller cities drove this positive trend. Higher in-store traffic and improved daily sales contributed to the recovery. Chains are focusing on value meals and selective price adjustments. This marks a reversal after several quarters of declining sales and profits.

Warsh’s policy framework creates investor uncertainty, Citadel Securities says

Iran war whiplash; Palantir earnings ahead – what’s moving markets

India’s microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and lender caution grew. The sector’s portfolio shrank four percent to ₹3.26 lakh crore by June end. Business usually slows during this period, but rainfall added concerns. Lenders remain cautious about growing loans due to uncertain…

With the launch of Kimi K3 and Qwen 3.8, Chinese AI firms are gaining momentum. Alibaba’s Qwen comes with 2.4 trillion parameters and promises to go open weights soon