After turning down a takeover bid from competing steelmaker Cleveland-Cliffs Inc (CLF.N), United States Steel Corp (X.N) on Sunday formally reviewed its strategic options. U.S. Steel was valued at nearly

Indias Adani Group is currently, in talks with experts to secure 1,500 crore rupees ($181 million) for each of its divisions through local currency bonds. This effort is part of the conglomerate’s goal to raise a total of 100 billion rupees during this year.

Pyramid Technoplast, a company specializing in packaging plans to initiate its Initial Public Offering (IPO) between August 18 and 22 following the trend of public offerings this month.

While the market mostly ignored President Joe Biden’s decision to limit some US technology investments in China, US investors expressed concern that Beijing might retaliate or refrain from purchasing American technology.

Axis Bank, an institution based in India intends to increase its ownership, in Max Life insurance from 9.99% to 16.2% by making an investment of 16.12 billion rupees.

Chinese authorities lift bans on group tours to the United States, Japan, and other key markets

CapitaLand Investment Limited (CLI) is launching CapitaLand India Growth Fund 2 (CIGF2) an initiative, with a value of S$525 million. The focus of this fund is on acquiring high-quality Grade A business parks in cities across India

The nation’s first piece of law to protect personal data was adopted by the Parliament on Wednesday, a significant milestone. The bill is called the Digital Personal Data Protection Bill (DPDP). The bill has been designed to be adaptive to changing technical ideas, enabling the addition of new data concepts without calling for further modifications, according to Minister of Communications and Information Technology Ashwini Vaishnaw.

Disney+ Hotstar, a streaming platform, in India, faced a setback during the June quarter as it experienced a decline of 24% in its subscriber base. This translates to a loss of 12.5 million users. The platform has been witnessing declines mainly due to the loss of broadcasting rights for the Indian Premier League (IPL) and the conclusion of partnerships with HBO. In addition to that the rise of JioCinema, as a competitor and its introduction of content have further contributed to Hotstars decline.

Global stock markets experienced a downturn on Wednesday as investors awaited the release of crucial U.S. inflation data, while the dollar saw a slight decline following reports of deflation in the Chinese economy. The anticipation of the upcoming Consumer Price Index (CPI) report for June led to cautious trading on Wall Street, with concerns that the data could reveal a higher inflation rate despite recent dovish statements from Federal Reserve officials.

Avid Technology Inc (AVID.O), a developer of media editing software, will be acquired by private equity company Symphony Technology Group (STG) on Wednesday for approximately $1.4 billion, including debt.

Shares of WeWork (WE.N) were close to zero on Wednesday as the once-favorite startup warned it might file for bankruptcy, a remarkable turn of events for a business that was once valued at $47 billion in the private market.