Adrian Kama

Brent oil spiked to $107 a barrel, before paring some gains, as rising tensions in the Middle East heightened concerns over global supplies.

Swish is raising fresh capital from Bertelsmann India Investments, adding a new institutional investor to its captable. The round comes just months after its last fundraise

Bengaluru-based space-tech startup Pixxel has raised $100 million in its Series C funding round co-led by Temasek and Seraphim Space.

Women’s wellness brand Nua has raised $50 million in its Series C funding round led by Peak XV Partners and Filter Capital, with participation from existing investors Mirabilis Investment Trust and Footpath Ventures.

Bengaluru-based workforce accommodation startup HerSpace Manufacturing has secured a fresh capital commitment of $40 million from existing investor Gray Matters Capital (GMC).

Nscale, a British AI infrastructure company founded just two years ago, has said it may go public as early as later this month. Ahead of that expected IPO, the company is reportedly in talks to raise an additional $3.5 billion.

Saudi Arabia announced new support for Yemen’s central bank on Thursday as part of efforts to promote economic stability in the country.

Chinese President Xi Jinping said Wednesday that his country was willing to work with countries in the Middle East to protect shipping, Beijing’s state media said, as the US-Iran war upends maritime logistics from the region

US President Donald Trump on Wednesday suggested renaming the Strait of Hormuz as “Trump Strait” despite the fact that the crucial waterway remains contested amid the war with Iran.

Andreessen Horowitz has launched a new “Machine Age” fund with $1.1 billion raised. The firm’s aim with the new fund is to “open the throttle and accelerate the physical buildout of AI.”

Instinct, a startup founded only last year and helmed by a 23-year-old, has managed to ride the wave of AI enthusiasm toward a gargantuan valuation over the course of the summer

Apple announced on Wednesday that its next launch event is taking place on September 9, with a “Surprise and Shine” tagline. The event is expected to be a notable one, as Apple is rumored to unveil its long-awaited foldable iPhone.