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Business news, corporate updates, startups, mergers, layoffs, and economic developments.

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Business11h ago

Venezuela vowed not to ‘hand over’ its oil. Trump aims to grab a windfall.

Venezuela vowed not to ‘hand over’ its oil. Trump aims to grab a windfall. The Washington Post What we know about Trump’s deal giving US access to vast oil reserves in Venezuela AP News Exclusive | Inside Trump’s Plan to Give the Pentagon a Stake in Venezuela’s Oil Riches WSJ Trump Says Venezuelan Oil Will Refill U.S. Stockpiles, but It’s Not So Simple The New York Times US to take 35% stake in Venezuelan mogul Betancourt's oil venture, WSJ reports Reuters

GGoogle News
Business11h ago

Unsealed court documents reveal State Farm saved $1.4 billion as weather, roof claims worsened

Unsealed court documents reveal State Farm saved $1.4 billion as weather, roof claims worsened NBC News State Farm made $1.4 billion cheating Oklahoma homeowners on roof claims, unsealed documents allege Yahoo Finance State Farm Is Embroiled in Scandal—and Things Just Got Worse The Nation State Farm secret documents revealed after judge lifts protective order KFOR Cracking Down on Big Insurance in ... Oklahoma? The American Prospect

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Business11h ago

New GM deal sees return of next-gen HD trucks to Oshawa, promise not to sell idled CAMI plant

New GM deal sees return of next-gen HD trucks to Oshawa, promise not to sell idled CAMI plant CityNews Toronto GM plans Ontario pickup production in deal that would pump $1.1-billion into Canada’s auto sector The Globe and Mail GM union deal would invest C$1.1 bln in Canada auto factories amid US tariff pressure Reuters CAMI plant to remain open, hope for potential armoured vehicle production CTV News GM gives Oshawa plant Sierra HD pickup, CAMI gets a lifeline in Unifor deal Automotive News

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Business11h ago

The war adds to Turkey’s slowdown pains - The Economist

The war adds to Turkey’s slowdown pains The Economist Türkiye's economy set for data-heavy September, new road map Daily Sabah Turkey Economy Quickens in Second Quarter Despite War Pressures Bloomberg.com Turkey’s 2Q GDP growth restrained by softer domestic demand ING Think Türkiye’s economy grows 2.3% in 2nd quarter Anadolu Ajansı

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Business11h ago

HDFC Bank’s next CEO faces growth and margin test

HDFC Bank is searching for a new chief executive officer. The bank faces challenges in integrating its merger and reviving retail lending. Its stock has declined significantly this year, impacting investor confidence. The new leader must improve loan growth and core profitability. Kaizad Bharucha is a leading internal candidate for the role.

TThe Economic Times
Business11h ago

Park Medi World to expand hospital network across north India, add 1,450 beds by FY28

Park Medi World plans to add 1,450 beds by FY28, expanding its northern India network. The hospital chain focuses on Tier 1, 2, and 3 cities for efficient scaling. Acquisitions will target hospitals with 200-250 beds, expandable to 350. The company reported record net profit and revenue in FY26. Park Medi World is also adopting cleaner energy systems across its facilities.

TThe Economic Times
Business11h ago

Modi, Putin to Visit Delhi Industrial Trade Fair Ahead of BRICS Summit

The first India-Russia International Industrial Trade Fair, INNOPROM.India, will be held in New Delhi from September 9-11. Prime Minister Narendra Modi and Russian President Vladimir Putin are expected to attend the significant exposition. This event aims to foster direct business engagement and technology partnerships between the two nations. Russian exhibitors will showcase advanced mechanical engineering and digital technologies.

TThe Economic Times

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