Netflix announces its biggest layoffs to date, to fire 6% employees. Read the full letter of co-CEOs to staff

Why Saudi Arabia may keep Israel out of its fight against Yemen’s Houthis despite escalating missile attacks, rising security threats

Saudi Arabia's Crown Prince Mohammed bin Salman has declined Israeli Prime Minister Benjamin Netanyahu's request for military cooperation against the Houthis. This opposition stems from concerns about public reaction to collaboration with Israel. Recent Houthi attacks highlight the immediate security threat to Saudi infrastructure and civilians. Saudi Arabia maintains its stance that normalization with Israel requires progress on Palestinian statehood.

Can AI and 5G make highways safer? ARTPARK’s Sheela Prabhakar explains

Kumar Mangalam Birla plans $30 billion push undeterred by crises

Kumar Mangalam Birla announced plans to invest $30 billion over the next two to three years. This investment will target businesses both in India and internationally, reflecting the group's global operations. The Aditya Birla Group will allocate $5 billion for a new aluminum recycling plant in Alabama. Birla acknowledged that geopolitical issues complicate investment decisions and have changed strategies.

Why India Needs Smart Home Devices Built for Indian Homes: Qubo CEO

Diwali offer for RIL shareholders! Reliance Jio sets aside Rs 2,500 crore shares in IPO reservation

Reliance Jio has reserved up to Rs 2,500 crore worth of shares for eligible Reliance Industries shareholders in its upcoming IPO. The quota offers RIL investors a direct route to apply for Jio Platforms shares. The IPO opens on October 21, with anchor investor bidding starting October 19.

Lufthansa to buy 44.9 per cent of TAP Air Portugal in euros 1.2 billion deal

The German airline outbid Air France-KLM, the only other company in the race, Portuguese Prime Minister Luis Montenegro said. The government set aside 5 per cent of the company for its more than 9,000 employees to buy shares, with the government remaining the main shareholder.

US stocks: US market opens lower after hot CPI data fuels rate-hike bets

Wall Street's major indices took a hit as an inflation report outpaced forecasts, sparking heightened speculation about rate increases. Investors are closely reviewing earnings from key banks, highlighting concerns over escalating inflation. The notable market fluctuations suggest a likelihood of rising interest rates as the economy continues to be assessed.

Container ship sinks near Hormuz after being hit by projectile, sources say

The Singapore-flagged GFS Pride container ship, with a small 2,824 TEU (20-ft equivalent unit) capacity, had sunk, the sources said. The vessel's United Arab Emirates-based manager GFS Ship Management FZE could not be immediately reached for comment.

'This means the world to us!': Trump delivers dramatic onstage pardon to two Alaska truckers

‘He left his trail’: Trump reveals grandfather’s ‘rough’ reputation in heartfelt Alaska moment

India, Russia hold seventh round of talks on Pakistan and Afghanistan

India and Russia conducted the seventh round of talks on Pakistan and Afghanistan in New Delhi. The meeting was co-chaired by Pavan Kapoor and Aleksandr Venediktov, focusing on international security. Both sides reaffirmed their commitment to enhance cooperation under the strategic partnership. Furthermore, Venediktov met with National Security Adviser Ajit Doval during his visit. The discussions aimed to address shared interests and strengthen ongoing relations between the nations.

India, Russia hold seventh round of talks on Pakistan and Afghanistan

India and Russia conducted the seventh round of talks on Pakistan and Afghanistan in New Delhi. The meeting was co-chaired by Pavan Kapoor and Aleksandr Venediktov, focusing on international security. Both sides reaffirmed their commitment to enhance cooperation under the strategic partnership. Furthermore, Venediktov met with National Security Adviser Ajit Doval during his visit. The discussions aimed to address shared interests and strengthen ongoing relations between the nations.