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(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionManchester Is Giving London a Run for Its MoneyIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesGottheimer Calls for Rail Riders to Be Reimbursed

Feeding off impressive disinflation and a growing list of central bank interest rate cuts around the world, global stocks and bonds are rallying anew - with today's U.S. consumer price update set to clear the deck for Fed easing next month. Helped by a benign producer price readout and the VIX volatility gauge subsiding back below its 30-year mean, Wall Street indexes roared higher again on Tuesday and futures held the move ahead of the CPI report. As services inflation has irked the Federal Reserve for months, the latest development packs a punch - along with other elements of the PPI that feed the Fed-favored PCE gauge also behaving.

(Bloomberg) -- Tencent Holdings Ltd.’s revenue growth accelerated after the blockbuster summer release of Dungeon & Fighter Mobile helped lift China’s most valuable company out of a gaming trough.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionManchester Is Giving London a Run for Its MoneyIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesGottheimer Calls for Rail Riders to Be Reimbursed for

(Bloomberg) -- Hon Hai Precision Industry Co. will only start shipping a small volume of servers containing Nvidia Corp.’s next-generation chips in the fourth quarter, signaling the challenges the US AI accelerator designer faces in speeding up its innovation.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionManchester Is Giving London a Run for Its MoneyIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Fina

(Bloomberg) -- Apple Inc.’s main manufacturing partner Hon Hai Precision Industry Co. said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted by demand for servers powering AI applications.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionManchester Is Giving London a Run for Its MoneyIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial Wo

Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eastern war, which could curtail global oil supplies. Brent crude futures rose 30 cents to $80.99 a barrel by 0009 GMT. U.S. crude oil and gasoline inventories were expected to have fallen last week, while distillate stocks rose, according to market sources, citing American Petroleum Institute data on Tuesday.

(Bloomberg) -- Sea Ltd.’s shares rose their most since March 2023 after raising its online retail sales outlook, suggesting the Southeast Asia e-commerce leader is successfully countering hard-charging rivals TikTok and Lazada.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office Sp

Labeling and annotation platforms might not get the attention flashy new generative AI models do. The data on which many models train must be labeled, or the models wouldn't be able to interpret that data during the training process. To help ease the burden, Eric Landau and Ulrik Hansen founded Encord, which they describe as a "data development" platform for companies managing and preparing their data for AI models.

(Bloomberg) -- Paramount Global began laying off staff Tuesday after the entertainment company said last week it planned to slash 15% of its US-based workforce, amounting to roughly 2,000 positions.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail

ArborXR, a startup that helps companies remotely manage AR and VR devices, believed that enterprise customers would be the primary targets for AR and VR devices. Mercury Fund and Cortado Ventures led the new round, which included participation from Impact Venture Capital and Lewis & Clark Ventures. To date, ArborXR has raised over $25 million.