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The Latest Breaking News from the Economic Times

OpenAI IPO coming soon? ChatGPT-maker likely to confidentially file draft papers for world’s biggest-ever IPO tomorrow

Sam Altman-led OpenAI is reportedly preparing to confidentially file draft papers for its IPO as early as Friday, according to CNBC, in what could become one of the biggest public listings ever. The ChatGPT-maker, valued at over $850 billion by private investors, is said to be working with Goldman Sachs…

The Economic Times

No broadcaster for World Cup? What FIFA’s India standoff could really cost

As FIFA gears up for the 2026 World Cup, it encounters a broadcasting conundrum in India. Following a surge in online viewership during the 2022 tournament, local broadcasters are cautious about FIFA's steep pricing demands.

The Economic Times

Zydus Lifesciences shares jump 6% on buyback buzz; co announces $166 mn Assertio acquisition

Zydus Lifesciences shares witnessed a spike on Thursday after the company said its board will meet on May 19 to consider a share buyback. The stock also gained momentum as Zydus announced a $166 million acquisition of US-based Assertio. Investor sentiment improved on expectations of capital return and strategic business…

The Economic Times

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ET Alpha Wealth Summit: Market titans decode AI, wealth creation & India’s next investment cycle

As markets grow volatile, the Economic Times' Alpha Wealth Summit in Mumbai will gather experts to discuss future wealth creation. Sessions will cover finding alpha, building a Rs 100 crore portfolio in a lower-return environment, and navigating India's next decade amidst AI's rise.

The Economic Times

Adani Enterprises shares jump 5% after nearly 60 lakh shares worth Rs 1,435 crore change hands in block deal

Adani Enterprises shares surged over 5% following a substantial block deal worth Rs 1,435 crore. Despite a Q4 net loss, revenue climbed 20%, driven by infrastructure and utility segments contributing 80% of EBITDA. The company highlighted a stable, infrastructure-led business model poised for sustained cash generation and value creation.

The Economic Times

Missiles over Dubai rattle the Gulf’s billion-dollar money machine

The Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO markets are slowing, with billions in transactions stalled. Even Dubai's property sector and major projects face delays and rising costs, forcing a reassessment of risk premiums.

The Economic Times

Inside the jury shaping the One Of A Kind Startup Awards

The One of a Kind Startup Awards 2026, presented by The Economic Times and Cashfree Payments, is seeking India's most promising internet-first startups. A distinguished jury of investors, a unicorn founder, and a policymaker will evaluate entries, bringing a wealth of experience in building and scaling category-defining companies.

The Economic Times

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Bhabanipur Shock: How Mamata Lost to Suvendu Adhikari

Bhabanipur was supposed to be the seat of reassurance. For Mamata Banerjee, it was not merely another constituency in Kolkata but the political ground that had restored her authority after the 2021 Nandigram defeat. In the 2021 bypoll, she had won here by a commanding margin of more than 58,000…

MyLifeXP

Lenskart Faces Backlash Over ‘Hijab Allowed, Bindi Banned’ Row, Peyush Bansal Responds

The screenshot triggered backlash online, with critics accusing the company of applying unequal standards to religious and cultural expression in the workplace. The issue gained traction after social media users, including public commentators, shared the page and questioned whether the rules discriminated against Hindu symbols while making exceptions for other…

Times Life

Iran gives safe passage to India through Strait of Hormuz? ‘Sources’ jump the gun again

Here we are again. Another day, another cycle of ‘sources’ making the fog of war foggier. This time, the chatter centres on claims that Iran will grant safe passage to India-flagged tankers through the Strait of Hormuz.

Newslaundry

Is Your Banking Job Safe? Morgan Stanley Warns AI Could Wipe Out 200,000 European Roles by 2030

Morgan Stanley forecasts that over 200,000 European banking jobs could vanish by 2030 as AI reshapes the sector. Back-office and compliance roles face the sharpest cuts.

International Business Times UK

SEBI accuses Pranav Adani, relatives of insider trading in Adani Group’s open offer for NDTV: Report

The Securities and Exchange Board of India has alleged that Pranav Adani, the nephew of billionaire Gautam Adani and a senior executive on the boards of multiple Adani Group companies, had “shared price sensitive information about Adani Group’s open offer to acquire shares of NDTV with his brothers-in-law, violating insider…

Newslaundry

Snow Chaos Triggers Mass School Shutdowns – Hundreds of Districts Force 'Snow Days' as Winter Storm Batters US Heartland

A fast-moving winter storm dumped up to 12 inches of snow across the Midwest, forcing mass school closures in Missouri, Iowa and Michigan as the Northeast braces for a Nor'easter.

International Business Times UK

Candace Owens Reveals 'Suspicious' White Car Trailed Charlie Kirk Suspect In Video

Candace Owens claims a 'suspicious' white car was trailing the Charlie Kirk shooting suspect, reigniting conspiracy debates as investigators continue to insist the gunman acted alone.

International Business Times UK

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International Business Times UK

Deepfake Storm: The AI Meme Tsunami Using Kirk's Couple's Face to Undermine Politics

AI-generated deepfakes targeting Erika Kirk are fuelling political misinformation and online harassment after the assassination of Charlie Kirk, raising fresh concerns about digital manipulation ahead of the 2025–26 political cycle.

International Business Times UK

Tears or Tactics? Erika Kirk's 'Tear Solution' Video and the Performance of Political Grief

A viral video allegedly showing Erika Kirk applying a tear-inducing solution before a Turning Point USA memorial speech has ignited debate over authenticity, grief, and performance in politics.

International Business Times UK

Alien Invasion Imminent? 3I/ATLAS Shows 'Engine Driven Propulsion System' Signs

Astronomers have spotted 3I/ATLAS, a mysterious interstellar object showing possible engine-like propulsion signs. Experts urge caution amid alien speculation.

International Business Times UK

Erika Kirk Calls Out Double Standard in Charlie's Murder Trial: 'Let Everyone See What True Evil Is'

Erika Kirk demands cameras in court during her husband Charlie Kirk's murder trial, accusing the justice system of a "double standard" and urging transparency: 'Let everyone see what true evil is.'

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International Business Times UK

Senate Rebels Against Trump: Lawmakers Vote to Strip President of Power to Slap Tariffs on Foreign Goods

In a rare bipartisan move, the US Senate voted to revoke Donald Trump's emergency tariff powers, signalling renewed congressional pushback against unilateral trade policy.

International Business Times UK

Kelly Pickler Faces Horror Twist: Suspect In NC Shooting Once Sued Her

Country singer Kellie Pickler has been unexpectedly linked to the Southport, North Carolina, mass shooting after it emerged the suspect once sued her over a bizarre poisoning claim.

International Business Times UK

Piotr Szczerek Statement On Viral US Open 'Grabbing' Incident A Hoax? Here's What We Know

Polish CEO Piotr Szczerek's alleged defiant response, Drogbruk review crash, and fact-checks on the hoax claims. Real facts from the court to online fury

Benzinga

From Euphoria to Entrepreneurship: Sydney Sweeney's Lingerie Brand Gets Bezos Boost

Sydney Sweeney is preparing to debut a lingerie brand reportedly backed by Amazon (NASDAQ:AMZN) founder investor Jeff Bezos and his wife, Lauren Sánchez. The Emmy-nominated actress, best known for her roles in HBO's “Euphoria” and “The White Lotus,” has spent the last year building what insiders describe as a personal…

International Business Times UK

Jaguar Sales Decline By A Whopping 97% In Europe After 'Woke' Ad Allegedly Drives Loyal Buyers Away

Jaguar's European sales tanked to just 49 cars in April 2025 after a divisive rebrand and EV pivot. Can the iconic brand recover, or is it game over?

Android Central

Google could be moving Pixel manufacturing to India to avoid high tariffs

The U.S. government is trying levy tariffs on select foreign imports, and the uncertain situation is sending the manufacturing world into a panic.

International Business Times UK

Why Is Bank of America Cancelling Accounts: Everything You Need To Know

Bank of America is closing inactive accounts and transferring funds to state custody under escheatment laws—here's how to protect yours.

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