BENGALURU, Aug 6 Reuters Indian mining group Vedanta39;s reported a biggerthanexpected firstquarter profit on Tuesday, reflecting higher prices of aluminium and zinc, its biggest two businesses. The conglomerate, led by billionaire Anil Agarwal, said its consolidated net profit surged 37 to 36.06 billion rupees around 430 million. Analysts on average were expecting a profit of 24.83 […]

BEIJING, Aug 6 Reuters ByteDance has expanded its offering of a software that can generate videos based on text prompts, joining a growing number of Chinese tech firms entering an emerging market also targeted by ChatGPT creator OpenAI. Since Microsoftbacked OpenAI unveiled in February its texttovideo model Sora, which is not open for public use yet, Chinese companies […]

Aug 6 Reuters Fox Corp topped Wall Street expectations for quarterly profit and reported a rise in revenue on Tuesday, helped by steady demand for its Tubi streaming service in the United States, sending its shares up nearly 5 in early trading. The company39;s revenue for the quarter was helped by a 5 rise in affiliate […]

LONDON, Aug 6 Reuters Canadian public pension fund OMERS and DWS Group reached a deal to acquire Grandi Stazioni Retail, the two investors said on Tuesday. The deal values Grandi Stazioni Retail, owned by Antin Infrastructure Partners, ICAMAP and Borletti Group, at between 1.2 and 1.3 billion euros, according to a person with knowledge of the […]