• Glencore books US$480 million provision covering entire Radiant World exposure: sources

    Several major commodity traders have moved to cut ties with Radiant World amid concerns it provided falsified documents to banksPublished Sun, Aug 30, 2026 · 08:57 AMGLENCORE took a provision of about US$480 million on its exposure to Radiant World, the iron ore trader that is under pressure amid concerns it provided falsified documents to banks, according to people familiar with the matter. The provision effectively covers Glencore’s entire outstanding net exposure to Radiant World, the people said, asking not to be identified discussing private information.Radiant World owes Glencore a total of US$951 million, while Glencore owes Radiant World US$471 million,…

  • India Forex Reserves Hit Record $729.3 Billion

    India’s foreign exchange reserves reached a record $729.328 billion in the week ended Aug. 21, rising $12.422 billion from the previous week, according to data released by the Reserve Bank…

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Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

  • OpenAI Puts New AI Model Under Tighter Controls As Its Cyber Capabilities Soar

    OpenAI has halted some internal activities involving an unreleased artificial intelligence model after preliminary testing raised concerns that the system may be capable of carrying out sophisticated cyberattacks autonomously. The announcement comes as the AI industry faces growing scrutiny over whether increasingly powerful models are developing cybersecurity capabilities faster than…

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  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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