Today's Briefing Preview
Executive Summary
Global tensions escalated as President Trump postponed planned Iran attacks following Gulf state requests, while oil markets remained volatile with crude prices holding above $100. The DR Congo Ebola outbreak worsened with deaths rising to 131, prompting WHO's international emergency declaration. In a major legal victory for OpenAI, Elon Musk lost his high-profile lawsuit against Sam Altman after a jury ruled he filed too late. Indian markets showed resilience with Nifty gaining 0.34% despite fuel price hikes of 90 paise per litre for the second time in a week. The rupee weakened further to 96.38 against the dollar amid persistent Middle East tensions. Federal prosecutors dropped bribery charges against Indian magnate Gautam Adani, sending group stocks rallying up to 3%. Standard Chartered announced plans to cut over 7,800 jobs by 2030 as AI adoption accelerates across banking. In entertainment, Netflix acquired animated film "In Waves" from Cannes while Indian cinema continued its strong run with "Raja Shivaji" nearing the ₹100 crore milestone in Marathi cinema.