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OpenAI’s board of directors has formally rejected an offer from a group of investors led by Elon Musk to buy the nonprofit for $97.4 billion. Scarlet Fu reports on “Bloomberg The Close.” ...

Wherever there is overvaluation, you will continue to see a nervousness and clearly the broader end of the market is still quite expensive compared to largecaps or compared to even their own ...

The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy intervention in the foreign exchange market and kept speculators betting against ...