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BusinessPhoto: Mint Companies

Ex-Brevan Howard Trader Sued by Former Colleague Over Profits

Robert Sicari, former portfolio manager at Brevan Howard Asset Management, is sued by Wooyoung Hong, a former quantitative researcher who joined Sicari's new fund, ThirtyPark Capital. Hong alleges Sicari withheld up to $3.5 million in promised trading profits from November 2024 to December 2025 and reneged on a 30% equity stake agreement. Sicari confirmed ThirtyPark is no longer operating and declined further comment.

Mint Companies··New York

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BusinessPhoto: ET Markets

BlackRock Launches Robotics ETF Amid Cooling AI Investor Enthusiasm

BlackRock has introduced a new robotics-focused ETF targeting companies that use intelligent machines in sectors like manufacturing and transportation. This launch comes as investor enthusiasm for AI investments becomes more selective. The fund adds to the growing market of ETFs centered on various aspects of the AI theme, reflecting a strategic expansion in BlackRock's AI investment offerings.

ET Markets·

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BusinessPhoto: Deccan Herald

Cyberattack on SBI Exposes Data of Nearly 4,000 Customers

State Bank of India (SBI), the country’s largest public sector bank, suffered a cyberattack leading to the leak of personally identifiable information of 3,897 customers on the dark web. SBI analyzed 375,000 records and confirmed exposure of mobile numbers, dates of birth, names, emails, addresses, and other customer data. The bank is conducting a detailed assessment and implementing remedial measures.

Deccan Herald··New Delhi

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BusinessPhoto: TOI World

Manhattan Townhouse with 41-Foot Pool Reduced to $10.45 Million

A 140-year-old Manhattan townhouse at 238 West 74th Street is now priced at $10.45 million after multiple reductions from $14.945 million. The 6,460-square-foot home features six bedrooms, six-and-a-half bathrooms, a 41-foot heated indoor pool, and lush outdoor spaces. Recent renovations blend modern amenities with historic charm, enhancing its classic appeal.

TOI World··New York

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PoliticsPhoto: NDTV World

JD Vance Expresses Disgust Over Republicans' Reaction to Vivek Ramaswamy's Ad

In Cincinnati, JD Vance expressed disgust with Republicans regarding the controversial 60-second ad by Vivek Ramaswamy. The vice president stated that whether the ad was appropriate was "not really my concern," emphasizing his focus on supporting Republican candidates in the upcoming midterm elections.

NDTV World··Cincinnati

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SciencePhoto: Deccan Herald

India's Reservoirs Face Sharp Water Level Decline Amid Rising Demand

India's 166 major reservoirs, with a combined capacity of 183.56 billion cubic metres, saw water levels drop from 87.83% in November 2025 to 26% by July 2026. Despite having 6,628 large dams, the third highest globally, water security remains precarious due to uneven rainfall and growing demands from human, agricultural, industrial, and hydroelectric sectors.

Deccan Herald·

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