Business Standard

President Donald Trump says he has approved new fuel economy standards that roll back rules put in place during the Biden administration. The move relaxes emissions and efficiency requirements for automakers, a reversal of the previous administration's stricter climate-focused vehicle regulations. The announcement is being covered by major business outlets as a significant shift in US auto and environmental policy.

The European Union has updated its anti-greenwashing law, tightening rules on how companies make environmental claims about their products. The measures aim to stop vague or unverified sustainability labels, such as generic terms like 'eco-friendly' or 'climate neutral', unless backed by evidence. Businesses operating in the EU market will need to review their marketing, and consumer groups have broadly welcomed the stricter standards.

The International Organization for Standardization has adopted a new standard for managing commitments to the UN Sustainable Development Goals. The standard gives organisations a formal framework for setting, tracking and reporting their contributions to the SDGs. Sustainability and corporate responsibility observers are expected to scrutinise how companies and institutions implement it.

Medical marijuana businesses are bracing for major changes as the federal government moves to reschedule cannabis. The shift would alter how these companies are taxed, easing the current burden that bars standard business deductions, and could change day-to-day operations across the industry. Operators and analysts are watching closely to gauge how tax rules, banking access and compliance requirements will be affected.

A lawsuit has been filed against cannabis retailer Planet 13 over a data breach, drawing attention to how legal marijuana companies protect customer information. Because cannabis businesses operate heavily in cash and collect sensitive personal data under state licensing rules, the case is being read as a warning to the wider industry that weak data security practices could bring litigation and regulatory scrutiny.

India's residential real estate market has stalled, with housing sales in the first half of 2026 remaining flat at ₹3.6 lakh crore, according to Business Standard. The figures suggest the sector, after years of post-pandemic growth, has reached a plateau, raising questions among analysts about affordability, buyer demand and whether developers can sustain momentum in the second half of the year.

Bangladesh Bank has tightened rules on corporate ownership of banks, according to reporting by The Business Standard. The move is part of the central bank's ongoing effort to strengthen governance in the country's banking sector, where ownership concentration and connected lending have long been cited as sources of financial risk and weak oversight.

Apple is reportedly considering a return to the commercial server market as competition over accelerator interconnect technology intensifies among chipmakers. The move would mark a notable shift for a company that exited the server business years ago, and it comes as rivals race to define standards for linking AI accelerators in data centers. Details about timing, products or partners remain scarce, and Apple has not publicly commented on the reports.

French biopharmaceutical company Inventiva has published unaudited financial results for the first half of 2026, alongside a corporate update on its business. The company, known for developing treatments for metabolic diseases such as NASH, released the figures through standard financial news channels. Details on revenue, cash position and pipeline progress were included in the announcement.