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TikTok and Tesla show that US-China battle over data is just beginning

The US now appears to be moving away from an open internet with unrestricted data flows and towards selected fragmentation based on national security concerns

Tesla wins data security clearance after Musk's surprise visit to China

The data security tests included how a vehicle collects "sensitive personal information" and whether a driver can easily stop a car from collecting data

Amid Houthi attacks, Red Sea diversions spew emissions equal to 9 mn cars

The additional fuel burned has led to approximately an extra 13.6 million tons of CO2 emissions over the past four months - equivalent to the pollution of about 9 million cars

Motilal Oswal AMC's CIO bets on telecom stocks in tariff hike optimism

The likely tariff increase will help inject new life into a sector that has grappled with cut-throat competition and aggressive policy actions in recent years, said Niket Shah

Will Fed cut rates? What 60,000 headlines say about its next moves

Bloomberg Economics' Fed sentiment index - powered by a natural language processing algorithm based on more than 60,000 Fed headlines - shows that in December, Powell delivered a major pivot.

Azim Premji's family office to invest more money in AI to prop $10 bn fund

PremjiInvest, the largest Indian family office that manages over $10 billion for software tycoon Azim Premji, will invest more money into AI companies while fine-tuning its AI investment tools

RBI's tight grip on Rupee boosts its allure for carry trades: Fidelity

The rupee rewards investors with a high yield than regional peers, and together with low volatility, makes it arguably one of the most attractive currencies on the planet, Paul Greer said in interview

Capital cover drive: India's $100 billion knock evens score with China

Its capitalisation leapfrog surpasses South Korea and Taiwan, establishing dominance in EM pitch

Jerome Powell likely to keep borrowing rates higher-for-longer time

In the euro zone, data may show that the slowdown in inflation stalled in April for the first time this year

Russia, Ukraine exchange fire, strike each others' refinery and gas targets

Russia reported a Ukrainian drone attack on the Slavyansk oil refinery in the Krasnodar region, the first such strike since early this month

Hamas looking into latest ceasefire counterproposal from Israel army

Earlier this week, the US and 17 other nations pressed Hamas to release their citizens who are missing or held hostage in Gaza, in a bid to revive cease-fire talks

Why wealthiest Gulf powers like UAE are snapping up prime property in Egypt

In the short term, the UAE's goal was to shore up the economy of a country seen as too big to fail

TikTok's US-based general counsel Erich Andersen to step down from role

Erich Andersen, the US-based general counsel for TikTok and its Chinese parent company ByteDance Ltd, is stepping down from that role, the social media app said

Lok Sabha elections 2024: Some of the most keenly watched contests

The once-in-five-year festival of democracy in the world's most populous nation has actors, sport stars and millionaires battling it out alongside the career politicians

Huawei's new mobile carries latest version of advanced made-in-China chip

Huawei has enjoyed a resurgence since Mate's August debut, riding a wave of celebration around its ability to realize sophisticated semiconductor manufacturing despite escalating US tech export curbs

Harvard, Columbia say no to students demanding to sell Israel investments

"We're willing to risk suspension, expulsion and arrest, and I think that that will put pressure," said Malak Afaneh, a law student at University of California, Berkeley, and a protest organizer

Donald Petersen, CEO who pulled Ford out of 1980s crisis, dies at 97

Under Petersen, Ford's ad slogan became 'Quality is Job One'

Trump advisers discuss penalties for nations that move away from dollar

As president, Trump weighed forcibly weakening the dollar to support the domestic manufacturing sector

Elon Musk escalates OpenAI fight with subpoena of ex-board member Toner

The subpoena, which was signed on Tuesday, demanded that Toner hand over information by May 21, 2024

Alphabet Inc beats revenue estimates as AI fuels cloud growth in Q1

The company also said it would pay a dividend of 20 cents a share, its first ever, and repurchase an additional $70 billion in stock. The shares jumped 13 per cent in extended trading