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Tesla analysts eyeing electric vehicle slowdown turn more cautious on 2024

Some of the EVs made by Tesla may no longer qualify for government subsidies in the US and in some European countries in 2024, putting further pressure on the company's revenue

Donald Trump's 2024 win means loss of US democracy, warns Joe Biden

The Biden campaign has increasingly focused on Trump as the likely, if not certain, Republican nominee as it braces for a rematch of 2020

World's best and worst airports for 2023 offer plenty of surprises

This year's survey reflects data collected from Jan. 1 to Sept. 30, plus survey responses from more than 15,800 passengers.

Donald Trump ineligible to serve as US prez, says Colorado Supreme Court

Colorado's Supreme Court issued the ruling, barring Trump from the state's primary ballot, but stayed the decision to allow the former president to appeal, which his campaign said he plans to do

Red Sea chaos has shippers bracing for weeks without key trade route

So shippers are sending vessels the long way around Africa, adding $1 million in costs - and seven to 10 days - to each voyage. Oil prices are creeping higher

Can a US-led naval force protect ships, oil in Red Sea, Persian Gulf?

In recent weeks, the Houthis have conducted an escalating series of attacks against merchant shipping using drones, ballistic missiles and commandos on helicopters and speedboats

US says China curbed 'dangerous' military acts after Xi Biden meet

That development suggests relations between the world's two largest economies are improving after Biden and Xi met in San Francisco in November for the first time in a year

Amazon sellers worry over misleading AI product reviews impacting sales

Product reviews have been a central part of shopping on Amazon for almost three decades, providing word-of-mouth referrals that boost the confidence of those who otherwise might be hesitant

Blackstone to exit embassy office parks in biggest India block sale in FY24

Affiliates of Blackstone Inc. are seeking to exit India's Embassy Office Parks REIT in an $833 million deal that will be the country's biggest block trade this year

Alphabet reaches $700 mn deal in Google Play feud, to alter policies

The deal disclosed in a court filing late Monday calls for tweaks to Google Play policies designed to reduce barriers to competition in the markets for app distribution and payment processing

Hindenburg's Adani Group, Icahn calls mark year of prominent bets

The US firm kicked off 2023 with allegations of accounting fraud and stock manipulation against Indian billionaire Gautam Adani's conglomerate that led to a market value erosion of more than $150 bn

Govt lashes out at IMF for saying currency intervention excessive

As a result, the IMF reclassified India's foreign-exchange regime to a "stabilized arrangement" from a "floating" system, it said in its annual Article IV country report released on Monday

Share-sale frenzy in Indian market seen continuing in 2024, say bankers

Initial public offerings and follow on share sales in India this year exceeded Hong Kong for the first time in at least 30 years, according to data compiled by Bloomberg

Apple Inc loses one of its last remaining designers from Jony Ive era

The executive worked on hardware design for Apple's main products and helped craft the look of its headquarters and retail stores

Apple plans rescue for $17 bn watch business just days ahead of ban in US

Apple could settle with Masimo, though that's a route it typically prefers not to take. And the two companies don't appear to have engaged on that front

Software firm Ebix files bankruptcy after short-seller attacks, debt woes

Publicly traded Ebix is the parent of Indian fintech company EbixCash, which facilitates payments, foreign exchange and prepaid gift cards.

IBM to buy two software AG data platforms for $2.3 bn to strengthen AI

International Business Machines Corp. has agreed to buy data-integration platforms StreamSets and WebMethods from Software AG for €2.13 billion ($2.3 billion) in cash in an effort to strengthen its AI

Goldman Sachs ramps up credit business in India, targets rich diaspora

Goldman joins Wall Street lenders and private equity giants chasing opportunities in an economy that is forecast to grow 7% in the year ending March

Apple to stop selling its latest smartwatch in US due to patent dispute

Sales of the Apple Watch Series 9 and Ultra 2 will be halted on the company's online store on Dec. 21 and at its physical retail stores beginning on Christmas Eve, it said in a statement

British firm Arm lays off over 70 engineers in China, relocating roles

Arm Holdings Plc has recently laid off over 70 software engineers in China though it will relocate some of the roles outside of the Asian nation, according to people with knowledge of the move.