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Surprise corporate actions by Indian tech darlings spur investor scrutiny

Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare

Japan calls China unprecedented strategic challenge in new security policy

The new strategy, expected to get the green light from Prime Minister Fumio Kishida's cabinet Friday, also lays out plans for Japan to obtain longer-range missiles

Chinese envoy blames 'foreign forces' for protests against Covid Zero

China started dismantling its zero-tolerance approach to eliminating Covid-19 last week. It no longer sends infected people to quarantine camps, and eased travel requirements

Boeing closes in on large 737 Max order from Tata group's Air India

The final deal between Air India and Boeing is expected to include 40 to 50 Max aircraft that were built for Chinese carriers but never delivered due to an extended grounding of the US jet

Chinese oil demand faces bumpy road to recovery as Covid curbs ease

Chinese Oil demand is expected to pick up as the world's largest crude importer pivots away from its strict Covid Zero policy

US steelmakers flag recession concerns, energy costs could impact demand

Benchmark steel prices are down more than 50% this year as surging inflation has crimped appetite for longer-term projects

Modi govt is sounding friendlier toward free trade for some nations

In recent months, senior Indian officials have insisted that their nation intends to integrate further with the global economy

Wall Street's $43-trn stock trading to see major overhaul in over a decade

The regulator wants to reduce the rebates that exchanges can offer brokers in their own bid to pull more trades onto those platforms

Ukraine launches largest attack on Donetsk in years, says report

On Wednesday, Kremlin spokesman Dmitry Peskov had said a Christmas ceasefire was "not on the agenda"

China's economy braces for turmoil as Covid curbs ease, infections surge

The government's abrupt abandonment of its long-held Covid Zero strategy has made the outlook for the economy very uncertain as factories brace for disruption and labor shortages rise

IPO pipeline in India seen active in 2023 on smaller deals, shows data

Only 2 companies raised more than $500 mn via public offers in 2022

Bezos and Gates back Synchron in drive for brain implant breakthrough

Synchron's Switch device aims to help paralyzed people, such as those with amyotrophic lateral sclerosis (ALS), communicate by controlling computer cursors with their minds

Foxconn eases most of its anti-Covid restrictions at Zhengzhou factory

Foxconn - whose formal name is Hon Hai Precision Industry Co. said it is now ending its "point-to-point" system, in which it required employees to restrict their daily movements

China's Covid toll could near 1 mn as govt rapidly abandons curbs: Study

According to the new report, explosive growth of infection rates nationwide could also lead to new variant

Qatar's $300 bn Fifa World Cup 2022 headed for an epic culmination

The inevitable question is whether the extravaganza was all worth it - even for a host with a seemingly bottomless pit of money

Twitter must tell fired workers about severance lawsuit, says US judge

Filed by a handful of workers, the suit alleges Twitter failed to give the required 60 to 90 days notice about the mass layoffs and is shortchanging the former employees on severance pay

China's factories lose momentum amid tsunami of Covid cases as curbs ease

Outbreaks have the potential to cripple production or tear through employee rosters, threatening the global supply of everything from cars and golf carts to kitchen appliances and, of course, iPhones

New York risks losing wealthiest residents over high taxes: Official

An analysis by New York City's Independent Budget Office released this week showed that the number of city taxpayers who earned between $1 million and $5 million declined 11% in 2020

US Senate votes to ban TikTok app on govt-owned phones amid data concerns

The Biden administration has been attempting to forge an agreement with TikTok that would allow the video-sharing site to keep operating in the US by enacting additional safeguards on how US user data

Tech giants doing too little on abuse content, says Australian govt report

Apple and Microsoft don't pro-actively detect child abuse material stored on their iCloud and OneDrive services, despite the wide availability of identifying technology, the report found