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Apple Inc faces new lawsuit in UK, accused of misleading iPhone customers

The suit alleges that Apple abused its dominant market position by informing customers that software updates from late 2016 improved the battery life of the devices when in fact, it throttled it

India proposes settling Russia trade in rupees as purchases rise: Report

New Delhi plans to use about $2 billion equivalent of rupees deposited at Russia's state-controlled VTB Bank PJSC and Sberbank of Russia PJSC

Revlon Inc files for bankruptcy amid high debt, supply chain pain

Revlon Inc. filed for Chapter 11 bankruptcy, unable to manage its heavy debt load amid the supply chain crunch and steep inflation

Supreme Court ruling on GST emboldens states against PM Modi's govt

Finance ministers from the opposition-led Kerala, West Bengal and Chhattisgarh have said they will raise the issue at a meeting of the GST Council this month

Internet Explorer shuts after 27 years, trouble builds for Japan businesses

Businesses across the country are now having to move swiftly to ensure they're still able to run operations that previously relied on apps built atop Microsoft's long-tenured browser

Five pressure points to watch in Asian markets after Fed's 75 bps hike

Asia traders are waking up to a relief rally across the Pacific after Federal Reserve Chair Jerome Powell promised the biggest rate hike since 1994 won't be the rule

US Fed's biggest rate hike since 1994, Wall Street sounds a recession call

The Fed hiked its policy rate by 75 basis points Wednesday to a range of 1.5% to 1.75%, as officials intensified their battle against inflation that's remained stubbornly high

Battered WTO on the verge of 'dead end' heading into final day of talks

India reiterated Commerce Minister Piyush Goyal's view that any WTO vaccine agreement must also waive IP rights for Covid-19 diagnostic tests and therapeutic drugs, according to the readout

Will Buffett-backed BYD beat Tesla to become largest EV manufacturer?

BYD has upped its game over the past two years with a range of EVs and higher-technology lithium iron phosphate batteries, allowing it to grab global market share

Apple's market valuation: Forget $3 trn, now even $2 trn looks shaky

After briefly surpassing $3 trillion in January, the iPhone maker has lost more than $800 billion in capitalization as tech stocks plunged

S. Korean pop band BTS triggers $1.7-bn stock rout on shift to solos

Hybe sank as much as 28% on Wednesday in Seoul, touching its lowest level on record since its trading debut in October 2020 and wiping out as much as $1.7 billion in market value

Edtech unicorn Upgrad doubles valuation with $225-mn funding round

India's UpGrad Education Pvt, founded by Ronnie Screwvala, increased its valuation to $2.25 billion in the round that included billionaire James Murdoch's Lupa Systems LLC

Elon Musk tweets he leans toward Ron DeSantis for President in 2024

DeSantis has staked out a claim as the GOP's heir apparent to Donald Trump, occasionally taking even more conservative positions than the former president

Amazon's new India chief pulled plug on cricket, not the country

Amazon pulled the plug before the IPL auction started and decided those billions would be better spent on Amazon's e-commerce business

Crypto update: Bitcoin's unrelenting selloff puts prices on verge of $20k

A market that started sliding late last year on expectations of tighter monetary policy is now showing signs of widespread panic

Disney Plus could lose 20 mn subscribers after ceding IPL streaming rights

About 50 million, more than one-third, of the worldwide subscribers come from Disney+ Hotstar, a product offered in India and other South Asian nations, and cricket has a been a big driver of that

Investors become increasingly sceptical of ESG amid Goldman investigation

Retail investors are slowly starting to look under the hood of the $40 trillion environmental, social and governance industry that's increasingly steering their savings

Some people are more decisive but do they make better decisions? Not really

It turns out that indecisive people don't make worse decisions. In fact, the art of making good choices is as much about how we make them

Amid Ukraine's invasion, Putin prepares to declare himself a conqueror

More than three months into the so-called "special military operation," the Kremlin has made no official announcement about how it sees the future of the territories it has grabbed

China's economy shows mixed recovery in May with consumers under strain

The recovery of China's industrial output was helped by a rebound in the car sector as auto production centers like Jilin and Shanghai reopened