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Two passengers killed as Tesla car with 'no one' driving crashes in Texas

One victim was found in the front passenger seat of a 2019 Model S and the other was in the rear.

HSBC top staff to hot desk at London HQ as bank scraps executive floor

CEO Noel Quinn and other senior managers have been kicked out of their offices on the 42nd-floor.

Why use muscle? Let a bot be the debt collector and never lose a customer

Like in most emerging markets, these last-mile hurdles pose a frustratingly complex challenge to India's creditors. They also increase the overall risk premium for rural advances

Saudi Arabia's latest economic plan comes with big risks, can hit finances

The idea is that their expenditure on new infrastructure and technology will be big enough to accelerate the country's growth and cause a jobs boom

Citigroup plans to apply for stock, futures trading in China: Report

Khullar said India is a strategic talent pool for Citi and it will continue to grow the five 'Citi Solution Centers'

Raging Covid-19 pandemic isn't going to free up middle seats on planes

The risk of catching the virus onboard drops by 57% when middle seats are left unoccupied on planes, according to a recent study

Ant Group denies report it's exploring ways for Jack Ma to sell stake

The company hoped that Ma's stake would be sold to existing shareholders in Ant or its e-commerce partner Alibaba Group Holding Ltd., Reuters said

Covid-19 will leave deep scars in world economy even after recovery

Legacies of stunted education, destruction of jobs, war-era levels of debt and widening inequalities will cost poorest nations most.

Nordic region, Bitcoin's green haven, is running out of surplus electricity

Clean Nordic power available for Nordic mining set to dwindle; electricity needed to mine Bitcoin surged 66-fold since 2015

India has a double mutant Coronavirus variant. Should we be worried?

The new variant, which has a so-called double mutation, is thought to be fueling India's deadlier new wave of infections that has made it the world's second worst-hit country, surpassing Brazil

Morgan Stanley burned by $911 million hit on Archegos Capital blowup

Loss dents record results driven by surge in dealmaking

Q1 GDP numbers: China's economy grows record 18.3% in post-Covid comeback

Retail sales beat expectations while industrial output growth moderated

Citigroup's retreat highlights global banks' struggle in China, India

Increased rivalry from domestic lenders, especially in consumer financing, and competition for top talent contribute to challenges.

Gold heads for second straight weekly gain as investors weigh US data

The latest numbers from both countries show consumer spending boosting the recovery from the pandemic

India's brutal Covid-19 wave hammers fuel sales as lockdowns spread

Sales of everything from diesel to cooking fuels dropped during April 1-15 from a month earlier

Latest Covid-19 wave deadlier in Brazil than India: No one knows why

When it comes to the scale of infections, the two nations are similarly matched, with cases hovering around 14 million and hospitals from Mumbai to Sao Paulo under increasing pressure

Don't write off China's Covid-19 vaccines: World needs them as cases surge

While more than 848 million doses have been administered, countries with the highest incomes are getting vaccinated 25 times faster than those with the lowest

Softbank Group to invest $450 million in Swiggy at $5.5 billion value

Second funding for food delivery startup in as many weeks

Mukesh Ambani sends oxygen from refineries to aid India's Covid-19 fight

Ambani's Reliance Industries Ltd., which operates the world's biggest refining complex in western India, has started supplying oxygen from Jamnagar to Maharashtra at no cost

Amazon must treat employees better, says Jeff Bezos after union vote

He's stepping down as CEO later this year to become executive chairman, and it was clear to experts that legacy was on his mind in his final missive to investors