Page 306 - Bloomberg/reuters

Apple's iPhone design chief enlisted by Ive, Altman to work on AI devices

Tan will lead hardware engineering at the project while working at LoveFrom, the people said

Govt's crackdown on alternative investment funds puts industry on watch

The top seven shadow lenders in the country had invested around $1.35 billion in these so-called AIFs, according to their most recent annual reports

Indian refiners seek to boost Middle East supplies as attack delays cargoes

Shippers turned cautious about entering the Red Sea in recent weeks due to multiple attacks by Yemen's Iran-backed Houthi rebels

Tesla planning to revamp smash hit model Y from Shanghai plant: Report

Earlier this year, Tesla revamped its six-year-old Model 3 sedan with a sleeker look and longer range to attract customers

Apple to fight watch ban in court after White House declines to act

Apple had already stopped selling its Series 9 and Ultra 2 watches in its online store and US retail outlets

Chinese carmaker BYD overtakes Tesla as world's most popular EV maker

Analysts expect BYD to launch its third-generation EVs next year offering more technology, such as automated-driving capabilities

China appoints new navy chief amid mounting South China Sea tensions

Hu Zhongming was promoted to the rank of general at a ceremony in Beijing attended by President Xi Jinping on Monday, the official Xinhua News Agency reported

China unveils Hu Zhongming as new naval chief amid rising maritime tensions

Hu Zhongming was promoted to the rank of general at a ceremony in Beijing attended by President Xi Jinping on Monday

Samsung Electronics delays production at new US chip plant to 2025: Report

Revisions to TSMC's and Samsung's plans would mean their new plants, worth tens of billions of dollars, may only come online after the US presidential election next year

Israel to increase defence spending by at least $8 billion as war rages

The ministry, in a document presented to parliament on Monday, said the overall 2024 budget will probably have to total 562 billion shekels

BOJ Governor Ueda sees benefits of positive inflation on policy process

"I believe that greater economic stability as a result of securing room for monetary policy responses will have significant positive effect on firms as they formulate their business plans," Ueda said

Bracing for more sanctions, says Bank of Russia governor amid Ukraine war

The US announced Friday that it would use sanctions against banks that facilitate deals in which Russia procures semiconductors, ball bearings and other equipment necessary for its war machine

Maersk prepares to resume shipping via Red Sea under US-led protection

Houthi attacks on merchant ships have caused widespread avoidance of the southern Red Sea by the merchant fleet moving everything from manufactured goods and grains to oil and gas

Google rejected Play Store fee changes due to revenue impact: Epic Lawsuit

Google created Project Everest in 2021 to reconsider the Play Store billing model, according to the documents, which were released as part of an antitrust suit by Epic Games Inc

Micron settles high-profile IP theft lawsuit amid push to repair China ties

The settlement comes months after the Chinese government in May barred Micron's chips from "critical infrastructure" over cybersecurity concerns

Iran army demonstrates its military might as Gaza, Red Sea conflicts grow

The Islamic Republic has consistently denied all allegations of involvement in the attacks on commercial shippers, which have escalated since the conflict in Gaza began October 7

Iran's foreign minister dismisses US claims of them backing Houthi rebels

The White House, citing newly released intelligence, said Friday that Iran was "deeply involved" in the planning of the Houthi attacks and has supplied weapons, financial support and training

OpenAI in talks to raise new funding at valuation of $100 billion or more

Investors potentially involved in the fundraising round have been included in preliminary discussions, according to the people, who asked not to be identified to discuss private matters

LA's third-tallest tower Aon Center sells for 45% below 2014 price

The sale is the largest office deal this year in downtown Los Angeles, which has been among the hardest-hit US office markets since the pandemic as remote work becomes more popular

US aims tougher sanctions at banks in new bid to hurt Putin: Report

Under Friday's action, some of those banks could face penalties for maintaining those relationships if the trade continues