Page 429 - Bloomberg/reuters

Nine British banks sign up to Mastercard's new AI tool for tackling scams

Nine of the UK's biggest banks, including Lloyds Banking Group Plc, Natwest Group Plc and Bank of Scotland Plc, have signed up to use the Consumer Fraud Risk system, Mastercard

Xi Jinping's metal curbs risk backfiring as G-7 seeks alternative to China

The new export licensing system highlighted China's dominant position in global production of gallium and germanium, which are used to make chips, electric cars and telecommunications equipment

Vimeo CEO Anjali Sud to step down; Adam Gross named interim chief

Sud, who was appointed to the position in 2017 after previously serving as general manager and head of marketing, is leaving to pursue a new opportunity, according to the statement

Companies play catch-up as cybersecurity attacks rise in digital India

A breach at Suzuki Motorcycle India forced the company to halt production in May, and India's largest drugmaker said in March a ransomware attack will have an impact on revenue

India Banks: Merger of HDFC Bank with HDFC is a serious makeover

Of the two big changes expected this year, one has just occurred and created a juggernaut bigger than Morgan Stanley

Instagram unveils Threads app, a serious threat to Elon Musk's Twitter

The app will let users port over their existing follower lists and account names from Instagram, Meta's photo and video-sharing app that counts major creators among its more than 2 bn users

India wants to export green hydrogen abroad in bet on demand surge

Although India currently only boasts green-hydrogen research facilities - rather than production capability - PM Modi has set a goal to produce 5 million tons a year by the end of the decade

India increases credit lending to Africa, in race to counter China

Forty two African nations received about $12 billion or 38% of all credit extended by India in the last decade

Yellen's China visit seeks to usher in more discussions amid tensions

It will be the first major test of a policy she outlined in April that's geared toward defending and securing US national security without trying to hold China back economically

Monday was the hottest day ever as global temperatures rise, shows data

The average worldwide temperature was 17C (63F), just above the previous record of 16.9C reached in August 2016, according to data from the National Centers for Environmental Prediction

ONGC Videsh reconsiders its plan to buy stake in Kenya oil project

The Indian oil company needs more clarity after TotalEnergies SE and Africa Oil Corp. quit the Kenya consortium several weeks ago, an ONGC executive, who asked not to be named

Hong Kong's reopening brings scant gains for financial hub despite push

Hong Kong, led by former policeman and now Chief Executive John Lee, has been pushing hard to revive the city's reputation with high-level events

Twitter rival Threads hasn't appeared in EU app stores ahead of launch

App stores in some European Union countries, including Germany and Belgium, weren't displaying Threads as of late Tuesday

Central banks set to diverge on rates as stubborn inflation stalks Fed, ECB

With another hike in interest rates anticipated by the Federal Reserve and the European Central Bank for July, and some peers on a similar track

Xi Jinping urges open supply chains after curbing exports of key metals

The world's No. 2 economy wants to work with nations to reject the moves of setting up barriers, decoupling and severing supply chains," Xi said in a virtual speech

US to curb China's access to Cloud services like Amazon, says report

Washington is considering requiring cloud providers to seek government permission before serving Chinese firms

Meta loses EU court fight over German antitrust crackdown on data

The EU's Court of Justice ruled that Germany's Federal Cartel Office didn't overstep its powers in 2019 when it ordered Facebook to overhaul how it tracks its users' internet browsing

Apple infringed essential mobile technology patents, UK court rules

Apple had previously argued that the relevant technology was not used in the UK, according to the judgment

Power sector lender REC set to raise $1 bn via loans to fund infra projects

The state-owned company's fundraising via external commercial borrowing is split in two tranches, with the first expected to close this month amounting to $505 million

Google to hire ex- Apple exec as India policy head to tackle challenges

Sreenivasa Reddy, currently a senior engineering executive at Microsoft Corp., is likely to join Google toward the end of this year, people familiar with the matter said