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World prepares for Trump tariffs even before his White House return

Soon after calls to congratulate the president-elect on his Nov 5 victory, officials began quietly looking for ways to appease him while simultaneously mapping out ways to retaliate if needed

Proposed obesity benchmark adds organ health, daily functionality metrics

The recommendation signals a long-awaited shift from a single imperfect metric toward a more personalised diagnosis

SEC sues Elon Musk for failure to disclose growing Twitter stake on time

By keeping his purchase quiet, Musk was able to buy shares at 'artificially low prices,' allowing him to underpay for at least $150 million worth of stock, the SEC said

Meta to cut 5% of staff, focusing on performance-based terminations

Altogether, Meta expects its headcount to be down 10 per cent by the end of the current performance cycle. That total includes an additional 5 per cent attrition from last year

Indian refiners hopeful of Moscow finding path around latest US oil curbs

Processors are hopeful that the new US government may help to blunt the impact of the far-reaching curbs announced last week

DOJ report says Trump likely to have been convicted in election case

Smith's final report represents the culmination of one of the most historic and controversial investigations in US history that spanned more than two years, cost more than $35 million

Biden administration imposes new China curbs with AI order, smart car ban

The executive order on data centers would "accelerate the speed at which we build the next generation of AI infrastructure here in America, in a way that enhances economic competitiveness

Users flock to Chinese apps like Xiaohongshu amid TikTok ban risk

Familiar to Chinese who use the service not just as a repository for travel and pet videos but also a live online marketplace, its rise in the US took many in the industry by surprise

Apollo Global considers Tenneco India listing at $2 billion valuation

The US alternative asset manager is speaking with prospective arrangers about an IPO that could take place in Mumbai this year and value Tenneco Automotive India Pvt. at about $2 billion

RBI Governor Malhotra shows willingness for a more flexible rupee

Malhotra showed keen interest in the RBI's currency intervention functions and expressed no opposition when his team explained the recent movements in the rupee and the need to allow it to depreciate

China mulls selling TikTok US to Trump-ally Elon Musk to avoid looming ban

Under one scenario that's been discussed by the Chinese government, Musk's X, the former Twitter would take control of TikTok US and run the businesses together

Greenland open to cooperation with Donald Trump, says Prime Minister Egede

His comments come after President-Elect Trump last week reiterated his ambition to take control of the island, a self-ruling territory of Denmark with 57,000 people

India's $556 bn equity rout worsens amid growth, inflation concerns

The benchmark NSE Nifty 50 Index will likely drop at least 5 per cent in the three-months through March

Toyota wants salaried staff in office four days a week starting Sept 2

Toyota said in the memo that staff can continue to work from home on Fridays 'subject to business needs'

Trump likely to maintain new AI chip controls, says Jake Sullivan

The rules, unveiled by the White House, would cap shipments of advanced AI processors on both a company and a country basis

Canadian ambassador warns of 'tit-for-tat' retaliation to US tariffs

Trump has threatened 25 per cent tariffs on all products from Canada and Mexico unless they address his complaints on border security

Trump's economic team studies gradual tariff hikes under emergency powers

One idea involves a schedule of graduated tariffs increasing by about 2 per cent to 5 per cent a month

Apple's revamped app fees draw increased EU scrutiny under big tech rules

The company is facing the risk of a hefty fine for thwarting efforts by third-party developers to steer users toward cheaper deals and offers outside of the App Store

White House imposes new export curbs on Nvidia AI chips for China, Russia

Similar to the rules for importing countries, companies in the US and nearly 20 allied countries can agree to US government standards and win permission to ship to the restricted nations

RBI uses FX swaps to ease liquidity squeeze as rupee hits a new low

The rupee lost around 2.8 per cent against the dollar in 2024, making it one of the best-performing currencies in Asia as the greenback surged