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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

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

Bank of India seeks its first dollar loan of $400 million in over a decade

Bank of India joins a slew of other Indian borrowers seeking to raise foreign currency debt this year. Reliance Industries Ltd. is looking to borrow as much as $3 billion

BSE, Asia's oldest stock bourse, seeks ways to dent rival NSE's dominance

While the BSE's is renewing its focus on lifting cash volumes, bourses globally are gearing up to boost derivatives trading amid rising volatility

What if Trump follows in Putin's footsteps for Greenland, Panama Canal?

As the president-elect Trump and some of his team members warm up for the White House, they're speaking and behaving more like President Vladimir Putin's Russia by the day

Europe threatens to trigger a global scramble for natural gas supplies

While Europe has enough gas reserves to get through this winter and prices have eased since the start of the year, inventories are being eroded by cold weather

iPhone loses global market share to rivals with Apple AI absent in China

California-based Apple has been playing catchup on artificial intelligence, with its suite of AI enhancements rolling out in stages following the launch of the iPhone 16

Space industry has room for 'multiple winners': Bezos on competition

There is going to be new uses for space that's going to drive demand for large capacity up, Bezos said on the eve of his company's first orbital rocket launch attempt

Los Angeles wildfires rage as dry winds likely to return this week

High winds will limit opportunities for firefighters to make progress against the fast-moving Palisades and Eaton fires, which have left at least 16 people dead and consumed more than 12,000 buildings

Canada has counter-tariffs ready if Trump launches trade war, says Trudeau

Trudeau, who said Jan 6 he'll resign as prime minister and Liberal Party leader, will remain in the country's highest political office until members of his party choose his successor on March 9

Sheinbaum vows Mexico won't bow to US as Trump prepares to take office

Ties between both nations will stay strong and dialogue will prevail, Sheinbaum said during the speech in a Mexico City square

Blue Origin flagship rocket set to debut in crucial SpaceX challenge

New Glenn, originally intended to launch as early as 2020, is set to lift off as soon as Monday out of Cape Canaveral, Florida, during a three-hour launch window that begins at 1 a.m. local time

Meta chief Mark Zuckerberg says most companies need more 'masculine energy'

Zuckerberg, who launched his career by rating the attractiveness of women at Harvard University, added that he grew up with three sisters and has three daughters, and wants women to succeed