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US Senate probes Credit Suisse over hidden Nazi-era account connections

Investigators identified Credit Suisse accounts for more than three dozen individuals connected to the ratlines, Barofsky said in his letter

Elon Musk a majority-maker, and he won't let US Congress forget it

A political action committee controlled by the world's richest man spent $19.2 million in the final six weeks of the 2024 election to back Republicans in too-close-to-call races around the country

Argentina's Milei scores win with $1 bn repurchase deal from five top banks

Argentina's sovereign bonds climbed on Friday's announcement. Benchmark notes due in 2035 touched a session high before paring gains

EV sales surge by 60% in UK as carmakers slash prices to dodge fines

The UK government is now reviewing the rules, which could result in increased flexibilities to help manufacturers meet them

Las Vegas bomber suffered from PTSD, no apparent ties to terrorism: FBI

Matthew Livelsberger, 37, died by suicide after shooting himself and detonating explosives inside a rented Tesla Cybertruck, authorities said on Friday

China to expand subsidies on smartphone purchases in bid to lift spending

The move is part of China's efforts to encourage consumption to offset the effects of any new US tariffs on Chinese exports, which have been a key growth driver

Biden to ban more offshore oil and gas drilling before Trump arrives

Biden is set within days to issue the executive order barring the sale of new drilling rights in portions of the country's outer continental shelf

Thanks to India's IPO surge, seven entrepreneurs become billionaires

Saluja is one of the four entrepreneurs in the renewable energy space whose personal fortunes have soared after their companies listed on the stock exchanges last year

Trump picks Ken Kies for key tax policy job at treasury ahead of cuts push

Cora Alvi, who was a national deputy finance director for Trump's presidential campaign, will also be a deputy chief of staff

Why India and China should admit that their economies are intertwined

A lot has changed. Both nations are more than a little concerned about how they will revive slowing growth

Aeromexico, Saudia rank among the most punctual global airlines for 2024

The aviation analytics firm analyzes more than 25 million data points from 600-plus sources each day to determine whether airlines are meeting their scheduled arrival times

Derivatives trading drops 38% on BSE, NSE in December due to Sebi curbs

The Securities and Exchange Board of India cracked down on the derivatives market after a 40-fold boom that led to billions of dollars in losses for retail investors

Banks urge RBI to inject liquidity via foreign-exchange swaps amid crunch

The higher financing costs are posing a challenge for the RBI to support an economy that's witnessing a slowdown in manufacturing activities

Musk's X, Google yet to apply for Malaysia's new social media licence

X said the number of its users in Malaysia did not meet the eight million threshold required to obtain a licence

South Korea sharply trims GDP growth forecast after martial law fiasco

The Finance Ministry sees the economy now growing 1.8 per cent in 2025 after expanding 2.1 per cent last year, it said in a statement on Thursday

China's BYD chalks up new record as it narrows EV sales gap with Tesla

On BYD's December data, it will fall just shy of surpassing Tesla in annual sales

China's manufacturing activity growth slows as recovery remains bumpy

The Caixin manufacturing purchasing managers index fell to 50.5 from 51.5 in November, according to a statement released by Caixin and S&P Global on Thursday

Shooting itself in the foot - again: This trade barrier hurts India more

The real problem with India's trade policy lies in a seemingly innocent administrative procedure that doesn't sound half as dangerous as tariffs

China's BYD chalks up new record in EV sales, narrows gap with Tesla

The Shenzhen-based carmaker, which stopped making vehicles entirely powered by fossil fuels in 2022, hit a new monthly sales record in December, spurred on by subsidies

AI, Elon Musk and Donald Trump add up to a turbulent 2025 for technology

The biggest jolt to the social media landscape could come from a US ban on TikTok