Page 15 - Bloomberg/undefined

Google offers ad tech changes to settle €3 bn EU antitrust order

Despite the offer, the company said it still disagrees with the European Commission's September decision and plans to appeal

OpenAI, Apple lose bid to toss Elon Musk xAI suit over competition

The lawsuit seeks billions of dollars in damages from Apple and OpenAI, based on claims that Apple's decision to integrate OpenAI into the iPhone's operating system inhibits competition

Nike ends initiative that offered employees a week off for wellness

Nike's annual "Wellness Week," had been held each August, with the world's largest sportswear company powering down its corporate headquarters in Beaverton, Oregon, to give staff more time to unwind

Verizon weighs up to 20,000 layoffs as new CEO Dan Schulman takes charge

Verizon has about 100,000 employees. The planned cuts are part of an aggressive strategy that Schulman recently unveiled to reclaim market share

SBI Funds Management looks to raise $1.2 bn via IPO in first half of 2026

India's biggest asset manager plans to ask banks to pitch for mandates to work on the IPO in the coming weeks; SBI Funds may be valued at $12 billion

Big Tech's Climate Strategists Feeling Strain of AI Power Needs

One of Trump's biggest moves against renewables was to use massive tax bill he signed in July to strip away clean energy incentives created through his predecessor Joe Biden's Inflation Reduction Act

Trump needs 'real chance' of ending war to meet Putin, says Rubio

In October, Trump announced surprise plans to hold a new summit with Putin to discuss the war in Ukraine after the two spoke by phone

China targets tax evasion by sellers on Amazon, other e-commerce sites

Tax bureaus across China in recent months told major platforms to submit some Chinese merchants' third-quarter revenue in a bid to curb underreported sales

Blackstone's AirTrunk targets India for its next data facility: CEO

Investors are pouring billions of dollars into artificial intelligence services like OpenAI's ChatGPT, and the data centers required to power them

China heads for longest slowdown in consumption growth since post-covid

Top government and Communist Party officials regularly state that they're committed to lifting domestic spending - something the US and other major trading partners have also long demanded

Epstein emails suggest Trump 'knew of girls'; spent hours at his house

That email was sent to Ghislaine Maxwell, an associate of Epstein, who was convicted and is serving a 20-year prison sentence for her role in helping him with the sexual abuse of underage women

Putin to visit India on Dec 5 as ties deepen, says Russia-India forum host

Putin is scheduled to visit New Delhi on Dec. 5, and will participate in the plenary session of the Russia-India Forum taking place that week

Adani Group to host investor meet in Singapore to boost global confidence

Senior leadership including Group Chief Financial Officer Jugeshinder Singh and executives of Adani companies will attend the meetings

Google adds new AI features to Pixel phones, including message summaries

The move comes as major tech companies, including Alphabet, Apple, Amazon.com Inc and Meta Platforms Inc, are racing to make their AI offerings more advanced and more useful to consumers

Trump aides review funds for New York City after Mamdani's mayoral win

After the election, Trump said in an interview on Fox News that he wanted to see "the new mayor do well, because I love New York" but cautioned Mamdani to be "respectful of Washington"

Asia's rich lack succession plans as private wealth nears $99 trn by 2029

Chaotic handovers have the potential to freeze assets in legal disputes, fragment family empires, and destabilise companies that have grown rapidly but lack the governance structures

Trump plans dinner with Jamie Dimon, Wall Street executives at White House

The dinner comes as Trump faces rising political pressure on the economy and affordability - issues that anchored Democratic electoral wins in New Jersey and Virginia last week

Trump's $2,000 tariff 'dividend' echoes Covid-era stimulus checks

On Monday, Trump again posted on the payout idea on Truth Social, saying that the tariff revenue money "left over from the $2,000 payments" would be used to "substantially pay down national debt"

Trump's war on media goes international as BBC apologises over Jan 6 edit

BBC Chairman acknowledged that edited footage of Trump's speech near the US Capitol on Jan 6, 2021, which aired on 'Panorama' last year, wrongly gave 'the impression of direct call for violent action'

Trump asks US Supreme Court to overturn $5 mn judgment in Jean Carroll case

Trump was found liable by a Manhattan jury in May 2023 for sexually assaulting Carroll in the 1990s and then defaming her by calling her a liar, following a trial in which he declined to testify