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Japanese banks stick with Adani while Jefferies, Barclays review ties

Japanese support shows the divide among finance firms over Adani after he and others were charged with plotting a $250 million scheme to bribe India government officials to win solar energy contracts

TikTok, Meta brace for Australian social media ban for those under 16

A number of other nations and US states have attempted to curb children's access to social media, with limited success

Global investors find opportunities in India despite equity outflows

Global funds have piled into sectors with strong growth potential, while pulling back exposure to sectors like banks, consumer and energy- the stragglers of 2024

India's falling wages hit economy as consumers cut back on everything

Some of country's biggest companies from Maruti Suzuki to consumer bellwether Hindustan Unilever have posted weaker earnings recently, saying urban middle class spending has been languishing

Opec+ delays online meet on oil production, supply curbs to Dec 5

The group is set to discuss whether to proceed with reviving supplies, beginning with an increase of 180,000 barrels a day in January

Uber faces US FTC consumer protection investigation over subscriptions

The FTC is investigating Uber over enrollment and cancellation aspects of the product, according to documents viewed by Bloomberg. The investigation was opened earlier this year

US FTC opens antitrust investigation in several Microsoft businesses

After more than a year of conducting informal interviews with competitors and business partners, antitrust enforcers have crafted a detailed request to force Microsoft to turn over information

Trafigura bets on carbon-credit market rebound amid new regulations

At the same time, regulators in Europe, the US and Asia have come around to the view that many companies won't be able to report net zero emissions by mid-century without access to a functioning

Canada premiers urge Trudeau to boost border security amid US tariff threat

Ford was joined by Quebec Premier Francois Legault, Alberta Premier Danielle Smith and Manitoba Premier Wab Kinew, who all made statements demanding stronger action

EV sales' boom in China threatens to push gasoline demand off a cliff

There are still a lot of unknowns about how China's uptake of EVs will play out, such as whether full electrification can ever be achieved

Biden admin readies China's chip curbs that stop short of earlier proposals

The restrictions could be unveiled as soon as next week, said the people, who emphasised that the timing and contours of the rules have changed several times

Google seeks to undo Fortnite-maker Epic Games antitrust win over App Store

Google said in a filing Wednesday that US District Judge James Donato's ruling is mistaken and asked that the outcome of the long-running litigation be set aside

SoftBank plans to buy $1.5 billion worth OpenAI shares from employees

SoftBank contributed $500 million to OpenAI's $6.6 billion fundraising round in October, but had pushed for a larger allocation at the time

Samsung gets first woman CEO outside founding family for 1st time in 86 yrs

In a country where women business leaders have long struggled, Kim Kyung-Ah as president and CEO of Samsung Bioepis Co, is a story likely to inspire the next generation of executives

Donald Trump's trade chief pick advocates 'strategic decoupling' from China

Greer calls for Congress to revoke Beijing's permanent normal trade relations status and impose new, higher tariffs

Imran Khan's supporters end protests after Pakistan govt's crackdown

There is a search operation ongoing and a large number of protesters who started a sit-in in Islamabad to demand Khan's release from jail have been arrested

Japan's top chip distributor Macnica eyes acquisitions in India, China

Yokohama-based company, which often draws comparisons with factory automation provider Keyence Corp., may also conduct acquisitions to expand into other arenas, such as cybersecurity

Jaguar Land Rover now faces competition from its Chinese partner in UK

Chery Automobile Co is preparing to bring its upmarket Jaecoo brand to JLR's home market, where the Chinese carmaker hopes to take on the Range Rover line

Mexico hints at retaliation to Donald Trump's threats of 25% tariffs

Sheinbaum's calls for collaboration instead of hostility reflect delicate balance she has sought to maintain since Trump's victory put her nation on front line of a potential US trade war with China

Vietnamese Mogul Truong Lan told to repay missing billions to save her life

Prosecutors have so far argued against leniency at her hearing in Ho Chi Minh City unless she finds a way to return a significant chunk of the 415.7 trillion dong