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Volkswagen AG workers brace for fallout from years of dereliction

The manufacturer plans to close at least three German factories, shrink all other remaining sites in the country and slash wages by 10 per cent for around 140,000 workers

Waaree's Hitesh Doshi: The tycoon who began with $60 and is now worth $5 bn

With the listing of the group's solar cell manufacturing arm Waaree Energies Ltd. on Monday in Mumbai, Doshi and his family have joined the ranks of the world's richest people

Apple ships iPhones worth $6 bn from India to reduce dependence on China

IPhones account for the bulk of India's smartphone exports and helped the product category become the top export to the US at $2.88 billion in the first five months of this fiscal year

Bitcoin tops $71,000 for first time since June as US election nears

Bitcoin is viewed by some as a so-called Trump trade because Republican presidential nominee Donald Trump embraced digital assets during campaigning

Bitcoin traders refocus on $71,000 price level with cash flowing into ETFs

Cryptocurrencies dropped last week, following a report that US was investigating stablecoin issuer Tether Holdings Ltd. for possible violations of sanctions and anti-money-laundering rules

Swiggy aims to kick off $1.35 billion India IPO mid-next week: Report

The IPO will open for bids from Nov. 6 to Nov. 9, and shares are expected to start trading from Nov. 13

US elections: Musk wants $2 trn cut from federal budget. It'd be difficult

His target exceeds the amount Congress spends annually on govt agency operations, including defence. It would likely require making significant cuts to popular entitlement programmes

Joe Biden finalises curbs on US investment in Chinese chip, AI tech

The rules, which come after more than a year of deliberation, ban some investments into those industries and require the US government to be notified about others

Washington Post withheld endorsement to fight credibility gap: Bezos

Bezos also said the Post's action was unrelated to former President Donald Trump's meeting with executives from Blue Origin, another of his businesses, on the day of the announcement

Indian small-caps run risk of extended selloff amid slowing earnings

Key gauges of small- and mid-sized companies have tumbled since hitting September highs, putting them close to a so-called technical correction of a 10 per cent peak-to-trough decline

SBI's newly appointed chair C S Setty targets unbanked in expansion plans

As it seeks to build out deposits, the bank is also planning to add branches in areas where it has no presence, according to Setty

Here's why a lot can go wrong when everything arrives in just 10 minutes

To have at least half a dozen options for quick commerce is a good thing in an economy where concentration of large monopolies and duopolies is on the rise

Reddit's high-flying stock run faces AI-training data test in earnings

The stock is up 139 per cent since it began trading in March, the best performance among this year's IPOs to raise at least $310 million

Kamala Harris plans 'freedom' rally, Trump courts men in final push

Harris casts herself as standing in between Trump and a key trifecta that includes economic opportunity, reproductive rights and Democracy itself

OpenAI's 75% of revenue comes from paying consumers: CFO Sarah Friar

Friar said that roughly 75 per cent of OpenAI's business comes from consumer subscriptions. The company's paid consumer plan for its chatbot ChatGPT currently starts at $20 per month

Japan's Shigeru Ishiba vows to bring stability after losing majority

"The LDP suffered a crushing defeat," said Takeshi Minami, chief economist at Norinchukin Research Institute, who sees a December rate hike as the main scenario

Israeli Cabinet meets in secret location after Iran vows to retaliate

Israeli officials said that, for security reasons, the cabinet wouldn't meet at its usual place in Prime Minister Benjamin Netanyahu's office in Jerusalem

European banks to continue dealing with Indian clearing firms post October

Europe's authorities set the deadline last year after their request for co-supervision of European trades settled through Indian clearing houses was denied by the Reserve Bank of India

US elections: Elon Musk and friends smothering internet's truth seekers

In early October, the head of the US intelligence community warned of a serious threat from foreign actors including Russia, Iran and China, aimed at undermining trust in polls

Mercedes and Porsche's battle with Chinese EVs edges closer to home

The clearest sign of their impact came on Friday, when Mercedes reported its weakest profitability