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Apple cut at least 600 jobs in US when car and screen projects stopped

At the end of February, Apple began to wind down both initiatives, which were seen as major moonshot efforts to advance the company's technologies or enter sizable new areas

Petrol bomb attacks on Malaysian Mart can rock PM Anwar's fragile coalition

Three KK Super Mart stores were hit with molotov cocktail explosives after calls for boycotting the chain over the sale of socks bearing the word Allah turned violent in recent days

Musk-led X changes course, gives away blue ticks to popular users for free

Musk pledged last week to start handing out the free features to people who had more than 2,500 verified followers

Tesla seeks support from Apple to prove driver killed in crash was gaming

The two sides are sparring over whether Tesla can call an Apple engineering manager as a witness for a two-month trial set to start next week in state court in San Jose

McDonald's to buy Israel franchise that became flashpoint in Hamas war

Alonyal launched the McDonald's brand in Israel more than 30 years ago and grew the business to 225 restaurants and more than 5,000 employees, according to a statement from the Chicago-based chain

Taiwan's semiconductor industry resumes operations after deadly earthquake

Technological advancements in Taiwan appear to have kept damage and casualties relatively low after the 7.4 magnitude quake struck the island's east coast early Wednesday

Apple explores home robotics as 'next big thing' after car fizzles

With robotics, Apple could gain a bigger foothold in consumers' homes and capitalize on advances in artificial intelligence

Boosting Tesla employees' pay to stop OpenAI from poaching: CEO Musk

Musk was responding to an Information report about Tesla AI scientist Ethan Knight leaving the car company to join Musk's xAI startup

Govt asks Tesla to lay down investment plans for EV plant in India

Vietnamese automaker VinFast recently broke ground on an EV manufacturing facility in India's southern state of Tamil Nadu

Ex-BofA veteran overseeing Vedanta Group's restructuring steps down

Davis, who was named as president for strategy at Vedanta Resources Ltd. last year, was working closely with the group's lenders and shareholders

PAG-backed Nuvama eyes Middle East for $400 million for first time

Nuvama also expects to raise another $100 million from the region for a new public equities long-short product

RBI MPC: India's early rate-cut hopes dim as inflation threat lingers

The Reserve Bank of India will likely keep its benchmark repurchase rate at 6.5 per cent for a seventh straight policy meeting, according to all 38 economists surveyed by Bloomberg

Google considers levying fees for AI-powered search features: Report

For Google, charging for certain AI search features could help the company shake loose some additional revenue, without cannibalizing its core search ad business

NLC India planning to sell renewable assets worth estimated $720 Million

The Chennai-based miner and electricity generator also plans to double its coal and lignite output by 2030

Trump's campaign raised About $66 mn in March, cutting into Biden's lead

Trump is set to get another large cash infusion later this week when hedge fund manager John Paulson will host a fundraiser for Trump in Florida, that is anticipated to raise more than $30 million

Gaza war has caused $18.5 billion in infrastructure damage, finds study

'The shock to Gaza's economy as a result of the ongoing conflict is one of the largest observed in recent economic history,' according to the report

Amazon web services slashes hundreds of jobs as part of cost-cutting drive

Sales growth at AWS, the largest seller of rented computing power and data storage, slowed to a record low last year as corporate customers cut spending and delayed technology modernization projects

US Fed blocks tough global climate-risk rules for Wall Street Banks

European central bankers have been advocating for the Basel Committee on Banking Supervision to agree on requiring lenders to disclose their strategies for meeting green commitments

China relaxes car loan norms in new bid to boost consumer sentiment

The central bank and financial regulator said loan ratios for gasoline and electric passenger vehicles, including hybrids, can now be independently determined by lending institutions

Manmohan Singh bows out of politics after serving over 3 decades in Parl

"Let the whole world hear it loud and clear," Singh said in his maiden budget speech. "India is now wide awake. We shall prevail. We shall overcome"