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India needs wider range of semiconductor suppliers, says industry expert

Governments around the world are investing aggressively to build domestic supplies of semiconductors

Sweltering heat raises gas demand as idle power plants resume operations

India invoked an emergency provision to spur output at gas-fired power stations that had previously been idling

China considers record penalty for PwC over Evergrande auditing work

PwC has been under the spotlight after China launched one of the biggest investigations of financial fraud in history involving developer Evergrande

Indian inflows set to pause following China's bond index playbook

Foreign investors are increasingly showing a preference for India's sovereign debt over China's to reap gains from the nation's faster economic growth

Here's how AI could save the middle class from demographic decline

AI will augment tacit knowledge some workers already possess and enable them to perform roles that were once the domain of paid professionals. It may even help the world cope with the labour scarcity

Apple signals that it's working on TV, sports app for android phones

Apple has long sought to put TV+ on as many platforms as possible and already offers apps for smart TVs, Roku, Amazon streaming devices and game consoles

HP reports increased computer sales with optimism rising for AI PCs

The PC market had seen a historic decline over the last two years after many consumers, businesses and schools purchased laptops in the early months of the pandemic

HSBC makes wealth push in Middle East after hiring 100 private bankers

HSBC is known for its wealth prowess across Asia, but it's long lagged Swiss rivals like UBS Group AG in the Middle East

Tesla blasts Glass Lewis after adviser seeks rejection of Musk pay package

The EV maker's board has been working to rally shareholder support ahead of its June 13 annual meeting

Global investors lift India's derivative holdings to record $101 bn

Foreign funds' open interest, or the number of contracts outstanding in value terms, reached 8.4 trillion rupees ($101 billion) on the National Stock Exchange Tuesday

US condemns loss of life but says no policy changes after deaths in Rafah

The US would be monitoring the investigation into the incident and expected Israel to learn lessons from the airstrike, Kirby said

Meta removes accounts in China, Israel pushing content likely made by AI

Meta, the parent of Facebook, Instagram and WhatsApp, has seen threat actors rely on AI to produce fake images, videos and text in an effort to influence users on its sites

Tesla's $56 bn pay package for Elon Musk opposed by Calpers CEO Frost

Musk criticized Frost's remarks, saying in a post on his social media platform X that the pension fund 'is breaking their word'

At $10,000, shipping container rates are again the talk of global trade

With capacity stretched by more than five months of attacks on vessels in the Red Sea, the container shipping industry is scrambling to meet demand that's picking up in the US and Europe

Sony in talks to buy Queen's music catalog in potential $1 bn deal

Sony is working with another investor on a purchase that could potentially total $1 billion, people familiar with the matter said, asking not to be named discussing confidential information

Foreign funds return to Indian bonds as JPMorgan index inclusion nears

Overseas investors bought about $358 million of bonds on Monday, the most in two months and a seventh successive day of purchases, data compiled by Bloomberg show

PM Modi's big victory expected to fuel Indian rupee's nascent rally

The currency, which has been at the mercy of the central bank's vise-like grip recently, is set for a breakout and poised for its best month in almost a year

LS elections: PM Modi needs tough reforms in 3rd term to lure foreign firms

Even with an improvement in business sentiment, there's been no major boost in actual investment yet

Biden admin presses TikTok, Meta, X to crack down on antisemitic posts

The companies have not yet agreed to the voluntary moves, but the administration is hopeful they will act in the not too distant future

Tesla settles 2016 fatal crash lawsuit as another jury trial looms

Tesla maintains there was nothing wrong with the car. It said the data event recorder showed that Speckman kept her foot on the accelerator pedal before the crash