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Nokia sues Amazon from US to India over 'unauthorised' streaming patents

Companies providing video streaming services or streaming devices enjoy "huge benefits" from Nokia's research which in turn needs to be compensated accordingly, Patel said

Asian factories grapple with rising costs amid ongoing Israel-Hamas war

The data are a discouraging sign for the global economy, which has seen its bid for recovery threatened by uncertainty over the Israel-Hamas war and the prospect of wider conflict in the region

Festive season spending booms as consumers splurge, buoying economy

The sales are a key indicator of the health of consumption, which makes up about 60% of India's gross domestic product

US, Israel weigh peacekeepers for Gaza strip after Hamas amid war

"Between those shoals are a variety of possible permutations that we're looking at very closely now, as are other countries," Blinken said

UK officials pressured to drop IP law demands in India trade talks

Critics say the changes would damage India's position as a leading provider of generic drugs - essentially "copycat" versions of those which fall out of patent

Global real estate fundraising slumps 71% with interest rate risk

Around the world, $18.2 billion was raised by 61 funds in the three months through September, a 71% decline from the second quarter, when 117 funds raised $63.4 billion

Nokia sues Amazon from US to India over streaming-tech patents infringement

The suits were filed in the US, Germany, India, the UK, and the European Unified Patent Court, Arvin Patel, Nokia's Chief Licensing Officer said in a statement on the company's website

Qualcomm unveils new PC chip in bid to challenge to Apple, Intel dominance

The new Snapdragon X features 12 high-performance cores capable of crunching data at 3.8 gigahertz, Qualcomm said at a company event Tuesday in Hawaii

Israel's step by step offensive on Hamas risks extending war in Gaza

Five-day ongoing ground campaign to destroy the group that runs the Gaza Strip involves armed forces moving gradually into the Palestinian territory while backed up by tanks and artillery

High interest rates causing surge in company insolvencies in England

Official figures Tuesday showed the number of company insolvencies in England and Wales jumped 10% year-on-year to 6,208 in the third quarter

Saudi Arabia's economy suffers biggest contraction since 2020 on oil cuts

Gross domestic product shrunk 4.5% in the third quarter compared to a year earlier, driven by a 17% drop in the oil economy

China's spy agency vows crackdown on weather stations with foreign links

Foreign embassies and research groups gather weather data in China, activity that becomes more important as the nation deals with bouts of extreme weather such as flooding in the Beijing area

Debut of 50-year bond in India leaves insurers hungry for a share

The government plans to sell Rs 10,000 crore ($1.2 billion) of a 2073 bond on Friday, according to the Reserve Bank of India.

Elon Musk's X is worth less than half of the price he paid for Twitter

Since the takeover, most of Twitter's staff was laid off or resigned. Musk renamed the company X, changed some of its content rules and lost more than half of its advertising revenue

Apple unveils new laptops, iMac, trio of powerful chips with improvements

The new chip lineup relies on advanced 3-nanometer manufacturing technology and more efficiently handles graphics processing, Apple said in a presentation Monday

India, UK see free-trade deal possibly in December after poll results

There isn't any firm deadline but an announcement could be made after the vote concludes and results are out December 3

Foreign investors cut holdings of Indian stocks at fastest pace in months

India's benchmark NSE Nifty 50 Index has slipped 3.3% so far this month, faring a little better than the 3.8% decline seen in the broader MSCI Asia Pacific Index

Siemens Energy considering to sell substantial part of 24% stake to Siemens

The shares are currently worth about 3.3 billion ($3.5 billion). Siemens already owns 51% of the Indian business

Warning signs show that Apple is losing its Chinese consumers to Huawei

The iPhone 15 series saw a 6% decline in sales in its launch month compared with the prior year, according to data from market researcher GfK that covers end-consumer sales for all channels

India's rice export restrictions are pushing global south towards a crisis

Every rice eater in the world has felt the pinch of India's export restrictions