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Musk's X to test charging users $1 a year to reduce spam, bot accounts

The test, called "Not a Bot," started Tuesday in New Zealand and the Philippines, X said in a blog post

US restricts Nvidia made-for-China semiconductor chips in new export rules

The latest regulations also restrict exports to two Chinese artificial-intelligence chip firms that are seen as rivals to US-based Nvidia

National carbon trading system to cover 15% of emissions by 2030: BEE

The market is likely to initially cover heavily polluting industries including steel, cement, paper and pulp, petrochemicals and aluminum, subject to their readiness, said official

Microsoft-Activision takeover emboldens merger traders to boost rally bets

The traders that wager on these deals, known as merger arbitrageurs, aren't confident that every announced acquisition will happen, but are growing more hopeful about many

US retail sales exceed forecasts, economic data defies expectation again

Sales, unadjusted for inflation, increased 0.7% after upwardly revised advances in the prior two months, according to the Commerce Department

S Africa to topple Nigeria to regain mantle as continent's biggest economy

The IMF's World Economic Outlook envisions South Africa's gross domestic product reaching $401 billion based on current prices in 2024, compared with Nigeria's $395 billion

Rolls-Royce plans to cut 2,500 jobs as CEO extends efficiency push

Erginbilgic is driving his turnaround effort deeper into the company after already switching some key management positions, including the head of the civil engine subsidiary

US plans to push other countries not to pay hacker ransoms ahead of meeting

The aim of the statement is to change that calculus, Neuberger said. "Ransom payments are what's driving ransomware," she said. "That's the reason we think it's so needed."

Israel's US ambassador Herzog says reoccupation of Gaza is not a goal

He said a potential visit by President Joe Biden has not been finalised, but that it would send "a very strong message of support to Israel. And a deterrent message to Israel's enemies."

Will Xi Jinping's gamble on Russian President Vladimir Putin pay off?

The Russian leader's attendance at Xi's Belt and Road Initiative Forum, which opens on Tuesday, will be his first trip abroad - aside from visiting former Soviet states

Ambani's youngest son, Anant, faces proxy firms' pushback on board seat

"A vote against this resolution is warranted as Anant Ambani's limited leadership/board experience of around six years, raises concerns on his potential contribution to the board," ISS said

Brands are handing out freebies at Walmart as online ads lose appeal

In stores across the US, companies are doling out everything from small-batch nut butter and sanitary wipes to Halloween-themed Oreos

Rainer Gut, who transformed Credit Suisse into global bank, dies at 91

The Swiss-born Gut, whose career included stints on Wall Street, held top positions at Credit Suisse from 1971 to 2000, and was honorary chairman until April

Will file much-delayed March 2022 financial results this week, says Byju's

Byju's, which has missed payment on a $1.2 billion term loan, said it's completed a long-awaited audit of all group units. Parent Think & Learn Pvt Ltd

Wealthy Indian diaspora wooed by DLF to buy luxury apartment for investment

Earlier this year, DLF had sold 1,137 apartments costing almost a million dollars each in just three days

Big Tech's profit to jump 34%, will prop up S&P 500 earnings: Analysts

After slashing thousands of jobs to cut costs, the biggest US technology and internet companies are pumping out profits similar to those generated two years ago

Xi Jinping's $1 trillion 'project of the century' faces uncertain future

As the Chinese statesman opens the third Belt and Road Forum this week, the future of his brainchild looks uncertain

Mark Mobius-backed MapMyIndia stock doubles as mapping services grow

Shares of MapmyIndia, formally known as CE Info Systems Ltd., have risen about 104 per cent from the end of March, adding around $675 million in market value

India and Indonesia risk the biggest fallout from geopolitical shocks

Economists are fretting over the fallout on developing Asia from a widening of the Israel-Hamas war, with policymakers struggling to assess the consequences for oil supply

Chinese President Xi's Silicon Valley of the East faces slowdown woes

The country's economic slowdown, driven in part by tensions with the US and a slumping property market, is now starting to weigh on the project