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Earthquake-struck Morocco to spend nearly $12 billion on recovery

Funding for the reconstruction will come from the government budget, local authorities, donations, international aid and a special fund for the management of earthquake's effects

ChatGPT's traffic rises again after declining as students return to school

The recent traffic bump, which comes as school is back in session in the US, may revive concerns around how widespread ChatGPT use is among students

India issues warning to expats in Canada after Trudeau's accusation

The advisory from India's external affairs ministry said students in particular should "remain vigilant," aiming its message at the huge population of young Indians attending Canada's colleges

Nvidia CEO touts India as major AI market in a bid to hedge China risks

For Nvidia, whose graphics processors are vital to the development of artificial intelligence systems, the South Asian nation of 1.4 billion people presents a rare opportunity

Here's why Adani's grip on banks is tighter than his hold on markets

Overseas institutions are also a better bet for Adani. Tapping Indian banks, especially state-run lenders, would be a tad cheaper, but might invite greater political scrutiny ahead of general election

Instacart founder Apoorva Mehta exits with $1.1 bn fortune after IPO

The transition marks the end of Mehta's 11-year tenure with the company he co-founded in 2012

Disney shares Fall over 3% after doubling park spending to $60 billion

Disney said it has seen record growth in customer spending at parks over past two years, and significant decrease in number of tickets it sells at a discount, compared with before pandemic

Microsoft narrowing market cap gap with Apple for world's largest stock

The Redmond, Washington-based company's shares have outperformed the iPhone maker's this month, bringing its market value closer to Apple

Passalacqua in Italy's Lake Como named as best hotel in the world

The tiny, 24-room hotel only just opened in June 2022 after a years-long restoration to its 18th century building-which has played host to guests as illustrious as Napoleon, Churchill, and Bellini

Exxon Mobil experiments with extraction of lithium from subsurface brine

Exxon is looking at how to utilize its expertise in fracking of oil and gas from shale rock, which involves the use of large volumes of water

Canada PM Trudeau's allegations risk upending US courtship of India

"If US sides with Ottawa, then New Delhi will be up in arms and, once again, question the loyalty of Washington. If it sides with New Delhi, then the US is contradicting a NATO ally"

Google lost map traffic with Apple maps switch on iPhones: Executive

Google's largest contract is with Apple, which set Google as the default on Safari in exchange for a share of the revenue that the search engine earns through advertising

Global economy to slow as rate hikes bite, says OECD chief economist

The European Central Bank delivered a 10th consecutive hike last week, though signalled that the peak may have been reached

Crude oil rally gathers momentum as Brent pops above $96 a barrel

Crude has soared by about a quarter since mid-June, with Riyadh and Moscow joining hands to curtail exports in a bid to drain inventories and drive a rebound in prices

Gold firms with focus on Fed meeting; US 5-year yield highest since 2007

The dollar index eased from a six-month peak against its rivals, making gold less expensive for other currency holders

Google tweaks ad auctions to hit revenue targets, as much as 5%: Exec

company frequently makes changes to the auctions it uses to sell search ads - the text and shopping promotions that appear at the top of a results page, said Jerry Dischler, VP for Google ad products

FTX managers sue Sam Bankman's parents to recover 'misappropriated funds'

FTX owed customers approximately $8.7 billion when it filed for bankruptcy and about $7 billion in liquid assets have been recovered so far

Amazon develops version of cashierless technology for clothing stores

The retail and cloud-computing giant on Tuesday said the latest iteration of its Just Walk Out technology uses radio frequency identification, or RFID, tags to keep track of apparel

How India and Canada's relations crumbled after killing of Sikh leader

On June 18, unknown assailants shot and killed Hardeep Singh Nijjar, who supported the formation of an independent homeland - known as Khalistan - for Sikhs in northern India

Toyota Motor keeps up the push to prove it can embrace new technology

The world's largest carmaker invited a clutch of journalists on a tour of three factories in Aichi prefecture, near its headquarters in the city of Toyota, last week for another peek