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Apple readies MacBook Pro, MacBook Air revamps; none with Intel processors

This will be the first time professional Macs get in-house main processors; eventually the company will stop selling the high-end Intel MacBook Pros

Apple readies MacBook Pro, MacBook Air revamps; none with Intel processors
Updated On : 19 May 2021 | 8:54 AM IST

Fed Reserve negotiating with itself on inflation as global economy recovers

Federal Reserve president James Bullard recently said that inflation is likely above 2% over the forecast horizon.

Fed Reserve negotiating with itself on inflation as global economy recovers
Updated On : 19 May 2021 | 8:42 AM IST

Jamie Dimon succession race has two women ahead of pack at JP Morgan

Marianne Lake and Jennifer Piepszak have been named as co-heads of consumer and community banking business.

Jamie Dimon succession race has two women ahead of pack at JP Morgan
Updated On : 19 May 2021 | 8:39 AM IST

Stop developing new oil, gas, coalfields to avert climate crisis, says IEA

Within three decades, the role of fossil fuels should reverse entirely -- from 80% of global energy needs today to barely a fifth by mid-century.

Stop developing new oil, gas, coalfields to avert climate crisis, says IEA
Updated On : 19 May 2021 | 1:19 AM IST

Japan's economy shrinks, raising fear of double-dip recession

Gross domestic product contracted an annualized 5.1% from the previous quarter, ending six months of double-digit growth, as businesses cut investment, government outlays fell

Japan's economy shrinks, raising fear of double-dip recession
Updated On : 19 May 2021 | 1:16 AM IST

Musk loses world's second-richest ranking to LVMH's Arnault as Tesla dips

Tesla Inc chief Elon Musk lost his spot to LVMH Chairman Bernard Arnault as electric vehicle-maker's shares fell 2.2%. Musk now has a fortune of $160.6 billion, down 24% from its January high.

Musk loses world's second-richest ranking to LVMH's Arnault as Tesla dips
Updated On : 19 May 2021 | 1:08 AM IST

Consumption hit from second Covid wave seen denting Indian economy

The economic drag from the pandemic in the current quarter will be dominated by demand destruction or deferment of expenditures, said QuantEco Research economist Yuvika Singhal

Consumption hit from second Covid wave seen denting Indian economy
Updated On : 19 May 2021 | 12:51 AM IST

Janet Jackson's Chevy truck takes $112,500 in record auction sale

The buyer of the truck is Arlan Hamilton, founder and managing partner of venture capital firm Backstage Capital

Janet Jackson's Chevy truck takes $112,500 in record auction sale
Updated On : 18 May 2021 | 11:23 PM IST

Amazon's acquisition of MGM would add to frenzy for streaming assets

The acquisitions are setting 2021 up to be a record for media deals. More than $80 bn in takeovers have been announced so far this year

Amazon's acquisition of MGM would add to frenzy for streaming assets
Updated On : 18 May 2021 | 10:01 PM IST

India grapples with LNG oversupply as coronavirus dashes demand

At least three companies have asked to delay shipments slated for May and June delivery, according to traders with knowledge of the matter

India grapples with LNG oversupply as coronavirus dashes demand
Updated On : 18 May 2021 | 6:46 PM IST

'Entire families' wiped out, anger grows as Covid-19 engulfs rural India

In Basi, about 1.5 hours from the capital New Delhi, about three-quarters of the village's 5,400 people are sick and more than 30 have died in the past three weeks.

'Entire families' wiped out, anger grows as Covid-19 engulfs rural India
Updated On : 18 May 2021 | 8:28 AM IST

Amazon in talks to buy movie studio MGM for about $9 billion:Report

MGM would help bolster Amazon's Prime streaming service, the Information and Variety said in reports. Amazon is weeks into negotiations to buy studio for about $9 billion, according to Variety.

Amazon in talks to buy movie studio MGM for about $9 billion:Report
Updated On : 18 May 2021 | 7:22 AM IST

Covid-19: The world economy is suddenly running low on everything

Surging corporate demand is upending global supply chains

Covid-19: The world economy is suddenly running low on everything
Updated On : 18 May 2021 | 4:27 AM IST

Microsoft conducted probe on Bill Gates' involvement with employee

The board reviewed the matter and held a "thorough investigation" with the help of an external law firm, the software giant said

Microsoft conducted probe on Bill Gates' involvement with employee
Updated On : 18 May 2021 | 4:22 AM IST

Elon Musk fuels Bitcoin volatility by saying Tesla hasn't sold stake

The drama started on Sunday after Musk sent a tweet that raised questions about whether Tesla might have already sold its stake

Elon Musk fuels Bitcoin volatility by saying Tesla hasn't sold stake
Updated On : 18 May 2021 | 1:05 AM IST
Gojek to merge with Tokopedia to create $18-bn Indonesia tech giant
Updated On : 17 May 2021 | 3:47 PM IST

AT&T to create a streaming giant with Discovery by merging media assets

Discovery shares jumped 16% in premarket trading. AT&T shares rose 1.4%.

AT&T to create a streaming giant with Discovery by merging media assets
Updated On : 17 May 2021 | 3:43 PM IST

Sanofi, Glaxo covid vaccine works well in mid-stage study, shot on track

Volunteers showed a similar antibody response to people who have recovered from the coronavirus, the companies said in a statement Monday.

Sanofi, Glaxo covid vaccine works well in mid-stage study, shot on track
Updated On : 17 May 2021 | 12:41 PM IST

China vaccinating almost 14 million people a day, fastest in world

The ramp up in shots is being helped by a flareup of cases in the eastern province of Anhui and northeastern region of Liaoning.

China vaccinating almost 14 million people a day, fastest in world
Updated On : 17 May 2021 | 11:59 AM IST

Post-Covid offices emphasise on empathy, wellness to get workers back

Paperspace Asia, a Southeast Asian firm that connects designers, lighting consultants and sound engineers with companies grappling with one of the biggest global post-Covid labor market challenge

Post-Covid offices emphasise on empathy, wellness to get workers back
Updated On : 17 May 2021 | 9:20 AM IST