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Bill to sanction Russia's trading partners would get my backing, says Trump

The bill would allow Trump to impose tariffs of up to 500 per cent on imports from countries that buy Russian energy products and are not actively supporting Ukraine

Why Chinese shoppers are choosing local luxury over premium foreign brands?

As the economy cools, spending on foreign premium brands has stalled. Instead, when Chinese consumers do splash out, they're turning to homegrown labels

Google planning to invest $40 billion in 3 new data Centres in Texas

Texas has become a magnet for data centers as companies chase relatively cheap energy, vast tracts of land, and a state eager to host the infrastructure that's powering AI boom

South Korean conglomerates pledge $550 billion domestic investment

Hyundai Motor Group pledged 125.2 trillion won over the same period

'Pop Mart's Labubu frenzy raises fears of Beanie Baby-style collapse'

The hype over the sharp-fanged monster dolls is about to peak, and doubts about the next sales driver for owner Pop Mart International Group Ltd. suggest its shares have limited upside

Ex-Fed Governor Adriana Kugler resigned after violating trading rules

Kugler's resignation gave Trump an earlier-than-expected opportunity to fill a slot on the Fed's board in the midst of his intense pressure campaign urging policymakers to drastically lower rates

Google to lift India's data hub plan above $15 billion, says Naidu

He added that Andhra Pradesh has commitments to build 5.5 GW of data centers from companies including Reliance Industries Ltd

India's top tech schools see opportunity in Trump's H-1B visa curbs

Country's brightest engineers no longer see US jobs as essential for success; rising growth prospects at home are reshaping career ambitions

Warren Buffett's Berkshire builds $4.9 billion stake in Alphabet

Berkshire's Alphabet stake, representing 0.31 per cent of the outstanding shares, according to a regulatory filing Friday, was worth about $4.9 billion as of the market close

Made 'progress' on stopping flow of drugs from Venezuela, says Trump

US has called Venezuela's leader, President Nicolas Maduro, illegitimate and the head of a drug-trafficking network

Google offers ad tech changes to settle €3 bn EU antitrust order

Despite the offer, the company said it still disagrees with the European Commission's September decision and plans to appeal

OpenAI, Apple lose bid to toss Elon Musk xAI suit over competition

The lawsuit seeks billions of dollars in damages from Apple and OpenAI, based on claims that Apple's decision to integrate OpenAI into the iPhone's operating system inhibits competition

Nike ends initiative that offered employees a week off for wellness

Nike's annual "Wellness Week," had been held each August, with the world's largest sportswear company powering down its corporate headquarters in Beaverton, Oregon, to give staff more time to unwind

Verizon weighs up to 20,000 layoffs as new CEO Dan Schulman takes charge

Verizon has about 100,000 employees. The planned cuts are part of an aggressive strategy that Schulman recently unveiled to reclaim market share

SBI Funds Management looks to raise $1.2 bn via IPO in first half of 2026

India's biggest asset manager plans to ask banks to pitch for mandates to work on the IPO in the coming weeks; SBI Funds may be valued at $12 billion

Big Tech's Climate Strategists Feeling Strain of AI Power Needs

One of Trump's biggest moves against renewables was to use massive tax bill he signed in July to strip away clean energy incentives created through his predecessor Joe Biden's Inflation Reduction Act

Trump needs 'real chance' of ending war to meet Putin, says Rubio

In October, Trump announced surprise plans to hold a new summit with Putin to discuss the war in Ukraine after the two spoke by phone

China targets tax evasion by sellers on Amazon, other e-commerce sites

Tax bureaus across China in recent months told major platforms to submit some Chinese merchants' third-quarter revenue in a bid to curb underreported sales

Blackstone's AirTrunk targets India for its next data facility: CEO

Investors are pouring billions of dollars into artificial intelligence services like OpenAI's ChatGPT, and the data centers required to power them

China heads for longest slowdown in consumption growth since post-covid

Top government and Communist Party officials regularly state that they're committed to lifting domestic spending - something the US and other major trading partners have also long demanded