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Ola Electric founder Bhavish advances plan for IPO as e-scooters take off

The company, whose backers include SoftBank Group Corp. and Tiger Global Management, has become leader in India's electric-scooter market with a 38% share

Musk told to focus on Tesla as electric car rivals BYD, GM pick up pace

Rival automakers pouncing on booming demand for electric vehicles pose the biggest challenge for Tesla over the next two years

Turkiye raises fuel taxes by almost 200% on high earthquake costs

The new special consumption taxes on different types of fuel - including gasoline and diesel - were published in the Official Gazette

UK signs pact to join Pacific trade deal, focus now turns to China

Formerly known as the TPP, the agreement at one time included the US and was seen as a way of containing China's growing influence in the Asia Pacific

London workers more gloomy about prospects of finding a new job: Report

About 38% of people in London said they were "not confident" about their ability to find another job in three months if they lost the one they had, according to a survey by Deltapoll

Israel quietly embeds AI systems in deadly military ops as tensions surge

Though the military won't comment on specific operations, officials say that it now uses an AI recommendation system that can crunch huge amounts of data to select targets for air strikes

Treasury Secy Yellen hopes to build on US-China thaw at India G20 gathering

After Yellen held landmark talks in Beijing July 6-9, she's now in Gandhinagar, India, for a gathering of finance ministers and central bank governors from Group of 20 countries

Twitter cash flow remains negative, rate limit to be changed, says Musk

Separately, the billionaire announced late Saturday the platform will increase the number of tweets verified accounts can see each day by 50%, following complaints from users

Pfizer's proposed $43 bn takeover of Seagen faces EU investigation

If the takeover goes through, Seagen's portfolio would double Pfizer's pipeline of early-stage experimental cancer therapies, Pfizer has said

G-20 finance chiefs to debate war, debt distress and inflation in India

The discussions among the Group of 20 nations come as the war drags on for nearly 17 months, slowing the global economy and keeping policymakers on edge over resurgent inflation and stuttering growth

US lawmakers wary of Zuckerberg's Threads but about half have signed up

Members of Congress for now appear to be largely putting those concerns aside rather than risk missing out of a popular new communications tool

US appeals court denies FTC bid to block Microsoft-Activision deal

Activision climbed as much as 4.4% in after-hours trading, rising to $94 from its close of $90.07. Microsoft gained 1.5%

Mitsubishi Motors suspends China business indefinitely after slow sales

The transition from gasoline cars to cleaner vehicles had hit its line-up

Biden administration announces $39 billion student debt forgiveness plan

The new plan counts more payments toward a forgiveness program that kicks in when borrowers have made the equivalent of either 20 or 25 years worth of payments

Nirma, Sekhmet Pharmaventures vie for $731 mn Glenmark Life stake: Reports

Suitors have entered final round of bidding for stake of about 83% in Mumbai-listed company held by Glenmark Pharmaceuticals Ltd., said people, who asked not to be identified as information is private

Musk still owes us $1.6 mn for legal bills: Ex-Twitter executives

The group - led by ex-Twitter Chief Executive Officer Parag Agrawal - says the legal bills accrued in connection with lawsuits and government probes of the company's activities while they ran it

Actors go on strike in latest blow to struggling Hollywood studios

The impact of the simultaneous strikes, if they last more than a few days, is likely to be wider than the walkout by the writers alone

Here's what makes South Korea the world's fastest-growing whisky market

The higher price tag is worth it, according to Choi and many of his peers. South Koreans consumed 14.2 million liters of whisky in 2022, small amount compared with other nations, but up 46% from 2021

Yamuna river reclaims ancient banks around Red Fort as Delhi floods

Authorities have evacuated more than 20,000 people in the city after torrential rain in northern India pushed water levels on the Yamuna to an all-time high

Passport, money, AirTag? Here's what has brought luggage woes back

A year after air travel stormed back from pandemic lows, overwhelming the system with airport chaos and luggage pileups, airlines are still struggling to keep up