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China mulls selling TikTok US to Trump-ally Elon Musk to avoid looming ban

Under one scenario that's been discussed by the Chinese government, Musk's X, the former Twitter would take control of TikTok US and run the businesses together

Apple's revamped app fees draw increased EU scrutiny under big tech rules

The company is facing the risk of a hefty fine for thwarting efforts by third-party developers to steer users toward cheaper deals and offers outside of the App Store

White House imposes new export curbs on Nvidia AI chips for China, Russia

Similar to the rules for importing countries, companies in the US and nearly 20 allied countries can agree to US government standards and win permission to ship to the restricted nations

RBI uses FX swaps to ease liquidity squeeze as rupee hits a new low

The rupee lost around 2.8 per cent against the dollar in 2024, making it one of the best-performing currencies in Asia as the greenback surged

Bank of India seeks its first dollar loan of $400 million in over a decade

Bank of India joins a slew of other Indian borrowers seeking to raise foreign currency debt this year. Reliance Industries Ltd. is looking to borrow as much as $3 billion

BSE, Asia's oldest stock bourse, seeks ways to dent rival NSE's dominance

While the BSE's is renewing its focus on lifting cash volumes, bourses globally are gearing up to boost derivatives trading amid rising volatility

What if Trump follows in Putin's footsteps for Greenland, Panama Canal?

As the president-elect Trump and some of his team members warm up for the White House, they're speaking and behaving more like President Vladimir Putin's Russia by the day

Europe threatens to trigger a global scramble for natural gas supplies

While Europe has enough gas reserves to get through this winter and prices have eased since the start of the year, inventories are being eroded by cold weather

iPhone loses global market share to rivals with Apple AI absent in China

California-based Apple has been playing catchup on artificial intelligence, with its suite of AI enhancements rolling out in stages following the launch of the iPhone 16

Space industry has room for 'multiple winners': Bezos on competition

There is going to be new uses for space that's going to drive demand for large capacity up, Bezos said on the eve of his company's first orbital rocket launch attempt

Los Angeles wildfires rage as dry winds likely to return this week

High winds will limit opportunities for firefighters to make progress against the fast-moving Palisades and Eaton fires, which have left at least 16 people dead and consumed more than 12,000 buildings

Canada has counter-tariffs ready if Trump launches trade war, says Trudeau

Trudeau, who said Jan 6 he'll resign as prime minister and Liberal Party leader, will remain in the country's highest political office until members of his party choose his successor on March 9

Sheinbaum vows Mexico won't bow to US as Trump prepares to take office

Ties between both nations will stay strong and dialogue will prevail, Sheinbaum said during the speech in a Mexico City square

Blue Origin flagship rocket set to debut in crucial SpaceX challenge

New Glenn, originally intended to launch as early as 2020, is set to lift off as soon as Monday out of Cape Canaveral, Florida, during a three-hour launch window that begins at 1 a.m. local time

Meta chief Mark Zuckerberg says most companies need more 'masculine energy'

Zuckerberg, who launched his career by rating the attractiveness of women at Harvard University, added that he grew up with three sisters and has three daughters, and wants women to succeed

Apple CEO Tim Cook's pay rises 18%; company opposes anti-diversity measure

Cook's compensation grew to $74.6 million in 2024, compared with $63.2 million the prior year, Apple said in its annual proxy filing on Friday

India sees biggest bond outflows since 2020 amid global volatility

They sold a net $705.5 million of fixed-income securities on Jan. 8, according to the Central Depository Services figures compiled by Bloomberg. That's the biggest single-day sale since May 2020

Fund managers see RBI boosting liquidity before interest rate cuts

The RBI is one of the few central banks globally that is yet to cut interest rates despite repeated calls for easing amid a slowing economy

India, Indonesia set for travel 'bonanza' as middle classes expand

Asia has seen a rather slow post-pandemic recovery compared to other parts of the world, held back by sluggish growth in its biggest economy, China

Infra lender NaBFID plans record Rs 400 bn fundraising for Jan-Mar quarter

The lender, which specialises in financing infrastructure projects, plans to raise as much as Rs 400 billion ($4.7 billion) from the local-debt market