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EVs head for junkyard as mechanic shortage inflates repair costs in UK

Once there are more fully trained EV technicians, repair rather than replace becomes a more viable proposition, an expert said

UK PM Sunak resists call to set election date amid leadership threat

A general election must be held by the end of January and Sunak has said his "working assumption" is it will be in the second half of 2024

Janet Yellen likely to reiterate warnings over China's manufacturing power

With its dominant voice in all of those forums, the US is expected to try to align other countries across Europe, Asia and Latin America to voice concerns over China's output and exports

IMF Chief Kristalina Georgieva wins second term ahead of Spring meetings

Georgieva, 70, led IMF's efforts to aid indebted countries through pandemic and has warned about the global economic impact of trade fragmentation caused by worsening US-China relations

Emerging-market bulls bet on PM Narendra Modi's return as election nears

In 2019, the alliance led by the BJP won more than 350 of the 543 seats in the lower house of Parliament

Chinese-owned Dutch chipmaker Nexperia Holding hit with cyberattack

The company was last year subject to an investigation by the Dutch government related to its acquisition of chip firm Nowi Energy BV as the state increased its scrutiny of Chinese tech investments

Like Donald Trump, Biden used political donations to cover lawyer fees

The DNC paid $1.1 million to Bob Bauer PLLC, the firm of the veteran political lawyer, hired to defend Biden in the investigation over his mishandling of classified documents

Apple plans to overhaul entire Mac Line with AI-focused M4 processors

Apple shares gained more than 2% to $171.20 as of 1:12 p.m. in New York on Thursday. They had been down 13% this year through Wednesday's close

Ukrainian drone attacks on Russia refineries may disrupt diesel market: IEA

Ukrainian drones have ramped up attacks on Russia's oil industry this year in an attempt to disrupt fuel supplies to the military and curb the Kremlin's revenue

Japan's MUFG discusses buying 20% stake in HDFC Bank's IPO-bound arm

The move marks the latest in a string of acquisitions by Japan's top banks in India

Tamil Nadu to pitch itself aggressively as manufacturing site for Tesla

Tesla's Chief Executive Officer is set to visit India and meet with PM Modi, who's seeking a third term in office in federal elections starting later this month

Indian tech earnings may indicate worst is over for showpiece sector

Executives from TCS and Infosys told investors after third-quarter earnings that the market had stabilized and clients were spending on AI-driven projects and software services

Prez Biden surpasses Trump's record for blacklisting chinese entities

In February, the US added eight companies to the entity list, quietly taking Biden past Trump's record, with six more added this week

Troubles for Indian IT firms linger as clients tighten their budgets

Accenture Plc lowered its revenue outlook last month, citing a pullback in software spending by Wall Street firms, which are among the Indian companies' biggest clients

Bharti Hexacom set to start trading after country's biggest IPO in a year

Bharti Hexacon's IPO is the country's largest since Mankind Pharma Ltd. raised Rs 4,330 crore a year ago

Forex derivatives fiasco puts spotlight on regulatory risk in India

Zerodha Broking Ltd. warned its clients to close open positions and cautioned about liquidity drying up

Unilever faces new risk as India's consumers turn pickier, more demanding

India's personal-care sector is estimated to become a $33 billion market by 2027 from $20 billion in 2022, according to Redseer Management Consulting Pvt

Biden predicts Fed will cut rates by end of year despite high inflation

Biden in a statement earlier Wednesday acknowledged the administration had more to do to lower prices

Alphabet heads toward $2 trn valuation with investors cheering AI progress

The stock is heading back toward what would be a record $2 trillion market value - a milestone surpassed only by Microsoft Corp., Apple Inc. and Nvidia Corp

Big Tech's 'interconnected web' of AI investments concerns UK's CMA

The Competition and Markets Authority said Thursday it's uncovered an "interconnected web" of partnerships and investments within AI involving a handful of the same tech firms