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US says China curbed 'dangerous' military acts after Xi Biden meet

That development suggests relations between the world's two largest economies are improving after Biden and Xi met in San Francisco in November for the first time in a year

Amazon sellers worry over misleading AI product reviews impacting sales

Product reviews have been a central part of shopping on Amazon for almost three decades, providing word-of-mouth referrals that boost the confidence of those who otherwise might be hesitant

Blackstone to exit embassy office parks in biggest India block sale in FY24

Affiliates of Blackstone Inc. are seeking to exit India's Embassy Office Parks REIT in an $833 million deal that will be the country's biggest block trade this year

Alphabet reaches $700 mn deal in Google Play feud, to alter policies

The deal disclosed in a court filing late Monday calls for tweaks to Google Play policies designed to reduce barriers to competition in the markets for app distribution and payment processing

Hindenburg's Adani Group, Icahn calls mark year of prominent bets

The US firm kicked off 2023 with allegations of accounting fraud and stock manipulation against Indian billionaire Gautam Adani's conglomerate that led to a market value erosion of more than $150 bn

Govt lashes out at IMF for saying currency intervention excessive

As a result, the IMF reclassified India's foreign-exchange regime to a "stabilized arrangement" from a "floating" system, it said in its annual Article IV country report released on Monday

Share-sale frenzy in Indian market seen continuing in 2024, say bankers

Initial public offerings and follow on share sales in India this year exceeded Hong Kong for the first time in at least 30 years, according to data compiled by Bloomberg

Apple Inc loses one of its last remaining designers from Jony Ive era

The executive worked on hardware design for Apple's main products and helped craft the look of its headquarters and retail stores

Apple plans rescue for $17 bn watch business just days ahead of ban in US

Apple could settle with Masimo, though that's a route it typically prefers not to take. And the two companies don't appear to have engaged on that front

Software firm Ebix files bankruptcy after short-seller attacks, debt woes

Publicly traded Ebix is the parent of Indian fintech company EbixCash, which facilitates payments, foreign exchange and prepaid gift cards.

IBM to buy two software AG data platforms for $2.3 bn to strengthen AI

International Business Machines Corp. has agreed to buy data-integration platforms StreamSets and WebMethods from Software AG for €2.13 billion ($2.3 billion) in cash in an effort to strengthen its AI

Goldman Sachs ramps up credit business in India, targets rich diaspora

Goldman joins Wall Street lenders and private equity giants chasing opportunities in an economy that is forecast to grow 7% in the year ending March

Apple to stop selling its latest smartwatch in US due to patent dispute

Sales of the Apple Watch Series 9 and Ultra 2 will be halted on the company's online store on Dec. 21 and at its physical retail stores beginning on Christmas Eve, it said in a statement

British firm Arm lays off over 70 engineers in China, relocating roles

Arm Holdings Plc has recently laid off over 70 software engineers in China though it will relocate some of the roles outside of the Asian nation, according to people with knowledge of the move.

From India to Australia, Goldman sees banks easing policy earlier after Fed

Still, Goldman expects the rate reductions in the Asia-Pacific to be fewer and shallower than Fed officials' projected easing cycle

Kuwait's new ruler, Sheikh Mishaal, must fix old problems to seek reforms

Kuwait has lacked a stable government for many years, often reaching a level of political impasse that contrasts with the unchallenged power wielded by ruling families in neighboring Gulf countries

Deloitte is now looking at AI to help avoid mass layoffs in future

Deloitte LLP is using AI to evaluate existing staffers' skills and map out plans that would shift employees away from quieter parts of the business and into roles that are more in demand

Zee directors lose vote as clock ticks down on Sony deal deadline

Independent directors Sasha Mirchandani and Vivek Mehra "failed to get the requisite majority of votes," the company said in an exchange filing

Elon Musk brands 'diversity, equity and inclusion' as 'propaganda words'

The billionaire is chief executive officer and the largest shareholder of Tesla, the electric-vehicle maker which has boasted that underrepresented groups make up the majority of its US workforce

Addicted to Disney: Why former executives find it hard to stay away

In his book, The Hero's Farewell: What Happens When CEOs Retire, Yale University professor Jeffrey Sonnenfeld chronicled several personality types who find it hard to leave