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Amazon boosted junk ads, deleted messages to thwart antitrust probe: US FTC

The FTC alleges that Amazon's increased use of ads boosts profits while it harms sellers and consumers, making it harder for shoppers to find products they are searching for

Amazon boosted junk ads, deleted messages to thwart antitrust probe: US FTC
Updated On : 03 Nov 2023 | 11:35 PM IST

Steel expansion plans threatened by scrap metal export restrictions

The country's consumption of ferrous scrap metal will jump 50% to 60 million tons by the end of the decade, and imports will double to about 20 million tons, it estimates

Steel expansion plans threatened by scrap metal export restrictions
Updated On : 03 Nov 2023 | 10:20 PM IST

India debut 50-year bond fully sold on increasing insurer demand

The government sold Rs 10,000 crore ($1.2 billion) of the 2073 bond at a cutoff yield of 7.46 per cent, the Reserve Bank of India said in a statement

India debut 50-year bond fully sold on increasing insurer demand
Updated On : 03 Nov 2023 | 2:20 PM IST

Top US law firms ask Harvard, Yale to take clear stance on antisemitism

Antisemitic incidents have soared since the war began, and the conflict has bitterly divided dozens of campuses, including Harvard University, Stanford University and the University of Pennsylvania

Top US law firms ask Harvard, Yale to take clear stance on antisemitism
Updated On : 03 Nov 2023 | 9:19 AM IST

Apple Inc warns of sluggish holiday quarter after sales in China slow down

Though iPhone revenue is expected to increase in the December quarter, overall sales will be similar to the year-earlier period, Chief Financial Officer Luca Maestri said on a conference call Thursday

Apple Inc warns of sluggish holiday quarter after sales in China slow down
Updated On : 03 Nov 2023 | 6:58 AM IST

70-hour workweek: Here's why Murthy's suggestion won't help India grow

The insight that the more you work, the less you produce in your extra hours on the job has a long history

70-hour workweek: Here's why Murthy's suggestion won't help India grow
Updated On : 03 Nov 2023 | 6:50 AM IST

Russia to face trial in Britain over $60 billion unpaid dues to Yukos Oil

The Wednesday ruling is the latest staging post in a sprawling legal saga that's dragged on for two decades

Russia to face trial in Britain over $60 billion unpaid dues to Yukos Oil
Updated On : 02 Nov 2023 | 11:50 PM IST

Adani Green in talks to borrow $1.8 billion loan from foreign lenders

The loan proceeds will be used to build new capacity in solar and wind projects, said the people, who asked not to be named as the matter is private

Adani Green in talks to borrow $1.8 billion loan from foreign lenders
Updated On : 02 Nov 2023 | 11:29 PM IST

Google, Microsoft bet on Stanford alum to make AI work for billion users

''Every year, big tech companies spend billions of dollars collecting training data for their AI" and machine learning models, said Manu Chopra

Google, Microsoft bet on Stanford alum to make AI work for billion users
Updated On : 02 Nov 2023 | 5:31 PM IST

Abu Dhabi considering investment pledges worth $50 billion for India

Provisional pledges from the UAE could be announced early next year, people familiar with the matter said, asking not to be named as the information is not public

Abu Dhabi considering investment pledges worth $50 billion for India
Updated On : 02 Nov 2023 | 2:32 PM IST

CEA V Ananatha Nageswaran sees RBI holding fire if US Fed hikes rate again

The Federal Reserve left interest rates unchanged on Wednesday while still keeping alive the possibility of more hikes given inflation remains above its 2 per cent target and economic growth is strong

CEA V Ananatha Nageswaran sees RBI holding fire if US Fed hikes rate again
Updated On : 02 Nov 2023 | 10:58 AM IST

Record number of small, medium-sized firms going public in India this year

So far in 2023, 184 firms have gone public in the South Asian nation, more than in any other full year, according to data compiled by Bloomberg

Record number of small, medium-sized firms going public in India this year
Updated On : 02 Nov 2023 | 10:42 AM IST

Ambani's Reliance Industries considers record $1.8 billion bond sale

The transaction, if it concludes, would be the biggest rupee sale ever for Reliance, Bloomberg-compiled data show. It would also be the conglomerate's first domestic bond since 2020

Ambani's Reliance Industries considers record $1.8 billion bond sale
Updated On : 02 Nov 2023 | 9:36 AM IST

Asia largely spared from global job cuts, says Barclays CEO Venkatakrishnan

"It is a reduction in workforce generally speaking," CEO C.S. Venkatakrishnan said in a Bloomberg TV interview Thursday in Singapore"

Asia largely spared from global job cuts, says Barclays CEO Venkatakrishnan
Updated On : 02 Nov 2023 | 8:16 AM IST

Taiwan probes alleged election graft linked to Foxconn's founder Gou

The Central Election Commission will announce by Nov. 14 whether Gou has enough signatures

Taiwan probes alleged election graft linked to Foxconn's founder Gou
Updated On : 02 Nov 2023 | 12:01 AM IST

Behavioural ads: Meta faces EU crackdown on leveraging personal data

Regulators signed off on the new restrictions just as Meta announced its own plan to offer an ad-free version of the social media sites if users choose to pay a fee

Behavioural ads: Meta faces EU crackdown on leveraging personal data
Updated On : 01 Nov 2023 | 11:57 PM IST

Alphabet to pay $40 million to Match to settle Google Play antitrust battle

Lawyers representing Match and Google said in a court filing Tuesday they've agreed to drop all claims and counterclaims against each other

Alphabet to pay $40 million to Match to settle Google Play antitrust battle
Updated On : 01 Nov 2023 | 11:40 PM IST

Tata Steel cancels press conference as UK workers brace for job cuts

People familiar with the matter had said the firm was set to announce the restructuring of its operations at the Port Talbot site in south Wales

Tata Steel cancels press conference as UK workers brace for job cuts
Updated On : 01 Nov 2023 | 10:16 PM IST

Unemployment rate in October rises to more than two-year high, says CMIE

The weakest monsoon rains in five years is weighing on farming output in the world's second-biggest producer of rice, wheat and sugar

Unemployment rate in October rises to more than two-year high, says CMIE
Updated On : 01 Nov 2023 | 7:34 PM IST

Infosys asks some staff back in office 10 days a month, bucks global trend

Since the pandemic, they had been allowed to work remotely full-time, and the company's other employees are still permitted to do so

Infosys asks some staff back in office 10 days a month, bucks global trend
Updated On : 01 Nov 2023 | 12:20 PM IST