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Big Tech sheds $200 billion in value as earnings disappoint this year

The seven companies have been the story of the year in the stock market, with a frenzy of interest around artificial intelligence fuelling gains for many of them

At 4.9%, US third-quarter GDP grows at the fastest pace in two years

A closely watched measure of underlying inflation, meanwhile, cooled to the slowest pace since 2020

Adani Group seeking to raise $4 bn to fund green hydrogen plans

Tycoons like Adani and his rival Mukesh Ambani are betting on green hydrogen as Prime Minister Narendra Modi seeks to establish India's leadership in the transition toward cleaner technology

Case to break up Google hinges on 'four taps and a swipe': Report

Microsoft ended up losing its monopoly trial, but after an appeal the company settled in the early aughts with the Justice Department

Option traders see RBI's grip on Rupee lasting for the rest of 2023

The rupee has weakened about 0.5 per cent this year, the least among Asia's emerging markets, thanks to inflows of nearly $18 billion and RBI intervention

Here's why Disney's deal to sell Indian ops will follow Murdoch's logic

The Star India business came to Disney as part of a $71 billion global acquisition of 21st Century Fox Inc.'s entertainment assets

Microsoft sales top forecast, bolstered by cloud-computing growth

The shares climbed as high as $351.95 in extended trading following the report, after closing at $330.53 at the close in New York

Alphabet shares slump over 8% as cloud unit services misses estimates

As Google's dominant search business matures, investors are looking to the cloud unit to take the lead on growth. The unit reported operating income of $266 million, missing estimates of $434 million

UK blames GenZ, Millennial's busy lifestyle for upending labour data

The trend forced the ONS to scrap its usual data on employment and unemployment on Tuesday

Israeli firms trying to keep up with worker shortages, missed deadlines

Some offices have lost significant portions of their workforce to the army reserves

Prolonged Israel-Hamas war means higher interest rates for longer: IMF

Inflation is still high and that requires interest rates to remain high, throwing more cold water on growth, said IMF

SR Batliboi, an Adani Group auditor and EY member firm, faces NFRA inquiry

The National Financial Reporting Authority, or NFRA, has in recent weeks started an inquiry into one of the member firms of EY in India

AI backlash may anger thousands of employees in UK, says Infosys Partner

The remarks ahead of Prime Minister Rishi Sunak's AI Summit next week underscore the stakes for policymakers facing a rapid shift in the nature of work

Apple raises prices of media streaming service TV+ to $9.99 per Month

The TV+ price increase is only the second in its four-year history. It was originally offered at $4.99 when it launched in 2019

Emerging markets need $1.5 trn to boost greener construction, says IFC

IFC typically provides commercial financing priced at market rates

Amazon warehouse workers' injuries more widespread than thought: Study

The new national study, published Wednesday by the University of Illinois Chicago's Center for Urban Economic Development, found that 69% of workers surveyed stayed home without pay to recover

Google, Nvidia back startup that helps navigate AI chip shortage

Big-name backers are betting on young firms like CentML to find innovative ways around those constraints

Google, US bank coalition pledge billions to underserved businesses

The Biden Administration announced a series of measures to boost small and minority-owned businesses ahead of its annual Freedman's Bank Forum

Carbon removal isn't just for corporations, individuals pay for it too

There are a number of ways to permanently remove carbon from the atmosphere, ranging from directly capturing CO2 from the air to spreading crushed volcanic rocks

No more euphemisms: India's sell-side researchers should say what they mean

Last time, trouble erupted in banking, and this time, it is brewing in outsourcing. Euphemisms are more damaging than the unvarnished truth