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Amazon.com Inc says its carbon emissions fell for first time in 2022

Amazon in recent years has been the biggest corporate buyer of renewable electricity

VC firm CoinFund raises $158 mn to back early-stage crypto startups

The New York-based firm had initially aimed for $125 million, but received more interest than expected, said Chief Executive Officer Jake Brukhman

Vistara prepares to merge staff into Air India as two carriers merge

Vistara, now co-owned by Tata Group and Singapore Airlines Ltd., will be folded into Air India under a deal announced in November, giving the Tatas more heft to go up against dominant IndiGo

Britain's food industry thinks worst inflation is over as costs stabilise

Britain's overall rate of inflation has remained stubbornly high this year. Economists expect it to dip to 8.2% on Wednesday

Food inflation still high worldwide; Venezuela, Lebanon worst hit

In real terms, food price inflation exceeded overall inflation in 79.8% from 163 countries where data are available, the World Bank said in its latest food security update

Singapore passport world's most powerful, replacing Japan: Henley Index

The US, which once topped the ranking nearly a decade ago, slid two places to eighth place

Janet Yellen sees disinflation pressures at work as hiring surge fades

The improvement in US inflation trends has contrasted with suggestions of outright deflationary risks in China

Foxconn buys worth $33 mn equipment from Apple for expansion in India

Apple Inc. tripled iPhone production and assembled more than $7 billion of iPhones in India last fiscal year, making almost 7% of its handsets in the country

BlackRock appoints Saudi Aramco's CEO Amin Nasser to its board: Report

Bader Al-Saad, director general and chairman of the Arab Fund for Economic and Social Development, won't stand for re-election to BlackRock's board next year, according to the statement

Evergrande Group pushes restructuring plan after $81 bn loss over 2 years

To implement one of China's largest debt restructurings ever, the company needs approval from at least 75% of each group of creditors

A 700% jump in tomato prices creates windfall for some Indian farmers

Retail prices of tomatoes were at 178 rupees ($2.20) a kilogram in Delhi on Sunday, a jump of more than 700% from Jan. 1, according to data compiled by the food ministry

Super-rich with family offices hiring away experts, other creative stars

This is an option nowadays not not just for chefs burned out by the daily grind of restaurants, but accountants, investment advisers, personal shoppers

Evergrande pushes debt restructuring after posting $81 bn loss over 2 yrs

The defaulted real estate giant asked to convene meetings for offshore creditors to approve its credit overhaul plan, after reporting long-delayed financial statements for 2021 and 2022

More money coming to New American Cricket League, says Anurag Jain

The league kicked off its inaugural season last Thursday with the Texas Super Kings beating the Los Angeles Knight Riders in Dallas

Tesla board to return $735 mn in stock awards to end suit over pay packages

The Tesla directors denied wrongdoing as part of the accord, but said they agreed to settle the case to eliminate the uncertainty, risk, burden, and expense of further litigation

US' plan to narrow limits on China tech investments likely by 2024

Officials are aiming to wrap up a proposal by the end of August for the long-delayed program to screen and possibly prohibit investment in China's semiconductor

Tokyo's heat smashes 150-year trend as extreme weather bakes globe

The hottest place in country was Kiryu, a city about two hours north of Tokyo, where the maximum temperature hit 39.7C over the weekend. Japan's all-time record is 41.1C

Here's how China beat everyone to be world leader in electric vehicles

Beijing's success is breathtaking. EVs accounted for a quarter of all passenger cars sold in China last year, far ahead of the roughly one in seven in the US and one in eight in Europe

Disney entering Mukesh Ambani's India orbit is a worry for advertisers

Indian advertisers, however, might not be as lucky as Iger, whose contract just got extended by another two years. They may be staring at an erosion of competition

Adani's go-to bankers at Barclays turn cautious after Hindenburg report

Executives at the highest levels are scrutinising ties with Adani, turning more cautious about adding new business pending a regulatory probe that's supposed to end next month