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Vedanta inches closer to regain control over Zambia copper assets

The Zambian government placed Konkola Copper Mines Plc, 79.4% owned by Vedanta, into provisional liquidation in 2019, and has since been locked in legal battles with the company over the asset

UK economy may fall further behind euro area next year, forecast suggests

Gross domestic product is expected to grow by 0.6% in 2024, well below the 1% gain anticipated in the euro area, a monthly survey of economists by Bloomberg showed

Microsoft to keep 'Call of Duty' on Sony PlayStation in a 10-year deal

The deal is for 10 years, a Microsoft spokesperson said. Microsoft inked a 10-year deal last year with Nintendo Co. Ltd. for the availablility of Call of Duty

India and Indonesia plan local currency trade, fast payments links

The proposed agreements with Indonesia comes as India inked similar pacts with the United Arab Emirates over the weekend, which will see more trades done in rupees and dirhams

Hydropower in Himalayan states restart as floods recede but more rain looms

Plants managed by NHPC Ltd., JSW Energy Ltd., SJVN Ltd. and Jaiprakash Power Ventures Ltd. are operating again after being clogged by silt from the floods, according to the regional grid operator

China intensifies joint military exercises with Russia amid US sanctions

China and the armed forces of Vladimir Putin conducted six joint military exercises together last year, the most in data going back two decades

Ola Electric founder Bhavish advances plan for IPO as e-scooters take off

The company, whose backers include SoftBank Group Corp. and Tiger Global Management, has become leader in India's electric-scooter market with a 38% share

Musk told to focus on Tesla as electric car rivals BYD, GM pick up pace

Rival automakers pouncing on booming demand for electric vehicles pose the biggest challenge for Tesla over the next two years

Turkiye raises fuel taxes by almost 200% on high earthquake costs

The new special consumption taxes on different types of fuel - including gasoline and diesel - were published in the Official Gazette

UK signs pact to join Pacific trade deal, focus now turns to China

Formerly known as the TPP, the agreement at one time included the US and was seen as a way of containing China's growing influence in the Asia Pacific

London workers more gloomy about prospects of finding a new job: Report

About 38% of people in London said they were "not confident" about their ability to find another job in three months if they lost the one they had, according to a survey by Deltapoll

Israel quietly embeds AI systems in deadly military ops as tensions surge

Though the military won't comment on specific operations, officials say that it now uses an AI recommendation system that can crunch huge amounts of data to select targets for air strikes

Treasury Secy Yellen hopes to build on US-China thaw at India G20 gathering

After Yellen held landmark talks in Beijing July 6-9, she's now in Gandhinagar, India, for a gathering of finance ministers and central bank governors from Group of 20 countries

Twitter cash flow remains negative, rate limit to be changed, says Musk

Separately, the billionaire announced late Saturday the platform will increase the number of tweets verified accounts can see each day by 50%, following complaints from users

Pfizer's proposed $43 bn takeover of Seagen faces EU investigation

If the takeover goes through, Seagen's portfolio would double Pfizer's pipeline of early-stage experimental cancer therapies, Pfizer has said

G-20 finance chiefs to debate war, debt distress and inflation in India

The discussions among the Group of 20 nations come as the war drags on for nearly 17 months, slowing the global economy and keeping policymakers on edge over resurgent inflation and stuttering growth

US lawmakers wary of Zuckerberg's Threads but about half have signed up

Members of Congress for now appear to be largely putting those concerns aside rather than risk missing out of a popular new communications tool

US appeals court denies FTC bid to block Microsoft-Activision deal

Activision climbed as much as 4.4% in after-hours trading, rising to $94 from its close of $90.07. Microsoft gained 1.5%

Mitsubishi Motors suspends China business indefinitely after slow sales

The transition from gasoline cars to cleaner vehicles had hit its line-up

Biden administration announces $39 billion student debt forgiveness plan

The new plan counts more payments toward a forgiveness program that kicks in when borrowers have made the equivalent of either 20 or 25 years worth of payments