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Google parent Alphabet to cut 12,000 jobs, over 6% of its global workforce

'Thank you for working so hard', says Google after cutting 12,000 jobs

Apple to expand smart-home lineup with new displays, faster TV set-top box

The push into smart displays will start with a tablet product - essentially a low-end iPad - that can control things like thermostats and lights, show video and handle FaceTime chats

Xi Jinping says China's Covid-19 fight in new stage, faces tough tasks

Xi said the current outbreak has been 'fierce' and China still faced tough tasks, state broadcaster China Central Television reported late Wednesday

Belying slowdown fears, Indian economy's animal spirits move to the right

Prices of finished products rose as firms passed on higher input costs and business expenses

'Avatar 2' is now top-grossing pandemic-era film, surpassing 'Spider Man'

The James Cameron-directed film has taken in $1.93 billion globally, Disney said in a statement

European banks to Asian corporates, global bond sales reach nearly $600 bn

Financial firms have led the charge in global issuance this year as a sector, with year-to-date sales topping $250 billion

What to watch for after India overtakes China as most-populous nation

The challenge for India, which is estimated to grow 7% in the year ending March, is to sustain that pace of expansion in the coming decades or end up with even higher unemployment rates

India among top 3 auto mkts in the world, yet faces shortage of EV buyers

Over 4 million four-wheel vehicles were sold in India last year, surpassing Japan and coming in behind China and the US

Covid immunity lasts at least a year after infection plus shots: Study

Boosters conferred an additional 6 months of protection

Social media firms bent rules to favour Trump, finds Jan 6 committee

"Both Facebook and Twitter faced significant headwinds in taking aggressive action against problematic content by President Trump and his supporters," according to the report

In boost to Apple, India gives initial clearance to some Chinese suppliers

About 14 suppliers are receiving green light from India, after Apple named them as companies whose services it needs to increase its presence in India

WEF 2023: US debt crisis clouds Davos optimism on global economy

More than a decade after one debt-ceiling standoff led to a sovereign US rating downgrade, financial-market turmoil and a weakened economic recovery

Global tax reform may add $250 bn a year to public coffers, estimates OECD

The Paris-based organization said it is revising up calculations of potential fiscal gains based on data showing more profits of the biggest global companies would be captured

Adani to give 10% discount to investors in India's biggest follow-on offer

In a rare move for a follow-on sale, Asia's richest man will allow retail investors to pay for their purchases in tranches

Apple delays AR glasses, now plans cheaper mixed-reality headset in 2024

Apple will follow up with a lower-cost version of the mixed-reality headset as soon as 2024 or early 2025, according to people familiar with the deliberations

Amazon poised to kick off fresh round of job cuts affecting 18,000 people

The eliminations started last year and initially fell hardest on Amazon's Devices and Services group, which builds the Alexa digital assistant and Echo smart speakers

Samsung Electronics spars with India over $110 mn production incentives

The smartphone giant's India unit is seeking just under 9 billion rupees ($110 million) in incentives for the fiscal year through March 2021, people familiar with the matter said

Indian diamond traders hit by rupee risks amid Russian supply woes

"The Russians are not comfortable with the rupee invoicing as far as the gems and jewelry sector is concerned," said Gem & Jewellery Export Promotion Council

Microsoft to cut engineering jobs this week as layoffs go deeper: Report

Microsoft most recently shrank its workforce in October and July, and has eliminated open positions and paused hiring in various groups

Japan pushes global counterparts to regulate cryptocurrencies like banks

The country has been making its voice heard through the Financial Stability Board