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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

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

China's population shrinks for first time since 1960s in seismic shift

China had 1.41 billion people at the end of last year, 850,000 fewer than the end of 2021, according to data released by the National Statistics Bureau on Tuesday

International trade faces a stagnant decade lagging the world economy

Trade largely tracked the growth rate of world GDP during the decade preceding the pandemic

Foxconn replaces chief of iPhone assembly business after tumultuous year

Michael Chiang was first identified in his new role at Taiwan-based Foxconn's annual year-end party on Sunday, succeeding longtime leader Wang Charng-yang

Japan, India hold their first joint air drill as China concerns grow

About four F-2 and four F-15 fighters are expected to take part in the drills that started Monday and will run through around Jan

European gas slumps to 16-month low on back of strong supply outlook

Gas markets have turned calmer after a tumultuous period last year when energy prices surged to records and hammered economies everywhere

India now buying 33 times more Russian oil than a year earlier

The country is now easily India's biggest source of oil after overtaking Iraq and Saudi Arabia several months ago.

Nepal plane crash killing 68 further blights its bad air safety record

As many as 20 Nepalese airlines are prohibited from flying to Europe

China's 'economic reboot' to offer boost to flagging world economy

A domestic recovery in China will lend itself to firmer import demand and the purchases of foreign brands

Fractal Growth Partners eyes $250 mn fund to invest in Indian tech startups

"It's targeting investments of $10 million to $15 million per target company and plans to close the investments in about five years"

This isn't your mom and dad's recession: BofA's Savita Subramanian

The market could go as high as 4,600, which would be a pretty great year, says Savita Subramanian

Refining troubles: Huge sanctions looming for fuel that powers the world

India's role in supplying Europe is notable because it has become one of the biggest buyers of discounted Russian crude since the war broke out

Chinese govt pledges crackdown aimed at cooling surging iron ore prices

Authorities in China are also seeking to bolster their influence over iron ore pricing in the longer term by consolidating purchases on behalf of about 20 of the country's largest steelmakers