Page 526 - Bloomberg/workspace/business Standard Web/video

Apple becomes latest major tech company to rein in hiring, spending plans

The iPhone maker is looking to limit expenditures and job growth at some of its divisions, Bloomberg reported Monday, though Apple hasn't adopted a companywide policy

Rupee declines to record low of 80.01 to a dollar as foreign funds exit

The currency has been buffeted by nearly $30 billion of foreign outflows from the nation's equities so far this year -- a record sum

Race for UK leadership heats up, Rishi Sunak nearly certain to make top two

Conservative Party MPs will vote for a fourth time in the contest to elect Johnson's successor as party leader and UK prime minister, after the latest ballot left Rishi Sunak looking almost certain

Copenhagen's Geranium rated best restaurant in the world for 2022

It's the second year in the row that a restaurant from the capital of Denmark was at the top of the list. Last year, Noma won the No. 1 spot

Netflix looks at alternative route to charge for password sharing

A basic plan allows customers to watch on one device at a time. The pricier standard plan allows for two separate devices, and the premium plan allows four

Twitter dismisses Elon Musk's bots complaints 'irrelevant sideshow'

Musk was fully aware of the bot issue when he signed the deal to buy the company, Twitter's lawyers said in a filing Monday

How Indian tutors are making millions off NEET, JEE aspirants' anxiety

The Indian test-prep market has always been about turning anxiety into cash. More than 1.5 million hopefuls scramble for a little over 100,000 medical and dentistry placements nationwide

Bitcoin rallies to trade above $22,000; Ether, Avalanche advance

June's crypto wipeout has given way to a sharp rebound, with Ether up 47% this month and Polygon more than doubling

Meta Platform's forced sale of Giphy halted as UK court orders review

A judge quashed the Competition and Markets Authority's order that Meta must sell Giphy, according to a ruling made public Monday

Gazprom declares force majeure on at least three European gas buyers

Gazprom has been delivering less gas than ordered by customers over the past month, with the company citing problems with turbines at its main pipeline to Europe that ends in Germany

Alphabet split ends era of jumbo prices for megacaps: Report

The companies billed the moves as a way to make their stocks more accessible for retail investors and that has been achieved

US is exporting inflation, and Federal Reserve hikes will make it worse

With rates in the US rising much faster than in the eurozone and Japan, the dollar is soaring

H&M to exit Russia at the cost of $190 million after purging inventory

H&M AB decided to start winding down its operations in Russia, having halted all sales in the country in March after Russia's attack on Ukraine

Did Buffett and Munger see the one wrinkle in BYD's stellar performance?

After years of sitting on an over 20 per cent stake in China's BYD Co, Warren Buffett's Berkshire Hathaway may be mulling an exit

Talk of socialism adds spice to abrasive UK leaders' debate in race for PM

Rishi Sunak accused Foreign Secretary Liz Truss and former Defence Secretary Penny Mordaunt, his two closest rivals, of "socialism" as he attacked their plans to cut taxes and borrow more

Frequent mid-air 'technical glitches' add to Spicejet's financial woes

Once an investor darling, SpiceJet is now the worst-performing airline stock in Asia, fighting a run of negative publicity triggered by a slew of seemingly innocuous but frequent technical glitches

Starbucks mulls selling UK business after coronavirus pandemic hit

The UK is Starbucks' largest market in Europe, the Middle East and Africa

Imran Khan, Shehbaz Sharif face off in Pakistan by-elections: Report

The next elections must be held by October 2023

Supply chains inching back to normal brace for headwinds of softer demand

Citi cautioned against declaring an 'all clear' on the supply front

IMF to slash global economic growth outlook 'substantially' at next review

The IMF already downgraded its outlook for the global expansion this year to 3.6 per cent, from 4.4 per cent before the war in Ukraine, in its April report