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TVS owned Norton Motorcycles plans electric range production in UK

The iconic British motorcycle maker, now owned by India's TVS Motor Co., will work with six UK partners including Delta Cosworth, HiSpeed Ltd

Why Reliance opted out of TV rights in battle for IPL media rights

Viacom18 paid 238 billion rupees ($3.1 billion) for the rights to stream the IPL tournament, one of the world's most-watched sporting events, almost on par with what Disney shelled out

Thailand aims to woo tourists, scraps pre-travel registration for visitors

The country's main Covid-19 task force approved the proposal to scrap the so-called Thailand Pass requirement for overseas tourists, Tourism Minister Phiphat Ratchakitprakarn told reporters Friday

Airline staff shortages threaten to ruin millions of summer holidays

From Sydney, where passengers are waiting for hours to check in, to chaotic scenes in India and Europe, the aviation industry doesn't have nearly enough people to run operations smoothly

Sri Lanka's economic activity grinds to a halt as fuel supplies run dry

Amidst fuel crisis in Sri Lanka, the government declared Friday a holiday for public offices and schools to curtail vehicular movement, leaving many roads in and around the capital Colombo deserted

US in better position than any other nation to deal with inflation: Biden

At the same time, Biden acknowledged that Americans are "really, really down" on the state of the country

China budget deficit hits record high amid tax rebates, Covid pain

The drop in revenue just as more spending is needed will force local authorities to either boost their already heavy debt burden or accept weaker economic growth

Biden administration weighs limit on fuel exports as pump prices surge

Discussions around capping gasoline and diesel exports have picked up in recent days, as President Joe Biden intensified his criticism of soaring oil company profits

New York, Miami, Los Angeles, 13 other cities to host 2026 FIFA World Cup

Other cities that will host the mens' matches include Seattle, Dallas and Atlanta, according to an announcement Thursday by FIFA, soccer's global governing body.

Airlines were unprepared when travel came roaring back after hiatus

As countries reopen borders and Covid curbs fall away, travel has sprung back with such voracity that it's resulted in an unprecedented labor crunch

Tesla investor files suit against Elon Musk over 'toxic' work culture

A Tesla Inc. investor accused the electric-vehicle maker's officers and directors in a lawsuit of allowing a "toxic workplace culture" to fester at the company

Spiraling food crisis looms as Sri Lankan farmers abandon fields

Fears of a hunger crisis are rising in Sri Lanka, a teardrop-shaped island south of India. Shortages of items like flour and milk powder are widespread

Apple Inc faces new lawsuit in UK, accused of misleading iPhone customers

The suit alleges that Apple abused its dominant market position by informing customers that software updates from late 2016 improved the battery life of the devices when in fact, it throttled it

Bank of England boosts interest rate to 13-year high as inflation soars

Policy makers led by Governor Andrew Bailey hinted that they may join a growing global trend for larger hikes if inflation continues to soar

Johnson's ethics adviser says UK PM has put him in 'odious' position

"A deliberate breach, or even an intention to do so, would be to suspend the provisions of the code to suit a political end," Geidt said in his letter to the PM. "I can have no part in this."

India proposes settling Russia trade in rupees as purchases rise: Report

New Delhi plans to use about $2 billion equivalent of rupees deposited at Russia's state-controlled VTB Bank PJSC and Sberbank of Russia PJSC

Revlon Inc files for bankruptcy amid high debt, supply chain pain

Revlon Inc. filed for Chapter 11 bankruptcy, unable to manage its heavy debt load amid the supply chain crunch and steep inflation

Supreme Court ruling on GST emboldens states against PM Modi's govt

Finance ministers from the opposition-led Kerala, West Bengal and Chhattisgarh have said they will raise the issue at a meeting of the GST Council this month

Internet Explorer shuts after 27 years, trouble builds for Japan businesses

Businesses across the country are now having to move swiftly to ensure they're still able to run operations that previously relied on apps built atop Microsoft's long-tenured browser

Five pressure points to watch in Asian markets after Fed's 75 bps hike

Asia traders are waking up to a relief rally across the Pacific after Federal Reserve Chair Jerome Powell promised the biggest rate hike since 1994 won't be the rule