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TikTok, five other Chinese companies hit by EU privacy complaints

Noyb is known for filing complaints against American companies such as Apple, Alphabet and Meta , leading to several investigations and billions of dollars in fines

Apple Q4 iPhone shipments in China drop 25% as Huawei closes in: Canalys

US tech giant shipped 13.1 million units in China during the period, narrowly maintaining its market lead with a 17 per cent share, according to Canalys data released on Thursday

Palm oil imports to drop to 5-year low in Jan due to losses: Report

The thin lineup of vessels carrying palm oil at key ports such as Kandla, Haldia, and Krishnapatnam over the next two weeks suggests imports could drop to about 370,000 metric tons in Jan

Steel ministry seeks $1.7 bn from budget to help mills cut emissions

Finance Minister Nirmala Sitharaman will present the federal budget for the 2025-26 fiscal year on February 1

Sebi pushes Rs 250 monthly investment plans to deepen reach of equities

Sebi is looking to introduce simpler customer identification rules and lower costs as it aims to popularise small-ticket investments via mutual funds

Blue Origin reaches orbit in first New Glenn launch, misses booster landing

Thirty stories tall with a reusable first stage filled with liquid oxygen and methane, New Glenn launched around 2 am ET (0700 GMT) from Blue Origin's launchpad under cloudy skies

EU can stand up to US, China rivals with integrated energy market: IMF

Boosting Europe's economic competitiveness is a priority for the 27-nation bloc as it struggles in the race for new, climate-friendly technologies against China and the United States

China gives a wary welcome to influx of 'TikTok refugees' on RedNote

The influx of more than 700,000 new users has been driven by a looming US ban on TikTok, used by 170 million Americans, on national security concerns

Renault 2024 sales volume grows 1.3% with 2.26 mn vehicles, most hybrids

Sales growth, however, slowed sharply from the 9 per cent rise recorded in 2023, as the global auto sector faced a challenging year with inflation weighing on consumer appetite

TSMC Q4 profit jumps over 57% to record on strong demand for AI chips

World's largest contract chipmaker, whose customers include Apple and Nvidia, posted a net profit of T$374.68 billion ($11.4 billion) for the quarter ended Dec 31

European nuclear projects need de-risking to attract investors: IEA chief

Pvt sector started to invest more in nuclear in 2024 to cover growing electricity demand for data centres and artificial intelligence, but long delays and cost overruns for recent projects have hurt

Chinese buyers likely interested in unwanted German Volkswagen factories

Buying a factory would allow China to build influence in Germany's prized auto industry, home to some of the oldest and most prestigious car brands

Los Angeles 'Red Flag' wildfire warnings removed, but dangers persist

Some 6.5 million people remained under a critical fire threat, after the fires consumed an area nearly the size of Washington, DC, resulting in at least 25 deaths so far, authorities said

Dollar must remain world's reserve currency: Trump's Treasury pick Bessent

Bessent, who faces questioning before the US Senate Finance Committee, said in prepared testimony that the new Trump administration must prioritize productive investment that grows the economy

Senators demand US trade chief halt 'secret' talks on investor protections

Tai was seeking to reach binding agreements on legal interpretations of investment protections before President-elect Donald Trump takes office on Monday, the letter said

US issues fresh round of sanctions against Russia ahead of Trump's return

As part of the action, the Treasury imposed new curbs on almost 100 entities that were already under sanctions, potentially complicating any future efforts to remove the measures

Vietnam mulls removing barriers for China-made aircraft to be operational

COMAC has been eyeing Vietnam as a potential market for some time, and conducted a southeast Asia marketing tour last February, during which it flew two demonstration planes to the country

Toyota unit Hino Motors reaches $1.6 bn US diesel emissions settlement

The settlement, which still must be approved by a US judge, includes a criminal penalty of $521.76 million, $442.5 million in civil penalties to US authorities and $236.5 million to California

NYC lawsuit against Exxon, BP, Shell over climate change dismissed

With about 8.3 million people, New York City said the companies falsely portrayed themselves in ads and social media as climate change leaders despite minimal investments in clean energy

Apple may replace Goldman with Barclays, Synchrony for credit card deal

Negotiations between Apple and Barclays have been ongoing for several months, but it may still take months to strike a deal