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Amazon asks employees to return to office five days a week starting next yr

Companies have been allowing many employees to work from home since the pandemic, leaving downtown offices nearly empty in a number of cities such as San Francisco and Seattle

US FAA chief to testify before Congress on Sept 24 on Boeing quality plan

Boeing faces mounting scrutiny from Congress since a Jan. 5 mid-air emergency in a new Alaska Airlines Boeing 737 MAX 9.

OpenAI's safety committee to oversee security practices as independent body

The launch of ChatGPT in late 2022 sparked a significant wave of interest and excitement around AI

Suspect in assassination attempt on Trump was near golf course for 12 hours

Incident raised fresh questions about how an armed suspect was able to get so close to him, just two months after another gunman fired at Trump

J&J gets $260 million talc verdict overturned in Oregon, new trial ordered

J&J is facing claims by more than 62,000 plaintiffs that its baby powder and other talc products were contaminated with asbestos and caused cancer

US inflation at turning point, focus should shift to jobs: WH's Brainard

Brainard, the former Fed vice chair who now serves as the director of the White House National Economic Council, said the Biden administration's focus now is to support growth and the labour market

Strike could cost Boeing $100 million-plus in daily revenue, say analysts

A prolonged strike could cost several billion dollars, fraying the planemaker's already strained finances and threatening a downgrade of its credit rating

Big oil companies defeat US consumer lawsuit over production, prices

The court also found a lack of proof that the oil companies violated antitrust law by conspiring to raise prices

Intel foundry business to make custom chip for Amazon; shares jump 8%

Until Amazon, Intel has struggled to find marquee customers that it could discuss publicly

Rupee expected to remain steady ahead of US Fed decision this week

The 1-month non-deliverable forward indicated that the rupee will open at 83.87-83.88 to the US dollar

Asian shares tentative, dollar squashed by expectations of Fed rate cuts

Extended holidays in China and South Korea made for thin trading conditions

Monsoon dampens diesel sales for retailers in early September, shows data

Fuel demand in India, the world's third-biggest oil importer and consumer, typically falls during the four-month monsoon season beginning in June as parts of the country are affected by heavy floods

Police release striking Samsung workers detained for planning protest march

The Samsung protests have cast a shadow on Indian Prime Minister Narendra Modi's plan of courting foreign investors to "Make in India" and tripling electronics production to $500 billion in six year

How Intel lost Sony PlayStation deal worth potential $30 billion revenue

Dispute over profit margins blocked Intel-Sony deal, sources say

Water storage breach in Odisha impacts agricultural areas, says Vedanta

Vedanta Aluminium is actively addressing the breach occurred on Sep 15 as extreme weather caused elevated water levels and pressure in the facility's catchment area, a Vedanta spokesperson said

Crude oil prices stabilise ahead of US Fed interest rate decision

The market is likely to remain cautious until the Federal Reserve makes its interest rate decision on Wednesday, say experts

Credit Agricole CIB chooses carbon trading over precious metals: Report

Flight restrictions and precious metal refinery closures in early 2020 created worries that traders would not be able to move gold to the United States in time to deliver against futures contracts

India gets $386 bn funding for RE target; RIL, Adani pledge commitments

India added slightly more than 18 GW of renewable energy capacity in fiscal 2024, compared with 15.3 GW a year earlier, taking its total to 153 GW

Italy supports EU's tariffs on Chinese exports of electric vehicles

Italy is aiming for a climate of positive cooperation, and real reciprocity to avoid dumping and obstacles from Beijing

Volkswagen may book up to $4.4 bn in provisions on capacity cuts: Jefferies

Volkswagen said earlier this month it was considering shutting plants in Germany for the first time in its history