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EU to probe Meta over handling of Russian disinformation, says report

Dozens of countries worldwide, including Britain, Austria and Georgia, will elect new leaders in 2024. The European parliament elections are also due in June

Apple's iPad operating system subject to tough tech rules, says EU

The European executive's decision followed an investigation launched in September last year. Apple's operating system iOS, its browser Safari and its App Store were designated gatekeepers last year

Israel truce proposal 'extraordinarily generous', says Antony Blinken

A source briefed on the talks said Israel's proposal entailed a deal for the release of fewer than 40 of the roughly 130 hostages believed to be still held in Gaza in exchange for freeing Palestinians

US regulator opens probe into Ford's hands-free driving tech BlueCruise

The investigation will evaluate the system's performance on the dynamic driving task and driver monitoring, the NHTSA said

Explained: Tesla's full self-driving and why its China rollout matters

Tesla's Model Y and three cars made it onto a top Chinese auto association's list of 76 car models found to be compliant with China's data security requirements

Chennai Petroleum sees two-year delay in building 180,000 bpd refinery

The company recently changed the capital structure of the joint venture building the project, with its parent company Indian Oil Corp controlling a 75% stake and Chennai Petroleum the remainder

German inflation creeps up to 2.4% in April on back of higher food prices

Euro zone inflation is expected to remain at 2.4%, unchanged from the previous month, according to economists polled by Reuters

Pakistan keeps key interest rate unchanged at 22% for 7th straight meet

It added that it expected inflation to remain on a downward trajectory, but that recent oil price volatility poses a risk to the outlook. Consumers' inflation expectations also edged up in April

Gold holds steady as investors await US data for more Federal Reserve clues

Spot gold was unchanged at $2,338.08 per ounce by 0932 GMT, holding slightly above its 21-day moving average of $2,336

Apple renews talks with OpenAI for iPhone generative AI features: Report

Apple has not made a final decision on which partners it will use, and could reach an agreement with both OpenAI and Alphabet Inc's Google

Philips pays $1.1 billion in US settlement over ventilator recall

The devices were recalled in April 2021 because of concerns that foam used in them could degrade and become toxic, carrying potential cancer risks

Baidu and Tesla agree on mapping deal for FSD in China, says report

As part of the deal, Baidu would also provide its lane-level navigation system to Tesla, they said

US strikes deal to boost aviation safety, to not raise pilot retirement age

The bill also requires airplanes to be equipped with 25-hour cockpit recording devices and directs the FAA to deploy advanced airport surface technology to help prevent collisions

Yen hits weakest level since April 1990, trips past 160 per US dollar

The yen's move barely affected the euro and sterling, both of which stayed near the bottom of the ranges hit during Friday's volatile session

Asia shares rise as Fed rate interest decision looms large; yen crumbles

Oil prices ticked down on expectations that higher-for-longer US interest rates would dampen demand, while news of a potential Gaza ceasefire eased fears of supply constraints

China firms go 'underground' on Russia payments as banks pull back

The US has imposed an array of sanctions on Russia and Russian entities since the country invaded Ukraine in 2022

Indian bond yields likely to dip at start of week, focus on Fed decision

The benchmark 10-year Indian yield is likely to trade in a 7.16 per cent-7.21 per cent range, following its previous close at 7.1870 per cent, a trader with a primary dealership said

Elon Musk visits China as Tesla seeks self-driving technology rollout

The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China

India receives oil cargo in Russian SCF tanker after brief halt: Reports

India is the largest consumer of Russian seaborne oil, sold at a discount after Western nations shunned purchases from Moscow for its invasion of Ukraine

USFDA gathering information on Indian spices after alleged contamination

Hong Kong this month suspended sales of three MDH spice blends and an Everest spice mix for fish curries. Singapore ordered a recall of the Everest spice mix as well