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Senate passes bill forcing ByteDance to divest TikTok's US ops or face ban

TikTok, which says it has not shared and would not share US user data with the Chinese government, has argued the law amounts to a ban that would violate the US free speech rights of its users

Spices Board inspects plants of MDH, Everest over alleged contamination

MDH and Everest spices are among the most popular in India and are sold in Europe, Asia and North America. Exports totaled $4 billion in 2022-23, according to the Spices Board, the industry regulator

Tesla's shift on low-cost cars throws India investment plans into limbo

The world's top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 mn vehicles before investing in new manufacturing lines

Visa results beat Wall Street estimates on resilient consumer spending

Credit card giant American Express also beat expectations for first-quarter profit last week

Reckitt beats like-for-like sales estimates, driven by Dettol, Lysol

The company said it was on track to meet full-year revenue and profit targets, led by mid single-digit growth across its health and hygiene businesses

Goldman Sachs taps BofA bankers for India dealmaking roles: Reports

India is the world's second busiest IPO market this year after the United States, with bankers expecting more activity amid a paucity of deals elsewhere in Asia, Reuters reported last month

Dalmia Bharat Q4 results: Net profit declines to Rs 315 cr, beats estimates

Cement makers usually report strong sales volumes in the March quarter as they lower prices to clear year-end inventory backlogs

Tesla stock jumps as Musk's promise of 'affordable' cars eases growth fears

"We read 'more affordable' as potentially de-contented Model Y/Model 3 versions with improvements in software and AI/hardware capability, but at lower prices," Morgan Stanley analyst Adam Jonas said

AT&T beats Q1 estimates for wireless subscriber additions, free cash flow

AT&T added 349,000 net monthly bill-paying wireless phone subscribers in the first quarter, flying past expectations of 286,800 additions, according to five analysts polled by FactSet

Hilton Holdings Q1 result: Revenue up 12% at $2.57 bn, beats estimates

The company forecast annual adjusted profit of between $6.89 and $7.03 per share, up from the previous range of $6.80 to $6.94 per share

Will push Ukraine further back if Kyiv gets long range US missiles: Kremlin

The White House last October said it had provided Kyiv with a type of ATACMS capable of hitting targets up to 165 kilometres (102 miles) away

US prosecutors seek 36 months' jail for Binance founder Changpeng Zhao

Zhao, commonly known as CZ, agreed to pay $50 million and cease involvement with Binance, which he founded in 2017

Hitachi Energy plans India expansion, local ops amid rising power demand

India's government last year rolled out incentives for green energy transition, with an aim to have 500 GW of installed capacity through non-fossil fuel sources by 2030

Pakistan's benchmark share index trades at record high, breaches 72,000

The index has surged 75.5% over the past year and is up 11.5% year-to-date

Rupee at 2-week high on improved risk appetite; forward premiums tick up

The dollar index declined on Tuesday and was last quoted at 105.6, while the Korean won and Indonesian rupiah rose by 0.4% each to lead the gains among the rupee's Asian peers

Airtel says not in talks to buy Vodafone UK's stake in Indus Towers

"The company has no desire to raise its stake beyond what is required for financial consolidation of Indus in the company,' Airtel said in an exchange filing

Now go win the fight: US Congress passes Ukraine aid after months of delay

The four bills were combined into one package in the Senate, which President Joe Biden said he would sign into law on Wednesday

Unemployment biggest worry in India, world's fastest growing economy: Poll

Prime Minister Narendra Modi's BJP, widely expected to return to power for a third straight term, had promised to create more jobs when elected in 2014

Tesla to introduce new models ahead of planned timeline, shares jump

Currently, Tesla's Model 3 and Model Y, with starting prices of around $40,000, are its only volume sellers

Boeing, Spirit agree on $425 mn deal to address supplier's issues

Spirit will also provide to Boeing specified financial information on a weekly basis