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Reuters

Reuters

Reuters

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

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From regulatory lens to unionisation: Challenges aplenty for Amazon's Jassy

Amazon has been accused of using the proprietary data of third-party vendors to make cheaper, private-label versions of their products

From regulatory lens to unionisation: Challenges aplenty for Amazon's Jassy
Updated On : 06 Jul 2021 | 12:56 AM IST

China widens probe beyond Didi Global, roiling global investors

The company says app takedown may hit its revenue

China widens probe beyond Didi Global, roiling global investors
Updated On : 06 Jul 2021 | 12:50 AM IST

Paytm to file draft prospectus next week for $2.3-bn IPO: Report

Paytm has plans to raise up to Rs 12,000 crore by issuing fresh equity for which it will seek shareholders' nod in an EGM on July 12

Paytm to file draft prospectus next week for $2.3-bn IPO: Report
Updated On : 06 Jul 2021 | 12:11 AM IST

British royal Kate goes into self-isolation after Covid-19 contact

Kate, wife of Queen Elizabeth's grandson Prince William, attended a number of events last week, most prominently the Wimbledon tennis championships on Friday.

British royal Kate goes into self-isolation after Covid-19 contact
Updated On : 05 Jul 2021 | 3:48 PM IST

Didi says app takedown may hurt revenue, other US-listed China firms probed

Sunday's takedown order from the Cyberspace Administration of China (CAC) comes just two days after the regulator announced an investigation into Didi

Didi says app takedown may hurt revenue, other US-listed China firms probed
Updated On : 05 Jul 2021 | 2:50 PM IST

OPEC+ crisis deepens as Saudi Arabia refuses to budge, oil edges up

OPEC and its allies on Friday voted to increase production by about 2 million barrels a day from August to December 2021 extend the remaining output cuts to the end of 2022

OPEC+ crisis deepens as Saudi Arabia refuses to budge, oil edges up
Updated On : 05 Jul 2021 | 2:27 PM IST

India's June services activity shrinks at fastest rate in 11-months

IHS Markit's Services Purchasing Managers' Index plunged to 41.2 last month from an already depressed 46.4 in May. That was its lowest reading since July 2020

India's June services activity shrinks at fastest rate in 11-months
Updated On : 05 Jul 2021 | 11:43 AM IST

China widens probe beyond Didi Global to exert control over online data

Beijing's latest effort to rein in its top online companies unfolded swiftly over the weekend

China widens probe beyond Didi Global to exert control over online data
Updated On : 05 Jul 2021 | 10:54 AM IST

Didi Chuxing says app takedown may adversely impact revenue in China

China's biggest ride-hailing firm Didi Global Inc said on Sunday removal of its 'DiDi Chuxing' app from smartphone app stores in China is expected to have an adverse impact on its revenue in China

Didi Chuxing says app takedown may adversely impact revenue in China
Updated On : 05 Jul 2021 | 6:34 AM IST

Myanmar security forces kill at least 25 people in raid on town: Report

The state-run Global New Light of Myanmar said "armed terrorists" had ambushed security forces patrolling there

Myanmar security forces kill at least 25 people in raid on town: Report
Updated On : 05 Jul 2021 | 12:44 AM IST

China orders Didi to be removed from app stores, days after mega US listing

The Cyberspace Administration of China (CAC) said on its social media feed that it had ordered Didi to make changes to comply with Chinese data protection rules.

China orders Didi to be removed from app stores, days after mega US listing
Updated On : 04 Jul 2021 | 8:42 PM IST

Amazon to grant incoming CEO Andy Jassy over $200 million in stock

The award's exact value will depend on how the shares are trading when they pay out in future years, encouraging Jassy to grow a company that's worth $1.77 trillion today

Amazon to grant incoming CEO Andy Jassy over $200 million in stock
Updated On : 04 Jul 2021 | 6:41 AM IST

Amazon, Tata say Indian govt e-commerce rules will hit businesses: Report

Govt's tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country's online retailers

Amazon, Tata say Indian govt e-commerce rules will hit businesses: Report
Updated On : 03 Jul 2021 | 8:45 PM IST

Brazil top court gives nod for probe into Bolsonaro over vaccine deal

The president has been implicated in allegations of irregularities surrounding a 1.6 billion reais ($316 million) contract signed in February for 20 million doses

Brazil top court gives nod for probe into Bolsonaro over vaccine deal
Updated On : 03 Jul 2021 | 8:41 PM IST

Arm CEO says Nvidia merger better than becoming standalone public company

Nvidia Corp's proposed $40 bn acquisition of Arm Ltd would better support creation of UK technology jobs than SoftBank Group unit becoming a standalone public company once again, Arm's CEO said

Arm CEO says Nvidia merger better than becoming standalone public company
Updated On : 03 Jul 2021 | 6:36 AM IST

OPEC+ agrees new oil deal but without UAE agreement, source says

OPEC+ agreed to add more oil to the market from August and extend the duration of their pact on their remaining production curbs for longer, even though United Arab Emirates still opposed extension

OPEC+ agrees new oil deal but without UAE agreement, source says
Updated On : 03 Jul 2021 | 6:12 AM IST

OPEC+ to resume oil policy talks on Monday after UAE roadblock

By Rania El Gamal, Olesya Astakhova and Ahmad Ghaddar

OPEC+ to resume oil policy talks on Monday after UAE roadblock
Updated On : 03 Jul 2021 | 2:53 AM IST
Amazon to grant new CEO Jassy over $200 million in stock
Updated On : 03 Jul 2021 | 2:47 AM IST

US seeks refuge for Afghan staff as it hands over Bagram airbase

The US had said it would have most troops out by September 11, keeping a contingent of about 650 in the country to protect diplomats, but that timetable was accelerated.

US seeks refuge for Afghan staff as it hands over Bagram airbase
Updated On : 03 Jul 2021 | 2:00 AM IST

Just days after IPO, China opens cyber probe against Didi; shares fall 10%

Beijing-based Didi said in a statement to Reuters that it planned to conduct a comprehensive examination of cybersecurity risks and would cooperate fully with the relevant government authority.

Just days after IPO, China opens cyber probe against Didi; shares fall 10%
Updated On : 03 Jul 2021 | 1:49 AM IST