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Diageo submits financial documents in Delhi police corruption investigation

The documents submitted included certain bank statements, records of financial dealings with the Delhi city agencies

X to wind up operations in Brazil 'effective immediately' due to censorship

The X service remains available to the people of Brazil, billionaire Elon Musk's platform said on Saturday

Yes Bank appoints veteran banker Sumit Bali to head retail business

Bali will join Yes Bank from Aug. 26 and report to executive director Rajan Pental, one of the sources said

E-scooter maker Ola Electric valuations hit $7 bn; up 75% over IPO price

The latest jump in Ola's stock price comes after it launched a new line of motorcycles and on bets that it will lower costs by using its own batteries

Multiplayer game Fortnite returns on iPhones in EU, globally on Android

Fortnite, created by Epic, a US-based studio, and backed by China's Tencent, the world's largest game studio, launched in 2017 & its last-player-standing, "battle royale" format became an instant hit

Ford Motor to recall about 85,000 vehicles due to risk of engine fire

In the event of an engine failure, engine oil and fuel may be released into the engine compartment and accumulate near ignition sources such as hot engine

Sebi chief Buch earned revenue in potential rules violation, show documents

Buch joined SEBI in 2017 and was appointed to the top position in March 2022. In those seven years, Agora Advisory Pvt Ltd in which Buch has 99 per cent shareholding, earned a revenue of Rs 3.71 crore

UK regulator reverses decision, no in-depth probe of baby formula mkt

The cost of baby milk formula was in the spotlight during Britain's inflation-driven cost of living crisis, with media reports saying that some struggling parents had resorted to watering it down

China's youth jobless rate climbed to 17.1% in July as hiring held off

Around 12 mn students graduated this summer, but with even roles in remote areas attracting young Chinese with diplomas from top universities, aspiring professionals face toughest job market in years

BMW to recall 1.36 million cars in China over airbag risks, says regulator

For vehicles that have been confirmed to have defects after inspection, BMW will replace the driver's front airbag free of charge to eliminate safety hazards, the statement said

Kremlin aide says Nato and West helped Ukraine attack Russian territory

The United States and Western powers, eager to avoid direct confrontation with Russia, said Ukraine had not given advance notice and that Washington was not involved, though weaponry provided by Brit

0.5% rise in UK retail sales volume in July as inflation begins to ease

Retail sales volumes in July were 1.4% higher than a year ago, the Office for National Statistics said, in line with economists' median forecast in a Reuters poll

Soccer spending and discounts help UK retail sales inch up by 0.5% in July

Compared with February 2020, the last month before COVID-19 lockdowns started, sales volumes are still 0.8% lower

Newly elected Thai PM Paetongtarn faces challenge of reviving economy

The fall of Srettha after less than a year in office will be a stark reminder of the kind of hostility Paetongtarn could face

Bavarian Nordic seeks EU's approval to extend mpox vaccine to adolescents

Mpox has been declared a global public health emergency by the World Health Organization, with children and adolescents being particularly vulnerable to the disease

Ola Electric soars to $7 bn valuation on e-motorcycle launch, battery plan

The e-motorcycle launch is set to intensify competition in the world's second-largest two-wheeler market

RBI might ask banks dealing with UAE to push direct rupee-dirham settlement

The move is part of India's attempt to increase trade settlement in the rupee and reduce reliance on the dollar, an ambition that has evaded most nations

Thai Parliament set to choose new PM, Thaksin's daughter likely nominee

If Paetongtarn is approved in Parliament's vote, she will become Thailand's second female prime minister and the country's third leader from the Shinawatra family

Hurricane Ernesto becomes Category 2 storm as it races toward Bermuda

At 11 p.m. ET on Thursday (0300 GMT Friday) it was 410 miles (660 km) south-southwest of Bermuda as it headed north, packing winds of 100 mph (155 kph)

US solar firms seek retroactive duties on imports from Vietnam, Thailand

New tariffs could be particularly harmful to Vietnam, which risks the highest duties as it is deemed by the United States a non-market economy