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Microsoft faces EU antitrust probe after remedies fall short: Report

Slack alleged that its rival had unfairly integrated workplace chat and video app Teams into its Office product

GIFT Nifty begins India journey as new hedging option for investors

Investors who were taking cues on the movement of the NSE's blue-chip Nifty 50 index ahead of its opening from the SGX Nifty will now do so with GIFT Nifty

World Bank, WTO chiefs seek to reignite services trade negotiations

The WTO has a mandate to liberalise services but its member states have not collectively improved market access since 1997 when deals were struck on telecommunications, it said

Indian refiners start yuan payments for Russian oil imports: Report

China has also shifted to the yuan for most of its energy imports from Russia, which overtook Saudi Arabia to become China's top crude supplier in the first quarter this year

Prestige Estates plans to make $195 mn housing project debut in Indian mkt

Prestige has, for years, focussed on its home turf of Bengaluru and a few south Indian cities, developing more than 280 residential, commercial, retail and hospitality projects

India's June passenger vehicle sales climb on account of new launches

Auto sales numbers are keenly watched as they are a key indicator for assessing private consumption, which has more than 50% weightage in calculating the country's economic growth

Rupee hits near 2-month high on dollar inflows, RBI may have stepped in

The focus this week is on the slew of important US data releases. The ISM US manufacturing data is due later in the day, followed by their services print on Wednesday

Apple forced to make cuts to Vision Pro's production forecasts: Report

Both projections imply a significant cut to production from an earlier internal sales target of 1 million units of the headset in the first 12 months

Musk's Twitter rate limits could undermine new CEO Linda: Ad experts

Musk announced Saturday that Twitter would limit how many tweets per day various accounts can read, to discourage extreme levels of data scraping and system manipulation

Yen tentative, dollar soft as traders weigh US Fed rate hike path

The yen weakened 0.03% to 144.38 per dollar in early Asian hours to kick start the second half of the year having dropped 9% against the dollar in the first six months of the year

India state fuel retailers' gasoil, gasoline sales flat in June: Report

Monsoon rains also reduce demand from the agriculture sector as less irrigation-related requirements decrease

Rupee reports best month since Jan on back of strong foreign fund inflows

Strong macroeconomic fundamentals like higher growth, cooling inflation, strong earnings have attracted over $3.5 billion of inflows

EU secures vaccine deals with Pfizer, and others for future pandemic

Vaccine equity activists said the EU risked a repeat of what the World Health Organization dubbed "vaccine apartheid" during Covid-19.

China's PBOC asks foreign banks about dollar deposit rates amid weak yuan

Total FX deposits in China stood at $851.8 billion at end-May, data shows.

Global mergers & acquisitions plunge in Q2 but dealmakers see green shoots

M&A volumes in the United States declined by 30% to $318.4 billion, while Europe and Asia Pacific volumes shrank 49% and 24% respectively

Shell's renewables boss Thomas Brostrom to leave after CEO strategy shift

Thomas Brostrom joined Shell from offshore wind giant Orsted in August 2021 to head offshore wind as the company planned to rapidly grow its wind and solar operations

Govt likely to recover 'excess revenue' earned by power companies

Under the early-stage proposals, a uniform price cap on spot power trades would be replaced with new limits for each source of power generation

Bausch + Lomb to buy dry-eye drug maker Novartis for $1.75 bn: Report

Acquisition of the drug, Xiidra, will mark the first big deal by CEO Brent Saunders since he returned to the company in March

Investors pour most money into Japan stocks since 2020, says BofA

Foreign investors are excited about the prospect of a new era of growth in corporate Japan and their buying helped the Nikkei share benchmark to scale three-decade peaks earlier this month

Edtech giant Byju's seeks investors for Aakash Education stake: Report

The company bought Aakash Education for $950 million in 2021