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Amazon to pay $2.5 billion to settle Prime deception allegations

Of that, $1.5 billion will go into a fund to repay eligible Prime subscribers and Amazon will not admit wrongdoing as part of the settlement, the FTC said

Will not allow Israel to annex West Bank, says Trump amid Arab concerns

Unlike Gaza, where Israel's war with Hamas continues, the West Bank is governed by the Palestinian Authority

Dairy group Hatsun Agro targets 15% revenue growth after GST revamp

India, the world's largest milk producer, is in the midst of trade negotiations with Washington and the demand for opening up its dairy sector to US corporations has been a sore point

Apple pushes EU to repeal tech rules citing delayed features, app risks

The request comes as the European Commission reviews the law, marking its first evaluation of the act's effectiveness and its capacity to respond to emerging technologies, including AI

European banks to launch euro stablecoin, challenge US crypto dominance

The European banks' new Amsterdam-based company is expected to launch its stablecoin in the second half of next year

Accenture beats Q4 revenue estimates, plans $865m AI-driven restructuring

The Dublin-based company expects about $250 million in charges in the November quarter, on top of $615 million recorded in the fourth quarter, for a total of $865 million

Microsoft halts cloud and AI services to Israel's defence ministry unit

Brad Smith, Microsoft's president, said the company opened the review after an August article by the Guardian alleged activity by a unit of the Israel Defense Forces

Google asks US Supreme Court to freeze app store ruling in Epic Games case

Google in its Supreme Court filing said that the changes will have enormous consequences for more than 100 million US Android users and 500,000 developers

UK's Nothing to expand smartphone manufacturing in India through $100 mn JV

Under the deal, Nothing and Optiemus will invest more than $100 million and create over 1,800 jobs

Britain considering financial support for Jaguar Land Rover's suppliers

The luxury carmaker, owned by India's Tata Motors, has three factories in Britain, which together produce about 1,000 cars per day

Govt plans nuclear liability fund to cover accident payouts over ₹1,500 cr

The move holds out potential to unlock long-stalled private and foreign investment in the nuclear industry

Asian stocks pause as month-end flows loom, yen weakens against euro

Oil prices slipped, after surging over 2 per cent overnight to seven-week peaks as a surprise drop in US crude inventories added to supply worries

Kremlin says Trump claims on war in Ukraine mistaken, offers 'real info'

The Kremlin countered that the Russian economy was stable, despite some problems caused by sanctions

Microsoft brings Anthropic models to 365 Copilot, diversifies beyond OpenAI

While Copilot will remain powered by OpenAI's latest models, users will be able to select Anthropic models, Claude Sonnet 4 and Claude Opus 4.1

RBI expected to keep key interest rate at 5.50% through 2025, finds poll

The Monetary Policy Committee, which unanimously decided to hold rates in August, will maintain that call at its September 29-October 1 meeting

French court orders Sanofi to pay $177 mn for anti-competitive behaviour

Sanofi said it is currently analysing the grounds of the ruling and reserves the right to file an appeal before the French Supreme Court

Dr Reddy's and Hetero to sell generic HIV prevention drug for $40 a year

The price tag, which will enable much broader access in low-and middle-income countries, compares with an estimated US price of around $28,000 a year for branded Yeztugo

EU questions Apple, Google and Microsoft on steps to curb financial scams

The EU is increasing its regulatory scrutiny of major US technology companies via the Digital Services Act

India fuel exports surge to multi-year highs on higher refinery runs

Refiners in India, which sources about a third of its crude from Russia, are boosting runs and redirecting surplus barrels abroad

Karnataka High Court dismisses X's petition on content removal rules

Filed in March, the company's case against Prime Minister Narendra Modi's government in the Karnataka High Court had targeted the entire basis for tightened internet censorship in India