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CCI orders unusual recall of reports on Apple antitrust investigation

Among those now asked for the return of the reports are Match and Indian startup group ADIF, which represents financial giant Paytm

US producer inflation slows in July amid signs of pricing power diminishing

The report from the Labor Department on Tuesday also showed favorable readings for most of the components that go into the calculation of the personal consumption expenditures

Manappuram Finance Q1 results: Net profit increases 12% to Rs 555 cr

The company's consolidated net profit attributable to owners rose about 12 per cent to Rs 555 crore ($66 million) for the three months ended June 30

Samsung Electronics' main SK union to strike over pay from Thursday

Lee Hyun-kuk, vice president of the National Samsung Electronics Union (NSEU), said in a live YouTube broadcast: "This strike is strategically designed to damage the company."

China bank lending tumbles more than expected on tepid credit demand

Chinese banks extended 260 billion yuan ($36.26 billion) in new yuan loans in July, down nearly 88% from the previous month and also missing analysts' forecasts

Trai directs service providers to stop spam calls, blacklist callers

Such unregistered callers will be blacklisted for up to two years, the statement said, adding that telecom service providers would need to submit updates on action taken on scam callers

Moody's, S&P doubt of Boeing hitting year-end production targets in 2024

Boeing slowed output so it could improve production quality, but the decline in output and deliveries has taken a toll on cash flow

Ease in perpetual bond valuation norms set to revive market, say investors

Banks had slowed issuing the notes as the 2021 valuation norm change hurt appetite. In January this year, they had sought a relaxation

UK pay growth slowest in nearly 2 years, surprise fall in unemployment

Average weekly earnings, excluding bonuses, were 5.4 per cent higher than a year earlier in the three months to the end of June, down from 5.8 per cent in the three months to May

Starbucks names Chipotle's Brian Niccol as CEO amid activist pressure

Niccol replaces Laxman Narasimhan, who was tapped in 2022 from Lysol maker Reckitt to undertake a "reinvention" of the world's biggest coffee chain

Reliance, Disney to offer concessions to win antitrust nod for merger

Antitrust experts have warned that the Reliance-Disney merger, announced in February, could face intense scrutiny as it will create India's biggest entertainment player

L&T Semiconductor to sign contracts with 6 automobile companies by Sept

The company will sign three Indian automobile companies within two weeks and three European companies in the sector by the end of September

Interest rate derivatives to get boost as top insurer LIC enters market

Forward rate agreements (FRA) are contracts between banks and insurance firms that allow the latter to lock in rates for a future date, protecting them from volatility

SBI aims to sell its YES Bank stake worth $2.2 billion by March-end

YES Bank was restructured by the RBI in March 2020 with the help of a consortium of local banks after its financial health deteriorated

MSCI Aug rejig: India weight on equity index at record; $3 bn inflows eyed

HDFC Bank, India's top private lender and the heaviest stock in the benchmark NSE Nifty 50, will see an increase in its weightage, triggering potential inflows of $1.8 billion, Pagaria said

Japanese shares lift Asian stocks on steady yen ahead of US data barrage

Japan's Nikkei rose more than 2 per cent in early trading after Monday, a welcome relief after last week's volatility that began with a massive sell-off spurred by rising yen and fears of US recession

S&P, Moody's downgrade JetBlue amid $3 bn debt raise, shares sink

JetBlue intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan, secured by TrueBlue

Ukraine seizes 28 villages in Russia's Kursk ahead of possible peace talks

Putin said Zelenskyy is trying to improve negotiating position; questions "what talks there can be with Ukraine"

NMDC Q1 results: Net profit up 20% at Rs 1,984 cr on higher prices

Profit for the country's largest state-owned iron ore miner swelled 20% from a year earlier to Rs 1,984 crore (about $236 million) for the three months ended June 30

JetBlue Airways to raise over $3 bn through debt offerings, shares fall

The New York-based airline intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan, secured by TrueBlue