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Google, Amazon win EU court backing in Italian rule dispute: Report

Dispute between companies and Italian authorities centered on provisions adopted in 2020, 2021 mandating online service providers in Italy to sign up to register, submit various types of information

Apple Inc wins legal battle in Chinese court over App Store fees: Report

Apple is defending its App Store fees on multiple fronts, including a lawsuit at home in the US and challenges in Europe, South Korea and Japan

Musk's Tesla makes push to roll out advanced FSD self-driving in China

Tesla currently offers owners of its vehicles access to FSD for a one-time $8,828.32 fee

EU watchdog says banks must take full responsibility when using AI

While AI holds promise in enhancing investment strategies, client services, it also presents inherent risks, and potential impact on retail investor protection is likely to be significant, ESMA said

Tata Steel CEO Narendran says want to move fast on UK decarbonisation

Chinese exports of steel into India were a 'growing concern,' Narendran said, as India turned net importer in the fiscal year that ended in March

US economic growth revised lower for Q1; weekly jobless claims edge up

The labor market is steadily rebalancing in the wake of 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022 to slow demand in the overall economy

Muthoot Finance Q4 results: Profit rises 17% to Rs 1,056 cr on loan growth

Muthoot's standalone loan assets under management increased 20% to Rs 75,827 crore for the year ended March 31

Retail giant Amazon adds Grubhub food delivery to its website, app in US

As part of the agreement, Amazon Prime members will continue to be eligible to avail a free Grubhub+ membership worth $120 a year, which includes free delivery on orders above $12

JPMorgan to increase India headcount by 5%-7% over next few years: Top exec

The New York-based lender already employs about 55,000 people, about a fifth of its global workforce, across five Indian cities

China plans to cut CO2 emission in key sectors by 1% of 2023 level

The plan said China would 'strictly' control coal consumption, 'reasonably' control petroleum consumption and promote use of biofuel and sustainable aviation fuel

UBS makes Karofsky, Iqbal Khan wealth co-heads in management shakeup

Damian Vogel has been appointed Chief Risk Officer and will take over from Christian Bluhm, as part of a series of changes the bank is putting into effect from July 1

As Lok Sabha election ends near, here's what lies ahead for new government

Here are some key issues the winning party, or coalition, will need to tackle in office

LS polls: He once sold tea, now PM Modi seeks his own 'tryst with destiny'

He has set a tentative target of increasing the size of the economy by about eight times to $29 trillion by then and the per-capita income by about seven times to nearly $18,000

Toyota's global volumes fall in April as sales drop in China and Japan

Toyota's Japan sales were hit by a temporary halt to production of the Prius model at its Tsutsumi plant for quality checks and a partial halt of production at a line at a Toyota Auto Body plant

RBI's increased scrutiny of banks, financial firms leads to restrictions

Since 2020, the RBI has placed business restrictions on many players

Google to invest $2 bn in data centre and cloud services in Malaysia

Google said in a statement the data centre and cloud region will be located in Sime Darby Property's Elmina Business Park in central Selangor state

China's May factory activity likely expanded at steady pace, shows poll

The official purchasing managers' index (PMI) was forecast at 50.4 in May, unchanged from April, according to the median forecast of 33 economists in the poll

US govt nears deal to fund late-stage trial of Moderna's bird flu vaccine

It is expected to total several tens of millions of dollars, and could be accompanied by a commitment to procure doses if the phase-three trials are successful, according to the report

S&P Global will likely raise India's rating within 2 years, says Citi

S&P raised India's sovereign rating outlook to 'positive' from 'stable' on Wednesday, citing the country's strong economic fundamentals. It, however, kept the rating itself at 'BBB-'

China blocks beef from US plant over detection of ractopamine: JBS

Ractopamine is a feed additive used to boost animal weights