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Tyson Foods denies accusations of hiring migrants over US citizens

The letters say that Tyson employs 42,000 foreign workers, making up more than one-third of its US workforce, and is involved in programs to recruit more

Billionaire Peltz's Trian sells entire Disney stake after board fight

Disney shareholders had last month backed CEO Bob Iger and other company directors after a multimillion-dollar, mud-slinging battle launched by Peltz and Blackwells Capital

Wall Street's faster trade settlement sees some temporary processing bumps

The shift in the world's largest financial market is aimed at making market infrastructure more resilient, but investors and regulators braced for increased trade failures and other hiccups

Arm introduces new designs, offers software for AI on smartphones: Details

For the new products, Arm worked with Samsung Electronics Co Ltd and Taiwan Semiconductor Manufacturing Co to deliver blueprints of physical designs that are ready for manufacturing

Sony stresses PlayStation user engagement as hardware sales taper off

PS5 users are spending around 25 per cent more than during the previous PS4 console's lifecycle, boosted by add-on content and services, including the PlayStation Plus subscription option

Committed to overcoming challenges in AI era: Samsung's chip division boss

The South Korean tech giant has fallen behind rivals SK Hynix and Micron Technology in high bandwidth memory (HBM) chips which are in high demand for use in AI processors

Home prices to rise steadily, affordable housing to be scarce: Poll

Economic growth in India, Asia's third-largest economy is expected to continue outpacing its major peers

Indian govt bond yields likely to inch further up mirroring US peers

India's benchmark 10-year yield is likely to move in a 7.00 per cent -7.04 per cent range, following its previous close of 7.0129 per cent, a trader with a state-run bank said

Global rate anxiety sparks slump in Asian stocks, bonds

The latest halt in the global risk rally has come on the back of data pointing to lingering inflationary pressures across major economies

Higher US bond yields push Yen to 4-week low ahead of key inflation data

The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month high in April

OpenAI signs agreement with The Atlantic, Vox Media to get content data

Last week, OpenAI signed a deal with media conglomerate and the Wall Street Journal-owner News Corp

Goldman Sachs fund raises more than $20 billion for direct lending

The fund, West Street Loan Partners V, is targeting to back private equity-backed global businesses and has already invested or committed $4 billion across 37 portfolio companies to date

ConocoPhillips to buy Marathon Oil in $22.5 bn deal in latest energy merger

Shares of Marathon Oil rose 9% to $28.85, while ConocoPhillips fell 3.8% to $115.10 in morning trading

China plans CO2 emission cuts in key industries 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

US bank profits jump 79.5% as large firms shake off failed bank costs

Specifically, the FDIC said bank noninterest expense dropped $22.5 billion in the first quarter, and was the primary cause of the profit boost

US urges owners to stop driving older Nissan vehicles over air bag issues

Over the past decade, more than 100 million Takata air bag inflators have been recalled worldwide - including 7 million in the United States - in the biggest auto safety callback on record

Covid vaccine maker BioNTech gets $145 mn funding for plant in Africa

A future African network could produce affordable vaccines to fight malaria, mpox, tuberculosis or other health threats, they added

India to begin wheat imports after six years, to shore up reserves

As the new-season wheat harvest rolls in, the government is likely to wait until after June to scrap the import tax, in time for Russia's harvest, the sources said

Bata Q4 results: Net profit declines 3% to Rs 63.65 cr as expenses surge

The company, which also sells brands such as Hush Puppies and North Star in India, said its consolidated profit fell to Rs 63.65 crore ($7.6 million)in the three months ended March 31

BlackRock's $20 bn ETF is now world's largest bitcoin fund: Report

The exchange-traded fund held $19.68 billion of token on Tuesday, overtaking Grayscale Bitcoin Trust's $19.65 billion, report said, citing data compiled by Bloomberg