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Spice Board of India tells Everest, MDH to give details of quality checks

The companies' products are hugely popular in India and are exported to countries in Europe, Asia and North America

Apple's Q1 smartphone shipments in China down by 19%, worst since 2020

Apple lost its crown as the biggest smartphone seller in China to rival Vivo

China turns heat up on cross-border investments in local govt debt: Report

Local governments in China have the authority to grant QDLP licenses, and Hainan has been one of the most active issuers of such approvals

Adobe to bring tool for AI image generation to Photoshop this year

Adobe is developing its own image-generation AI system called Firefly, which is trained on data that Adobe has rights to, in order to avoid copyright infringement claims against users

IIFL Finance's RBI-directed audit starts after March gold loan ban

The RBI said in March that the restrictions will be reviewed after completion of a special audit and the company's rectification of the audit findings

US business activity cools in April to 4-month low due to weaker demand

S&P Global said on Tuesday that its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors

Prosecutors ask to punish Trump for violating gag order in hush money trial

As Trump watched from the defense table, New York prosecutor Christopher Conroy cited posts from the former president's Truth Social platform that he said violated the gag order

ICICI Prudential Life Insurance Q4 results: PAT declines 26% to Rs 174 cr

The decline in VNB margin is primarily on account of the shift in the underlying product mix towards unit-linked business, the company said in an exchange filing

MSCI Q1 results: Profit jumps on higher demand for index products April 23

Companies such as MSCI benefit from market swings as investors rush to rebalance portfolios and hedge against risks

Govt bond yields edge lower as oil prices stabilises, awaits fresh triggers

The benchmark Brent crude contract, which had crossed $92 per barrel earlier this month on fears of an escalation in the Middle East conflict

Russia to step up strikes on bases storing Western weapons in Ukraine

In remarks to defence officials, Shoigu said Russia had "dispelled the myth of the superiority of Western weapons" and its forces had gained the initiative along the 1,000 km (600-mile) battle front

General Motors beats quarterly results targets, raises annual forecast

"Our consumer has been remarkably resilient in this period of higher interest rates," GM Chief Financial Officer Paul Jacobson said

Spotify Q1 results: Revenue increases by 14%, in line with estimates

First-quarter MAUs rose 19%, but missed Spotify's own guidance and a median of analysts' forecasts of 618 million

UBS gets backing for capital plan, Ermotti pay from Norway wealth fund

The move could come at a cost for shareholders, who could see their holdings diluted in a crisis

PepsiCo Q1 results: Net revenue rises to $18.25 billion, beats expectations

Several rounds of price hikes in the U.S. have led consumers in the region to push back on the company's sodas and juices as sticky inflation makes customers cautious with their spending

UK businesses expand at fastest pace in 11 months, shows PMI survey

Last month the Bank of England estimated the economy grew just 0.1% in the first quarter and would do only slightly better in the second

No decision yet on ADNOC LNG project tie-up after Nikkei report: Mitsui

Other oil majors Shell, BP and Total Energies are also expected to invest, the report said

India sugar demand surges amid heat wave, elections; set to hit record high

But this year demand is above average as heat waves and election rallies boost consumption of ice-cream and soft drinks, said Avantika Saraogi, executive director at Balrampur Chini Mills

Pakistan eyes news IMF loan by early July: Finance Minister Aurangzeb

The country's current $3 billion arrangement with the fund -- which it secured last summer to avert a sovereign default -- runs out in late April

Renault Q1 sales lifted by financing arm, 2024 profit rises 2% at $12.5 bn

The Renault group sold 549,099 units during the first quarter, up 2.6% from the same period in 2023