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Sony, TSMC to invest $6.3 billion in next-gen image sensor microchips

A joint ‌venture owned about ​60% by Sony ​and 40% by TSMC will start commercial ​production as early as 2029 in southern Japan's Kumamoto prefecture

Mac users in China can connect to Alibaba's Qwen AI service, says Apple

The integration gives Mac users in mainland China access to Qwen-powered AI features for analysing documents and images and generating content

Apple tests China's CXMT chips for iPhones, MacBooks amid supply crunch

Apple ​held early talks with CXMT, which is China's largest chipmaker by market value, about supplying components with ​the goal of using them in ‌some devices sold in China

Asian stocks edge higher as Nikkei, Kospi gain on softer US jobs data

Japan's Nikkei followed that lead and rose 0.6% on Monday, while South Korea added 0.5%

Oil prices rise on uncertainty over reopening of Strait of Hormuz

Brent crude futures rose 91 cents or 1.09%, to $84.46 a barrel by 0056 GMT, while US West Texas Intermediate crude futures rose 61 cents, or 0.78% to $78.79 a barrel

Talks with US won't happen while interim deal is breached: Iranian minister

Iran says it will not resume talks with the US while Washington breaches a June interim deal, while an agreement with Oman on Strait of Hormuz shipping lanes nears completion

Israel rejects Trump's 15-point plan for Gaza, says PM Benjamin Netanyahu

Israel rejects Trump's Gaza peace plan and says it will not withdraw until Hamas fully disarms, raising fresh uncertainty over the ceasefire

Maruti sees passenger vehicle market rising to up to 6.3 mn units by 2031

Maruti is reassessing its five-year growth targets as it expects the small-car segment to expand significantly faster than in the past five years, the company said in a statement

China's producer inflation eases to 3-month low in July, CPI slows

China's ​leaders, confronting a two-speed ​economy of strong factory output and exports but weak ​domestic demand, have pledged to bolster growth by accelerating fiscal spending

Iran says Hormuz reopening depends on US accepting its conditions

A US official on ​Friday reported progress between Iran and Oman that could soon reopen the ​Strait of Hormuz

FSSAI calls Diageo's 'matured in American oak casks' claim misleading

United Spirits told stock exchanges this week it anticipated no financial implications from the ban but ​it was closely monitoring the matter

FSSAI won't ease 'energy drink' label deadline, unnerving companies

PepsiCo, Red Bull, Monster and Reliance face a 90-day deadline to drop 'energy drink' labels from high-caffeine beverages

Trump moves to fire Fed's Lisa Cook again after June court setback

The White House has asked Cook to respond within three weeks to mortgage-fraud allegations that her lawyer called baseless, according to a report by ABC News on Friday

US jobs fall unexpectedly in July as earlier payrolls revised lower

The US economy unexpectedly lost jobs in July, while payroll figures for the previous two months were revised sharply lower, reducing expectations of a Federal Reserve rate hike.

Cloudflare shares jump after forecast raise on higher AI-driven spending

The earnings follow Amazon.com's strongest ​cloud growth in more than four years. Amazon company noted that it won't have enough capacity to meet all demand this year.

Airbnb hits 4-year high: Investors cheer revenue forecast raise, AI payoff

Airbnb shares surged after the company raised its full-year revenue forecast, citing resilient global travel demand while reporting quarterly revenue above market estimates.

Ola Electric Q1 results: Loss narrows to ₹336 crore on higher EV sales

The results come as demand for electric two-wheelers remains strong in India, with analysts expecting the segment to continue gaining share of the broader two-wheeler market

Saudi, Turkey and Pakistan sign joint defence deal amid regional turmoil

Iran and its allies have been firing on Saudi and other Gulf states, and blockading their energy shipments, since US and Israel attacked it on Feb 28 in major escalation of years of regional tumult

India's July consumer inflation likely edged higher on food prices: Poll

Uneven rainfall across the ​country this year has hampered agricultural output, driving food costs higher

Govt set to exceed key fundraising goal on state-firm stake sales

The long-delayed sale of the government's stake in IDBI Bank is also likely to conclude this fiscal year, potentially adding $2.5 billion to state coffers