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Spotify files EU antitrust complaint against Apple for App store rules

Apple's control of its App store deprives consumers of choice and rival providers of audio streaming services, says Spotify.

US court awards $29 mn to cancer victim who alleged J&J talcum had asbestos

In 11 cases so far alleging asbestos contamination in talc, three have resulted in wins for plaintiffs, awarding damages as high as $4.69 billion in a July 2018 multi-plaintiff ovarian cancer verdict

Philip Morris terms machinery cost charged by India partner as biz expense

Philip Morris has for years paid manufacturing costs to Godfrey Phillips, despite a nine-year-old government ban on foreign direct investment in the industry,

Brookfield to buy $4.8-bn stake in Oaktree to compete with Blackstone

Oaktree is the second US alternative-asset manager to sell itself in recent years

I'm in no rush to complete US-China trade deal, says Donald Trump

Trump and Chinese President Xi Jinping had been expected to hold a summit at the president's Mar-a-Lago property in Florida later this month, but no date has been set for a meeting

$25 mn US college scam: Hollywood actors, CEOs accused of paying bribes

The most sweeping college admissions fraud scheme ever unearthed in the United States was masterminded at a small college-preparation company based in Newport Beach

US joins other nations in grounding 737 MAX jets after second crash

Boeing, which maintained that its planes were safe to fly, said it supported the move to temporarily ground 737 MAX flights

Fiat Chrysler to recall 862,520 vehicles in US over excess emissions

The recall was prompted by in-use emissions investigations conducted by the EPA

Emerging market stocks fall as Brexit vote sours investors' mood

Sri Lanka's shares hit a 5-1/2-year low as investors awaited a budget vote to assess the political stability of the government

India to bar Boeing 737 MAX aircraft until safety concerns cleared

Boeing Co's 737 MAX aircraft would not be allowed to enter or transit Indian airspace after 1030 GMT on Wednesday, the ministry of civil aviation said

Airlines manage to keep calm and carry on after Boeing jet groundings

There were 371 of the 737 MAX family jets in operation before this week's groundings, led by China, according to Flightglobal

Bharti Airtel to lower direct stake in Infratel from 50.33% to 18.3%

Airtel's unit Nettle Infrastructure Investments Ltd will buy an up to 32 per cent stake in Bharti Infratel by March 18

Nissan, Renault break up almighty chairmanship after Ghosn's ouster

The removal of Ghosn, credited for rescuing Nissan from near-bankruptcy in 1999, had caused much uncertainty about the future of the alliance and some speculation the partnership could even unravel

Whistleblowers to get EU-wide protection when reporting crimes

The reform introduces common procedures at EU level, revising an approach to whistleblower protection which has left the matter in the hands of 28 national authorities across the bloc

As India's employment crisis deepens, fresh engineers struggle to find jobs

They highlight Prime Minister Narendra Modi's difficulty in fulfilling a promise he made weeks after coming to power in 2014: creating millions of jobs by boosting manufacturing

Rupee at two-and-a-half month high of 69.56 vs USD as foreign inflows surge

The absence of RBI's intervention in the forex market added to the rise, according to experts

Dark days ahead for rupee over trade, Lok Sabha election jitters: poll

the Indian currency, which is down about 1 percent this year, is forecast to weaken nearly 2 percent by end-May, suggesting upcoming elections are a clear risk.

Chinese shares surge to 9-mnth high but fail to ignite broader market rally

Shanghai Composite Index has now gained a quarter so far this year but is still down more than 13 per cent from January 2018

Satellite images show madrasa still standing at Balakot: Reuters

There are no discernible holes in the roofs of buildings, no signs of scorching, blown-out walls, displaced trees around the madrasa or other signs of an aerial attack, according to the report

Despite FDI ban, Philip Morris paid Indian partner to make cigarettes

The Indian government in 2010 prohibited foreign direct investment in cigarette manufacturing, saying the measure would enhance its efforts to curb smoking