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Apple's App Store rules violate EU's Digital Markets Act, say regulators

European Commission, which also acts as the EU antitrust and technology regulator, said it had sent its preliminary findings to Apple following an investigation

From Black Sea to US Midwest, extreme climate threatens crop output

Global wheat prices jumped to a 10-month high in May after adverse weather trimmed yields for the maturing crop in Russia, the biggest exporter

Ukraine inches closer to joining EU after decade of devastating war

Kyiv filed its request to join the EU days after Russia's full-scale invasion in February 2022

RBI's rate panelists see growth risks, call for rate cut to sustain economy

The views of the three members show increasing concern among policymakers about momentum in Asia's third-largest economy

Govt bond yields fall ahead of expected inflows post index inclusion

Foreign banks also stepped up purchases of bonds last week ahead of the inclusion, and is expected to continue this week as well

India's LNG demand surge supports Asia's declining imports in June

Asia is on track to import 23.18 million metric tons of LNG in June, down a touch from May's 23.55 million

Australia to make supermarket industry code mandatory, fines for violation

The supermarkets will face fines of up to 10 per cent of annual turnover for breaches of the code

EU to get iOS 18, macOS Sequoia without headline features due to DMA

Apple said three features - Phone Mirroring, SharePlay Screen Sharing enhancements, and Apple Intelligence - will not be rolled out to EU users this year

China's ByteDance collaborates with Broadcom to develop advanced AI chip

ByteDance's tie-up with Broadcom, an existing business partner, would help slash procurement costs

Mission 2025 group urges governments to aim more ambitious climate goals

Corporate backers include consumer goods company Unilever, the world's biggest furniture retailer IKEA and British sustainable energy company Octopus EV

Mission 2025 group urges governments to aim more ambitious climate goals

Corporate backers include consumer goods company Unilever, the world's biggest furniture retailer IKEA and British sustainable energy company Octopus EV

China's fiscal revenue drops 2.8% in January-May as weak demand drags

Fiscal expenditure rose 3.4 per cent in the first five months, versus a 3.5 per cent gain in the first four months

Russia says U.S. is responsible for deadly Ukrainian attack on Crimea

Television footage on Russian state television showed people running from a beach and some people being carried off on sun loungers

Yaccarino shakes up X amid Elon Musk's pressure on costs, says report

X's head of global government affairs, Nick Pickles will take over Benarroch's responsibilities, with an expanded role including directing all global communications, the FT said

Apple and Meta Platforms have discussed AI partnership, say reports

Apart from Google and Meta, AI startups Anthropic and Perplexity have also been in discussions with Apple to bring their generative AI to Apple Intelligence, the report stated

Boeing expected to evade criminal charges for violating settlement: Report

The agreement included money to compensate victims' relatives and required Boeing to overhaul its compliance practices

Prestige Estates Projects approves $599 million fundraise via stake sale

"The monetizing bid largely means that Prestige will seek greater value for hospitality biz and will likely go for an initial public offering," said Karan Khanna, a research analyst at Ambit Capital

Reliance shareholders approve retail unit's $4 bn lease to Jio Financial

JFS plans to acquire equipment worth 360 billion rupees from Reliance Retail, as the financial services provider plans to enter the device leasing business

May oil imports: Russia at record high, Saudi lowest in 10-month

India shipped in about 5.1 million bpd oil in May, a growth of about 5.6% from April, the data shows

Gold discounts in India widen as elevated prices dampen its demand

Domestic prices were trading around 72,800 rupees per 10 grams, after hitting a record high of 74,442 rupees last month