Page 436 - Reuters%20/undefined

Amazon lining up AI overhaul, paid plans for Alexa voice assistant: Report

A subscription to Alexa will not be included in the company's $139 Prime offering and Amazon is yet to nail down the price of the new services, the report said

Oyo withdraws IPO papers for second time, opts for private placement

"The refinancing will result in material changes to Oyo's financial statements. Hence as per existing regulations, it will need to revise its filings with the regulator," the source said

Tariff increases on Chinese EVs, batteries, chips to start Aug 1, says US

The United States in 2023 imported nearly $640 million of gloves, masks and syringes from China that will be affected by the new measures

Ramco Cements Q4 results: Net profit falls over 20% to Rs 121 crore

Standalone net profit after tax fell over 20% year-on-year to Rs 121 crore ($14.5 million) during January-March, missing analysts' expectations of Rs 127 crore

Torrent Power Q4 results: PAT falls 4.2% to Rs 430 cr on higher fuel prices

Its revenue from operations rose 8.1% to Rs 6,529 crore, however, total expenses, led by fuel cost, rose nearly 10% to Rs 6,008 crore

Gold imports could fall by a fifth as record price prompts jewellery swaps

Lower imports by India, the world's second biggest consumer of the precious metal, could cap a rally that carried global prices to a record this week

Marks & Spencer posts 58% rise in profit as turnaround plan delivers

Sales rose 9.4% to 13.1 billion pounds, with food sales up 13.0% and clothing and homewares up 5.3%

TeamLease Q4 results: Net profit rises 14% on general staffing strength

The company said consolidated net profit came in at 274.8 million rupees ($3.30 million) for the three months ended March 31

Vedanta Aluminium turning to renewables, not adding coal capacity: CEO

Coal accounts for nearly 50% of the country's installed power capacity of 443 GW

RBI board approves surplus transfer of Rs 2.11 trillion to govt for FY24

The RBI said the board decided to raise the contingency risk buffer to 6.5% from 6% previously

Russia proposes revising borders of territorial waters in Baltic Sea

Ministry proposed adjusting the border around Russian islands in the eastern part of the Gulf of Finland and around Kaliningrad

LVMH deepens partnership with Alibaba to enhance tech presence in China

The partnership also illustrates the growing focus of the high end luxury brands on improving online shopping

UK inflation drops less than expected, dashing June rate cut hopes

Consumer prices rose by an annual 2.3 per cent last month, down sharply from a 3.2 per cent increase in March

Australia reports its first human case of avian influenza infection

The H5N1 strain of avian flu has swept the globe in recent years, killing billions of farmed and wild birds

Macron urges TotalEnergies to stay in France amid talks of US listing

A pillar of France's CAC 40 blue chip index, TotalEnergies is one of the world's largest oil companies

UK govt borrows more than expected in April, posing challenge for PM Sunak

Net borrowing excluding state-controlled banks was 20.5 billion pounds

US electricity demand from EVs rises to new highs in early 2024: Maguire

EVs accounted for 16 per cent of all light-duty vehicle sales in the U.S. in 2023

Microsoft promotes new tools for making AI software amid competition

At a developer conference in Seattle, Chief Executive Satya Nadella promoted new application programming interfaces, or APIs

Chinese tech giants cut prices of language models used to power AI chatbots

It was quickly followed by Baidu, which hours later announced that its Ernie Speed and Ernie Lite models would be free for all business users

US antitrust law alleging iPhone mkt monopoly should be dismissed: Apple

In the letter to the judge, Apple said the DOJ relies on a new theory of antitrust liability that no court has recognized.