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Apple introduces new AI-focused chip M4 in iPad Pro model upgrade

Apple Chief Executive Tim Cook said last week the company is 'very bullish about our opportunity in generative AI' and plans to make more announcements later this year

April fuel consumption rises by 6.1% year-on-year: Oil ministry data

Total consumption totalled 19.86 million metric tons (4.85 million barrels per day) in April, up from 18.71 million tons last year, data showed

Brazil floods death toll rises to 90, dozens still stranded: Report

The flooding has hampered rescue efforts, with dozens of people still waiting to be evacuated by boat or helicopter from stricken homes

Apple interrogation of NYC worker about union drive illegal: US labor board

The Democrat-controlled board also affirmed the judge's ruling that Apple illegally barred workers at the World Trade Center store from distributing union flyers

TikTok, ByteDance sue to block US law seeking divestiture or ban of app

Driven by worries among U.S. lawmakers that China could access data on Americans or spy on them with the app, the measure was passed overwhelmingly in Congress just weeks after being introduced

Key debt ratio resumes rise as global debt burden hits record $315 trn: IIF

Debt in emerging markets grew to a record of more than $105 trillion - having more than doubled over the past decade according to IIF data

Apple working on developing AI chips for software in data centers: Report

The project, internally codenamed as Project ACDC (Apple Chips in Data Center), aims to leverage Apple's chip design expertise for its server infrastructure, the report said

Benchmark govt bond yields edge higher to 7.12% on profit booking

The benchmark 10-year yield ended at 7.1284%, following its previous close of 7.1068%, the lowest since April 10

Disney's surprise streaming entertainment profit offset by weaker TV biz

Revenue from traditional television business declined 8% to $2.77 billion and operating profit fell 22% from a year ago

Putin starts new six-year term as Russian Prez with challenge to West

Leading opposition figures are in prison or exile, and his best known critic, Alexei Navalny, died suddenly in an Arctic penal colony in February

Airbus delivers 61 aircraft in April up 13%, reaffirms A350F timeline

So far this year, the world's largest planemaker has sold 227 planes - or 222 after allowing for the conversions within the IAG airline group's order book

Nintendo set to announce Switch gaming console successor by March-end

The company has made incremental changes to its Switch devices, with sales of the OLED model growing year-on-year even as broader hardware sales continued their annual decline

Apple expected to show new iPads and possibly new chip at 'Let Loose' event

iPads, which currently come with Apple-designed chips that earlier appeared in the company's MacBook laptops, could get an upgrade with a new processor optimized for AI work

Kajaria Ceramics Q4 results: Net profit declines 5.2% to Rs 102 crore

Kajaria Ceramics, India's top tile-maker by market value, is the first among its peers to report results for the January-March quarter

Tesla's China manufactured electric vehicle sales decline 18% in April

The sharp slide contrasts with rising EV sales in the world's largest auto market, albeit at the slowest pace in a year in the first quarter, amid slowing demand and a ferocious price war

Japanese steelmaker JFE eyes overseas investments amid slower profit growth

In February, JFE announced an average increase in steel product sale prices of 10% from April to reflect rising raw material costs and global inflation

Israeli military seizes Rafah border crossing, steps up attacks on Gaza

The Israeli offensive took place as mediators struggled to secure a ceasefire agreement between Israel and its Hamas foes and as the conflict entered its 8th month

BP Q1 results: Net profit slides 40% to $2.7 billion, misses forecasts

The London-based company held its dividend at 7.27 cents per share and maintained the rate of its share buyback programme at $1.75 billion over the next three months, similar to the previous quarter

Saudi Aramco maintains $31 bn dividend despite lower net income in Q1

The Saudi government, which directly holds about 82.2 per cent of Aramco, relies heavily on the company's payouts, which also include royalties and taxes

Microsoft hit with Spanish startups' complaint over its cloud practices

The Spanish Startup Association, which represents more than 700 startups in Spain, cited a number of allegedly anti-competitive practices by Microsoft in recent years