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Spice Board of India tells Everest, MDH to give details of quality checks

The companies' products are hugely popular in India and are exported to countries in Europe, Asia and North America

Apple's Q1 smartphone shipments in China down by 19%, worst since 2020

Apple lost its crown as the biggest smartphone seller in China to rival Vivo

China turns heat up on cross-border investments in local govt debt: Report

Local governments in China have the authority to grant QDLP licenses, and Hainan has been one of the most active issuers of such approvals

Adobe to bring tool for AI image generation to Photoshop this year

Adobe is developing its own image-generation AI system called Firefly, which is trained on data that Adobe has rights to, in order to avoid copyright infringement claims against users

China acquires recently banned Nvidia chips in Super Micro, Dell servers

While the US bars Nvidia and its partners from selling advanced chips to China, including via third parties, the sale and purchase of the chips are not illegal in China

Taiwan hit by dozens of earthquakes; sees no major damage, casualties

Taiwan's Central Weather Administration said the spate of earthquakes starting Monday afternoon - which it put at about 180 - were aftershocks from the large April 3 quake

Govt bond yields edge lower as oil prices stabilises, awaits fresh triggers

The benchmark Brent crude contract, which had crossed $92 per barrel earlier this month on fears of an escalation in the Middle East conflict

Russia to step up strikes on bases storing Western weapons in Ukraine

In remarks to defence officials, Shoigu said Russia had "dispelled the myth of the superiority of Western weapons" and its forces had gained the initiative along the 1,000 km (600-mile) battle front

General Motors beats quarterly results targets, raises annual forecast

"Our consumer has been remarkably resilient in this period of higher interest rates," GM Chief Financial Officer Paul Jacobson said

Spotify Q1 results: Revenue increases by 14%, in line with estimates

First-quarter MAUs rose 19%, but missed Spotify's own guidance and a median of analysts' forecasts of 618 million

UBS gets backing for capital plan, Ermotti pay from Norway wealth fund

The move could come at a cost for shareholders, who could see their holdings diluted in a crisis

PepsiCo Q1 results: Net revenue rises to $18.25 billion, beats expectations

Several rounds of price hikes in the U.S. have led consumers in the region to push back on the company's sodas and juices as sticky inflation makes customers cautious with their spending

UK businesses expand at fastest pace in 11 months, shows PMI survey

Last month the Bank of England estimated the economy grew just 0.1% in the first quarter and would do only slightly better in the second

No decision yet on ADNOC LNG project tie-up after Nikkei report: Mitsui

Other oil majors Shell, BP and Total Energies are also expected to invest, the report said

India sugar demand surges amid heat wave, elections; set to hit record high

But this year demand is above average as heat waves and election rallies boost consumption of ice-cream and soft drinks, said Avantika Saraogi, executive director at Balrampur Chini Mills

Pakistan eyes news IMF loan by early July: Finance Minister Aurangzeb

The country's current $3 billion arrangement with the fund -- which it secured last summer to avert a sovereign default -- runs out in late April

Renault Q1 sales lifted by financing arm, 2024 profit rises 2% at $12.5 bn

The Renault group sold 549,099 units during the first quarter, up 2.6% from the same period in 2023

April business growth at near 14-year high on robust demand, show PMIs

The reading has been consistently above the 50-mark separating expansion from contraction since August 2021

Electric car sales likely to rise but affordability in focus, says IEA

Ten million of those vehicles are expected to be sold in China

Here's what the gag order mean in Donald Trump's hush money trial case

Here's why Justice Juan Merchan imposed the gag order and what it bars the Republican presidential candidate from doing