Page 504 - Reuters

With growing economy, Siemens has high hopes from Indian biz, says exec

Rebellius, head of Siemens' Smart Infrastructure business, said India was a priority for future investments as it upgrades its electric grid and invests in renewable energy

RBI directs credit card issuers to give users choice of other networks

RBI on Wednesday said issuers of credit cards shall not enter into any arrangement or agreement with card networks that restrain customers from availing the services of other networks

Elon Musk's X wins lawsuit against music publishers over copyright

Sony Music, Universal Music and other members of the National Music Publishers' Association trade group had sued X last June, seeking more than $250 million of damages

Ceasefire deal is in Hamas' hands as Ramadan nears, says Prez Biden

He said any exchange of prisoners cannot take place except after a ceasefire, reflecting Hamas' view that a ceasefire must, above all, be a step towards a settlement of the conflict

SpaceX faces hearing on engineers fired after criticising Musk over sexism

Starbucks, Amazon.com and Trader Joe's, all of which are facing nationwide union organizing campaigns, have raised similar arguments in pending board cases

General Motors, Magna, Wipro team up for automotive software marketplace

The joint venture, SDVerse, will link the buyers and sellers through a digital platform, where the software's features and attributes can be listed

Lawmakers seek to force ByteDance to divest TikTok or face ban in US

"Applications like TikTok that are controlled by foreign adversaries pose an unacceptable risk to U.S. national security," the lawmakers said in a fact sheet

Google rolls out changes for users, developers as EU digital rules loom

Changes to search results mean large intermediaries and aggregators will get more traffic while hotels, airlines, merchants and restaurants will get less, Google said in a blogpost

Russia mulls putting nuclear power plant on moon with China: Report

Borisov, a former deputy defence minister, said that Russia and China had been jointly working on a lunar programme and that Moscow was able to contribute with its expertise on "nuclear space energy"

China to work on quantum computing, AI in tech self-sufficiency drive

"We will fully leverage the strengths of the new system for mobilizing resources nationwide to raise China's capacity for innovation across the board." it said

Airbus presents 'totally unacceptable' offer to A220 workers: Union memo

Airbus is holding talks with the estimated 1,300 workers in Canada's province of Quebec at a time when the European planemaker is trying to control costs on its loss-making A220 jet

Facebook, Instagram down for thousands of users across globe: Reports

The disruptions started around 10:00 am ET, with more than 300,000 reports of outages for Facebook and about 40,000 reports for Instagram, according to the website

US vows to keep Boeing under microscope after audit: Secy Buttigieg

The FAA also said Monday it found "non-compliance issues in Boeing's manufacturing process control, parts handling and storage, and product control."

HPCL to start Rajasthan refinery by end-December using mostly Mideast oil

The state-run company expects the refinery to reach full capacity in about a year's time, Bharatan told Reuters in an interview

Air India, Vistara merger receives Singapore's conditional approval

Singapore's flagship carrier announced its plan to merge Vistara and Air India in November 2022, in a bid to create a dominant full-service airline in the domestic and international markets

India sugar crop woes create opportunity for Dubai's Al Khaleej refinery

Al Ghurair said India had stopped exporting because of bad weather and this had created more demand, at least temporarily

JPMorgan Chase joins France's payments network CB to avoid Visa, Mastercard

For payments made locally in France, it's usually cheaper for merchants run them over Cartes Bancaires

Govt extends mandate for utilities to import 6% of coal needs until June

India last year had asked utilities to import 6% of their coal requirements until March due to an unprecedented surge in power and coal demand

Crude oil steadies on Opec+ supply restraint, underwhelming China reforms

Brent crude was up 15 cents, or 0.2%, to $82.95 a barrel by 0911 GMT, while U.S. West Texas Intermediate (WTI) fell 21 cents, or 0.3%, to $78.53. Brent has gained almost 8% this year

Govt extends mandate for power producers to import 6% of coal needs

Coal accounts for about 75% of India's power generation, with coal-fired plants accounting for more than three quarters of India's use of the polluting fuel