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Musk ramps up lawsuit against OpenAI, adding Microsoft, antitrust claims

Musk has a long-simmering opposition to OpenAI, a startup he co-founded and that has since become the face of generative AI through billions of dollars in funding from Microsoft

US industrial production sags in Oct amid continued drag from Boeing strike

The Fed estimated that the strike depressed industrial production by 0.2 percentage point in October after exerting a 0.3 percentage point drag in September

Musk's SpaceX preparing to launch tender offer in Dec at $135 per share

Musk, the world's richest person, is expected to wield significant influence in Washington to secure favorable government treatment for his companies

Dollar gains strength, poised for biggest weekly gain as rate cut hopes dim

A key pillar of support for the dollar has been the expectation that higher inflation under Trump will mean the Federal Reserve has less room to cut interest rates

Gold nears two-month low, headed for worst week in over three years

Spot gold was little changed at $2,568.37 per ounce as of 1215 GMT. Prices have fallen more than 4% so far this week

General Motors laying off nearly 1,000 workers worldwide, most in US

The layoffs come as car company is trying to reposition itself as a leader in electric vehicles and software, which are both costly. GM is aiming to cut $2 bn to $4 bn in losses on EVs next year

Review Starlink, Kuiper reach before spectrum allocation: Reliance to Trai

"The authority should critically examine the capacities created by these mega ... constellations such as Starlink and Kuiper," the letter dated Nov. 15 said

Aluminium jumps 8.5% to $2,730 after China cancels export tax rebates

Three-month aluminium on the London Metal Exchange soared as much as 8.5% to $2,730 a metric ton and was up 6.1% at $2,670 in official open-outcry trading

Donald Trump's transition team aims to kill Biden admin's EV tax credit

Elon Musk, one of Trump's biggest backers and the world's richest person, said in July that killing the subsidy might slightly hurt Tesla sales but would be "devastating" to its U.S. EV competitors

COP climate talks need reform, no longer fit for purpose: Climate leaders

Delegates struggled for hours on the opening day to agree an agenda and the mood has been soured by doubts about the United States' future role under a Donald Trump presidency, diplomatic spats

Investors stepping back from biggest losers in Donald Trump's trade war

Since the eve of the election, U.S. stocks have risen more than 4% while European equities have fallen about 1% and emerging market shares are at two-month lows

Alibaba misses quarterly revenue estimates, cloud revenue rises 7%

Its U.S.-listed shares were up 3.3% in pre-market trading, however, as it reported an adjusted profit of 15.06 yuan per American Depository Share, beating estimates of 14.88 yuan

US signs $6.6 bn semiconductor chip subsidy for TSMC before Trump's return

In April, TSMC agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030

Unilever reduces European job cuts, adds 1,000 roles for ice cream unit

Unilever said earlier this year it would axe 7,500 jobs globally as part of a restructuring to save about 800 million euros

Samsung Electronics plans $7.2 bn buyback to boost shareholder value

The board of directors will decide on ways to enhance shareholder value, including when and how to use the remaining seven trillion in the repurchase programme, the company said

China, UAE may cut Iran condensate imports if Trump tightens curbs: FGE

Condensate, an ultra light oil, is typically processed at splitters to produce mainly petrochemical feedstock naphtha or used as a diluent for heavy crude such as those from Venezuela

Chinese defence firms to join Vietnam arms fair as military ties grow

The two countries are close economic partners but have long been embroiled in maritime disputes in the South China Sea, where they have overlapping claims. They also fought a brief border war in 1979

Gold premiums reach 4-month peak as price drop attracts customers

Despite gold trading significantly below its record high, a shift toward precious metals in China has not been noticed yet, said Hugo Pascal, a precious metals trader at InProved

NTPC-ONGC green energy joint venture bids $650m for Ayana Renewable

Ayana Renewable Power, owned by NIIF, British International Investment Fund and Green Growth Equity Fund, operates solar and wind plants that produce 1,600 megawatts in India and has another 2,500

Lenovo looks to expand as Q2 results beat estimates; eyes AI growth

The Chinese technology company reported revenue of $17.9 billion for the quarter ended Sept 30, exceeding analysts' expectations of $16 billion