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Google restricts creation of new accounts for Russian users, says report

The ministry said there was no certainty that SMS confirmations for two-factor authentication would continue working, Interfax reported

SNB cuts interest rates by 25 basis points for third time this year

Markets had priced in a 55 per cent probability of a 25 basis point cut before the decision

Altilium and JLR to test EV batteries made using recycled materials

There is also regulatory pressure on automakers and battery makers to recycle

Saudi Aramco raises $3 billion from bonds in second debt sale since July

The world's top oil exporter raised $6 billion from a three-tranche bond sale in July

US Steel says arbitration board in favor of Nippon Steel's $14.9 bn buyout

Nippon Steel had paid a hefty premium to clinch the deal for US Steel on a bet that it could benefit from US President Joe Biden's infrastructure spending bil

Vietnam says Elon Musk's SpaceX has plans for $15 bn Starlink investment

Last year's talks were stymied by questions about ownership of the company SpaceX would have to set up in Vietnam

US, allies call for 'immediate' 21-day ceasefire between Israel, Hezbollah

Israel widened its airstrikes in Lebanon on Wednesday and at least 72 people were killed, according to a Reuters compilation of Lebanese health ministry statements. The ministry earlier said at least

Malaysia generating enough energy for big development projects, exports: PM

The investment boost has helped propel Malaysia's economy this year, with growth beating expectations in the past two quarters

Legislation to curb US investment in China is top priority, says lawmaker

Moolenaar's remarks signal Congress could revive long-sought restrictions on US investment in China, which have faced a rocky path in Washington

Indian shares hit record highs helped by gains in IT and consumer firms

The consumer goods index was up 0.4 per cent and was among the top gainers of the 13 major sub-indexes

Indian bond yields may partly reverse fall as US peers move higher

US bond yields rose, as traders booked profits after a recent fall, and as yields witnessed a floor. However, the possibility that the Fed could do another outsized rate cut remain intact

Japan's Self Defense Force passes through Taiwan Strait for first time

Japanese Chief Cabinet Secretary Yoshimasa Hayashi declined to comment on the report, while expressing concern about China's increased military activity in the region

Blackstone confirms $13 bn investment in Britain for AI data centre

Previous plans for the site fell through when UK startup Britishvolt collapsed last year, in a blow to the country's hopes of building a home-grown battery industry

Rupee awaits Powell's comments, US inflation after failure to breach $83.5

In each the last three sessions, the rupee has been unsuccessful in climbing past 83.50, a level which market participants say is important for the currency to take out to sustain its upward momentum

Karnataka plans tax waivers for hybrid vehicles, incentives for EVs

Toyota's push is at odds with rivals such as Tata Motors and Mahindra & Mahindra which want to keep the focus on EVs, saying incentives for hybrids would hurt India's goals for their adoption

India's manufacturing incentives progress amid efforts to cut China imports

Incentives have resulted in production worth about Rs 11 trillion ($131.6 billion) and nearly one million jobs over four years, Amardeep Singh Bhatia said

Google files complaint to EU over Microsoft's Azure cloud practices

Google pointed to 2023 study by cloud services organisation CISPE which found that European businesses and public sector bodies were paying up to $1.12 bn per year on Microsoft licensing penalties

Centre asks Tamil Nadu govt to resolve Samsung workers' strike: Report

Samsung has defended its wages, saying its workers at the Tamil Nadu plant are paid almost twice as much as employees in nearby companies

US 30 year mortgage rate slips to 6.13%, refinancing activity jumps

Refinancing now accounts for more than 57 per cent of all mortgage applications, the data show, above the historic median of 48 per cent

Bangladesh Hasina's son wants role for her party in reforms, election

The BNP said it would like elections held at the earliest opportunity