Page 1270 - Reuters/workspace/business Standard Web/video

Facebook, Twitter, Google CEOs will defend tech platforms before US panel

Twitter's Dorsey will warn the committee that eroding the foundation of Section 230 could significantly hurt how people communicate online

German watchdog launches anti-trust probe into Amazon, Apple: Report

Amazon said that it is cooperating with the German authorities, adding it continuously invests to protect its store from illegitimate goods

Indian refiners bet on petrochems to cater rising demand, avoid low margins

At present Indian refiners are geared up to maximise output of diesel, which makes up about two-fifths of refined fuel demand in Asia's third-largest economy

'Who the hell elected you?': US Senate tech hearing becomes political clash

Senator Ted Cruz went after Twitter's Jack Dorsey after the CEO said Twitter has no influence over elections

Lost in translation: Amazon's website launch in Sweden marred by glitches

The word valdtakt, which means rape in Swedish, is being used on several products instead of raps - the correct Swedish word for a plant

Zuckerberg struggles to connect, forcing U.S. Senate hearing to pause

Facebook told the committee that Zuckerberg was alone. He was able to get connected in a couple of minutes.

Germany pushes up 2021 debt plans to finance new coronavirus aid

People familiar with the matter told Reuters earlier on Wednesday that Scholz is mulling a coronavirus aid package worth up to 10 billion euros to compensate firms forced to close

Boeing deepens job cuts as profit tumbles on 737 MAX, Covid-19 crises

The US plane maker also said it was sticking with the deeply reduced twin-aisle production rates announced in July, as well as the goal to hit a build rate of 31 narrow bodies monthly in early 2022

What's in the US law protecting internet companies - and can it be changed?

The hearing was about Section 230 of the Communications Decency Act, which offers big tech platforms protections from liability over content posted by users

Lloyd's insurer Apollo to stop underwriting Adani coal mine from Sep 2021

Carmichael has provoked controversy in Australia because it would open up a new thermal coal basin at a time of growing concerns over global warming, in a region that is in need of jobs.

Wall Street slumps as rise in coronavirus cases dims economic outlook

The Dow Jones Industrial Average fell 361.05 points, or 1.31%, at the open to 27,102.14.

General Electric posts quarterly profit as biz recovers from pandemic lows

GE said it expects industrial free cash flow to be at least $2.5 billion in the fourth quarter and positive in 2021

China bought nearly 30% of Indian steel exports in April-Sept - data

China bought 1.9 million tonnes, cornering 29% of India's finished steel exports, which hit their highest in at least six years at 6.5 million tonnes

US: Spy agency ducks questions about 'back doors' in tech products

These so-called back doors enable the NSA and other agencies to scan large amounts of traffic without a warrant

Trump or Biden's big economic challenge: Millions of struggling Americans

Congressional Democrats and the Trump administration have been trying to negotiate a $2 trillion coronavirus aid bill

China's domestic jet fuel demand back to near pre-coronavirus levels

Domestic aviation fuel sales amounted to about 2 million tonnes (523,300 barrels per day) last month

Novartis, Molecular Partner team up on coronavirus candidates treatment

Novartis has licenced global rights to two Molecular Partners antiviral drugs that have potential to treat Covid-19 patients, the two companies said

Tata Group to buy majority stake in BigBasket for about $1 billion: Report

BigBasket is in advanced talks to sell a majority stake for about $1 billion to Tata Group

Barcelona president Josep Maria Bartomeu submits resignation: Report

Bartomeu has been facing growing resentment in the last year due to the club's worsening finances and the team's decline on the pitch

Immunity against coronavirus diminishes over time, says UK study

Scientists at Imperial College London have tracked antibody levels in the British population following the first wave of Covid-19 infections in March and April