Page 1281 - Reuters/workspace/business Standard Web/video

Google faces antitrust case in India over abuse in smart TVs market: Report

The latest case alleges that Google's agreements with companies like Xiaomi and TCL India effectively stop them from using both the Android system and its modified version on different devices

Wall Street jumps 1% at open, shaking off Donald Trump's stimulus shock

The Dow Jones Industrial Average rose 198.60 points, or 0.72%, at the open to 27,971.36.

Dip in German industrial output casts doubt on strength of recovery

Factories churned out fewer capital goods and consumer goods, with the slump particularly deep in vehicle production

Billionaire wealth reaches new high during Covid-19 pandemic: UBS report

The pandemic accelerated a trend of technology and healthcare entrepreneurs, and other business innovators, pulling ahead of their ultra-rich peers

India's rice exports could jump to record on Thailand drought effects

Higher shipments from India, the world's biggest rice exporter, could cap global prices, reduce the country's bulging inventories and limit Indian state stockpiler purchases from farmers

Indian banks say govt interest waiver will add to costs, spark litigation

The change will waive the compounded interest component on small business loans and some personal debts from March to August

S&P Global sees US, European corporate default rates doubling in 9 months

S&P predicted U.S. corporate default rates would rise to 12.5% from 6.2% and saw Europe's rate going to 8.5% from 3.8%

Donald Trump urges Congress to provide $25 billion bailout for US airlines

American Airlines and United Airlines last week began laying off 32,000 workers

Citigroup terminates manager involved in running QAnon website

Citigroup Inc said it terminated a manager in its technology department following an investigation into his role as the operator of a popular website dedicated to the unfounded QAnon conspiracy theory

Factbox: How the four Big Tech companies gain and maintain dominance

US House of Representatives subcommittee issued a report detailing tactics biggest tech companies used to gain dominant positioning in online search, advertising, social networking shopping

Samsung likely to post 35% surge in Q3 profit as smartphone sales recover

Last year Samsung's chip business accounted for roughly half of its profit

Oil prices slide as Trump cancels aid talks, US crude stocks expand

US West Texas Intermediate crude oil futures fell 87 cents, or 2.1%, to $39.80 a barrel by 0104 GMT while Brent crude futures fell by 74 cents, or 1.7%, to $41.91 a barrel

Tesla's quarterly report could land Elon Musk another $3 billion

Each tranche gives Musk the option to buy 8.44 million Tesla shares at $70 each, about a sixth of their current price

Covid and no-deal Brexit could cost UK $174 billion a year: Baker McKenzie

Prime Minister Boris Johnson has set Oct. 15 as a deadline for clinching a post-Brexit trade deal which would kick in when the United Kingdom leaves informal EU membership at the end of this year

EU health regulator reviewing Pfizer-BioNTech Covid-19 vaccine in real time

The announcement by the European Medicines Agency (EMA) could speed up the process of approving a successful vaccine in the bloc

Afghan-Taliban peace deal: Mediators set rules to safeguard talks

The breakthrough was achieved with the help of US officials, as the two sides drew up 19 ground rules that their negotiators should observe during talks, the sources said

Donald Trump calls off US coronavirus relief talks with Democrats

In recent days, financial markets were hopeful progress toward a Covid-19 vaccine and another round of economic stimulus from Congress would boost the US economy

Wall Street ends lower after Trump calls off coronavirus relief talks

Stocks were higher before the remarks, but reversed course after Trump made the comments on Twitter

Daimler to cut fixed costs, capex over 20% by 2025; take Mercedes upmarket

The move will see Mercedes-Benz, currently the world's top selling premium car brand, turn its back on a decades-old strategy of chasing sales volume to focus on the industry's most profitable segment

Boeing slashes 20-year forecast for jet demand due to coronavirus

Boeing, also for the first time, lifted the lid on the first half of the 20-year period, showing steep declines for the coming decade on the heels of the COVID-19 crisis