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Amazon defeats IRS appeal in $15.5-billion tax dispute with subisidiary

In a 3-0 decision, the 9th U.S. Circuit Court of Appeals in Seattle upheld a 2017 ruling by the US Tax Court

Trump says China talks 'productive' but Beijing vows tariff retaliation

Trump said he did not think Beijing would retaliate for the US tariffs and that he believes China wants to make a trade deal

As credit crunch bites, Indians pawn off family gold for quick funds

The trend, which has prompted some lenders to impose restrictions as risks and borrowing costs rise, has been accelerated by record gold prices

Auto companies cut more jobs, halt production as India slowdown bites

Toyota, Hyundai halt production; auto part makers Denso, Bellsonica cut 350 jobs each.

Market tanks as stimulus hopes dim; CEA asks companies to change mindset

CEA Subramanian said it would be a 'moral hazard' if the government were to use public money to cushion private losses

Thyssenkrupp moves court over EU's veto against Tata Steel joint venture

The complaint to the General Court of the European Union - seen as a symbolic move - comes after the Commission in June vetoed plans to create Europe's second-biggest steelmaker

India's July petrol imports hit highest level in 8 years at 230,000 tonnes

India's imports of crude oil have stalled in recent months, with both coal and liquefied natural gas also soft

How to revive India's economy? Encourage ecommerce, says Amazon executive

Agarwal said Amazon works with some 500,000 sellers, and has created over 200,000 jobs in India since launching its ecommerce operations in 2013

IMF warns against rate cuts, currency intervention to improve trade balance

The IMF blog emphasized that global external imbalances are not grossly misaligned and repeated the fund's view that China's external position

Xiaomi sees slowest growth since listing on fewer sales, Huawei competition

Xiaomi's market share in China declined by a fifth in the April-June quarter even as Huawei's share surged by 31%, according to research firm Canalys

Parle may cut up to 10,000 jobs, slash production as slowdown bites

A sharp drop in Parle's biscuit sales means the company may have to slash production

'You prepare for war': How one US firm tried escaping Trump's China tariffs

Rising labour costs and tighter regulations in China had already led companies to consider moving their business elsewhere in Asia, but the trade war may force their hand

Trump looking at possible tax cuts, asset sale amid economic recession fear

Trump dismissed fears of a slowdown, extolling low unemployment and a rising stock market over his tenure

Boeing to add 'a few hundred' employees to get 737 MAX flying again

Boeing reiterated that it is working toward getting the 737 MAX flying again commercially in the 'early fourth quarter'

Walmart sues Tesla for negligence after solar panels catch fire at stores

Walmart sues Tesla for negligence after repeated solar panel system fires

Facebook users to see, control personal data taken from other websites

The social media site said if a user clears their off-Facebook activity, Facebook would remove the user's identifying information from the data that apps and websites choose to send

Alibaba and the $15 bn question: Amid Hong Kong protests, when to list?

More than 10 weeks of confrontations between police and pro-democracy protesters have plunged Hong Kong into its worst crisis

US to extend Huawei's partial reprieve on supply curbs for 90 days

The extension renews an agreement set to lapse on August 19, continuing the Chinese company's ability to maintain existing telecommunications networks and provide software updates to Huawei handsets

India probes impact of high refined palm oil imports on domestic sector

Malaysian exports of refined palm oil to India, the world's biggest importer of edible oils, jumped 727% in the first half of 2019 to 1.57 million tonnes compared with the same period a year before

Cathay Pacific Airways CEO quits in blowback over Hong Kong mass protests

Augustus Tang has been named as the new chief