Page 1415 - Reuters/workspace/business Standard Web/video

Spotify files EU antitrust complaint against Apple for App store rules

Apple's control of its App store deprives consumers of choice and rival providers of audio streaming services, says Spotify.

Jet Airways' equity partner Etihad reports $1.28 billion loss in 2018

Etihad, which has trimmed its ambitions to be a major intercontinental airline to focus on point-to-point flights, has made losses of $4.75 billion since 2016.

China industrial output growth falls to 17-year low; jobless rate rises

China's survey-based jobless rate rose to 5.3% in February, from 4.9% in December

US court awards $29 mn to cancer victim who alleged J&J talcum had asbestos

In 11 cases so far alleging asbestos contamination in talc, three have resulted in wins for plaintiffs, awarding damages as high as $4.69 billion in a July 2018 multi-plaintiff ovarian cancer verdict

Dewan Housing Finance denies media report of clean chit by regulator

A consortium of 33 lenders, led by Union Bank of India, was said to have given a clean chit to the company after they heard an independent auditor report in a meeting.

RBI's $5 bn forex swap to keep rates, rupee appreciation down: Analysts

The central bank said it will conduct its first dollar/rupee buy-sell swap auction on March 26

Philip Morris terms machinery cost charged by India partner as biz expense

Philip Morris has for years paid manufacturing costs to Godfrey Phillips, despite a nine-year-old government ban on foreign direct investment in the industry,

Deliveries of 737 MAX frozen over bans; Boeing could lose $2.5 bn per month

The 737 MAX is banned from flying in most countries across the world following an Ethiopian Airlines crash on Sunday that killed all 157 people on board

February WPI inflation rises to 2.93% on jump in food, fuel prices

Wholesale food prices in February rose 3.29% year-on-year, compared with a 1.84 percent rise a month earlier

Investors turn bullish on the rupee for the first time in a year: Poll

Long bets on the rupee returned after early April last year, the poll of 11 respondents showed, with investors regaining some of their lost appetite for the currency that was the worst Asian performer

Brookfield to buy $4.8-bn stake in Oaktree to compete with Blackstone

Oaktree is the second US alternative-asset manager to sell itself in recent years

I'm in no rush to complete US-China trade deal, says Donald Trump

Trump and Chinese President Xi Jinping had been expected to hold a summit at the president's Mar-a-Lago property in Florida later this month, but no date has been set for a meeting

$25 mn US college scam: Hollywood actors, CEOs accused of paying bribes

The most sweeping college admissions fraud scheme ever unearthed in the United States was masterminded at a small college-preparation company based in Newport Beach

US joins other nations in grounding 737 MAX jets after second crash

Boeing, which maintained that its planes were safe to fly, said it supported the move to temporarily ground 737 MAX flights

Fiat Chrysler to recall 862,520 vehicles in US over excess emissions

The recall was prompted by in-use emissions investigations conducted by the EPA

Emerging market stocks fall as Brexit vote sours investors' mood

Sri Lanka's shares hit a 5-1/2-year low as investors awaited a budget vote to assess the political stability of the government

India to bar Boeing 737 MAX aircraft until safety concerns cleared

Boeing Co's 737 MAX aircraft would not be allowed to enter or transit Indian airspace after 1030 GMT on Wednesday, the ministry of civil aviation said

Airlines manage to keep calm and carry on after Boeing jet groundings

There were 371 of the 737 MAX family jets in operation before this week's groundings, led by China, according to Flightglobal

Bharti Airtel to lower direct stake in Infratel from 50.33% to 18.3%

Airtel's unit Nettle Infrastructure Investments Ltd will buy an up to 32 per cent stake in Bharti Infratel by March 18

Nissan, Renault break up almighty chairmanship after Ghosn's ouster

The removal of Ghosn, credited for rescuing Nissan from near-bankruptcy in 1999, had caused much uncertainty about the future of the alliance and some speculation the partnership could even unravel