Trump signals tariff escalation against India with reciprocal trade measures
Incoming US president warns of matching India’s high duties on US exports, emphasizing “America First” trade policy
Barrick Gold seeks arbitration over Mali gold mine dispute
Canadian miner and Mali junta dispute mining rules since 2023; four Barrick executives arrested in November amid Mali's push to increase revenue share from gold mines
As bitcoin soars, luxury brands consider accepting crypto payments
Luxury brands explore crypto payments to attract new wealth
Honda, Nissan in merger talks amid shifting automotive market dynamics
Potential alliance aims to address challenges in EV development and global market share
Congo files criminal complaints against Apple in Europe over conflict minerals
Apple does not directly source primary minerals and says it audits suppliers, publishes findings and funds bodies that seek to improve mineral traceability
Insight: Adani deal under bribery scrutiny was approved against officials’ advice
Just a day after SECI approaches the state government, the 26-member state cabinet gives the deal its preliminary approval, led by Chief Minister YS Jagan Mohan Reddy
Alibaba to sell Intime department store chain for $1.3 bln loss
The deal is part of Alibaba's strategic shift away from offline retail operations to focus on its core e-commerce and cloud computing businesses
Meta settles with Australia’s privacy watchdog for A$50 million
The Office of the Australian Information Commissioner alleges that personal data of 311,127 Australian Facebook users is exposed to the risk of being disclosed to Cambridge Analytica
Oil dips on demand concerns, focus on Fed meeting
Brent crude futures ease 32 cents to $73.59 a barrel at 0949 GMT, while U.S. West Texas Intermediate crude falls 44 cents to $70.27 a barrel
China resident sentenced for stealing Tesla trade secrets
The U.S. Department of Justice announces the sentencing of 59-year-old Klaus Pflugbeil to 24 months in a U.S. prison.
Meta updates Ray-Ban smart glasses with AI video and live translation
The new features include video support for Meta’s AI chatbot assistant, enabling the glasses to process the user’s surroundings and respond to questions in real time
New U.S. rule mandates rear seat belt alerts to boost safety
The move aims to increase seat belt use and reduce traffic deaths and injuries, which have been rising in recent years
China’s Instagram-like Xiaohongshu expands e-commerce with over 300 million users
With over 300 million users and a valuation of $17 billion after its July funding round, the platform combines social media with curated shopping experiences
Facebook and TikTok must adopt safety-by-design features under UK law
The MPC meeting comes amid signs of significant economic improvement
Oil drops from highest in weeks, focus on Fed rate cuts
Brent crude futures fall 0.4% to $74.20 a barrel, and U.S. West Texas Intermediate crude drops 0.5% to $70.93 a barrel