India’s economy grows 8.4%, fastest pace in six quarters
India's economy rose 8.4% in the October-December period, the fastest pace seen in six quarters and beating all estimates, partly helped by...
Fresh sanctions pose risk to India’s Russian oil sales
Sources say that Indian refiners are concerned the latest sanctions will create "challenges" in getting vessels for Russian oil
Google hit with €2.1bn lawsuit by European publishers over ad revenue losses
The lawsuit comes at a time when Google’s core advertising business is facing an existential threat from the shift to generative AI chat
Reliance, Disney to merge India media assets to create $8.5bn powerhouse
Merged entity will have 120 TV channels and two streaming platforms
Apple cancels decade-long electric car project, source says
Apple (AAPL.O) has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a decade after...
Bitcoin scorches past $57,000 as big buyers flock in
Bitcoin hit a two-year high on Tuesday, on track for its biggest two-day rally this year, on signs large players were buying...
Exclusive: India considers export tax on low-grade iron ore, sources say
India is considering an export tax on low-grade iron ore after small steel producers urged the government to curb its overseas sales,...
UAE dropped from financial crime watch list in win for nation
The United Arab Emirates, home to the financial hub of Dubai, has been dropped from a global watchdog's list of countries at...
Nvidia hits $2tr valuation as AI frenzy grips Wall Street
Nvidia (NVDA.O) hit $2 trillion in market value on Friday, riding on an insatiable demand for its chips that made the Silicon...
Oil set for weekly decline with Fed in no rush to cut interest rates
Oil prices fell on Friday and were on track for a weekly decline after the U.S. central bank indicated that interest rate...
Exclusive: Reddit in AI content licensing deal with Google
Social media platform Reddit has struck a deal with Google (GOOGL.O) to make its content available for training the search engine giant's...
Exclusive: US targets China’s top chipmaking plant after Huawei Mate 60 Pro, sources say
The Biden administration is turning up the heat on China's top sanctioned chipmaker by cutting off its most advanced factory from more...
China slashes mortgage reference rates to revive property market
China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property...
Saudi index at 18-month high leads Gulf market gains
The Dubai stock market, which has reached record highs, could remain on an uptrend as business activity supports robust performance expectations
OpenAI valued at $80bn after deal, NYT reports
Microsoft-backed (MSFT.O) OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New York Times...