Amazon takes on India’s Reliance in court fight over retailer
WASHINGTON: A battle between Amazon.com Inc and Reliance Industries Ltd to dominate India’s $1 trillion consumer market is stoking nationalist rhetoric in...
Indian extradited to US from Singapore in call centre fraud
WASHINGTON:Â Singapore has extradited an Indian national to the United States to face charges in a call centre fraud that scammed millions of...
Huawei CEO says underestimated impact of US ban, sees revenue dip
'Huawei had not expected that US determination to 'crack' the company would be so strong and so pervasive'
HONG KONG: Huawei Technologies...
Oil slides as Saudi price cuts counter Middle East worries
Oil prices fell by more than 2% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in...
Amazon to foray deeper into fresh produce in India
BENGALURU: Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five...
Arif Naqvi unable to contest extradition trial due to US-UK political treaty
Abraaj Group Founder Airf Naqvi was not allowed to contest the charges in the indictment against him or submit evidence pertaining to...
ZTE stops rendering services to Pakistani telecom companies: Report
ZTE's future projects in Pakistan remain mired in uncertainty, its shares trading remains suspended on Hong Kong Stock Exchange and it delayed the announcement of its Q1 2018 earnings to a later date
Two Saudi oil tankers damaged in ‘sabotage attack’ off UAE
RIYADH:Â Two Saudi oil tankers were damaged in a "sabotage attack" off the United Arab Emirates coast, the official Saudi Press Agency reported...
How tech brands are digitally hammering global FMCG giants
According to a Foreign Policy report, the cash that Apple has on-hand exceeds the GDPs of two-thirds of the world’s countries
India attracts $40bn FDI from US amid tensions with China
NEW YORK: India has attracted over $40 billion in Foreign Direct Investment (FDI) from the US, after the latest funding spree from...
Goldman hikes 12-month gold price forecast to $2,300
Goldman Sachs on Tuesday raised its 12-month gold price forecast to $2,300 per troy ounce, aided by expectations of more downside in...
India ascends to fourth in global GDP rankings, USA on top
China holds the second spot and Germany the third in the new rankings for 2024
Samsung ends mobile phone production in China
SEOUL: Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic...
Pakistan, China to sign addendum on ML-1 railway project
ISLAMABAD: Pakistan and China will sign an addendum on ML-1 during the upcoming Belt and Road Forum to be held on October...
Malaysian PM proposes common Asia trading currency
TOKYO:Â East Asia should consider a common regional trading currency based on gold to promote commerce, and free the region from relying on...