India’s $1.4 billion tax demand a matter of survival for Volkswagen India unit

MUMBAI: A lawyer for an Indian unit of German carmaker Volkswagen said on Monday the country’s $1.4 billion tax demand could become...

Judge schedules hearing to block Musk’s DOGE access

The attorneys general argue that Musk's influence over government operations exceeds the powers allowed to non-elected officials

Russia fines Google 3.8mn roubles for YouTube clip telling Russian troops how to surrender

Russia orders foreign platforms to remove illegal content and fines non-compliance

Oil prices stable despite potential easing of Russian sanctions

Brent crude futures edge lower by 0.11% to $74.66 a barrel, while U.S. West Texas Intermediate crude drops by 0.07% to $70.69

South Korea suspends new downloads of DeepSeek AI app over privacy issues

The suspension applies to new downloads of the app, although its web service remains accessible in the country

Hong Kong responds to questions on cryptocurrency in immigration applications

The Hong Kong government has responded for the first time to questions about the use of cryptocurrencies as proof of wealth for...

Microsoft to invest $700 million in Poland’s AI and cybersecurity

Investing in Poland is driven by recent progress and the promising future it enables, says Microsoft President

South Korea to acquire 10,000 GPUs to stay competitive in global AI race

The government aims to secure GPUs through public-private cooperation to launch services at its national AI computing centre

Trump approves LNG exports

WASHINGTON: US President Donald Trump's administration said on Friday it has granted a liquefied natural gas export license to the Commonwealth LNG...

OpenAI rejects Musk’s $97.4b offer

BENGALURU: OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying...

Most Gulf markets little changed as US tariff woes persist

Most stock markets in the Gulf were little changed on Sunday with investors cautious over the potential implications of U.S. President Donald...

Banks sell down more X debt; just $1.3 billion now left on their books

Banks led by Morgan Stanley have sold to investors another chunky portion of loans that formed the $13 billion debt supporting Elon...

Meta launches AI-powered robotics division, enters humanoid robot race

The robotics division will focus on consumer humanoid robots, leveraging the capabilities of Meta’s Llama AI platform, says Meta CTO

Taiwan says semiconductor industry needs global collaboration not control

The remarks follow Trump's claim that Taiwan "takes" the industry and his call to restore U.S. chip manufacturing

9,500 federal workers dismissed as Musk reshapes government workforce

The administration argues that reducing government size and inefficiency is necessary due to a $36 trillion national debt and a $1.8 trillion deficit