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IMPACT OF CHINA ANTITRUST PROBE
Italian digital service company Engineering sells two units to AccentureEngineering, a prominent player in Italy's digital services landscape, is parting ways with its Alfahealth and Industries eXcellence units,...- Italy's antitrust regulator probes Apple over cloud services under Digital Market rulesUnder the rules, Apple must ensure that third-party providers of consumer cloud services can inter-operate effectively and free of charge...
- World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...
- Nepal's foreign minister visits China after calling on regional rival IndiaNepal's Foreign Minister Shisir Khanal met China's top diplomat following a recent visit to India, presenting a challenge for Beijing's reg...
- China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
- After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
- Exports rise 18% to 6-month high in May; trade deficit widensIndia's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerc...
- Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
- Donation row: Ram Temple Committee chairman welcomes move to constitute SITThe Uttar Pradesh government has formed a special investigation team to probe alleged irregularities in Ram temple donation funds. This mov...
- OpenAI under investigation by group of state attorneys generalA group of US state attorneys general has started a wide-ranging probe into OpenAI. The ChatGPT maker received a subpoena seeking documents...
- US Justice Department clears Paramount's acquisition of Warner BrosThe U.S. Justice Department has approved Paramount Skydance Corp's massive $110 billion acquisition of Warner Bros. Discovery. This regulat...
- Novo Nordisk hit by cyber incident, probes data breachDanish drugmaker Novo Nordisk has confirmed a security incident. Unauthorised access to internal IT systems occurred. Certain non-public da...
- World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
- EU order against Meta may last until June 2029, EU antitrust chief saysA key EU order for Meta Platforms to allow rival AI chatbots access to its WhatsApp messaging app will continue. This decision stands as th...
- EU orders Meta to open WhatsApp to rival AI chatbots for freeThe EU ordered Meta on Tuesday to give rival AI chatbots access to its WhatsApp platform for free within five working days as it carries ou...
- China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
- Paramount to face legal challenge from states on Warner dealTop lawyers from approximately 10 states, led by California, are preparing a legal challenge to Paramount Skydance Corp.'s $110 billion acq...
- US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources sayCalifornia, New York, and other states are preparing to sue and block Paramount's $110 billion acquisition of Warner Bros. The lawsuit, exp...
- India antitrust body targets beauty pageants with scrutiny of Mrs India IncIndia's competition watchdog is probing Mrs. India Inc. The beauty pageant organizer faces accusations of abusing its market position. Part...
- CCI orders probe into Mrs India Inc for alleged breach of competition rulesThe Competition Commission of India has ordered a probe into Mrs India Inc for alleged abuse of its dominant position. The beauty pageant o...
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