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China also accused U.S. companies operating in the country of espionage, raising mistrust amid economic challenges and export growth.
S&P Global considers a credit rating downgrade for Paramount Global due to weakened cash flow amid its shift from linear TV to streaming.
Vietnamese electric vehicle manufacturer VinFast expands its global footprint by inaugurating its first integrated manufacturing facility in Tamil Nadu, India, with an investment of $500 million, aiming to create 3,500 jobs.
Tesco promises to adjust its supply chain to meet the rising demand as preference for indoor gardening, particularly among younger demographics, increases.
Royal Mail allegedly classified delivery drivers as self-employed, avoiding sick pay and minimum wage requirements, among other declining work conditions.
Analysts predict India could surpass China as the largest iPhone market by 2027, aligning with CEO Tim Cook's acknowledgment of record revenue in India.
Netflix, Spotify, and other digital media providers face scrutiny over their tax exemption as the World Trade Organization debates the fate of the e-commerce moratorium during its Abu Dhabi meeting.
Sarah Bond, Microsoft's Xbox President, hinted at an upcoming gaming console that promises to deliver the "largest technical leap" in Xbox history.
Tesla is set to issue a software update to address rear camera issues affecting 8,700 vehicles in China amid ongoing regulatory scrutiny.
Spotify's EU complaint over Apple's alleged unfair competition receives a reply from the Cupertino-based company as a potential 500 million euro fine looms.
Microsoft has joined forces with NAB and CITT to provide a powerful shield against cyber threats to small businesses in Victoria, fully supported by the state government.
Volvo Cars' 5% decline in European markets comes after it decides to distribute 62.7% of its Polestar stake to shareholders, aiming to refocus resources for transformation.
Vodafone Idea Limited witnessed a significant surge in share value, with prices rising 9% to Rs 17.60 ($0.21), while announcing plans for fundraising to address high debt levels and facilitate 5G network upgrades.
The UK industry regulator's announcement entails a £20 reduction in the energy price cap, offering relief to consumers, yet introduces a temporary charge.
Renault CEO Luca de Meo urges European industrial nations to counter the threat of cheap foreign electric vehicles, highlighting Europe's passive stance in contrast to US subsidies and Chinese industrial strategies.
CEO Tufan Erginbilgic attributes Rolls-Royce's success to its transformation efforts, with a forecasted 6% profit growth in 2024.
Critics question Soriot's pay package justification amidst concerns over income inequality and corporate governance.
A widespread cellular service outage affects major providers like AT&T, Cricket Wireless, Verizon, and T-Mobile across the United States, and no definitive explanations have been provided yet.
Under Jonah Peretti, BuzzFeed's layoffs will be in line with their aligned efforts to keep up with changing market dynamics for a more sustainable model.
The IRS Commissioner Daniel Werfel promises rapid implementation of the new 2024 Tax Relief Act and eligibility mirroring existing guidelines.
Australia's finance department has admitted to accidentally sharing confidential commercial information for the second time.
Doctors in the United States report feeling burnt out at work due to admin tasks, but most believe AI could eventually help reduce their burden.
The economy is China's utmost priority as they draft a law to protect private firms and promote nation confidence and innovation.
Tom Ochinero, a senior executive at SpaceX, resigns amid active preparations for Starship rocket's third test flight and Starlink satellite internet project expansion.
The New York City Governor addressed the high number of shoplifting cases, but storeowners want the government to intervene.
Former Warner Bros. executive Jay Levine assumes CEO role at Kevin Hart's Hartbeat, aiming to expand the entertainment company's reach and innovation.
BAE systems saw a spike in their profits in 2023 alone, amounting to $27.3 billion as a weapons manufacturer amid war in Ukraine and Gaza.
Meta, Microsoft, and other critics are rallying against Apple's new app store terms that are "malicious" for app developers.
Apple COO Jeff Williams takes a rare trip to Taiwan to commemorate Foxconn's 50th anniversary, while CEO Tim Cook remained true to his words to steer clear away.
Disney dominates the licensing renaissance with a portfolio twice the size of its competitors as studios seek revenue beyond streaming platforms for future growth.
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