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Jack Ma’s double-whammy marks end of China tech’s golden age

NEW DELHI: The full implications of Beijing’s rapid-fire moves against Jack Ma’s internet empire in recent…

Infosys Q4 profit rises 17.5%; announces Rs 9,200 crore share buyback

NEW DELHI: India’s software services company Infosys posted a 17.5% jump in quarterly net profit on…

Stocks making the biggest moves in the premarket: Goldman Sachs, Bed Bath & Beyond, JetBlue & more

Here are some of the companies making headlines in premarket trading: Goldman Sachs (GS) — Goldman…

Palm oil imports rise 57% in March, says trade body

MUMBAI: India’s palm oil imports in March jumped 57% year on year as refiners increased purchases…

Amazon moves SC against order restraining Future-RIL deal

NEW DELHI: Future Retail on Wednesday said Amazon has approached Supreme Court against a Delhi high…

JPMorgan Chase earnings are out — here are the numbers

JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative…

JPMorgan Chase beats profit estimates on strong trading, $5.2 billion release of loan-loss reserves

JPMorgan Chase on Wednesday reported profit and revenue that exceeded analysts’ expectations on robust trading results…

Grab’s not yet profitable but investors may give it ‘leeway’ to invest in growth areas, analysts say

SINGAPORE — Investors will be keeping a close eye on when Grab will turn profitable after…

Fundraising via public issues more than doubled in FY21

NEW DELHI: The finance ministry on Wednesday said fundraising through public and rights issues surged 115…

TikTok founder’s fortune places him among world’s richest

NEW DELHI: Just last year, the world’s most valuable startup, ByteDance Ltd, was being squeezed from…

Coinbase’s blockbuster debut is a ‘watershed’ for crypto — but there are risks ahead

Chesnot | Getty Images Coinbase is set to go public through a blockbuster direct listing Wednesday,…

Malls, airports told to sell only BIS-certified toys

NEW DELHI: The government’s standards organisation has asked all malls and airports to ensure no non-BIS…

Egypt ‘seizes’ Suez megaship, demands $1bn compensation

CAIRO: The megaship which blocked Egypt’s Suez Canal and crippled world trade for nearly a week…

Berenberg says rising inflation is here to stay — and names the stocks to play it

The U.S. Treasury building in Washington, D.C., on Friday, March 19, 2021. Samuel Corum | Bloomberg…

International travel is getting easier — except for the unvaccinated

Traveling abroad is getting less complicated for vaccinated travelers.   A growing list of countries is…

TCS to pay Rs 5,550 crore dividend in FY22

MUMBAI: Tata Consultancy Services (TCS) will dole out a Rs 5,550-crore dividend, of which more than…

Covid surge stokes recovery worries, hits growth forecast

NEW DELHI/MUMBAI: The surge in Covid-19 cases in several states across the country has stoked worries…

Chinese tech stocks rally after anti-monopoly pledge as regulators sharpen claws

A man holding a phone walks past a sign of Chinese company ByteDance’s app TikTok, known…

Tech billionaires are obsessed with climate change — but are they focusing on the right areas?

Combination: Jeff Bezos (L), Elon Musk (C) and Bill Gates (R). Reuters Climate change appears to…

IMF warns of a weaker economic recovery in Southeast Asia as Covid restrictions linger

SINGAPORE — The International Monetary Fund downgraded its forecasts for several Southeast Asian economies even as…