Apple is challenging India’s antitrust body over a potential $38 billion fine
Apple filed a lawsuit against the Competition Commission of India over how the body uses global turnover when calculating fines.…
Category: Economy
Saba Capital activist Boaz Weinstein calls for removal of Baillie Gifford-run tech investment trust’s entire board
Activist hedge fund manager Boaz Weinstein wants to replace the entire board of Baillie Gifford's EWI trust. ...
With Trump’s tax bill set to dent giving by the wealthy, can middle-class donors make up the difference?
Next year, some 140 million Americans will get a new tax break on donations. Experts warn it's unclear whether they…
TikTok-fueled K-beauty boom triggers a retail race in the U.S.
K-beauty has vaulted into the American mainstream, driven by TikTok and younger, more diverse shoppers. Retailers from Ulta to Walmart…
Australia’s consumer inflation accelerates to 3.8% in October, overshooting estimates
The largest contributor to consumer inflation was the housing sector that saw price growth of 5.9%, driven by higher costs…
Sellers are taking their homes off the market at the fastest pace in nearly a decade
Home sellers are taking their homes off the market at a fast clip, because they are sitting for more than…
Taiwan’s President Lai lashes out against Beijing, pledging $40 billion in additional defense budget
Beijing considers democratically governed Taiwan as its own territory and regards its reunification with the mainland "a historical inevitability." Taiwan rejects…
Amazon faces FAA probe after delivery drone snaps internet cable in Texas
The probe comes as Amazon faces stiffer competition from Walmart, which has also begun drone deliveries. ...
Nvidia says its GPUs are a ‘generation ahead’ of Google’s AI chips
It was in response to Wall Street's concern that Google's TPU chips could threaten Nvidia's dominance of the AI infrastructure…