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Business

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Goldman Sachs to settle lawsuit over role in 1MDB scandal
Goldman Sachs to settle lawsuit over role in 1MDB scandal

NEW YORK CITY, New York: Goldman Sachs has agreed to settle a shareholder lawsuit accusing it of misleading investors over its role...

Beijing slams EU for adding Chinese entities to Russia sanctions
Beijing slams EU for adding Chinese entities to Russia sanctions

BEIJING, China: China has sharply criticized the European Union's decision to include Chinese companies in its latest sanctions against...

Musk tempers robotaxi timeline as Tesla rollout lags plans
Musk tempers robotaxi timeline as Tesla rollout lags plans

LOS ANGELES, California: Tesla's long-promised robotaxi expansion is progressing more slowly than expected, with CEO Elon Musk adopting...

AI boom lifts Intel stock as demand for CPUs outpaces supply
AI boom lifts Intel stock as demand for CPUs outpaces supply

SAN FRANCISCO, California: Intel shares surged sharply after the chipmaker reported unexpectedly strong demand for its processors,...

Rising oil costs to dent P&G profits by $1 billion in 2027
Rising oil costs to dent P&G profits by $1 billion in 2027

CINCINNATI, Ohio: Procter & Gamble has warned that surging oil prices could shave about US$1 billion off its fiscal 2027 profit, underscoring...

Amazon drops job titles for ‘builder’ roles in two product units
Amazon drops job titles for ‘builder’ roles in two product units

SAN FRANCISCO, California: Amazon is experimenting with a new way to define roles within parts of its business, replacing traditional...

Engineering

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New industrial engines in central, western China power smarter, greener future
New industrial engines in central, western China power smarter, greener future

BEIJING, April 27 (Xinhua) -- China's central and western regions are shedding their traditional dependence on resources to drive a...

India, New Zealand sign FTA with tariff relief, USD 20 billion investment commitment
India, New Zealand sign FTA with tariff relief, USD 20 billion investment commitment

New Delhi, [India] April 27 (ANI): India and New Zealand signed the Free Trade Agreement (FTA) on Monday, marking a significant step...

Ravi riverbed encroachments stall flood-protection project in Pak; experts warn of monsoon devastation
Ravi riverbed encroachments stall flood-protection project in Pak; experts warn of monsoon devastation

Lahore [Pakistan] April 27 (ANI): The delay in clearing encroachments from the Ravi riverbed has stalled the second phase of a crucial...

Chinese seniors make comeback to classrooms in learning, skills quest
Chinese seniors make comeback to classrooms in learning, skills quest

BEIJING, April 27 (Xinhua) -- Liu Xuedong, a 66-year-old retiree in east China's Shandong Province, has authored a 160,000-word novel...

Taiwan: Former TSMC engineer sentenced to 10 years in prison for tech leak case
Taiwan: Former TSMC engineer sentenced to 10 years in prison for tech leak case

Taipei [Taiwan], April 27 (ANI): A former Taiwan Semiconductor Manufacturing Co. (TSMC) engineer has been sentenced to 10 years in...

Sabarmati bridge for bullet train project progresses steadily in Ahmedabad
Sabarmati bridge for bullet train project progresses steadily in Ahmedabad

Ahmedabad (Gujarat) [India], April 27 (ANI): The construction of a 36-meter-tall bridge equivalent to a 12-storey building (approx....