India set to surpass China in need for oil as growth paths diverge
NEW DELHI: A change is on the horizon for oil demand, with India set to eclipse China as the most important driver of...
Jack Dorsey’s wealth tumbles $526 million after Hindenburg short
Block Inc. co-founder Jack Dorsey’s net worth was hammered after Hindenburg Research’s latest report, which alleged the payments company ignored widespread fraud.Dorsey’s fortune...
TikTok CEO grilled for nearly 6 hours by skeptical US lawmakers
WASHINGTON: A nearly six-hour grilling of TikTok’s CEO by lawmakers brought the platform’s 150 million US users no closer to an answer as...
Yellen: Wall Street ends higher as Yellen vows actions to safeguard deposits
NEW YORK: Wall Street closed higher on Thursday as market participants were reassured by US Treasury Secretary Janet Yellen's reassurances that measures will...
Rewarding hybrid cars doesn’t make sense: Mercedes
NEW DELHI: German giant MercedesBenz has thrown its weight behind domestic auto companies Tata Motors and Mahindra & Mahindra in demanding that hybrids...