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EV firm Lotus Tech reports quarterly revenue jump on strong demand for luxury cars

(Reuters) - Lotus Technology reported a sequential surge in quarterly revenue on Monday, less than two months after going public, due to strong demand for its luxury electric cars. The revenue jump is

EU regulators assess Apple’s plan for complying with music streaming order

By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are checking to see if an Apple proposal would comply with their order to let Spotify and other music streaming services inform users of

Analysis-If you can’t beat ’em? European politicians embrace TikTok despite security fears

By Andreas Rinke, Matthias Williams BERLIN/LONDON (Reuters) -When Simon Harris became Ireland's prime minister-in-waiting in March, he turned to a favoured platform to express himself: TikTok.  In a

Analysis-Google’s contemplated mega deal would prompt new fight with regulators

By Milana Vinn and Anirban Sen (Reuters) - Google parent Alphabet's contemplated acquisition of marketing software company HubSpot would likely spark opposition from regulators even as many experts

TSMC wins $6.6 billion US subsidy for Arizona chip production

By David Shepardson and Stephanie Kelly WASHINGTON (Reuters) - The U.S. Commerce Department said Monday it would award Taiwan Semiconductor Manufacturing Co's (TSMC) U.S. unit a $6.6 billion subsidy

China’s Didi, GAC Aion to mass produce robotaxis next year

(Reuters) - Chinese ride-hailing giant Didi Global said its self-driving unit's joint venture with EV maker GAC Aion has received a license to mass produce electric robotaxis in the country, and that

Alibaba Cloud announces price cut on products powered by offshore data centers

By Josh Ye HONG KONG (Reuters) - China's Alibaba Cloud on Monday said it will cut prices for products that are powered by its offshore data centers by as much as 59% amid rising competition to attract

Web Summit CEO returns six months after resigning

By Supantha Mukherjee STOCKHOLM (Reuters) - Web Summit co-founder Paddy Cosgrave on Monday returned as its chief executive officer, six months after resigning from the top job following a backlash

Brazil judge opens inquiry into Musk after refusal to block accounts on X

By Anthony Boadle BRASILIA (Reuters) - A standoff between Elon Musk and Brazil escalated on Sunday when a Supreme Court judge opened an inquiry into the billionaire after Musk said he would reactivate

Brazil judge opens inquiry to Musk after refusal to block accounts on X

By Anthony Boadle BRASILIA (Reuters) - A standoff between Elon Musk and Brazil escalated on Sunday when a Supreme Court judge opened an inquiry into the billionaire after Musk said he would reactivate

On Camera

What does a Swiss court ruling on bond wipe out mean for Yes Bank

India must create a modern resolution regime for financial institutions—one that provides clarity on creditor hierarchies, transparency in decision-making and legal certainty.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.