The US Federal Trade Commission (FTC) on Tuesday filed a lawsuit on Tuesday seeking to block Amgen Inc.'s proposed $27.8 billion acquisition of Horizon Therapeutics Plc.

US trade regulator wants to block Amgen's $28 billion deal on hold. Here's why

Ride-hailing company Lyft Inc on Tuesday appointed Erin Brewer as its new Chief Financial Officer (CFO). She will replace Elaine Paul, who has served as Lyft's CFO since January 2022.

Lyft appoints Erin Brewer as CFO as ride-hailing company hits reset button

While lawmakers continue to hold marathon meetings to reach a deal on hiking the debt limit, another debt crisis is looming in the United States. A New York Federal Reserve report shows that the credit card debt of Americans stood at a whopping $986 billion — just a few billions short of the $1 trillion mark — as of March 31, 2023.

Nearly $1 trillion & counting: US households are drowning in credit card debt

Move over Dogecoin and Shiba Inu, there is a new memecoin on the block. PepeCoin is the new memecoin hitting the market with stratospheric gains. PepeCoin, inspired by a frog named 'Pepe', which often features in internet memes, leapt nearly 7,000 percent in the 17 days after its April 16 launch, hitting a market value of $1.

Move over Dogecoin: Memecoin PepeCoin jumps 7,000% since its 16 April debut

PVR INOX Ltd, the leading multiplex operator in India, on Monday announced a staggering quarterly loss of 3.33 billion rupees ($40.72 million) in its fourth quarter (January-March 2023) report.

PVR INOX's Box Office blues: A quarter marked by major losses

In a groundbreaking development, Indian carmakers have reached an agreement to eliminate import taxes on a limited number of vehicles in a trade deal with Britain.

India-UK automobile trade likely to get a big boost. Here's why

All eyes will be on China when it releases its latest economic data on Tuesday. Many China watchers feel that the monthly data is likely to show China's economy doing a lot better than in reality.

Rebound or downturn?: China to release key economic data on Tuesday

An economic recession in the US soon? Well, the Wall Street believes that recession has already arrived. US corporate earnings are experiencing what might become the worst prolonged drop in the last seven years.

United States already in a recession? Yes, the Wall Street feels so

India's foreign exchange reserves have jumped to a 11-month high, the latest Reserve Bank of India data shows. India's import cover rose by about $7.2 billion to nearly $596 billion in the week that ended on May 5.

India's foreign exchange reserves reach 11-month high

Vice Media, once hailed as a pioneer of new-media journalism, filed for bankruptcy on Monday, marking a significant downfall in the digital publishing industry. Leading lenders, including Fortress Investment Group and Soros Fund Management, are poised to acquire the bankrupt company, as per Reuters.

Vice Media, a digital content pioneer, files for bankruptcy

The Karnataka High Court on Thursday overturned the imposition of Goods and Services Tax (GST) worth Rs 21,000 crore on Gameskraft Technologies Pvt. Ltd. (GTPL).

Karnataka High Court quashes Rs 21,000 crore GST on Gameskraft Technologies

In a significant stride towards its economic reform agenda, the Egyptian government on Sunday successfully sold a 9.5 percent stake in state-run Telecom Egypt. Valued at 3.

Egypt sells stake in state-owned telecom firm for $121 million

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