Google has racked up some 2 undecillion rubles ($2.5 decillion) worth of fines in Russia after years of refusing to restore the accounts of pro-Kremlin and state-run media outlets, the RBC news website reported on October 29, citing an anonymous source familiar with court rulings against the tech company.

Russia fines Google $2.5 decillion over YouTube bans: Report

Indian IT major, Tata Consultancy Services (TCS) stated on October 29, that it has won a 15-year contract from Ireland’s Department of Social Protection to implement and support the country’s new auto-enrolment retirement savings scheme known as ‘My Future Fund’ according to a detailed report by Business Standard.

TCS secures 15-year pension contract with Irish government

Elon Musk's artificial intelligence venture, xAI, is reportedly seeking a new funding round that could elevate its valuation to approximately $40 billion. This comes just months after the company raised $6 billion, according to a source familiar with the situation, as reported by Bloomberg.

Elon Musk’s xAI seeks $40 billion valuation in new funding round

The European Union's (EU) recent decision to impose tariffs of up to 35.3 per cent on Chinese electric vehicles (EVs) has provoked significant backlash from Beijing.

EU's tariffs on Chinese electric vehicles ignite tensions with Beijing

The US job openings tumbled last month to their lowest level since January 2021, a sign that the labor market is losing some momentum. Still, posted vacancies remain well above pre-pandemic levels according to a detailed report by Associated Press.

US job openings drop in September to a 3 1/2-year low

Shares of Trump Media rallied more than 8 per cent on October 29 after whipsawing in the company’s heaviest and most volatile trading day since going public, according to a detailed report by CNBC.

Trump Media closes 8% higher after rollercoaster trading session

Cryptocurrency firm Consensys said on October 29, it would cut 20 per cent of its total workforce, citing broader macroeconomic pressures and ongoing regulatory challenges facing the industry according to a detailed report by Reuters.

Crypto firm Consensys cuts 20% of workforce amid macroeconomic, regulatory headwinds

Starting December 1, China will implement a zero-tariff policy for goods imported from countries classified as the world's least developed, a strategic move designed to reduce shipping costs from parts of Africa and Asia while enhancing China's influence in global trade as detailed in a report by the South China Morning Post.

China bolsters global trade ties with zero-tariff initiative for developing nations

Volkswagen is contemplating significant layoffs and a 10 per cent pay cut for all employees as part of its strategy to restructure operations in Germany, according to the company’s works council.

Volkswagen plans layoffs and pay cuts amid plant closures

Shares of Trump Media, the company behind the social media platform Truth Social, skyrocketed over 21 per cent on October 28, spurred by Donald Trump’s campaign rally in New York City.

Trump Media stock soars 21% following New York City rally

In another setback for the Adani group, the Securities and Exchange Board of India (SEBI) has issued show-cause notices (SCN) to other Adani group firms. This comes after Adani Energy Solutions disclosed the SEBI's show cause notice on Friday in its September quarterly results report.

SEBI's show cause notices mark another setback for Adani Group 

Reserve Bank of India (RBI) Governor Shaktikanta Das offered a cautiously optimistic view of the Indian economy amidst mixed signals surrounding festival season demand.

Optimism Prevails: RBI Governor Shaktikanta Das on India's economic outlook

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