Toyota promised Friday to beef up supervision of its vehicle certification to ensure that the scandal that erupted recently over improper tests never happens again.

Toyota's scandal-ridden certification process sends shockwaves through Japan's auto industry

Shares in Paramount Global jumped 6 per cent premarket Friday after investors cheered the strong growth of the media group's streaming business, even as the company joined its rival Warner Bros Discovery in writing down the value of its TV assets.

Paramount's streaming triumph fuels investor optimism amid traditional TV turbulence

A large majority of economists surveyed believe that interest rates will come down by only a quarter point in September, at odds with some calls by large Wall Street banks for a jumbo cut at the next meeting.

Economists remain cautious amid divergent projections on Fed rate cuts

The number of Americans filing new claims for unemployment benefits fell sharply last week, according to Reuters, easing fears of a possible slowdown in the US labour market.

US jobless claims fall sharply, easing recession fears

The sharp slowdown in the US job market, which sent global stock markets into turbulent days, has triggered speculation that the Federal Reserve might cut interest rates before its next scheduled meeting in September.

Global market turmoil sparks speculation on early Fed rate cut

Despite reporting a record loss, Suzano SA, the world's largest wood pulp supplier, still manages to report optimism driven by the potential future benefits of a weakened Brazilian currency.

Suzano SA looks past record loss on weakened Brazilian real

A group of some 1,200 technology workers vowed to support Kamala Harris's presidential bid, part of an effort to demonstrate wide industry support in Silicon Valley for Democrats outside its most vocal investor class.

Tech industry rallies behind Kamala Harris in show of collective support

Social media platform X, earlier known as Twitter, agreed Thursday to stop using the personal data of users in the European Union for training its artificial intelligence to settle ongoing legal action.

X agrees to pause AI training with EU user data amid legal dispute

Thailand has approved a raft of incentives for joint ventures (JV) between Thai and foreign companies to manufacture automotive parts for cars using all types of propulsion systems, according to Thailand's Board of Investment on Thursday.

Thailand offers new incentives for joint ventures to boost auto sector

To regain investors' confidence and to mend its bruised reputation, Australia's Qantas Airlines is slashing the fiscal 2023 pay of ex-CEO Alan Joyce by a record amount.

Qantas reforms: Fiscal reckoning under reputational crisis

LATAM Airlines is eyeing fleet additions of smaller planes like Embraer's E2 model and the Airbus' A220, the firm's Brazil head said on Wednesday. "We have mapped out what growth could look like with a smaller (capacity) fleet," executive Jerome Cadier told journalists.

LATAM Airlines explores fleet expansion with Embraer and Airbus

Monster Beverage came up short of market expectations for its second quarter sales Wednesday, citing budget-conscious consumers trimming spending on its pricey energy drinks amid an uncertain economic climate.

Monster Beverage falters as consumer spending tightens amid economic uncertainty

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Zee News Rajasthan

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Hardik Bhardwaj

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