Fitch Ratings said it upgraded the credit rating of Delta Air Lines Inc. to investment grade, reflecting significant improvement in the carrier's balance sheet over the past three years.

Delta's credit ascendancy: Fitch elevates airline to investment grade amid financial rebound

The metal 3D printers of Nikon Corp. are being explored by US defence and aerospace companies, according to the president of the Japanese precision equipment manufacturer.

Nikon's bold foray into defence and aerospace

The Commerce Department of the US is going to present proposed rules related to connected vehicles next month, aiming to limit the use of some software produced by China and other nations viewed as hostile adversaries, a senior official said Tuesday.

US Commerce Department targets Chinese vehicle software with stringent new rules

Paytm, India's digital payments pioneer, is again in the news owing to a regulatory crackdown. The company has notified its investors of an administrative warning from the country's market regulator, SEBI, over related-party transactions with Paytm Payments Bank in FY22 without auditor approval.

Paytm assures adherence amid SEBI warning for related party transactions

Skechers USA, a giant in shoes, filed a suit Tuesday accusing clothier and outdoor gear purveyor LL Bean of illegally copying its shoe designs, according to Reuters.

Skechers sues LL Bean over alleged shoe design infringement

Morgan Stanley beat second-quarter profit expectations on Tuesday due to its massive rise in investment banking revenues, even with the muted growth of its wealth management division.

Morgan Stanley exceeds Q2 profit expectations amid investment banking surge

The US Federal Trade Commission (FTC) has pulled Amazon for more information over its recent deal to hire top executives and researchers from AI startup Adept. That signals an increasing unease by the FTC regarding how AI-related deals are structured and follows a wider review of collaborations between major tech firms and top AI startups.

FTC inquires into Amazon's AI hiring deal amid broader scrutiny of big tech partnerships

UK economists are predicting slow expansion from the past to continue amid growing skepticism about Keir Starmer's newly-elected government to boost growth, a survey cited by Bloomberg showed.

UK economists doubt Labour party's ability to boost growth

US retail sales were unchanged last month as a drop in receipts at auto dealers was offset by gains elsewhere, a sign consumers remain resilient and are helping to support second-quarter economic growth.

US retail sales hold steady in June amid mixed sector performance

The National Company Law Tribunal (NCLT) has admitted to BCCI's petition seeking insolvency proceedings against troubled ed-tech firm Byju's. Byju's had a sponsorship contract with BCCI for the Indian cricket team.

BCCI drags Byju's to bankruptcy proceedings

The bull run in Indian stocks shows no signs of abating. Benchmark indices breached fresh records for the third straight session and eye new milestones. The blue-chip Sensex index opened at a record high and surged further to hit a fresh all-time high of 80,898.

Indian stocks hit new all-time highs

In yet another investor exodus from China to India, Singapore state investor Temasek has announced plans to invest up to $12 billion over three years in India's growing sectors of financial services and healthcare to offset losses in underperforming Chinese economy, according to sources quoted by Reuters.

Temasek pivots to India with $12 billion investment plan

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Zee News Rajasthan

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Hardik Bhardwaj

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