The US economy witnessed its slowest growth in nearly two years during the first quarter, largely attributed to a surge in imports and a modest accumulation of unsold goods at businesses, Reuters reported.

US economy slows amid import surge; inflation accelerates

Alphabet, the parent company of Google, made headlines on Thursday with its announcement of its first-ever dividend and a $70 billion stock buyback. This sparked a frenzy among investors, propelling Alphabet's stock price nearly 16 per cent higher after the news.

Alphabet makes historic move with first dividend, $70 bn buyback; stocks skyrocket

ByteDance, the parent company of TikTok, is contemplating shutting down the popular short-video app in the US if legal avenues to combat the approaching legislation fail.

ByteDance leans towards TikTok shutdown in US amid legal battles

The Bank of Japan (BOJ) announced its decision to maintain ultra-low interest rates on Friday, with the objective of keeping borrowing costs low. According to Reuters, the central bank, in its quarterly outlook report, projected that inflation would hover near its 2 per cent target over the next three years.

BOJ projects inflation near 2 pc amidst yen's fall: Ready for a rate hike

Chinese electric vehicle (EV) manufacturer BYD is set to debut its upscale brand, Denza, at the Beijing auto show, indicating a bold foray into the luxury EV market.

BYD unveils Denza Z9GT, elevating China's EV luxury segment

Whirlpool Corp revealed plans to cut approximately 1,000 salaried positions worldwide as part of its efforts to streamline operations and reduce costs. According to Reuters, the home appliances manufacturer disclosed that it had initiated the first round of job cuts in March and anticipates further reductions by early May.

Whirlpool announces global workforce reduction, citing cost-cutting measures

Cisco Systems, a leading technology firm, disclosed that hackers exploited vulnerabilities in its Adaptive Security Appliances, enabling unauthorised access to government networks worldwide.

Cisco reveals security breach, warns of government network espionage

India has initiated inspections at the facilities of spice makers MDH and Everest following allegations of contamination, prompted by Hong Kong's suspension of sales for certain products due to purportedly high levels of a cancer-causing pesticide.

India conducts inspections on MDH, Everest amid contamination concerns

Meta Platforms, the parent company of Facebook and Instagram, faced a downturn in its stock value on Wednesday as it revealed projections of increased expenses and revenue figures below market expectations.

Meta's stock falls as higher AI spending, modest revenue forecast disappoint investors

TikTok's CEO, Shou Zi Chew, remains undeterred in the face of the recent legislative moves aimed at banning the popular short video app in the US, Reuters reported on Wednesday.

TikTok CEO expresses confidence amidst US ban threat: "We aren’t going anywhere"

The Democratic Republic of Congo (DRC) has formally accused Apple of incorporating minerals sourced from its conflict-ridden eastern region into its products, sparking concerns over ethical sourcing practices.

DR Congo accuses Apple of using conflict minerals from war-torn regions in products

McKinsey & Co, the renowned consulting firm, is currently under scrutiny of a criminal investigation in the US, with federal prosecutors probing into allegations that the firm played a major role in aggravating the opioid epidemic.

McKinsey faces criminal probe in the US over alleged role in opioid crisis

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Zee News Rajasthan

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Shashwat Sankranti

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