There are more signs of tech trouble for tech firms - Apple and Google - as UK watchdog has launched an in-depth investigation into dominance of mobile browsers of these companies.

World Business Watch | UK investigating Apple, Google; mobile browser dominance under probe

The Biden administration plans next month to broaden curbs on US shipments to China of semiconductors used for artificial intelligence and chipmaking tools.

World Business Watch: US to broaden restrictions on China chip shipments

Mexico’s annual inflation accelerated in June to a level not seen since early 2001, leaving the central bank little choice but to continue its monetary tightening to tame spiralling consumer prices.

Mexico's annual inflation hits 21-year high in June

China unveiled tighter rules late on Thursday to better regulate its $1.3 trillion credit card industry, urging lenders to adopt a prudent growth strategy, and monitor risks more closely.

China tightens rules on $1.3 trillion credit card business

China has announced a raft of new steps to spur consumer demand for cars, saying it would consider extending a tax break for electric vehicles and plans to remove some restrictions on second-hand car sales.

China unveils plans to spur car demand, may extend EV tax break

Tesla chief executive Elon Musk and Shivon Zilis, a top executive at his brain-chip startup Neuralink, had twins in November of 2021. In April, Musk and Zilis filed a petition to change the name of the twins which was approved by a Texas judge a month later.

Petition filed by Elon Musk to change name of his twins approved

The Bank of England (BoE) has hinted at further interest rate rises as it vows to bring inflation back down to 2%. BoE's chief economist Huw Pill said that the central bank's focus was getting prices down and making life more affordable again.

Bank of England warns of rate hike, vows to bring down inflation

Germany recorded its first monthly trade deficit since 1991 in May as a result of higher import prices, show figures released. The Federal Statistical Office said exports reached $131.5 billion last month.

First export deficit for Germany in over 30 years

In US, over 22,000 workers in the tech and startup sector have lost their jobs in 2022. Also more than 12,000 employees have been fired in the Indian startup ecosystem.

Over 22,000 techies lose jobs in US, Indian startups fire 12,000 employees

India’s financial crime-fighting agency ED on Tuesday raided the offices of smartphone maker Vivo, owned by China’s BBK Electronics, and its related entities.

India's financial crime agency ED raids Chinese-owned Vivo

India's services sector logged its fastest growth in over 11 years after June month’s service activities improved further as per the the S&P Global India Services Purchasing Managers' Index (PMI) survey.

India's June services growth fastest in over 11 years

Singapore Airlines said it expects passenger capacity to reach about 81% of pre-pandemic levels by December as flyers rush to the skies after the easing of COVID-19 curbs.

Singapore Airlines expects to inch closer to pre-pandemic capacity by 2022-end

Tesla faces a series of hurdles ranging from production snags to rising inflation that may hit profits, as the electric-car maker reported a fall in deliveries for the first time in two years.

Tesla deliveries fall for first time in two years amid snags

Macroeconomic and geopolitical tensions are impacting many industries in the world but there are some sectors that are still positive and optimistic about growth prospects. One such company is global diamond giant De Beers. WION's Business Editor Sumit Chaturvedi spoke to Mark Jacheet, CEO, De Beers Brands on diamond industry.

Cautiously optimistic about growth of diamond industry, says Mark Jacheet

Inflation in Turkey rose close to 79% last month, the highest the country has seen in a quarter of a century. The annual inflation rate was 78.62% for June, according to the Turkish Statistical Institute, surpassing forecasts.

79% jump in Turkiye inflation highest in 24 years

Norwegian offshore workers began a strike on Tuesday that will reduce oil and gas output. Workers are demanding wage hikes to compensate for rising inflation.

Norwegian oil and gas workers start strike, cutting output

Egypt's Suez Canal revenue hit a record high of $7 billion in the financial year to June 30, up 20.7% from the previous year.

Egypt's Suez Canal records highest ever annual revenue of $7 billion

Wage negotiations between Scandinavian airline SAS and its pilots collapsed on Monday, triggering a strike that threatens the carrier’s future and extreme heat across Europe.

Airline SAS says survival at stake as pilot strike grounds flights

Amazon founder Jeff Bezon criticised the United States President Joe Biden for calling on companies running gasoline stations to lower their prices.

Jeff Bezos slams President Biden's call for gasoline stations to cut prices

Tesla CEO Elon Musk is back on Twitter with Pope's picture after 10 days. This was Musk's longest ever digital detox from Twitter in five years. He took a hiatus from Twitter from June 22.

Elon Musk backs on Twitter after 10 days, posts photo with Pope

The rate of flight cancellations and delays is higher this year than before the pandemic due to bad weather and staffing shortages.

Rate of flight cancellations, delays higher this year

Australia's mining and energy export revenues are forecast to climb 3% to a record $286 billion in the year to June 2023, buoyed by surging coal and gas prices in the wake of Russia's invasion of Ukraine.

Australia energy exports expected to climb 3% to $286 billion

Argentina's Economy Minister Martin Guzman submitted his resignation as the country's currency hit an all-time low and the inflation is running above 60%.

Argentina's economic minister resigns as currency hit an all-time low

Officials in Venice plans to impose an entry fee to the city or for the people coming on day trips. Over the years, over-tourism has led to crowding and harmful effects on the city and its environment.

Venice authorities to charge fee for day travellers

Many Ryanair Holdings PLC flights to and from Spain were cancelled on Thursday and several hundred others delayed during a strike by the low-cost airline's cabin staff.

Flights cancelled in Spain due to Ryanair staff strike

Piles of luggage beside baggage belts in airports from Canada to Europe are driving further demand for ground handlers, and adding to summer travel chaos as airlines scramble to bring back workers lost during Covid-19.

Fresh woes for summer travel: Luggage piles join long airport lines

Barclays is giving 35,000 of its staff in Britain $1,450 annual pay rise to help to ease the impact of the cost of living crisis. It also said that the pay rise will apply to staff in customer-facing roles.

Barclays offers pay hike to 35,000 staff to ease cost-of-living burden

Facebook-owner Meta Platforms Inc has cut plans to hire engineers by at least 30 per cent this year, CEO Mark Zuckerberg announced, as he warned to brace for a deep economic downturn.

Facebook parent Meta slashes hiring plans for new engineers by 30 per cent

Oil prices were little changed on Thursday as markets weighed a rise in US gasoline and distillate inventories and worries about slower economic growth amid concerns of supply tightness.

Oil prices stable as market weigh fuel stocks amid supply concerns

Airbnb has permanently banned parties at listed sites after it announced a temporary ban in August 2020. The firm said that the temporary ban was effective in curbing guests throwing unauthorized parties or chronic party houses that disturb neighbors.

Airbnb permanently bans 'disruptive parties' on all listings

China's factory activity likely expanded in June for the first time in four months, driven by a faster recovery in production and an easing of supply chain snags as manufacturing hubs emerged from lockdowns.

China's June factory activity likely expanded for first time in 4 months