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Retail inflation for farm workers and rural labourers rose marginally to 2.78 per cent and 2.96 per cent in March, mainly due to higher prices of certain food items. Consumer Price Index-Agricultural Labourers (CPI-AL) and Consumer Price Index-Rural Labourers (CPI-RL) Read more
Apple Inc (AAPL.O) has created a $200 million fund to invest in timber-producing forest properties that will be managed to help remove carbon from the atmosphere while also generating a profit, it said on Thursday. Apple last year set out Read more
The European Union is concerned that time is running out for the United States to remove tariffs imposed by former President Donald Trump on steel and aluminium, a senior EU trade official said on Thursday. Citing U.S. national security grounds Read more
Self-drive automaker Cruise, backed by General Motors Co (GM.N), on Thursday said it raised $2.75 billion in its latest funding round with additional investment from Walmart Inc (WMT.N) and others, taking the startup’s valuation over $30 billion. The announcement comes Read more
BlackRock Inc’s (BLK.N) first-quarter profit beat Wall Street estimates on Thursday, as a continued rally in global financial markets and broad-based strength in the asset manager’s businesses helped vault the firm’s assets under management to a record $9.01 trillion. “The Read more
An advocacy group on Thursday called on Facebook Inc (FB.O) Chief Executive Officer Mark Zuckerberg to not create a version of photo-sharing app Instagram for children who are under 13, as it would put them at “great risk”. The letter Read more
Nissan Motor Co (7201.T) will slash production at several factories in Japan next month, three sources with direct knowledge of the plan told Reuters on Thursday, in the latest hit to an automaker from a global shortage of semiconductors. Japan’s Read more