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    Reuters

    Tencent held a 13.5% stake in Krafton as of end-March through an investment vehicle, according to Krafton's regulatory filing.
    India blocks Krafton’s BGMI under the law it used to ban China apps

    The removal of BGMI, which had more than 100 million users in India, comes after India’s 2020 ban of another…

    By Reuters
    Updated: July 29, 2022 12:29 IST
    apple product sales
    Apple forecasts faster sales growth, strong iPhone demand despite glum economy

    The Silicon Valley giant’s shares rose 3.5% after hours following the release of the results.

    By Reuters
    July 29, 2022 11:48 IST
    Zipmex's solicitors submitted five applications on July 22 seeking moratoriums to prohibit legal proceedings against Zipmex for up to six months, the cryptocurrency exchange said https://bit.ly/3zEMmKD on Wednesday.
    Crypto platform Zipmex files for bankruptcy protection in Singapore

    Singapore-based Zipmex resumed withdrawals last week, a day after suspending them on July 20, and said it was working to…

    By Reuters
    July 29, 2022 09:18 IST
    Voyager was one of several crypto firms to struggle in the wake of broad crypto market turmoil.
    US regulators order Voyager Digital to stop ‘false and misleading’ deposit insurance claims

    In reality, the company simply had a deposit account at Metropolitan Commercial Bank, and customers investing via the company’s platform…

    By Reuters
    Updated: July 29, 2022 15:33 IST
    Wall Street, US Stocks, us stock market, amazon shares, apple shares
    Wall Street ends sharply higher for 2nd day, Amazon, Apple jump after hours; data shows US may be in recession

    U.S. stocks rallied for a second day on Thursday as data showing a contraction in the U.S. economy for the…

    By Reuters
    Updated: July 29, 2022 07:31 IST
    Fears of runaway inflation and aggressive monetary policy tightening biting into economic growth have spooked markets. (File/Reuters)
    US Stocks: Wall Street drops as shrinking economy brings recession closer

    A Reuters survey of economists showed GDP growth likely rebounded at a 0.5% annualized rate last quarter.

    By Reuters
    July 28, 2022 21:08 IST
    NBCUniversal's advertising sales declined 1.3% in the quarter, compared to a year ago when NBC had broadcast rights to National Hockey League games.
    Comcast revenue tops estimates as streaming and broadband subscriber growth remain flat

    Comcast announced it had 13 million paid subscribers to its Peacock streaming service, the same as last quarter

    By Reuters
    July 28, 2022 19:57 IST
    Global Markets: Shares take a breather after Fed rally, dollar slides on yen

    The Federal Reserve surprised no one by lifting rates 75 basis points to 2.25%-2.50% on Wednesday, but did alter its…

    By Reuters
    July 28, 2022 18:35 IST
    Tesla's battery supplier Panasonic Corp's Q1 profit dips due to China lockdown
    Tesla’s battery supplier Panasonic Corp’s Q1 profit dips due to China lockdown

    Panasonic said earlier this year that it would not be able to pass on all of the higher material costs…

    By Reuters
    July 28, 2022 17:40 IST
    Cryptocurrency lender Voyager Digital, based in New Jersey, reached a $3.74 billion market capitalisation last year
    Factbox: The cryptocurrency crash hit these companies the hardest

    Reportedly, several cryptocurrency companies have filed for bankruptcy or have been forced to look for emergency capital infusions

    By Reuters
    July 28, 2022 16:18 IST
    Maruti Suzuki feels squeeze as costs hit India's top carmaker
    Maruti Suzuki feels squeeze as costs hit India’s top carmaker

    Maruti recorded a profit of Rs 10.13 billion ($126.79 million) for the quarter that ended on June 30, compared with…

    By Reuters
    July 28, 2022 14:36 IST
    The company's shares fell 28% on the day and has drifted lower since, as a deteriorating economic outlook in Britain adds to pressure.
    ITV sees nine-month ad revenue flat, before World Cup boost

    The commercial broadcaster said its Studios and Media & Entertainment divisions had performed better than it had expected in the…

    By Reuters
    July 28, 2022 12:25 IST
    Toyota's April-June global vehicle output falls 9.8% short of target
    Toyota’s April-June global vehicle output falls 9.8% short of target

    The world’s largest automaker by sales has seen its output hit in recent months by the global chips shortage and…

    By Reuters
    July 28, 2022 10:49 IST
    samsung chip demand
    Samsung warns chip demand for phones, PCs to weaken as people shop less

    “In the memory business, server demand is expected to remain solid while PC and mobile demand is likely to see…

    By Reuters
    Updated: July 28, 2022 10:21 IST
    Cryptocurrencies, such as bitcoin, surged in price in 2020 and 2021 but have fallen this year
    Cryptocurrency assets need new rights in law, United Kingdom legal body says

    The Law Commission said digital assets such as non-fungible tokens (NFTs) do not fit into current private property law

    By Reuters
    July 28, 2022 09:40 IST
    In the second quarter, Meta reported $218 million in non-ad revenue, which includes payments fees and sales of devices like its Quest virtual reality headsets, down from $497 million last year.
    Meta posts first-ever revenue drop as inflation throttles ad sales

    The company said it expects third-quarter revenue to fall to $26 billion and $28.5 billion, which would make it a…

    By Reuters
    July 28, 2022 08:56 IST
    The company said podcast listeners reached a record in the quarter, as members choose from among 4.4 million podcasts.
    Spotify’s quarterly revenue, user growth beats expectations

    The Swedish music streaming company posted a 23% increase in revenue to 2.9 billion euros ($2.94 billion), beating analysts’ expectations…

    By Reuters
    July 28, 2022 08:22 IST
    Wall Street 04 (Reuters)
    US Stocks: Wall Street rises on Microsoft, Alphabet earnings as Fed decision looms

    The S&P index recorded one new 52-week high and 29 new lows, while the Nasdaq recorded 27 new highs and…

    By Reuters
    July 27, 2022 20:44 IST
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    Latest News

    Sagrada Familia, tallest church in the world, world's tallest church, Sagrada Familia height, Sagrada Familia history, why is Sagrada Familia so famous

    Story of Sagrada Familia – nears completion after 142 years, becomes tallest church in the world

    Svamitva Scheme Targets 45 Million Rural Property Titles by FY26 to Unlock Credit and Monetisation

    Property titles to 45 million rural families by FY26-end

    ‘She has no plans to convert,’ JD Vance defends wife Usha’s Hindu faith, blasts ‘Anti-Christian bigotry’

    GCPL Q2 Net Profit Misses Estimates Amid GST Woes.

    GCPL’s Q2 profit slips 6.5% to Rs 459 crore; buys Muuchstac brand for Rs 449 crore

    Americans set to witness ‘record tax refund season’ due to Trump’s ‘big beautiful bill’ – Here is why

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