Business - Asian News from UK

Twitter to sue Musk as he abandons $44 bn takeover deal

Musk’s legal team said he is terminating the deal because Twitter was in “material breach” of their agreement and had made “false and misleading” statements during negotiations. Micro-blogging platform Twitter on Saturday

July 9, 2022

-Top News·Business·USA

Akasa Air all set to fly

The airline added that it is the first airline whose end-to-end AOC process was conducted using the government’s progressive eGCA digital platform….reports Asian Lite News India’s new airline, Akasa Air, on Thursday

July 8, 2022

Business

Chinese firm Vivo accused of tax evasion

It said that out of the total sale proceeds of Rs 1,25,185 crore, Vivo India remitted Rs 62,476 crore — almost 50 per cent of the turnover out of India, mainly to

July 8, 2022

Business·China·India News

Volkswagen to invest $20.38 bn to build EV batteries

The automaker will create a new company called Power Co under CEO Frank Blome and the production at the plant will start in 2025…reports Asian Lite News German automaker Volkswagen will invest

July 8, 2022

Business

Meta creates early-stage AI translation tool

Tech giant Meta has created a single artificial intelligence (AI)-based model capable of translating across 200 different languages, including many not supported by current commercial tools…reports Asian Lite News According to The

July 7, 2022

Business·India News

Google India launches startup school to support startups

Google India on Wednesday announced the launch of Startup School to guide 10,000 startups in tier II & III cities in the country…reports Asian Lite News Startup School is a series of

July 7, 2022

Business·India News

TECOM Group raises AED 1.7 bn through IPO

It also points to various market participants’ deep confidence in DFM, which is clearly evident in the increased activity and improvement of numerous performance indicators recently, says H.E. Helal Al Marri, Chairman

July 6, 2022

Business·India News

Digital India Week 2022 ‘Catalysing New India’s Techade’

Digital India is catalysing India’s ‘Techade’ and startups and unicorns are the new drivers of the digital economy, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Tuesday…reports Asian Lite

July 6, 2022

Business·India News

UAB announces launch of cross-border multi-currency settlement service

United Arab Bank (UAB) announced the launch of cross-border multi-currency settlement service through BUNA payment platform…reports Asian Lite News Incorporated in the UAE and operated by the Arab Regional Payments, Clearing and

July 6, 2022

Business·India News·UAE News

Motorola launches new affordable ‘moto g42’ in India

The smartphone is available in a single 4GB RAM+64GB storage variant priced at Rs 13,999…reports Asian Lite News With an aim to woo the consumers in mid-range segment, Motorola on Monday launched

July 5, 2022

Business·India News

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