World Business News in English

India's controversial popcorn tax system sparks outrage and criticism, with opposition questioning the complex GST rates.

ICAI President investigates auditing lapses at Byju's, disciplinary committee probing, details undisclosed, part of ongoing investigations.

Tokyo — Japanese automakers Honda and Nissan have announced plans to join forces, forming world's third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.

Nordstrom, the upscale department store chain, is going private in a $6.25 billion deal with its founding family.

Makoto Uchida, director, representative executive officer, president and CEO of Nissan Motor Corporation, and Toshihiro Mibe, director, president and representative executive officer of Honda, react during a press conference on merger talks, in Tokyo, Japan, Dec. 23, 2024.

Last-minute errands always seem to pop up on Christmas and Christmas Eve, whether it’s buying a quick present or picking up one last ingredient.

King Charles III has ended royal warrants for Cadbury and Unilever, which owns brands including Marmite and Ben & Jerry’s, in a blow to the household names.

A global shortage of Swedish-made candy, all thanks to a viral TikTok video? Stranger things have happened.

While businesses across the US are fretting that President-elect Donald Trump’s threat of new tariffs could mean a massive hit to their bottom lines, at least one industry is gearing up for the exact opposite.

Sensex and Nifty rebound sharply after steep decline, driven by value buying, bluechip stocks, and global market rally.

AS-IT-IS Nutrition aims for ₹300 crore GMV in 2025 with ATOM range, endorsed by Ravindra Jadeja.

Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.

Adani Group acquires Air Works, India's largest MRO company, expanding its aviation services with a ₹400 crore deal.

Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.

Unifor said on Sunday that its members at Canadian National Railway (CN Rail) have ratified a new four-year collective agreement, averting a potential strike action.

Sterling and Wilson Renewable Energy Ltd. secures ₹1,200 crore order for 500 MW Solar PV project in Gujarat.

HDFC Bank executes first gold forward deal from GIFT City, Gujarat, offering innovative financial solutions for hedging risks.

Rupert Murdoch’s News Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for 3.4 billion Australian dollars ($2.1 billion) including debt, cutting the media empire’s exposure to a business upended by streaming platforms.

Japanese automakers Honda and Nissan have announced plans to join forces, forming world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.

Japanese automakers Honda and Nissan have announced plans to join forces, forming world’s third-largest automaker by sales.

Indian car buyers prefer traditional dealerships over digital platforms, emphasizing trust and personal relationships in the buying process.

SEBI suspends trading in Bharat Global Developers for financial misrepresentation, price manipulation, and misleading disclosures.

OpenAI CEO Sam Altman has called rival Elon Musk a “bully,” during an episode of the Bari Weiss podcast.

New Telecommunications Rules allow authorized agencies to intercept messages with relaxed conditions, lacking accountability for misuse.

Rupee remains flat at 85.04 against the dollar, impacted by dollar demand, oil prices, and geopolitical tensions.

Bihar Business Connect-2024 attracts Rs. 1.80 lakh crore investments, government ensures quick conversion of MoUs into projects.

Japan’s competition watchdog is expected to find Google guilty of violating the country’s antitrust law, Nikkei Asia reported.

Palantir Technologies and Anduril Industries are in talks with about a dozen competitors to form a consortium .

The strike protests a lack of contract negotiations, including wage increases for union baristas.

This year was brutal for a number of well-known companies, including Red Lobster, True Value and Big Lots.

Congress questions GST complexity with multiple tax slabs for popcorn, urges Modi government to launch GST 2.0 overhaul.

Last-minute holiday shoppers may want to give their digital carts a hard look, as Amazon workers remain on strike on the final weekend before Christmas.

Campaigners have accused Facebook parent Meta of inflicting “potentially lifelong trauma” on hundreds of content moderators in Kenya, after more than 140 were diagnosed with PTSD and other mental health conditions.

The federal government is proposing new rules surrounding airlines' obligations to travellers whose flights are disrupted, even when delays or cancellations are caused by an "exceptional circumstance" outside of carriers' control.

Donald Trump is set to overturn a ban on some US exports of liquefied natural gas in a move that may worsen the climate crisis. As for the biggest buyer of American LNG, Europe, it will have to wait till after the end of the decade to see the benefit.

Arunachal Pradesh Deputy CM supports GST reforms for economic growth and compliance ease, aligning with state's development vision.

Montreal's National Bank has called its takeover of the Edmonton-based Canadian Western Bank a key pillar of its domestic growth strategy for 2025.

This is the retailer’s second bankruptcy in less than two years. It will offer “going out of business” sales as stores close.

Association of NPS Intermediaries aims to promote NPS, enhance subscriber welfare, and expand pension coverage in India.

U.S. consumer spending rises in November, leading to fewer projected interest rate cuts by the Federal Reserve in 2025.

The Teamsters union announced late Friday that warehouse workers at a massive Amazon sorting and distribution center in Staten Island, New York, have joined the thousands of union members who began a strike this week against the online retail giant.

Otis India aims for sustained double-digit growth by focusing on innovation, localization, and meeting the growing demands of Indian consumers.

A union representing workers at over 500 stores is closing in on a deal with the coffee chain, but the two sides are at odds over pay.

The US Senate passed a bipartisan bill early Saturday to increase Social Security benefits for close to 3 million federal, state and local public sector workers, which includes firemen, policemen and teachers.

Finance Minister Nirmala Sitharaman updates on 55th GST Council meeting, states disagree on bringing aviation fuel under GST.

French baker Arnaud Delmontel bakes butter croissants in Paris, Dec. 16, 2024. French baker Arnaud Delmontel talks about butter, its price and quality in his bakery in Paris, Dec. 16, 2024.

Rising health care costs in India lead to unsustainable premiums, prompting calls for regulation and market correction.

Party City is reportedly closing all of its stores across the U.S. — but the party supplies chain's Canadian stores will continue to operate.

Breastfeeding is hard. These companies are trying to help.

PDP chief Mehbooba Mufti criticizes proposed GST increase on Kashmiri shawls, accuses Centre of harming Jammu and Kashmir's economy.