Akanksha Khushi
Stories by Akanksha Khushi
EU said to target China’s Temu and Shein with proposed import duty
Later this month, the European Commission will suggest scrapping a current 150 euros threshold under which items can be bought duty free.
China tells telcos to phase out foreign chips in blow to Intel, AMD
Beijing has increased efforts to replace Western-made technology with domestic alternatives amid Sino-U.S. tensions.
Microsoft to take non-voting, observer position on OpenAI’s board: Altman
Microsoft's representative can attend OpenAI's board meetings and access confidential information.
PE firm Aurelius in talks to buy beauty brand The Body Shop
Natura bought The Body Shop from L'Oreal in 2017.
BYJU’s and lenders renew talks to restructure debt
The company and its lenders are involved in a legal brawl over the restructuring of the loan.
India mulls multibillion-dollar battery subsidies
The scheme proposes to offer production-linked $2.63b subsidies from this year to 2030.
Binance, SEC strike deal to keep US customer assets in the country until lawsuit is resolved
The SEC alleges Binance artificially inflated its trading volumes, and diverted customer funds.
EV maker Faraday Future to raise $100m in debt to support delivery plans
The company said it will also use the new debt funding to ramp up production.
BYJU’S CEO assures firm’s compliance after raids over alleged forex law violations
Byju's is one of India's biggest startups, once valued at $22 billion.
Merck to acquire Prometheus Biosciences for about $11b
The deal is expected to close in the third quarter of the year.
