Uber pays $178m to settle lawsuit with taxi drivers in Australia

[ad_1] Law firm behind class action says outcome among most successful legal actions ever taken against the ride-sharing giant.Uber has agreed to pay $178m to settle a lawsuit with taxi and hire car drivers in Australia who say they lost...

India’s economic boom feels like 2003-07: Morgan Stanley

[ad_1] India's current world-beating economic growth rate on the back of an investment boom resembles that of 2003-07 when growth averaged over 8 per cent, according to economists at Morgan Stanley.In a report 'The Viewpoint: India - Why this feels...

Thailand’s flourishing cannabis culture under threat as gov’t seeks ban

Thodsapol Hongtong is enjoying a smoke with his friends at the Green Party, a venue where recreational cannabis enthusiasts meet in the Thai capital Bangkok to chat and have a good time. But it’s a pastime that may be coming...

US prosecutors investigating Meta for role in illicit drug sales, WSJ says

[ad_1] The Wall Street Journal report also says the Food and Drug Administration is helping to investigate the Facebook owner. US prosecutors in Virginia are probing whether Facebook-parent Meta’s social media platforms facilitated and profited from the illegal sale of...

Majority of issues in India-UK FTA towards resolution, says Commerce Ministry

[ad_1] The majority of difficult matters in India-UK FTA negotiations are moving towards resolution and both sides are actively engaged for a fair and equitable deal, Commerce Ministry officials said on Friday.Also read: Editorial. India should strike a hard bargain...

McDonald’s suffers global tech outage

[ad_1] ‘System failure’ shutters some restaurants for hours, leading to complaints from customers on social media.Fast food giant McDonald’s has experienced systems failures in several countries that led to some of its restaurants being shuttered for hours, but ruled out...

Biden opposes Japanese takeover of US Steel, touts ‘American steel workers’

[ad_1] US president’s remarks come as he is seeking to shore up support in key swing state of Pennsylvania.United States President Joe Biden has opposed the proposed sale of a Pittsburgh-based steel manufacturer to Japan’s largest steel producer, insisting on...

India urged to strengthen manufacturing to capitalise on ‘China-plus-one’ strategy

[ad_1] India needs to work hard to stay in the competition with Vietnam, Thailand, Indonesia and Bangladesh to gain from the world’s ‘China-plus-one’ strategy, says Lt Gen S L Narasimhan, a noted expert on China. In a conversation with Ravichandran...

Japan’s bid to cancel residency of foreigners who dodge taxes stirs unease

[ad_1] Tokyo, Japan – For foreigners in Japan, permanent residency has long been a much sought-after assurance of security in a country that has historically shunned mass immigration. But proposals by Tokyo to cancel the permanent residence (PR) status for...

Start-ups can add $1 trillion to Indian economy by 2030: CII report

[ad_1] The next phase of unicorn growth in India could contribute $1 trillion to the economy, pushing it to $7 trillion by 2030, a Confederation of Indian Industry (CII) report said on Thursday.This could add 50 million new jobs to...
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