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Chinese EV maker Li Auto files for U.S. listing

BEIJING, July 11 Chinese electric vehicle (EV) maker Li Auto Inc, backed by food delivery giant Meituan Dianping, has filed for a U.S. initial public offering.

Regulatory News, IPOs 2:18pm IST

LinkedIn sued over allegation it secretly reads Apple users' clipboard content

July 10 Microsoft Corp's LinkedIn was sued by a New York-based iPhone user on Friday for allegedly reading and diverting users' sensitive content from Apple Inc's Universal Clipboard application.

6:31am IST

UPDATE 3-Amazon.com bans, then un-bans TikTok app from employee mobile devices

July 10 In the span of a few hours on Friday, Amazon.com Inc banned and then unbanned the TikTok video sharing app from employee mobile devices, calling the move a mistake.

5:30am IST

Taxe Gafa-Les US annoncent des droits de douane supplémentaires sur les produits français

WASHINGTON, 10 juillet L'administration Trump a déclaré vendredi qu'elle imposerait des taxes supplémentaires de 25 % sur les cosmétiques, les sacs à main et d'autres produits français évalués à 1,3 milliards de dollars (1.1 milliards d'euros) en réponse à la nouvelle taxe française sur les services numériques, mais qu'elle retarderait la mise en oeuvre de cette décision de 180 jours au maximum.

4:05am IST

UPDATE 1-U.S. slaps French goods with 25% duties in digital tax row, but delays effective date

WASHINGTON, July 10 The Trump administration on Friday announced additional duties of 25% on French cosmetics, handbags and other imports valued at $1.3 billion in response to France's digital services tax, but would hold off on implementing the move for up to 180 days.

3:45am IST
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Indian economy's medium-term outlook remains uncertain: RBI Governor

NEW DELHI The medium-term outlook for the Indian economy remains uncertain with supply chains and demand yet to be restored fully while the trajectory of the coronavirus spread and the length of its impact remain unknown, Reserve Bank of India Governor Shaktikanta Das said on Saturday.