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ET Intl Business

@ETIntlBusiness

The Economic Times, The No.1 Business Daily In India

 New Delhi, India
economictimes.indiatimes.com
Joined April 2009
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Stock photos repository Shutterstock to acquire Giphy in $53 mln deal ift.tt/iGlCnwz
Stock photos repository Shutterstock to acquire Giphy in $53 mln deal

Stock photos repository Shutterstock to acquire Giphy in $53 mln deal

The transaction will be funded by existing cash-on-hand and includes an intellectual property-sharing deal that would allow Meta continued access to Giphy's content, Shutterstock said. Shutterstock,...

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EU seeks top court backing in $14 billion tax fight against Apple ift.tt/u2JxmtQ
EU seeks top court backing in $14 billion tax fight against Apple

EU seeks top court backing in $14 billion tax fight against Apple

The case, which has far-reaching implications for corporate tax bills, is the most high-profile of EU antitrust chief Margrethe Vestager's campaign against sweetheart deals between multinationals and...

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IMF says UK is no longer heading for a recession in 2023 ift.tt/kYUaI8q
IMF says UK is no longer heading for a recession in 2023

IMF says UK is no longer heading for a recession in 2023

The IMF said British gross domestic product now looks set to grow by 0.4% in 2023. In April, it forecast a contraction of 0.3%, the weakest outlook of any major economy. The fall in soaring energy...

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Tesla offers China-made electric vehicles for sale in Canada ift.tt/vgDZJAI
Tesla offers China-made electric vehicles for sale in Canada

Tesla offers China-made electric vehicles for sale in Canada

Tesla has listed its China-made Model 3 and Model Y for sale in Canada, as the company completed its first exportations to North America from the Shanghai factory. Both models are available for...

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Russia's crude oil flows stay high even as Moscow insists cuts made ift.tt/RToKV5v
Russia's crude oil flows stay high even as Moscow insists cuts made

Russia's crude oil flows stay high even as Moscow insists cuts made

Flows are now up by 15% since the first week of April and hit a new high for the period since Bloomberg began tracking them in detail at the start of 2022. With almost all Russia's crude going to...

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Ford says it will stop competing in over-served markets, won't be all things to all people ift.tt/aWCJQiA
Ford says it will stop competing in over-served markets, won't be all things to all people

Ford says it will stop competing in over-served markets, won't be all things to all people

CEO Jim Farley said by focusing on software, services and Ford's strengths in products, the company won't be as vulnerable to a downturn as in the past. He said the company has let complexity...

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SpaceX sends Saudi astronauts, including nation's 1st woman in space, to International Space Station ift.tt/N6tBpYF
SpaceX sends Saudi astronauts, including nation's 1st woman in space, to International Space Station

SpaceX sends Saudi astronauts, including nation's 1st woman in space, to International Space Station

Saudi Arabia launched its first astronauts, scientist Rayyanah Barnawi and fighter pilot Ali al-Qarni, aboard a SpaceX flight chartered by Houston-based Axiom Space. The guests, along with US...

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How damage from a US debt default could cascade across the global economy ift.tt/wo3j94r
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Apple of my i: How ‘developing nation’ India is falling deeper in love with iPhones ift.tt/qmSZxCE
Apple of my i: How ‘developing nation’ India is falling deeper in love with iPhones

Apple of my i: How ‘developing nation’ India is falling deeper in love with iPhones

Apple's iPhones are often seen as a luxury product that only the rich can afford. However, things are changing, even if only slowly. Easier financing options are introducing newer users to iPhones....

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Debt ceiling explained: Why it's a struggle in Washington and how the impasse could end ift.tt/TAehfOc
Debt ceiling explained: Why it's a struggle in Washington and how the impasse could end

Debt ceiling explained: Why it's a struggle in Washington and how the impasse could end

President Joe Biden and House Speaker Kevin McCarthy are set to meet on Monday to discuss raising the US debt ceiling before a "hard deadline" on 1 June, when the government could default. Republic...

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Morgan Stanley CEO succession underscores Wall Street's diversity gap ift.tt/W4l12mo
Morgan Stanley CEO succession underscores Wall Street's diversity gap

Morgan Stanley CEO succession underscores Wall Street's diversity gap

Morgan Stanley co-presidents Ted Pick and Andy Saperstein, and head of investment management Dan Simkowitz, are the front-runners to succeed James Gorman, who said on Friday he plans to step down as...

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Debt limit standoff brings tough talk, little action as Joe Biden, world leaders watch for progress ift.tt/VwIasKM
Debt limit standoff brings tough talk, little action as Joe Biden, world leaders watch for progress

Debt limit standoff brings tough talk, little action as Joe Biden, world leaders watch for progress

The Biden administration and House Speaker Kevin McCarthy, R-Calif., are racing for a budget deal that would pave the way to increase the nation's debt limit. Republicans are demanding steep spending...

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US President Joe Biden optimistic on debt talks but says he won't accept 'extreme' Republican demands ift.tt/oR8OcLG
US President Joe Biden optimistic on debt talks but says he won't accept 'extreme' Republican...

US President Joe Biden optimistic on debt talks but says he won't accept 'extreme' Republican...

With the Treasury Department warning that the US government could run out of money as early as June 1 -- triggering massive economic disruption in the world's biggest economy and likely around the...

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Excerpts from G7 leaders' statement on economic coercion ift.tt/ke4DsUY
Excerpts from G7 leaders' statement on economic coercion

Excerpts from G7 leaders' statement on economic coercion

"We underline the importance of cooperating both within the G7 as well as with all our partners to enhance global economic resilience, including by supporting a more significant role for low and...

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Biden meeting with Indo-Pacific leaders at G7 summit while confronting stalemate over US debt limit ift.tt/A7Zpu9z
Biden meeting with Indo-Pacific leaders at G7 summit while confronting stalemate over US debt limit

Biden meeting with Indo-Pacific leaders at G7 summit while confronting stalemate over US debt limit

President Joe Biden is focusing on rallying regional cooperation against China on the sidelines of the Group of Seven summit while facing trouble in Washington over raising the federal debt limit....

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Pakistan's economy to slow significantly with high inflation: Central bank ift.tt/qpfbG3Y
Pakistan's economy to slow significantly with high inflation: Central bank

Pakistan's economy to slow significantly with high inflation: Central bank

The forecast came in the bank's half-year report, which said Pakistan's macroeconomic conditions had deteriorated due to the global economic situation, uncertainty over an IMF programme, forex...

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When will the US run out of cash? The answer is complicated. ift.tt/dVEeJiI
When will the US run out of cash? The answer is complicated.

When will the US run out of cash? The answer is complicated.

The Treasury Department has warned that the United States will run out of cash by June 1, and Secretary Janet Yellen has said that the exact date is nearly impossible to predict. Yellen has said that...

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Twitter allows verified users to upload Two-hour long videos ift.tt/ujQmJxG
Twitter allows verified users to upload Two-hour long videos

Twitter allows verified users to upload Two-hour long videos

Elon Musk on Thursday announced that the verified members of the microblogging site will now be able to upload 2-hour long videos. The company also modified its Twitter Blue page and said the video...

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Apple restricts use of OpenAI's ChatGPT for employees -WSJ ift.tt/D9OHZtn
Apple restricts use of OpenAI's ChatGPT for employees -WSJ

Apple restricts use of OpenAI's ChatGPT for employees -WSJ

Apple is concerned about the leak of confidential data by employees who use the AI programs and has also advised its employees not to use Microsoft-owned GitHub's Copilot, used to automate the...

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UK plans meeting on risks with bosses of OpenAI, DeepMind ift.tt/gTfe5uo
UK plans meeting on risks with bosses of OpenAI, DeepMind

UK plans meeting on risks with bosses of OpenAI, DeepMind

The summit will be convened as soon as this month, with invitations likely for OpenAI chief Sam Altman and the leaders of Alphabet Inc.'s DeepMind and Anthropic, the people said. Sunak could be among...

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