Category: 1. Iran

BRUSSELS :The European Parliament on Wednesday approved a non-binding resolution which calls for a default minimum age of 16 to access social media and AI chatbots to ensure “age-appropriate online engagement”.

Regulated under the block’s Digital…

Gurugram, INDIA :Tesla’s low running costs, including maintenance and fuel, can help Indian buyers to recoup about one-third of the Model Y’s $67,000 price tag over four to five years, the company’s India head said on Wednesday.

Tesla entered…

The Securities and Exchange Commission’s possible plan to grant crypto companies relief from regulation to sell “tokenised” stocks risks harming investors, a group of stock exchanges said in a letter to the U.S. regulator this week.

Several crypto…

NEW DELHI :Apple is challenging India’s new antitrust penalty law under which the U.S. company could potentially face a fine of up to $38 billion, a court filing at the Delhi High Court, seen by Reuters, shows.

The challenge is the first against…

BENGALURU :Most major global stock indexes should trade higher by the end of 2026 but will struggle to repeat this year’s surprisingly strong performance, according to a Reuters poll of equity strategists, with over half expecting a correction in…

WASHINGTON :Hackers are hijacking U.S. radio transmission equipment to broadcast bogus emergency messages and obscene language, the Federal Communications Commission said on Wednesday.

In a public notice, the FCC said a “recent string of cyber…

PARIS :S&P Global downgraded its rating of Tether, the world’s largest stablecoin on Wednesday, citing an increase in higher-risk assets in its reserves and “persistent gaps in disclosure”.

Tether said it “strongly disagrees with the…

LONDON :Trafigura lawyers said Prateek Gupta’s allegations that the group concocted a secret scheme to swap expensive nickel for low-value metals were full of inconsistencies, as the Indian businessman gave evidence in a long-running fraud case…

Grindr’s two largest shareholders said on Wednesday that they had withdrawn their proposed $3.46 billion offer to take the dating app private, shortly after the company ended talks over financing concerns.

Ray Zage and James Lu, who together own…

SUPPORT FOR RETRENCHED WORKERS

In regard to retrenchment, the authorities have trodden carefully. Companies in Singapore have always had the right to release workers on grounds of reorganisation or redundancy. 

However, providing timely job…