The US appeals court has ruled Apple’s legal battle over patents covering a blood oxygen measurement feature following which the tech giant’s two flagship watch models’ sale in the country would be banned until further orders. The Medical technology company allegedly claimed that Apple used its blood oxygen feature in its popular devices Series 9 […]
Fast Retailing stated on Tuesday that its Uniqlo business had filed a lawsuit in Japan against Shein’s owners, alleging that the Chinese fashion firm copied their round mini shoulder bag, the news agency Reuters reported. According to Fast Retailing, the petition was filed in Tokyo District Court on 28 December against Roadget Business Pte, Fashion […]
Global inflation continued to ease, giving hints of loosening of central bank interest rates in 2024. The global headline rates of inflation are projected to reach 4.8 per cent, a sharp decline from 5.9 per cent in 2023 and 9.2 per cent in 2022, chief economists at the World Economic Forum said in a report. […]
The government will judge the current import control system for specific IT hardware goods like laptops and tablets after assessing the import data it is monitoring after September, the news agency PTI reported. In October of last year, India implemented an import management system that requires importers of certain items to get government authorisation. The […]
To address challenges and enhance the country’s export performance, the Centre, state governments, and industry representatives are set to convene on 16 January for a crucial meeting chaired by Commerce and Industry Minister Piyush Goyal. The meeting, organised by the Board of Trade (BoT), will focus on pressing issues, including challenges related to rupee payments, […]
A report on Thursday revealed that the shipments of personal computers globally stood at 63.3 million units in the fourth quarter of 2023, an increase of 0.3 per cent from the corresponding period last year. The Gartner study emphasised that after experiencing eight consecutive quarters of decline, the shipments finally increased. In 2023 the shipping […]
Union Commerce Minister Piyush Goyal said that India and UAE aspire to expand their bilateral trade to USD 100 billion. While addressing the ‘UAE India Business Summit’ held at the 10th edition of Vibrant Gujarat Global Summit, the Minister underscored the multifaceted nature of the India-UAE partnership, encompassing collaborations in space exploration, security, education, and […]
Carrefour, a global supermarket chain with a significant presence in more than 30 countries, has decided to stop selling several PepsiCo products in France, Italy, Spain and Belgium. According to a report by Mauro Orru and Jennifer Maloney, published in The Wall Street Journal, the move comes as a protest against what Carrefour deems as […]
United States Trade Representative Katherine Tai will travel to New Delhi on 12 January to co-chair the 14th Ministerial-level meetings of the United States-India Trade Policy Forum with Union Minister for Commerce and Industry Piyush Goyal. US Trade Representative Tai will be in New Delhi from 12 January to 14 January. On her first day […]
Oil prices witnessed a robust start to the New Year, surging over two per cent in the first trading session. The spike was attributed to potential disruptions in Middle East supply chains following the recent attack on a container ship in the Red Sea. Brent crude rose by USD 1.72, or 2.2 per cent, reaching […]
