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Charmaine Jacob - Nirmala Sitharaman - Modi's government pledges fiscal prudence in India's post-election budget - cnbc.com - India - city Mumbai

Modi's government pledges fiscal prudence in India's post-election budget

India's government on Tuesday promised spending on job creation but also called for fiscal prudence as it announced its financial budget — the first since nationwide elections finished in June which led to a new coalition government being formed.

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Morgan Stanley - Michael Wayland - GM shares sink 7% despite second-quarter beat as Wall Street fears 'good times won't last' - cnbc.com - China - city Detroit

GM shares sink 7% despite second-quarter beat as Wall Street fears 'good times won't last'

DETROIT — General Motors is raising several key financial targets for 2024 after easily beating Wall Street's earnings expectations for the second quarter, while it restructures money-losing operations such as autonomous vehicles and its China business.

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Sam Meredith - Scientists discover ‘dark oxygen’ being produced by seabed metals in ground-breaking study - cnbc.com - state Hawaii - county Pacific - Mexico - Scotland

Scientists discover ‘dark oxygen’ being produced by seabed metals in ground-breaking study

An international team of scientists has discovered that oxygen is being produced by potato-shaped metallic nodules thousands of feet below the surface of the Pacific Ocean.

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Michael Wayland - GM slows its EV plans again even as sales grow - cnbc.com - Usa - state Ohio - state Michigan - state Tennessee - city Detroit

GM slows its EV plans again even as sales grow

DETROIT – General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck plant and the Buick brand's first EV.

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Rohan Goswami - Wiz walks away from $23 billion deal with Google, will pursue IPO - cnbc.com

Wiz walks away from $23 billion deal with Google, will pursue IPO

Wiz has walked away from a $23 billion deal to be bought by Google, in what would have been the search giant's largest-ever acquisition, telling employees it would pursue an IPO as previously planned.

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Margrethe Vestager - Delivery Hero, Glovo targeted in EU cartel investigation - cnbc.com - Germany - Eu - Spain - city Brussels

Delivery Hero, Glovo targeted in EU cartel investigation

BRUSSELS - EU antitrust regulators on Tuesday launched an investigation into German online food takeaway firm Delivery hero and its Spanish unit Glovo on concerns that the two companies may have taken part in an online food delivery cartel.

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Narendra Modi - Nirmala Sitharaman - India’s Modi focuses on jobs creation in first budget after winning polls - apnews.com - India - state Pradesh - state Bihar - city New Delhi

India’s Modi focuses on jobs creation in first budget after winning polls

NEW DELHI (AP) — Indian Prime Minister Narendra Modi’s newly formed government presented an annual budget to Parliament that raises spending to generate more jobs and spur economic growth, while aiming to appease coalition partners it needs to stay in power.

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James Chin - Joseph Sipalan - sultan Ibrahim - Malaysia vegetable farmers in a pickle over diesel subsidy cuts, mull exit or crop switch - scmp.com - Usa - Malaysia - city Kuala Lumpur

Malaysia vegetable farmers in a pickle over diesel subsidy cuts, mull exit or crop switch

The Malaysian Federation of Vegetable Farmers Association said at least 10 per cent of their 6,000 members nationwide were likely to change crops or even quit the trade by the end of the year if the government did not intervene to help deal with the price surge.

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