An Indian court dismissed PepsiCo Inc.'s appeal against a decision to revoke a patent on a potato variety bred specifically for the well-known Lay's potato chips produced by the New York-based business.   The FC5 potato variety owned by PepsiCo had intellectual property rights that were...

Threads, the Twitter competitor of Meta Platforms, attracted 100 million sign-ups in just five days of launch, according to CEO Mark Zuckerberg, ousting ChatGPT as the fastest-growing website to accomplish the feat.   Since its Wednesday launch, Threads has had record-breaking user growth as...

The European Medicines Agency is investigating Novo Nordisk's weight-loss medications after the watchdog received multiple reports of potential suicide risks, the agency announced on Monday.   According to the European Medicines Agency, two cases of suicide thoughts connected to Novo...

Mark Zuckerberg has positioned Threads, Meta's Twitter clone programme, as a "friendly" haven for online public dialogue, setting it apart from Elon Musk's more antagonistic Twitter.   "We are definitely focusing on kindness and making this a friendly place," Meta CEO Zuckerberg said on...

Mukesh Ambani's Indian company Reliance Retail, which is valued at $92-96 billion by two international consultants, may be preparing for an eventual IPO, said reports quoting information from sources with direct knowledge of the situation.    According to the source, who declined to be...

Tesla on Friday offered a new incentive to increase the sales of electric vehicles in China as it informed certain workers building battery packs at its Shanghai complex of layoffs, according to reports based on a company release and a worker who received the notification.   After signing a...

The Chine fintech company' - Ant Group's years-long regulatory revamp will likely come to an end when Chinese regulators impose a fine of at least 8 billion yuan ($1.1 billion) on Ant Group, according to sources with direct knowledge of the situation.   According to Reuters' sources,...

With Twitter already struggling, Meta's Mark Zuckerberg dealt Elon Musk another blow on Wednesday by launching Instagram's eagerly awaited companion app Threads, a competitor to Twitter. This intensified the internet billionaires' animosity.   "Let's do this ". In his first message on...

Although it faces a battle to reduce costs, Airbus is pushing up testing of revolutionary new wing technology as it builds the framework for a future model that will replace its best-selling A320 series.   The opening of a wing technology facility in southwest England on Tuesday by British...

Days after Twitter CEO Elon Musk drew flak for placing a temporary limit on the number of messages users can view on the social media platform, Meta Platforms announced plans to release Threads, a microblogging software that competes with Twitter.   According to a listing on Apple's App...

Even as it considers laying off 30% of its total employees globally following the acquisition of Credit Suisse, UBS has launched an aggressive hiring drive in the United States for wealth managers who cater to wealthy Americans.   On the first half of the year, UBS hired 50 financial...