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Ratan Tata, the iconic leader of the Tata Group, has passed away at the age of 86, leaving behind a legacy that transformed the Indian business landscape. Born in 1937, Tata led the conglomerate from 1991 to 2012, expanding it into a global powerhouse with significant acquisitions such as Tetley, Corus, Jaguar, and Land Rover. Under his stewardship, the Tata Group became a symbol of India's industrial prowess, with profits growing 50-fold and a substantial portion of revenue generated from int..

In a landmark decision, a judge in Georgia has struck down a restrictive abortion law that banned the procedure after the detection of a fetal heartbeat. This law, passed by conservative Republicans in 2019, came into effect in 2022 following the Supreme Court's overturning of Roe v. Wade. The controversial law prohibited abortions as early as six weeks into pregnancy, a time when many women are unaware they are pregnant. Judge Robert McBurney of Fulton County ruled that the law violated the c..

Deutsche Bahn's plan to sell its logistics subsidiary Schenker to Danish competitor DSV has met with significant resistance from major unions. The railway and transport union EVG and the German Locomotive Drivers' Union GDL are vocal in their opposition, fearing job cuts and loss of national economic value. Schenker, which generated a €520 million profit in the first half of 2023, has been instrumental in helping Deutsche Bahn recover from the financial strains of the COVID-19 pandemic. The sa..

Bettina Orlopp, the newly appointed CEO of Commerzbank, finds herself at the center of a potential takeover by UniCredit, led by CEO Andrea Orcel. This proposal has sparked significant controversy among German politicians, the management, workforce, and the federal government. They fear the acquisition might lead to substantial job cuts and question the success of such hostile takeovers. Jens Weidmann, the chairman of Commerzbank’s supervisory board, plays a crucial role in these discussions...

Authorities are deepening their investigation into the origins of the pagers that exploded in Lebanon, resulting in significant casualties. Taiwanese prosecutors questioned executives from Gold Apollo, including CEO Hsu Ching-kuang, to ascertain their involvement. The scrutiny follows reports suggesting that Israel may have tampered with the devices before their shipment to Lebanon. The pagers, used by Hezbollah for internal communication, were allegedly manufactured by BAC Consulting in Hunga..

The European Commission is intensifying its scrutiny of Apple, focusing on the company's compliance with the Digital Markets Act (DMA). This regulatory framework aims to ensure fair competition by mandating interoperability among devices. Central to the Commission's concerns are Apple's App Store restrictions, which allegedly impose unfair fees on non-Apple music services. In response, the consumer group Euroconsumers has initiated a class action to reclaim €62 million for affected users. The..

Apple's iOS 18 introduces a suite of new features focused on personalization, privacy, and productivity. Users can now enjoy customizable home screens, a redesigned Photos app, and a new Passwords app brimming with additional functionalities. The update also brings satellite messaging, RCS support, and a revamped Control Center that enhances user control and convenience. Messaging improvements include scheduled texts and expanded emoji reactions, while Apple Cash payments have been simplified..

Harland & Wolff, the renowned shipyard that built the Titanic, faces insolvency once again, marking its second financial crisis in five years. The parent company, H&W Group Holdings PLC, has been unable to secure sufficient funding, leading to its recent bankruptcy filing. This situation directly impacts 50 to 60 employees, although the operations at its four shipyards in Northern Ireland and Great Britain will continue. The company, which has a rich history spanning 163 years, is now under the..