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Apple loses bid to throw out UK lawsuit over app store fees

Apple on Friday lost a bid to throw out a mass lawsuit valued at just under $1 billion, brought in London on behalf of more than 1,500 app developers over its App Store fees.

Argentina's government (and a bot) say inflation is easing. Shoppers aren't so sure

Argentina's government is bullish that its measures to cool one of the world's highest inflation rates are working. Shoppers, however, aren't yet fully convinced.

China strengthens stock market trading, listing regulations

China's securities regulator issued draft rules to strengthen regulations on company listings, delistings and quant trading on Friday, in a move to improve the stock market and protect investor interests.

Wells Fargo profit shrinks more than 7% on lower interest income

Wells Fargo's profit fell 7% in the first quarter on Friday as it became more costly to pay customers for deposits and demand from borrowers declined.

If Trump wins, he plans to free Wall Street from "burdensome regulations"

A second Trump White House would seek to sharply reduce the power of U.S. financial regulators, according to a review of public documents and interviews with people allied with the former president.

JPMorgan forecasts lower-than-expected NII in 2024

JPMorgan Chase on Friday forecast full-year income from interest payments below analysts' expectations as the industry prepares for widely expected rate cuts by the U.S. Federal Reserve later this year.

Chinese EV brand Hyper says will use all-solid-state batteries in its cars in 2026

Chinese electric vehicle maker GAC Aion's Hyper brand said on Friday it has finished R&D on all-solid-state batteries that will be first used in Hyper cars in 2026.

GQG, SBI funds eye investments in Vodafone Idea $2.16 bln share sale, sources say

Investment firm GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in total in a $2.16 billion share offering of Indian telecom firm Vodafone Idea , according to two people familiar with the matter.

Fed's Collins eyes about two rate cuts this year

Federal Reserve Bank of Boston President Susan Collins is eyeing a couple of interest rate cuts this year amid expectations it could still take some time to get inflation back to targeted levels.

India's TCS misses Q4 revenue estimates on weak client spending

Tata Consultancy Services , India's top IT firm, posted lower-than-expected revenue in the fourth quarter on weak client spending in North America, its largest market.

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