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Adani CFO calls some regulator notices group received 'trivial'

The finance chief of the Adani Group conglomerate on Tuesday deemed some of the Indian market regulator notices received by group firms citing alleged regulatory lapses as "trivial" in nature.

Fed's Bowman: need steady policy rate 'for some time' to beat inflation

U.S. Federal Reserve Governor Michelle Bowman on Tuesday reiterated her view that holding the policy rate steady "for some time" will likely be enough to bring inflation under control, but also repeated her willingness to raise borrowing costs if needed.

Microsoft hit with EU antitrust charge over Teams app

Microsoft faces a hefty antitrust fine after the European Commission on Tuesday accused it of illegally linking its chat and video app Teams with its Office product.

S.Korea battery maker apologises for deadly fire but says it complied with safety rules

The CEO of a South Korean lithium battery manufacturer apologised on Tuesday following a massive factory fire that killed 23 workers, but said the company had complied with all required safety precautions and training.

Delaware law to allow big investors greater sway over US corporate boards

Delaware is poised to adopt changes to its widely used corporate law that critics argue could weaken U.S. boards of directors in favor of influential investors such as private-equity firms.

Nasdaq futures recover as Nvidia stabilizes after selloff

Nasdaq futures outperformed peers on Tuesday as Nvidia and other AI-linked stocks rose after a bruising selloff, while investors awaited further cues on the monetary policy path based on remarks by U.S. Federal Reserve officials and fresh economic data this week.

Apple supplier Foxconn among firms asked to cut power use in Vietnam, sources say

Vietnamese officials have called on Apple supplier Foxconn to voluntarily reduce power use by 30% at its assembly plants in the north of the country where there were electricity outages last year, two people familiar with the matter said.

Nissan to start producing EVs for Dongfeng Motor by year-end, Nikkei reports

Nissan Motor will produce electric vehicles for its Chinese joint-venture partner Dongfeng Motor at its Wuhan factory by year-end, the Nikkei newspaper reported on Tuesday, a sign of pressure on the automaker's China business.

FTX seeks creditor votes on bankruptcy wind-down payments

FTX on Tuesday will ask a judge to allow customers of the bankrupt crypto exchange to vote on a liquidation plan that would pay them back in cash, over the objections of some customers who have demanded higher repayments.

Morning Bid: Nvidia's half trillion hiccup; Bitcoin, China slide

A look at the day ahead in U.S. and global markets from Mike Dolan

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