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The U.S. government's move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of aggression against New Delhi, a senior Indian government source said on Wednesday.

Facebook Inc has signed a global licensing deal with one of India's largest music labels, allowing users to choose from a large catalogue of Bollywood music for their Facebook and Instagram posts, the music company said on Wednesday.

TECH firm Grab on Wednesday launched its numberless virtual card in the Philippines, following the card's <a href="https://www.businesstimes.com.sg/banking-finance/grab-launches-grabpay-c... last December in Singapore</a>.

German airline Lufthansa posted a net loss of 2.1 billion euros (US$2.35 billion) in the first quarter, writing down the value of assets as the coronavirus pandemic hits the travel sector.

A survey of U.S. businesses on Wednesday revealed deep fears for the future of their operations in Hong Kong if China imposes national security legislation that critics say could curb the financial centre's freedoms and fuel ongoing protests.

Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region's tropical storm season begins, as hundreds of aircraft grounded by the coronavirus pandemic can't be moved easily.

THE 21 digital bank applicants in Singapore will update the Monetary Authority of Singapore&nbsp;(MAS) from this month on how their business and finances have been impacted by the global pandemic, The Business Times (BT) understands.&nbsp;

Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26 per cent in May from the previous month, with strong growth from cities where coronavirus-induced restrictions have been eased.

REUTERS: Playtika Ltd, a mobile gaming company owned by a Chinese investor group, has hired investment banks to prepare for a U.S. initial public offering that could raise around US$1 billion, people familiar with the matter said on Tuesday. Playtika's preparations illustrate how some Chinese ...

Facebook said Tuesday it has suspended accounts associated with white nationalist groups after some advocated bringing weapons to the current wave of anti-racist protests.