China’s June exports fall 12.4%, imports drop 6.8%

China’s exports fell 12.4% in June year-on-year, while imports contracted 6.8%, customs data showed on Thursday, suggesting manufacturers are struggling to find buyers while overseas economies wrestle with inflation and rising interest rates.

HCLTech to acquire German e-mobility tech provider

HCL Technologies has signed a definitive agreement to acquire 100 per cent stake in ASAP Group, a German automotive engineering services provider, for EUR 251.1 million (about Rs 2,300 crore), according to a BSE filing.

Global in-app spending hits record $67.5 bn

The global mobile market hit a record $67.5 billion regarding in-app consumer spend and registered 76.8 billion app downloads across iOS and Google Play in the first six months of this year, a report showed on Thursday.