Bloomberg Business

Microsoft Freezes Salaries to Navigate Economic Uncertainty

Microsoft Corp. has decided to freeze pay for all full-time workers this year to help it navigate macroeconomic ructions, becoming the latest US tech leader to tighten its belt during a time of mounting uncertainty.

Biden to Host State Dinner for India’s Modi on June 22

US President Joe Biden will host India’s Narendra Modi for a state dinner on June 22, the White House confirmed Wednesday, marking his third such formal event after dinners for the leaders of France and South Korea.

India’s Top Builder Bets on $1.5 Billion Return From EV Push

Larsen & Toubro Ltd.’s engineering services arm is ramping up investments in self-driving and electric vehicle technologies, betting on India’s appeal as a source of expertise for global manufacturers looking to expand in the field.

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