Page 203 - Bloomberg

RBI Guv Das stabilises volatile rupee with $689 billion forex reserves

India's current account deficit has also narrowed recently thanks to cheaper oil from Russia and global firms setting up service hubs

Mercedes slashes financial forecast in latest blow to German industry

Mercedes-Benz Cars now expects its adjusted return on sales to be between 7.5 per cent and 8.5 per cent

Pagers' explosion in Lebanon sound global alarm for supply-chain security

Lebanese officials believe the gadgets were rigged with explosives as part of an elaborate attack allegedly by Israel

Brookfield likely to add more to $13 bn it has bet on India infrastructure

Toronto-based Brookfield has nearly $29 billion of assets across infrastructure, real estate, renewable and private equity investments in India

J&J raises baby powder settlement offer to more than $8.2 billion

J&J recently garnered support from more than 75 per cent of baby powder claimants for an out-of-court deal that includes claims that the talc-based version caused ovarian and other gynecological cance

Apple iPhone 16 hits stores without its highly awaited AI features

Apple released a public beta version of Apple Intelligence, one aimed at a wider audience

Sri Lankans seek change but stability crucial amid economic uncertainty

Sri Lanka's new leaders must demonstrate they are more responsible than the old guard they revile

SpiceJet's share sale likely to lure Tata Mutual Fund among others

The budget airline owes payments to airports, has placed staff on leave without pay and withheld mandatory social security payments since January 2022

Gold rises to record high after Fed makes first rate cut since 2020

Gold, Treasuries and the S&P 500 Index have all typically risen as the Fed starts lowering rates, according to an analysis of the past six easing cycles going back to 1989

Shadow lender IIFL Finance faces rating downgrade risk on gold loan ban

IIFL fell under regulatory scrutiny in March amid a crackdown on financial firms, when it was asked by RBI to stop disbursing new gold-backed lending following 'material supervisory concerns'

Shadow lender IIFL Finance faces rating downgrade risk on gold loan ban

IIFL fell under regulatory scrutiny in March amid a crackdown on financial firms, when it was asked by RBI to stop disbursing new gold-backed lending following 'material supervisory concerns'

India overtaking China in MSCI global stock gauges to drive flows

Earlier this month, India surpassed China to become the biggest market in the MSCI Emerging Markets Investable Market Index

India IPO frenzy continues as NTPC Green Energy plans $1.2 bn listing

The IPO boom comes as India's rapid economic expansion makes it a bright spot amid challenges facing peers such as China

Tupperware lenders fight over assets as company files for bankruptcy

Lenders urged Tupperware to avoid bankruptcy and accept a simple foreclosure instead, court documents show

Severe flooding across globe linked to climate-fueled rain storms

Different meteorological phenomena are behind the series of storms, according to climate scientists

Microsoft prez warns of possible meddling in final 48 hours of US elections

Foreign actors already have been spreading manipulated videos and false posts to sow discord around the US presidential election

China's failing US lobby playbook puts tech companies in jeopardy

China argues its companies are being unfairly targeted, saying the US is using a broad definition of national security to suppress foreign businesses

Fed's bold move reshapes policy horizon for counterparts around the world

In emerging markets, the Fed's half percentage point cut offers reduced pressure on exchange rates

Ray Dalio downplays next US Fed move as investors flag China risks

Cain International CEO Jonathan Goldstein said return to office policies are as important to the fate of the real estate industry as any interest-rate cuts by the Fed

Google wins fight over $1.7 billion EU fine for online advertising abuse

Judges at the EU's General Court in Luxembourg backed the Alphabet Inc. unit's challenge to a fine doled out in 2019, saying regulators made mistakes in their probe