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JPMorgan leaves CEO Jamie Dimon's total compensation at $34.5 mn for 2022

JPMorgan Chase & Co. kept Chief Executive Officer Jamie Dimon's total compensation at $34.5 million for his work in 2022, a year in which the firm's profit fell by almost a quarter

Chinese government entities to take golden shares in Alibaba, Tencent

The discussions are emerging as Beijing prepares to loosen its grip on the sector and move past a bruising crackdown that's enveloped most every internet sphere for well over a year

Where will Europe get its diesel from after Russia is banned in 23 days?

The fuel is vital to the bloc's economy, powering cars, trucks, ships, construction and manufacturing equipment and more

China's exports slump 9.9% in December as global demand continues to drop

Export growth was robust for most of 2022, providing some support for the world's second-largest economy as it was hit by a housing market slump and weak consumer demand

Coronavirus wave could continue for three months, warns China CDC veteran

The spread of the virus through rural areas is set to amplify the information vacuum within China that's sparked fears the true impact of the outbreak isn't been revealed

Dream11 staff to pay Rs 1 lakh if they disturb colleagues on leave

The company, founded in 2008, makes it mandatory for workers to take at least a week off annually

UK strikes roll on as some 100,000 civil servants call for walkout

Workers for 124 government departments and agencies will walk out on Feb. 1, impacting a range of public services including driving tests, passport applications and welfare payments

Twitter tells Asia HQ staff to clear desks, WFH as Musk pares expenses

Twitter staff were informed via email Wednesday that they had until 5 p.m. to leave the CapitaGreen building and resume their duties remotely from Thursday

US inflation cools again to 6.5%, gives Fed room to downshift on rates

The overall CPI fell 0.1% from the prior month, with cheaper energy costs fueling the first decline in 2 1/2 years. The measure was up 6.5% from a year earlier

Electric vehicles look poised for slower sales growth this year: Report

We expect 13.6 million plug-in passenger vehicle sales in total for this year, with around 75% of those being fully electric

Tata Group planning to set up EV cell-manufacturing operations in Europe

Tata is finalizing plans and will announce details soon, he said, declining to disclose the location of the facility and a time frame

Centre ready to test green bond market with debut $2 billion sale

India is putting its first sovereign green bond on the radar of some of its biggest domestic asset managers, including state-run insurers and pension funds as well as foreign investors

Electric cars getting too big and bulky, warns US safety regulator

Homendy called out General Motors Co.'s GMC Hummer EV as a particularly egregious example of the trend toward bigger, heavier vehicles, noting it tips the scales at more than 9,000 pounds

Why did the world's biggest ship choose to skip Indian ports completely?

Poor shipping connectivity has hindered India's integration into the global value chain, according to a RBI report in 2022. The country scored 34% in the GVC participation index

Maharashtra top performer on finances, social indicators, finds study

The rankings, released by CareEdge also painted a favorable picture of Gujarat, while India's most industrialised state of Tamil Nadu ranked third with an edge in social and governance categories

India's EV battery challenge to China hampered by lithium, copper crunch

India has only a fraction of the raw materials needed to satisfy domestic demand for lithium-ion batteries - forecast by Crisil to grow 100 fold by 2030 - let alone produce on a global scale

Garuda Indonesia to Ibera: The world's most punctual airlines in 2022

Eurowings was the worst performer in the top 20 when it came to cancelations, with 3.49% of its flights scrapped

China's population likely declined last year as births hit new low

The government's official data for total number of births in 2022 - expected to be released next week - will probably show a record low of 10 million, according to independent demographer He Yafu

Satya Nadella takes aim at Google, discusses $10 bn investment with OpenAI

Chief Executive Officer Nadella is looking to step up that relationship as Google, which has long been essentially untouchable in search, suddenly appears vulnerable

Rolls-Royce heralds 'momentous year' as sales exceed 6,000 for first time

A 'single-digit' drop in sales was recorded in China due to 'ongoing headwinds' but this was "successfully counterbalanced by increased sales in other markets" said the car maker