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Alcohol-maker Diageo halts some whiskey sales to push for price hikes

The move to stop sales rather than see margins continue to erode is a risky bet, analysts at Mumbai-based Dolat Capital wrote last month, that could complicate the firm's pivot to premium products.

Alcohol-maker Diageo halts some whiskey sales to push for price hikes
Updated On : 26 Aug 2022 | 11:46 PM IST

Court orders Twitter to give Musk more data on bots in battle over deal

Twitter must turn over information about 9,000 accounts it surveyed last year in hopes of identifying which had human beings attached to them: Court

Court orders Twitter to give Musk more data on bots in battle over deal
Updated On : 26 Aug 2022 | 11:26 PM IST

Toyota, Honda top list of carmakers facing climate-change risks: Study

Hurricanes, flooding, and water supplies threaten assembly lines of Japanese auto companies

Toyota, Honda top list of carmakers facing climate-change risks: Study
Updated On : 26 Aug 2022 | 10:35 PM IST

Focusing on inflation to make central banks' job easier: Raghuram Rajan

He said issues such as climate change and employment are peripheral to the central bank mandate and could be better dealt with direct polices.

Focusing on inflation to make central banks' job easier: Raghuram Rajan
Updated On : 26 Aug 2022 | 5:29 PM IST

No hot showers, street lights; here's how Europe is slashing energy use

As the Kremlin slashes gas deliveries and power-plant outages intensify a supply squeeze, Europe has little alternative but to curtail demand

No hot showers, street lights; here's how Europe is slashing energy use
Updated On : 26 Aug 2022 | 2:37 PM IST

T-Mobile to tap Elon Musk's satellites for new remote phone service in US

T-Mobile is partnering with SpaceX to offer wireless phone service in remote parts of the US where coverage is spotty

T-Mobile to tap Elon Musk's satellites for new remote phone service in US
Updated On : 26 Aug 2022 | 10:14 AM IST

China's recovery wobbles as drought, global slowdown add to risks

China's economy continued to recover in August but warning signs are flashing across a number of fronts as drought and weaker global demand add new risks to growth prospects

China's recovery wobbles as drought, global slowdown add to risks
Updated On : 26 Aug 2022 | 9:48 AM IST

How China plans to spend $1 trn on infrastructure to boost economy

To help boost the economy, Beijing is targeting investments in new energy projects, high-speed rail and water tunnels

How China plans to spend $1 trn on infrastructure to boost economy
Updated On : 26 Aug 2022 | 9:39 AM IST

Top executives at US companies face more scrutiny over pay in new SEC rule

Publicly traded firms will have to disclose additional details about how senior managers are paid, including performance incentives, the SEC said

Top executives at US companies face more scrutiny over pay in new SEC rule
Updated On : 26 Aug 2022 | 9:11 AM IST

IDBI Bank's CEO says the lender can recover $2.4 billion in bad loans

India is considering selling at least 51% of the $5 billion bank, people familiar with the matter have said

IDBI Bank's CEO says the lender can recover $2.4 billion in bad loans
Updated On : 26 Aug 2022 | 8:29 AM IST

Debt ratio at Adani's green firm needs 'watching' as it soars to 95.3%

Gautam Adani owned company's debt-to-capital ratio has soared to 95.3%, a level that is on the "higher side" for a private company

Debt ratio at Adani's green firm needs 'watching' as it soars to 95.3%
Updated On : 26 Aug 2022 | 8:15 AM IST

Taiwan proposes 14% increase in defence spending

The cabinet signed off on spending plans for 2023 at its weekly meeting Thursday.

Taiwan proposes 14% increase in defence spending
Updated On : 26 Aug 2022 | 1:44 AM IST

Ramsay turns down KKR-led group's $14-billion takeover plan

The consortium led by KKR hasn't identified any matters that would cause it to terminate talks to buy Ramsay Health for A$88 per share, the health-care company said.

Ramsay turns down KKR-led group's $14-billion takeover plan
Updated On : 26 Aug 2022 | 1:31 AM IST

Educated women are risk to Hungary's future says government study

As per the study, highly educated women tend to be more picky than men about the educational status of their spouses

Educated women are risk to Hungary's future says government study
Updated On : 26 Aug 2022 | 12:42 AM IST

Joe Biden's student-loan relief adds new wrinkle to inflation debate

The combination of higher savings and lower debt could drive inflation up by 10 to 30 basis points

Joe Biden's student-loan relief adds new wrinkle to inflation debate
Updated On : 26 Aug 2022 | 12:35 AM IST

IIT alums became friends on Street. Then one turned on other

Former Goldman banker Brijesh Goel was arrested for insider trading. His friend, ex-Barclays trader Akshay Niranjan, is co-conspirator, who turned on his buddy

IIT alums became friends on Street. Then one turned on other
Updated On : 26 Aug 2022 | 12:26 AM IST

Delhi plans to spend $600 mn to clean its polluted air, says official

India's mega urban centers, including capital New Delhi and financial hub Mumbai, are allocating funds to clean their water and air as population surges

Delhi plans to spend $600 mn to clean its polluted air, says official
Updated On : 25 Aug 2022 | 11:54 PM IST

Cryptos' volatility seen leading to purge of 'Merge frontrunners'

Speculators have scooped up Ether call options with traders waging the token's price could rise to around $2,200 in September in the past few weeks

Cryptos' volatility seen leading to purge of 'Merge frontrunners'
Updated On : 25 Aug 2022 | 11:39 PM IST

Govt seeks Byju's reply on delayed filing of audited accounts: Report

Earlier this month, the Ministry of Corporate Affairs sent a letter to Byju's parent company asking them to explain the 17-month delay in filing audited accounts, say people familiar with the matter

Govt seeks Byju's reply on delayed filing of audited accounts: Report
Updated On : 25 Aug 2022 | 11:09 PM IST

Twitter whistleblower Peiter Zatko to testify before US Senate on Sept 13

The committee said it had subpoenaed Zatko, the company's former security chief, to appear a day after he went public with allegations that Twitter has failed to adequately protect data

Twitter whistleblower Peiter Zatko to testify before US Senate on Sept 13
Updated On : 25 Aug 2022 | 12:11 PM IST