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Walt Disney's India unit market valuation halves in Reliance merger talks

After weeks of negotiations following a non-binding pact with Ambani's Reliance Industries Ltd. to merge their entertainment business

FAA orders Boeing to halt further Max production increases amid blowout

The US Federal Aviation Administration said it informed Boeing that the agency wouldn't allow any further output increases, according to a statement late Wednesday

Brookfield planning $1.2 billion of debt to buy India assets: Reports

Investment firm Brookfield is betting on growth in India, whose economy is outpacing that of other large countries and where smartphone usage is increasing rapidly

iPhone takes top spot in China for first time in 2023 despite challenges

The iPhone ranked first in shipments in the fourth quarter and 2023 overall, market tracker IDC said

A game of bluff scuttled Sony-Zee's plans to create $10 bn media giant

While Sony's India head sought to rally the morale of his employees in a letter Wednesday, it was thin on details on how it plans to fend off rivals

Foreign money to help PM Modi push near-record India sovereign bond sales

New Delhi will likely announce a gross borrowing of Rs 15.2 trillion ($183 billion) for the year starting April 1, marginally lower than the record Rs 15.43 trillion set for the current year

Top investment banker pay sinks below $1 million in Asia as bonuses vanish

Total compensation for many senior bankers in Asia ex-Japan fell to $700,000 to $800,000, well below the $1 million or more they have typically earned since the turn of the millennium

Boeing delivers 737 Max aircraft to China, ending five-year drought

A China Southern Airlines Co. Max took off from Boeing Field in Seattle Wednesday at 11:55 a.m. local time bound for Honolulu, according to tracking service FlightRadar24

Canada officially adds India to probe of election meddling amid tensions

The inquiry's commissioner is tasked with examining potential interference by China, Russia and other state and non-state actors during the 2019 and 2021 elections

Loose bolts found in many boeing 737 Max 9 aircraft, says Alaska Air CEO

"I am angry. I'm more than frustrated and disappointed," he said. "My demand on Boeing is what are they going to do to improve their quality programs in-house?"

China boosts stimulus by cutting reserve requirement ratio for banks

Hours after the announcement, regulators added more measures to bolster the slumping property and stock markets

German companies in China say economy is on 'downward trajectory'

The survey results underscore concern about China's economic recovery, which is being hampered by a property crisis and stubborn deflation

Donald Trump races toward 2024 Biden rematch after New Hampshire win

The back-to-back wins put Trump on track to deliver a knockout blow to Haley next month in her home state of South Carolina and turn his attention to all-but-certain rematch with President Joe Biden

TikTok cuts 60 jobs in sales, advertising division as tech layoffs continue

The positions affected were based in Los Angeles, New York, Austin and overseas, a company spokesperson said

Bank of Canada holds key rate at 5%, signals it's done with hikes

"If the economy evolves broadly in line with the projection we published today, I expect future discussions will be about how long we maintain the policy rate at 5%," Macklem said

Microsoft hits $3 trillion market value, cementing strength of AI rally

The stock rose as much as 1.3% to $403.95, resulting in a market capitalization of $3 trillion. The threshold cements Microsoft's status as one of the largest public stocks

France, India to discuss accord on nuclear reactors to limit coal reliance

India, the world's third-biggest carbon dioxide emitter, is seeking to rapidly expand its use of nuclear power over the next decade as it aims to both decarbonize and meet rising energy demand

Sony vows growing India media presence despite aborted merger in letter

"Let's turn our attention back to the heart of our work - our current projects, our fantastic team, and the audiences who count on us," Singh said,

Global funds sell most of Indian stocks since 2022 post-record rally

Global funds sold $2.4 billion of Indian shares on a net basis last week, the most since June 2022

Indian bonds set for new era with $100 billion inflows likely: HSBC AM

India's trillion-dollar sovereign bond market is gearing up for a rush of foreign money in the run-up to inclusion in JPMorgan Chase & Co.'s emerging markets bond index in June