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China's economic growth beats forecasts as consumer spending improves

Gross domestic product increased 4.9 per cent in the July-September period from a year prior, data released by the National Bureau of Statistics showed Wednesday

China's economic growth beats forecasts as consumer spending improves
Updated On : 18 Oct 2023 | 11:38 PM IST

History, Hollywood won't be as charitable to Bibi as they are to Golda Meir

Future historians and moviemakers will need exceptionally powerful blinkers to miss the controversies that have attended Netanyahu's decades in politics

History, Hollywood won't be as charitable to Bibi as they are to Golda Meir
Updated On : 18 Oct 2023 | 10:46 AM IST

Singapore's financial regulator to inspect Credit Suisse in $2 bn scandal

The local unit of Credit Suisse will be among banks the Monetary Authority of Singapore plans to examine to determine whether they properly handled the monitoring of wealthy clients

Singapore's financial regulator to inspect Credit Suisse in $2 bn scandal
Updated On : 18 Oct 2023 | 9:02 AM IST

Musk's X to test charging users $1 a year to reduce spam, bot accounts

The test, called "Not a Bot," started Tuesday in New Zealand and the Philippines, X said in a blog post

Musk's X to test charging users $1 a year to reduce spam, bot accounts
Updated On : 18 Oct 2023 | 6:54 AM IST

Here's why India's war on informal labour is bad for its workers

Where the survey shows some progress is that, among regular wage earners, more people now have work contracts than two years ago

Here's why India's war on informal labour is bad for its workers
Updated On : 18 Oct 2023 | 6:35 AM IST

US restricts Nvidia made-for-China semiconductor chips in new export rules

The latest regulations also restrict exports to two Chinese artificial-intelligence chip firms that are seen as rivals to US-based Nvidia

US restricts Nvidia made-for-China semiconductor chips in new export rules
Updated On : 17 Oct 2023 | 11:20 PM IST

National carbon trading system to cover 15% of emissions by 2030: BEE

The market is likely to initially cover heavily polluting industries including steel, cement, paper and pulp, petrochemicals and aluminum, subject to their readiness, said official

National carbon trading system to cover 15% of emissions by 2030: BEE
Updated On : 17 Oct 2023 | 11:10 PM IST

Microsoft-Activision takeover emboldens merger traders to boost rally bets

The traders that wager on these deals, known as merger arbitrageurs, aren't confident that every announced acquisition will happen, but are growing more hopeful about many

Microsoft-Activision takeover emboldens merger traders to boost rally bets
Updated On : 17 Oct 2023 | 10:23 PM IST

US retail sales exceed forecasts, economic data defies expectation again

Sales, unadjusted for inflation, increased 0.7% after upwardly revised advances in the prior two months, according to the Commerce Department

US retail sales exceed forecasts, economic data defies expectation again
Updated On : 17 Oct 2023 | 10:17 PM IST

S Africa to topple Nigeria to regain mantle as continent's biggest economy

The IMF's World Economic Outlook envisions South Africa's gross domestic product reaching $401 billion based on current prices in 2024, compared with Nigeria's $395 billion

S Africa to topple Nigeria to regain mantle as continent's biggest economy
Updated On : 17 Oct 2023 | 11:27 AM IST

Rolls-Royce plans to cut 2,500 jobs as CEO extends efficiency push

Erginbilgic is driving his turnaround effort deeper into the company after already switching some key management positions, including the head of the civil engine subsidiary

Rolls-Royce plans to cut 2,500 jobs as CEO extends efficiency push
Updated On : 17 Oct 2023 | 8:42 AM IST

US plans to push other countries not to pay hacker ransoms ahead of meeting

The aim of the statement is to change that calculus, Neuberger said. "Ransom payments are what's driving ransomware," she said. "That's the reason we think it's so needed."

US plans to push other countries not to pay hacker ransoms ahead of meeting
Updated On : 17 Oct 2023 | 8:29 AM IST

Israel's US ambassador Herzog says reoccupation of Gaza is not a goal

He said a potential visit by President Joe Biden has not been finalised, but that it would send "a very strong message of support to Israel. And a deterrent message to Israel's enemies."

Israel's US ambassador Herzog says reoccupation of Gaza is not a goal
Updated On : 17 Oct 2023 | 8:24 AM IST

Will Xi Jinping's gamble on Russian President Vladimir Putin pay off?

The Russian leader's attendance at Xi's Belt and Road Initiative Forum, which opens on Tuesday, will be his first trip abroad - aside from visiting former Soviet states

Will Xi Jinping's gamble on Russian President Vladimir Putin pay off?
Updated On : 17 Oct 2023 | 8:19 AM IST

Ambani's youngest son, Anant, faces proxy firms' pushback on board seat

"A vote against this resolution is warranted as Anant Ambani's limited leadership/board experience of around six years, raises concerns on his potential contribution to the board," ISS said

Ambani's youngest son, Anant, faces proxy firms' pushback on board seat
Updated On : 17 Oct 2023 | 7:13 AM IST

Brands are handing out freebies at Walmart as online ads lose appeal

In stores across the US, companies are doling out everything from small-batch nut butter and sanitary wipes to Halloween-themed Oreos

Brands are handing out freebies at Walmart as online ads lose appeal
Updated On : 16 Oct 2023 | 11:39 PM IST

Rainer Gut, who transformed Credit Suisse into global bank, dies at 91

The Swiss-born Gut, whose career included stints on Wall Street, held top positions at Credit Suisse from 1971 to 2000, and was honorary chairman until April

Rainer Gut, who transformed Credit Suisse into global bank, dies at 91
Updated On : 16 Oct 2023 | 11:26 PM IST

Will file much-delayed March 2022 financial results this week, says Byju's

Byju's, which has missed payment on a $1.2 billion term loan, said it's completed a long-awaited audit of all group units. Parent Think & Learn Pvt Ltd

Will file much-delayed March 2022 financial results this week, says Byju's
Updated On : 16 Oct 2023 | 11:15 PM IST

Wealthy Indian diaspora wooed by DLF to buy luxury apartment for investment

Earlier this year, DLF had sold 1,137 apartments costing almost a million dollars each in just three days

Wealthy Indian diaspora wooed by DLF to buy luxury apartment for investment
Updated On : 16 Oct 2023 | 5:47 PM IST

Big Tech's profit to jump 34%, will prop up S&P 500 earnings: Analysts

After slashing thousands of jobs to cut costs, the biggest US technology and internet companies are pumping out profits similar to those generated two years ago

Big Tech's profit to jump 34%, will prop up S&P 500 earnings: Analysts
Updated On : 16 Oct 2023 | 5:40 PM IST