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Billionaire Shapoor Mistry's SP group weighs $2 billion asset sales: Report

The company is working with an adviser to seek buyer for its holdings in Afcons Infrastructure Ltd., a Mumbai-based infrastructure construction company, the people said

Billionaire Shapoor Mistry's SP group weighs $2 billion asset sales: Report
Updated On : 11 Apr 2023 | 11:57 PM IST

Tim Cook to visit India next week for the country's first Apple store

The two stores have been a long time in the making as India's strict rules forbid global brands from opening own-brand outlets unless they source a significant portion of the goods from within country

Tim Cook to visit India next week for the country's first Apple store
Updated On : 11 Apr 2023 | 10:25 PM IST

Bank of America clients withdraw $2.3 bn from US stocks of all sizes

That was the second consecutive week of outflows, BofA strategists led by Jill Carey Hall wrote in a note Tuesday

Bank of America clients withdraw $2.3 bn from US stocks of all sizes
Updated On : 11 Apr 2023 | 10:19 PM IST

Russia's flagship oil is moving ever closer to $60 per barrel cap

The price of Russia's flagship Urals crude at the point of export is getting closer to the $60 limit, data from Argus Media Ltd. show

Russia's flagship oil is moving ever closer to $60 per barrel cap
Updated On : 11 Apr 2023 | 10:14 PM IST

IMF warns it's too soon to sound all-clear on global financial turmoil

While forceful actions by policymakers to a series of bank collapses have reduced investor anxiety, the financial markets remain fragile and stressed, the IMF said

IMF warns it's too soon to sound all-clear on global financial turmoil
Updated On : 11 Apr 2023 | 10:09 PM IST

YouTube gives its own TV customers $100 break on NFL's Sunday ticket

After a promotional period expires on June 6, the 2023 season of the Sunday Ticket will cost $349 to $449, the company said Tuesday, again with YouTube TV subscribers getting the lower price

YouTube gives its own TV customers $100 break on NFL's Sunday ticket
Updated On : 11 Apr 2023 | 7:07 PM IST

Airbus first-quarter deliveries drop as supply woes extend into new year

Deliveries totaled 61 aircraft in March, the world's biggest planemaker said Tuesday

Image
Updated On : 11 Apr 2023 | 6:52 PM IST

Airbus first-quarter deliveries drop as supply woes extend into new year

Deliveries totaled 61 aircraft in March, the world's biggest planemaker said Tuesday

Image
Updated On : 11 Apr 2023 | 6:52 PM IST

Airbus first-quarter deliveries drop as supply woes extend into new year

Deliveries totaled 61 aircraft in March, the world's biggest planemaker said Tuesday

Airbus first-quarter deliveries drop as supply woes extend into new year
Updated On : 11 Apr 2023 | 6:52 PM IST

Oil and Natural Gas Co to bet on deepwater oil as India seeks to cut import

India, with a fast-growing appetite for crude, is eager to reduce its fuel import bill and bolster energy security, and has encouraged companies like state-controlled ONGC to do more

Oil and Natural Gas Co to bet on deepwater oil as India seeks to cut import
Updated On : 11 Apr 2023 | 2:30 PM IST

S Korea fines Google $32 mn for squeezing local rival in mobile app market

Google tried to block Korean platform rival One Store Co.'s growth, Korea's Fair Trade Commission said in an e-mailed statement Tuesday

S Korea fines Google $32 mn for squeezing local rival in mobile app market
Updated On : 11 Apr 2023 | 12:13 PM IST

Hindenburg effect: Retail investors are snapping up Adani group's stocks

Adani Group has sold stakes and conducted road shows to calm investors since Hindenburg made allegations of accounting fraud and share price manipulation against the group

Hindenburg effect: Retail investors are snapping up Adani group's stocks
Updated On : 11 Apr 2023 | 11:40 AM IST

Elizabeth Holmes loses bid to remain free during appeal for conviction

Legal experts said Holmes's bid to remain free during an appeals process that might take two years was a long shot

Elizabeth Holmes loses bid to remain free during appeal for conviction
Updated On : 11 Apr 2023 | 11:35 AM IST

Cost of Iraqi oil to India drops as competition from Russia bites

The price of crude from Iraq averaged $76.19 a barrel, compared with $78.92 in January, according to data published by India's ministry of commerce and industry

Cost of Iraqi oil to India drops as competition from Russia bites
Updated On : 11 Apr 2023 | 9:32 AM IST

China's weak inflation fuels calls for ease in policy to aid recovery

While the economy has been recovering post-Covid, the figures indicate domestic demand remains weak, giving authorities space to roll out more supportive policies

China's weak inflation fuels calls for ease in policy to aid recovery
Updated On : 11 Apr 2023 | 9:09 AM IST

India's need for fossil fuel encouraging heatwaves that will cripple it

India's emissions are already on the brink of overtaking those from the European Union. By 2030, they'll account for more pollution than Europe and Japan put together

India's need for fossil fuel encouraging heatwaves that will cripple it
Updated On : 11 Apr 2023 | 9:06 AM IST

Ex-Twitter CEO Parag Agrawal reveals DOJ probe in pursuit of legal fees

Parag Agrawal, ousted last year by new owner Elon Musk, and other former executives said in a Delaware Chancery Court lawsuit

Ex-Twitter CEO Parag Agrawal reveals DOJ probe in pursuit of legal fees
Updated On : 11 Apr 2023 | 8:51 AM IST

Apple's PC shipments fall 40%, steepest among major computers makers

The slowdown in consumer spending over the past year has led to double-digit declines in smartphone shipments and an accumulating glut among the world's foremost memory chip suppliers

Apple's PC shipments fall 40%, steepest among major computers makers
Updated On : 10 Apr 2023 | 11:50 PM IST

Samsung's cut in memory chip production is good news for industry

Samsung said Friday it would cut production to a meaningful level after reporting its smallest profit in more than a decade

Samsung's cut in memory chip production is good news for industry
Updated On : 10 Apr 2023 | 9:17 PM IST

End may be in sight for global interest rate-hike cycle as Fed nears peak

The short-lived peak for global rates, according to a gauge calculated by Bloomberg Economics, will be 6% in the third quarter. By the end of next year, that measure is seen dropping to 4.9%

End may be in sight for global interest rate-hike cycle as Fed nears peak
Updated On : 10 Apr 2023 | 8:07 PM IST