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European Union mulls $100 a barrel price cap for Russia diesel exports

The EU and G-7 want to impose the limits on Russian exports to third countries

European Union mulls $100 a barrel price cap for Russia diesel exports
Updated On : 28 Jan 2023 | 1:09 AM IST

Want pay raise? Work 5 days a week in office, Brit firms tell staff

Wages are rising at near-record rates because workers are in short supply even though the economy is headed into recession

Want pay raise? Work 5 days a week in office, Brit firms tell staff
Updated On : 28 Jan 2023 | 12:58 AM IST

Intel stock down over 9% on grimmest quarterly outlook since 2010

First-quarter sales will be $10.5 billion to $11.5 billion, the chipmaker said

Intel stock down over 9% on grimmest quarterly outlook since 2010
Updated On : 28 Jan 2023 | 12:37 AM IST

Budget 2023: Govt likely to avoid populist measures; tax tweaks possible

FM Sitharaman is unlikely to tinker much with tax rates, yet will also steer clear of populist measures, according to economists surveyed

Budget 2023: Govt likely to avoid populist measures; tax tweaks possible
Updated On : 27 Jan 2023 | 10:45 PM IST

How CO2 removal can take us back to ideal state of pre-industrial era

There are good reasons for governments to utilize novel CDR methods at the same time as expanding established land-based carbon capture and storage

How CO2 removal can take us back to ideal state of pre-industrial era
Updated On : 27 Jan 2023 | 9:34 PM IST

Ohio-based Goodyear to cut 500 jobs amid weak demand, rising inflation

The company said it's grappling with inflation in areas such as wages and benefits, countering the benefit from a decline in raw material costs

Ohio-based Goodyear to cut 500 jobs amid weak demand, rising inflation
Updated On : 27 Jan 2023 | 9:05 PM IST

How Burning trees in Brazil's Amazon melts snow in the Himalayas

Scientists are only beginning to investigate the connections between far-flung components of the planet's climate system

How Burning trees in Brazil's Amazon melts snow in the Himalayas
Updated On : 27 Jan 2023 | 7:49 PM IST

Here's why bond veteran sees India's benchmark yield trending downwards

Investors will get a sense of how much more debt India is planning to raise in it's upcoming Feb 1 budget

Here's why bond veteran sees India's benchmark yield trending downwards
Updated On : 27 Jan 2023 | 6:21 PM IST

Hive Ransomware seized after a global sting by US-German law enforcement

Hive ransomware was seized after a joint US-German law enforcement crackdown that thwarted $130 million in demands for payment from more than 1,500 victims around the world

Hive Ransomware seized after a global sting by US-German law enforcement
Updated On : 26 Jan 2023 | 11:51 PM IST

US economy shows signs of slowdown after growing 2.9% last quarter

Personal consumption, the biggest part of the economy, climbed at a below-forecast 2.1% pace

US economy shows signs of slowdown after growing 2.9% last quarter
Updated On : 26 Jan 2023 | 11:46 PM IST

Card spending slows, hurting revenue growth amid inflation, says Mastercard

Net revenue for the fourth quarter jumped 12% to $5.82 billion, in line with the $5.8 billion average of analyst estimates compiled by Bloomberg

Card spending slows, hurting revenue growth amid inflation, says Mastercard
Updated On : 26 Jan 2023 | 9:55 PM IST

NYSE mayhem traced to an employee who left a backup system running

An NYSE employee failed to properly shut down Cermak's disaster-recovery system - leading to a disaster

NYSE mayhem traced to an employee who left a backup system running
Updated On : 26 Jan 2023 | 9:55 PM IST

Russian oil exports to India likely to hit new highs as interest grows

The refinery executives said Indian processors will maintain their long-term supplies from producers such as Saudi Arabia, with any increase in Russian purchases done on a spot and opportunistic basis

Russian oil exports to India likely to hit new highs as interest grows
Updated On : 26 Jan 2023 | 5:54 PM IST

SAP plans to sell its stake in Qualtrics, cut 3,000 jobs to boost profit

SAP Chief Executive Officer Christian Klein said in a call with reporters that the job cuts were a strategic move and "not related to our business momentum

SAP plans to sell its stake in Qualtrics, cut 3,000 jobs to boost profit
Updated On : 26 Jan 2023 | 3:33 PM IST

$1 trillion green investment matches fossil fuels for first time: Report

Global investments in the clean energy transition hit $1.1 trillion in 2022, roughly equal to the amount invested in fossil fuel production

$1 trillion green investment matches fossil fuels for first time: Report
Updated On : 26 Jan 2023 | 3:32 PM IST

Hindenburg allegations against Adani puts investor trust in India in doubt

If Hindenburg is right, then a network of shadowy operators has placed itself right in the middle of those conflicting impulses

Hindenburg allegations against Adani puts investor trust in India in doubt
Updated On : 26 Jan 2023 | 1:12 PM IST

Gautam Adani's US dollar bonds fall after report by Hindenburg Research

In an approximately 100-page report, Hindenburg Research alleges a web of Adani-family controlled offshore shell entities in tax havens, in the Caribbean, Mauritius and the United Arab Emirates

Gautam Adani's US dollar bonds fall after report by Hindenburg Research
Updated On : 26 Jan 2023 | 10:00 AM IST

IBM announces layoffs amid tech slowdown, to cut global workforce by 3,900

In its forecast, IBM said free cash flow in fiscal 2023 is expected to be $10.5 billion while revenue will increase in the mid-single digits

IBM announces layoffs amid tech slowdown, to cut global workforce by 3,900
Updated On : 26 Jan 2023 | 6:59 AM IST

JLR Swings to profit after output of new range rover model doubles

Earlier this month, JLR said it might miss a target of becoming net-debt free by next year as the supply-chain crisis crimped output

JLR Swings to profit after output of new range rover model doubles
Updated On : 25 Jan 2023 | 8:19 PM IST

Mukesh Ambani to buy stake in US entrepreneur Josh Kushner's Thrive Capital

A group of global billionaires worth at least $123 billion are buying a stake in Thrive Capital, the venture-capital firm founded by Josh Kushner

Mukesh Ambani to buy stake in US entrepreneur Josh Kushner's Thrive Capital
Updated On : 25 Jan 2023 | 2:08 PM IST