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Fed rate cut prospects may boost rupee despite Trump-related concerns

Asian currencies were mostly higher, with the Chinese yuan ticking higher as the country's economic growth beat forecasts

TikTok's fight against shut down gains support from key US lawmakers

Trump's incoming national security adviser said the new Republican administration will keep the social media app used by 170 million Americans alive in the US if there is a viable deal

Lyft wins dismissal of shareholder lawsuit over earnings report error

The judge found no proof that the San Francisco-based company and its top executives intended to defraud anyone by reporting an incorrect profit margin

Starbucks lead independent director Hobson to step down after two decades

Hobson previously served as the chairwoman of Starbucks from March 2021 to September 2024, making her the only African American woman to chair a Fortune 500 company at the time of her appointment

IOC buys 7 million barrels of Middle Eastern, African crude oil via tenders

Indian refiners are increasing Middle Eastern crude purchases from the spot markets after Washington last Friday announced sweeping sanctions targeting Russian producers

China extends its coal imports lead over India to widest in over a decade

Global thermal coal prices have retreated from record highs hit after Russia's 2022 invasion of Ukraine, but are 50 per cent higher than the average during the 2017-19 period

SpaceX's Starship explodes in space after launch, forces flights to divert

SpaceX mission control lost contact with the newly upgraded Starship, carrying its first test payload of mock satellites, eight minutes after liftoff from its South Texas rocket facilities

Oil drops $1 on halt in Houthis' Red Sea attacks, US retail boost

The attacks have disrupted global shipping, forcing firms to reroute to longer and more expensive journeys around southern Africa for more than a year

Israel delays Gaza ceasefire deal approval, as strikes on enclave kill 77

Hamas senior official Izzat el-Reshiq said that the group remained committed to the ceasefire deal that was scheduled to take effect from Sunday to bring an end to months of bloodshed

China's ministry launches probe into US chip subsidies, alleged dumping

The Commerce Ministry didn't name any company, but several US firms including Texas Instruments Inc. and Analog Devices Inc. rank among the leaders in lower-end products such as power and analog chip

Fed could cut rates sooner if disinflation trend continues: Waller

The Fed is anticipated to hold its benchmark overnight rate steady in the 4.25 per cent-4.50 per cent range at its meeting later this month, but investors had expected the pause to last June

As Hindenburg shuts shop, a look at its market-shaking short bets

The firm bet against publicly listed companies they believed had accounting issues, was being mismanaged or committing fraud, typically following a long period of investigation

Havells India Q3 results: PAT drops 2% to Rs 283 cr on higher expenses

Revenue from operations rose nearly 11 per cent to Rs 4,883 crore, while total expenses climbed 12.3 per cent to Rs 4,564 crore

Dubai's Emaar in talks with Adani, others to sell stake in Indian business

The statement followed media reports on Wednesday stating that Adani Realty was in advanced talks to acquire a majority stake in Emaar India

Morgan Stanley's Q4 profit jumps on rise in dealmaking, stock sale

Dealmaking was also propelled by a strong US economy, interest-rate cuts and expectations of lighter regulation under incoming US President Donald Trump

Google signs deal to buy carbon removal credits from Indian farms

While some developers are looking at expensive new technologies that extract CO2 directly from the air, solutions like biochar could prove a cheaper near-term option

BofA Q4 profit jumps on trading boost, sees higher 2025 interest income

The earnings mirror those of rivals across Wall Street including JPMorgan, Goldman Sachs, Wells Fargo , and Citigroup, whose results were buoyed by stronger equity markets

LTIMindtree Q3 results: Net profit falls 7% to Rs 1,085 cr, revenue up 7.1%

(Reuters) - Indian software services provider LTIMindtree on Thursday reported third-quarter revenue above estimates, propelled by execution of large deals won in previous quarters.

BP cuts over 5% of workforce in CEO Murray Auchincloss' cost-cutting plan

BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of his drive to boost returns amid investor concerns

Axis Bank Q3 results: PAT rises 4% to Rs 6,304 cr on higher lending income

The Mumbai-based private lender's standalone net profit - which excludes its subsidiaries - rose 4 per cent to Rs 6,304 crore