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Chevron to cut up to 20% of global workforce amid cost-saving push

At the same time, the company is facing weak margins in its refining business, which reported a loss in the fourth quarter for the first time since 2020

Inside the collapse of Nissan and Honda's $60 billion automotive mega deal

In December, Nissan and Honda announced plans to merge, an outgrowth of talks they had been holding since March 2024, when they said they were looking to cooperate on technology

PM Modi to meet Musk in US, Starlink's entry in India likely on agenda

Musk in December said Starlink satellite internet was inactive in India after authorities seized two of the company's devices, one in an armed conflict zone and another in a drug smuggling bust

Adobe launches first version of AI video tool to compete with OpenAI

The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway

Gold rises 10% in 2025 to $3,000 amid economic uncertainty from US tariffs

Gold's appeal as a haven from risk strengthened further as newly elected U.S. President Donald Trump turned to tariffs to aid struggling domestic industry, despite the risk of sparking a trade war

Opec maintains global oil demand growth forecasts for year 2025, 2026

The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 1.45 million barrels per day (bpd) in 2025 and by 1.43 million bpd in 2026

Trump says lower interest rates would go hand-in-hand with tariffs

A Reuters poll showed the Federal Reserve was expected to wait until the next quarter before cutting rates again. Tariffs could fuel US inflation and postpone rate cuts

Oil falls on rising US crude stocks, hawkish Fed comments on inflation

Brent futures were down 77 cents or 1 per cent at $76.23 a barrel by 1230 GMT, while US West Texas Intermediate (WTI) crude dropped 88 cents or 1.20 per cent to $72.44 a barrel

US consumer prices index jumps 0.5% in Jan after 0.4% gain in Dec

The consumer price index jumped 0.5 per cent last month after gaining 0.4 per cent in December

Crompton Greaves Q3 results: Net profit jumps 27.7% to Rs 110 crore

Consolidated net profit increased 27.7 per cent to Rs 110 crore ($12.7 million) in the quarter, but fell short of analysts' average estimate of Rs 115 crore

CME Group's profit rises in Q4 as hedging demand lifts trading volume

Market volatility remained high in the quarter due to tensions in the Middle East, uncertainty around US President Donald Trump's policies and the Federal Reserve's interest-rate cuts

OpenAI says it does not use Indian media groups' content to train ChatGPT

The filing relates to a lawsuit by Indian news agency ANI last year, which alleges that ChatGPT uses its published content without permission to help train its artificial intelligence chatbot

Israeli military calls up reservists as Gaza ceasefire tensions rise

Trump meanwhile wants Saudi Arabia, which has vast influence in other Arab and Muslim countries, to normalise ties with Israel

From Google to Target, US cos drop diversity policies after Trump's order

Meta, one of the biggest social media company ended its DEI Platforms programs, including those for hiring, training and picking suppliers

RBI to conduct 49-day variable rate repo for Rs 75k cr to boost liquidity

The Reserve Bank of India will conduct a 49-day variable rate repo for Rs 75,000 crore ($8.63 billion) on Friday, it said after market hours

Rising airfares, strong consumer demand boost profit outlook for airlines

The rising fares have bolstered the outlook for carriers on both sides of the Atlantic. Major US airlines including Delta , Alaska and United have forecast bumper profits this year

ONGC-NTPC Green Energy JV to acquire Ayana Renewable for $ 2.3 bn

The acquisition comes at a time when large power producers in India are betting big on renewables and making pledges to expand their green energy capacities

Sugar exporters struggle to fulfil 1 mn tonnes export quota allowed by govt

India last month allowed exports of 1 million metric tons of sugar during the current season to September 2025 to help mills of the world's second-biggest producer export surplus stocks

Here're carmakers embroiled in $6 billion of tax disputes in India

Income tax and excise disputes make up the bulk of $694 million worth of demands faced by SUV-maker Mahindra & Mahindra

Rupee weakens as corporate hedging, NDF maturity boost dollar demand

The dollar index was a tad higher at 108 while Asian currencies were largely rangebound ahead of the release of closely watched US consumer inflation data later in the day