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BoE keeps interest rates steady at 4.75%, but MPC members split on decision

Three of the BoE's nine-person Monetary Policy Committee - Deputy Governor Dave Ramsden and external members Swati Dhingra and Alan Taylor - voted for a quarter-point rate cut to 4.5 per cent

Accenture beats estimates for Q1 revenue on rise in services demand

The company's new bookings rose to $18.7 billion for the first quarter from $18.4 billion a year earlier

Bharti Airtel clears 2016 spectrum liabilities by paying Rs 3,626 crore

Indian telecom operators owe the government significant spectrum fees, following years of high-stakes auctions and competitive bidding for airwave rights

Dollar slips as Fed signals slower pace of rate cuts, yen slides on BOJ

Currencies around the world tumbled on Wednesday after the Fed decision boosted the dollar, although many rebounded on Thursday in choppy trading conditions with thin volumes ahead of holiday period

Behind Honda and Nissan tie-up, existential threat posed by Chinese EVs

Like other foreign carmakers, both Honda and Nissan have lost ground in China

RBI ramps up forward dollar sales to defend stumbling rupee, say traders

In the last two trading sessions, the Reserve Bank of India (RBI) conducted buy-sell swaps of an estimated size of $3 billion-4 billion

South Korea's Yoon willing to represent himself in legal proceedings

Yoon, who is an ex-prosecutor, shocked the nation on Dec. 3 when he declared martial law in a late night televised address

US defence giant RTX Corp aims to boost India headcount by 14% in 3 years

The jobs will be added across RTX's units, including around 300 engineers for aircraft engine maker Pratt & Whitney over the next 12-18 months

China tightens oversight of foreign accounting firms' domestic operations

Foreign accounting organisations are subject to "supervision and management" by the authorities including the finance ministry and public securities bureau

US Congress has 2 days to avert shutdown after Trump rejects spending bill

Trump pressured his fellow Republicans in Congress to reject a stopgap bill to keep the government funded past the deadline of midnight

India, US bond yield spread at near 2-decade low, may affect foreign flows

US yields surged while the slower pace of rise of Indian yields led to a tighter spread or the interest rate gap between the two countries

Ukrainian strikes refinery in Russia's Rostov with missiles and drones

As Russia advances at the fastest pace since the start of the war in 2022, Ukraine has repeatedly tried to strike Russia's oil infrastructure

European car sales decline in November, led by France and Italy: ACEA

The slowdown in electric vehicle (EV) sales was only partly offset by the growth of hybrid-electric car registrations

Corruption may hinder Chinese military modernisation goals, says Pentagon

Since last year, China's military has undergone a sweeping anti-corruption purge

Apple in talks with Tencent, ByteDance to roll out AI features in China

Apple's discussions with Tencent and ByteDance on using their AI models are at a very early stage

Volkswagen, labour unions continue talks over plant closures and pay cuts

Talks have been ongoing since Monday in hopes of reaching an agreement before Christmas to prevent massive strikes

EU leaders to send clear message to Trump about their support to Ukraine

The leaders will host Ukrainian President Volodymyr Zelenskiy at the start of their talks in Brussels

BOJ keeps rates steady; dissent signals potential tightening next year

As widely expected, the nine-member BOJ board voted 8-1 to keep its short-term policy rate unchanged at 0.25

Trump, not yet in office, already a figure in global economic policy

The Fed cut rates as expected on Wednesday amid a busy year-end run of central bank meetings from Ottawa and Frankfurt to Tokyo and London

US considers ban on China's TP-Link over security concerns: Report

The US Cybersecurity and Infrastructure Agency said TP-Link routers had a vulnerability that could be exploited to execute remote code