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US yields flat to modestly lower as weak data keeps rate cuts on track

In late morning trading, the benchmark US 10-year yield was flat to modestly lower at 4.291%. US 30-year bond yields was also flat at 4.415%

JPMorgan CFO Barnum expects trading revenue to decline in first quarter

"Both equities and macro were relatively strong last year," and performance will be slightly worse across asset classes, Barnum told investors at a conference in Miami on Tuesday

Nita Ambani likely to be chair of merged Reliance-Disney media business

The plans could change ahead of an official announcement. Reliance did not respond to a request for comment, while Disney declined to comment

Firm will raise ninth private equity fund: Goldman Sachs CEO Solomon

"We'll launch what we call Capital Partners IX... our next private equity fund, which will be a significant fundraising," Solomon told investors at a conference in Miami

Russia puts six months ban exports of gasoline with effect from March 1

The ban, first reported by Russia's RBC, was confirmed by a spokeswoman for Deputy Prime Minister Alexander Novak, President Vladimir Putin's point man for Russia's vast energy sector

Sony to lay off 900 PlayStation unit employees, shut studio in London

The global videogame market grew just 0.6% last year to $184 billion, according to industry tracker Newzoo, though that was better than a decline of more than 5% in 2022

Barclays agrees to sell $1.1 billion of US credit card debt to Blackstone

Barclays said the agreement reflected its recently-announced strategy to prioritise growing lending to consumers, and would reduce the bank's risk weighted assets by around 1 billion pounds

G20 finance leaders eye regional 'conflicts' in tight draft communique

"Risks to the global economic outlook are more balanced," with faster-than-expected disinflation and more growth-friendly fiscal consolidation underpinning growth, the draft said

RBI tweaks rules to standardise filing of supervisory returns by banks

Previously, banks had to submit all audited returns to the RBI within seven days from the date of the completion of statutory audit of books of accounts

Logistics firm Shadowfax raises $100 million in TPG-led funding round

The company declined to disclose the valuation at which it raised the funds. It was last valued at $632 million, as of April 2022, per data from investment tracker Tracxn

India to have largest R&D presence outside US by 2025: Bristol Myers CEO

Bristol Myers also operates a research and development centre in Bengaluru in partnership with the Biocon Group's Syngene International

Govt to conduct another household survey before changing CPI: Report

The findings could lead to a decrease in the weighting of food in the CPI, which is used by the central bank to frame monetary policy

'Thermal coal imports falling first time since pandemic on domestic output'

Lower Indian appetite for imports could further pressure prices, even as miners grapple with a 70% plunge from record highs that followed Russia's invasion of Ukraine in 2022

Vietnam imports husked brown rice from India for re-exports: Reports

Vietnam, the world's third biggest rice exporter, has imported at least 200,000 metric tons of husked brown rice from India between December and February, the sources said

Puma expects weaker first half due to 'challenging' market conditions

Sportswear companies including Adidas, Nike, and Puma, have seen demand weaken as customers battling with inflation cut spending on non-essential goods

Sebi asks small, mid-cap funds to disclose more information about risks

Heavy inflows have sent the Nifty small cap 250 index surging 71% over the past 52 weeks and lifted the Nifty mid cap 100 index 64%. That far exceeds the benchmark Nifty's 28% rise

Volkswagen Group's Skoda eyes larger share in India with new small SUV

Volkswagen and Skoda, which form the bulk of sales for the Volkswagen Group, have a 2.2% market share in India

McDonald's case: Maharashtra to inspect outlets of global fast-food chains

The McDonald's franchisee disagreed with the findings, but in December it dropped the word "cheese" from the names of many burgers and nuggets it sells statewide, letters seen by Reuters show.

Adani Green Energy to raise $409 million via US dollar-denominated bonds

Since then, most of the group's foreign bonds are back above the levels they traded at before the Hindenburg report, giving the company comfort to look at a fresh issue of dollar bonds

India to have largest R&D presence outside US by 2025: Bristol Myers CEO

Bristol Myers also operates a research and development centre in Bengaluru in partnership with the Biocon Group's Syngene International