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BBC to launch new firm for Indian language services in adherence with rules

The broadcaster is under scrutiny for alleged foreign exchange violations in India and an investigation was launched shortly after tax authorities searched BBC's offices in Delhi and Mumbai in Feb

Apple offers to let rivals access tap-and-go tech in antitrust case: Report

The European Commission is likely to seek feedback next month from rivals and customers before deciding whether to accept Apple's offer, the people said

Boeing within range of airplane delivery goal after strong November

Deliveries for last month were the highest since June and included 45 737 MAXs and one P-8 maritime patrol aircraft, Boeing said, confirming a Reuters report from last week

BBC staff to launch Indian language services company in line with FDI norms

The broadcaster is under scrutiny for alleged foreign exchange violations in India and an investigation was launched shortly after tax authorities searched BBC's offices in Delhi and Mumbai in Feb

Israel pounds Gaza as hunger spreads, disease risk grows: Report

Residents said the shelling of Rafah, where the Israeli army this month ordered people to head for their safety, was some of the heaviest in days

Adani Ports to raise $600 million through non-convertible debentures

The company, which operates 13 ports and terminals in the country including its largest container handling port

COP28 summit forced into overtime as fossil fuel talks divide nations

Al Suwaidi said the COP28 presidency aimed for a "historic" result that included mentioning fossil fuels - but that it was up to countries to agree

US CPI rises 3.1% in Nov, uptick not Fed incentive for early ease: Experts

The consumer price index edged up 0.1% last month after being unchanged in October, the Labor Department's Bureau of Labor Statistics said Tuesday

Rupee ends 1 paisa lower at 83.38 against dollar ahead of US CPI data

The rupee closed at 83.3875 against the U.S. dollar, barely changed from its close at 83.3925 in the previous session. The unit hovered between 83.36 and 83.39 on Tuesday

Oil rises after Iran-backed Houthi attack on ship, weak sentiment weighs

A cruise missile launched from Houthi-controlled Yemen struck a commercial chemical tanker, causing a fire and damage but no casualties in the latest such attack to heighten safety risks for tankers

Gold prices fall on a firm dollar as spotlight moves to US CPI data

In the limelight now, is the November US consumer price report due on Tuesday, which could offer more rate cut clues ahead of the Fed's statement and Chair Jerome Powell's comments on Wednesday

EU leaders set for summit showdown over Ukraine's accession talks

Other EU states, including richest member Germany, have said they back starting negotiations with Kyiv on the long process of joining the bloc, but Budapest dug in its heels

As Xi visits Vietnam, China offers rail grants, pushes digital silk road

China is ready to offer grants to Vietnam to boost the railway between Kunming and the Vietnamese port city of Haiphong, and other transport links from southern China to Hanoi

After US curbs, Tencent and small chip designers chase Nvidia's China crown

Nvidia commands as much as 90% of China's $7 billion market for chips used to process enormous amounts of data to develop AI software

Macy's gets $5.8 billion buyout offer from investor group, says report

Arkhouse, Brigade Capital submitted a proposal to acquire the firm's stock for $21 a share

Goldman Sachs lifts benchmark European share index's 12-month target to 500

Goldman's target is roughly 1% above the index's January 2022 high. The U.S. Federal Reserve began raising interest rates in March of the year

New COP28 draft text does not mention phasing out of fossil fuels

The relevant section of the text said that parties recognize "the need for deep, rapid and sustained reductions in GHG (greenhouse gases) emissions and calls upon Parties to take actions

Indian govt bond yields steady before key US Nov inflation prints

India's retail inflation likely picked up in November due to higher food prices after declining for three months, bringing it closer to the upper end of the RBI's 2%-6% target range, a poll found

Business booms on sidelines of COP28 as 'startup village' clinch deals

The executive agreed to a demonstration of the company's spray-on surface coating that breaks down air pollutants and repels dirt to treat its solar panel arrays

Crypto market eyes interest rates, expected bitcoin ETFs in 2024: Report

The price of bitcoin, the biggest cryptocurrency and the market's chief barometer, has more than doubled this year, reaching a 20-month high in November of $42,000 per token