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More than 10 million people signed up for X in December, says CEO

X, which does not regularly release user data, could not immediately be reached for comment on how the December sign-ups compared to average or why Yaccarino disclosed the figure

India's fuel demand slips in Nov from 4-month peak, hit by reduced travel

It was down about 2 per cent compared with the same period a year earlier

Indian banks ask fintech partners to limit tiny personal loans: Report

Several smaller fintechs have tie-ups with banks and non-bank finance companies for small-ticket personal loans

US firm KKR to raise up to $7 bn for first global climate fund: Report

The fund will scout for opportunities across the United States, Europe and Asia Pacific for investments of between $300 million and $750 million each, the source added

Moldova, Serbia volunteer to host UN climate talks 'COP29' next year

At this year's UN climate summit, countries, development institutions and businesses are pledging more money for everything from the energy transition to health care initiatives

'World is watching,' says US President Biden as Israel, Ukraine aids stall

Biden said he was willing to consider immigration policy changes to secure a deal, winning praise from a key Republican lawmaker

Asia-Europe LNG spread at widest level in almost two years: S&P Global

The spread between the Japan Korea Market, used as an Asian benchmark, and the Title Transfer Facility, the European gas benchmark, was assessed at $2.79 per million British thermal units on Wed

British hedge fund trader Sanjay Shah detained in Denmark before trial

Shah is due to face trial in Denmark early next year on charges related to so-called "cum-ex" trading schemes in which the Danish state says it lost more than 12.7 billion crowns ($1.84 billion)

SoftBank seeks to offload shares worth $135 million in Zomato: Report

This is the third time since August that SoftBank will offload its stake in Zomato, India's largest online food delivery service. It sold a similar stake in October

Tata Motors lobbies against lowering EV import taxes as Tesla looms: Report

As India tries to boost domestic manufacturing and EV adoption, Tesla is proposing to set up an Indian factory, but is demanding lower import taxes for electric cars

Indian cos' rupee bond issuance at record in 2023 on jumbo debt sales

Indian companies raised around 914 billion rupees ($10.97 billion) through the private placement of bonds in November

Alphabet launches Gemini, an AI- based model it hopes will take down GPT-4

Called Gemini, the Google owner's highly anticipated AI model is capable of more sophisticated reasoning and understanding information with a greater degree of nuance than Google's prior technology

How growing electric vehicles' sales are speeding end of the oil age

The Paris-based International Energy Agency (IEA), a grouping of 29 industrialized nations, expects world oil consumption to hit its zenith at the end of this decade at 103 million barrels per day

Citigroup reorganisation to be completed in first quarter, to cost $1 bn

The bank maintained its estimate for 2023 expenses at $54 billion, excluding a special assessment from the Federal Deposit Insurance Corp. of about $1.65 billion

British American Tobacco writes down US cigarette brands, stocks fall

BAT's move comes as ever-stricter regulation and growing awareness of health risks squeeze tobacco companies' traditional business, driving declines in cigarette volumes in some markets

Israeli forces battle Hamas in southern Gaza, humanitarian concerns grow

Tanks were stationed on the edge of the Khan Younis refugee camp, not far from the house of Hamas' leader in Gaza, Yehya Al-Sinwar, they said. It was unclear whether anyone was there

India plans to discourage ethanol production to prioritise sugar: Report

India's fuel retailers buy ethanol from sugar mills to blend with gasoline and they were paying higher price for ethanol produced from juice and B-heavy molasses

Govts spying on Apple, Google users through push notifications: US senator

In a statement, Apple said that Wyden's letter gave them the opening they needed to share more details with the public about how governments monitored push notifications

Dollar touches 2-week high, euro weaker as market bets on rate cuts

raders are now betting that there is around an 85% chance that the ECB cuts interest rates at the March meeting, with almost 150 basis points worth of cuts priced by the end of next year

US 10-year yields hit three-month lows on concerns for weak jobs report

Private payrolls rose by 103,000 jobs last month, the ADP National Employment Report showed on Wednesday, below forecasts for 130,000 in jobs gains