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SoftBank likely to sell stake worth $150 mln in India's Delhivery

In March, the group had sold 3.8% stake in the logistics firm

Alibaba scraps cloud business spin-off citing US chip export ban: Report

Reports Q2 revenue in line with analysts' estimates

More Myanmar troops fleeing rebel attacks enter India, says report

The military ruled Myanmar with an iron fist for 50 years after seizing power in 1962, insisting it was the only institution capable of holding the diverse country together

BlackRock files for spot ethereum ETF to further cryptocurrency push

BlackRock is proposing to convert the trust to a "spot" ETF, which means it will own ether instead of futures products tied to the crypto token

ECB backs global rules for bonds wiped out in Credit Suisse rescue

ECB backed decision by Swiss authorities, which reflected clauses enshrined in local bonds, but urged global standard-setters on the Basel Committee on Banking Supervision to put some order in market

Gold climbs over 1% as US jobless claims data cement Fed pause bets

Data on Wednesday showed US producer prices fell the most in 3-1/2 years in October, while another set of data on Tuesday highlighted that US consumer prices were unchanged in October

Project Kuiper internet satellites fully successful in testing, says Amazon

The company said it had successfully used the prototype satellites for two-way video calls and streaming a high-definition film on Prime Video

Festive demand ebullient, but miles to go on inflation front: RBI bulletin

High-frequency food price data for this month up to Nov. 13 indicates that cereal and pulse prices have increased further, while edible oil prices continued to decline, the RBI said

Xi is dictator: Biden firm on past remark as US-China seek to cool tensions

When Joe Biden made a similar dictator reference about Xi Jinping in June, China called the remarks absurd and a provocation.

Israel prez suggests deploying force in Gaza; US warns against occupation

Joe Biden said that he had made it clear to Israeli Prime Minister Benjamin Netanyahu that a two-state solution was the only way to resolve the Israel-Palestinian conflict.

Record merchandise trade deficit in Oct likely to be a one-off: Analysts

India's merchandise trade deficit rose to an all-time high of $31.46 billion in October, widening sharply from the $19.37 billion print in prior month. Imports jumped from $65 billion from $53.8 bn

Reliance JioCinema signs up Pokemon in kids entertainment push: Report

The deal, signed this month, will make JioCinema's streaming app the "exclusive" India platform partner for more than 1,000 episodes and around 20 movies of the Japanese anime series

Joe Biden, Xi Jinping's 'blunt' talks yield deals on military, fentanyl

Biden and Xi met for about four hours on the outskirts of San Francisco to discuss issues that have strained U.S.-Chinese relations

Gold steadies amid firm dollar, countering expectations on peak US rates

The market was certain the U.S. central bank will leave rates unchanged in December, with most traders eyeing rate cuts from May 2024.

Oil prices fall on big US crude stock build, Asian fuel demand worries

Brent futures fell 28 cents to $80.90 a barrel by 0001 GMT. U.S. West Texas Intermediate crude (WTI) lost 31 cents to $76.35 a barrel.

Oil price falls on high US production, despite strong demand signals

In signs of healthy U.S. crude supply, American Petroleum Institute figures on Tuesday showed rising crude oil and gasoline inventories last week

Food inflation remains above comfort level, despite easing of CPI: Official

Food inflation, which accounts for nearly half of the overall consumer price basket, was 6.61% in October

India signs deals to export 500,000 tons of new season basmati rice

After imposing a ban on non-basmati white rice exports in Jun to stabilize domestic prices, India set a floor price, or minimum export price (MEP), of $1,200 a ton for overseas sales of basmati in Aug

Centre to seek steady coking coal supplies from Australia for steel mills

Australia accounts for over half of India's coking coal imports of around 70 million metric tons a year

Airlines in last-minute negotiations to rescue Dubai Airshow deals

Emirates Airline President Tim Clark warned Airbus and Rolls-Royce on Tuesday that increased engine downtime in harsh Gulf conditions, as well as higher prices for servicing