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BofA profit up on higher interest income, surprise investment banking gain

The second-largest U.S. bank on Tuesday posted net income of $7.27 billion, or 91 cents per share, in the three months ended Sept. 30. It rose from $6.58 billion, or 81 cents per share, a year earlier

Goldman Sachs profit plunges to $2.06 billion on impact from fintech sale

The Wall Street giant reported net profit of $2.06 billion, or $5.47 per share, for the three months ended Sept. 30, it said on Tuesday

Lockheed revenue up on sustained weapons demand amid geopolitical tensions

The ongoing war in Ukraine has prompted restocking arms and ammunition such as shoulder-fired missiles, artillery and other weaponry, providing U.S. defense companies with lucrative Pentagon contracts

Bajaj Finance Q2 results: Consolidated PAT rises 28% to Rs 3,551 crore

Loan losses and provisions grew nearly 47% year-on-year in the quarter to Rs 1,077 crore, up from Rs 734 crore a year ago

Indian wheat prices at 8-month high on festival demand, tight supply

Wheat prices in New Delhi jumped by 1.6% on Tuesday to 27,390 rupees ($329) per metric ton, the highest since Feb. 10. Prices have surged by nearly 22% over the past six months

Coal India, GAIL, RCF to partner to invest $372 mn in fertiliser JV

Coal India will need a federal cabinet nod for the infusion as the company has hit its investment ceiling, the sources said, adding that the cabinet is likely to take a call in the coming weeks

Tesla to recall nearly 55,000 Model X vehicles, says auto regulator

Tesla has released an over-the-air (OTA) software update, free of charge, to fix the issue, the National Highway and Traffic Safety Administration (NHSTA) said

JPMorgan index-bound Indian bonds lure foreigners, but flows to start later

"This pace, however, may not sustain at least in the immediate future as globally investors will eye developments in the Middle East conflict and what impact it could have on oil prices"

India's top regulators investigating alternate investment funds: Report

The sources declined to be identified because they are not authorised to speak to the media. Sebi and RBI did not respond to requests for comment

Jio Financial set to launch suite of loan products to expand footprint

JFS plans to launch auto, home loans and other products, as the billionaire Mukesh Ambani-backed company seeks to establish itself as a full-service financial services firm in a rapidly growing market

Maruti to pay $1.54 billion in stock to Suzuki Motor for local plant

Maruti will issue 12.3 million preference shares at Rs 10,420.85 each, which is a 2.7 per cent discount to the stock's closing price on Monday. The stock dropped 0.6 per cent on the day

Putin visits 'dear friend Xi Jinping' in show of no-limits partnership

It is also the Kremlin chief's first official trip outside of the former Soviet Union this year, after visiting Kyrgyzstan, a former Soviet republic, earlier this month

Senior US general flies into Israel as its conflict with Hamas deepens

The US military is increasing its firepower in the region, aiming to prevent Iran and other Iran-backed groups from getting involved in the conflict as international fears of a wider war grow

Industrial metals to remain vulnerable to more softness near-term: Goldman

The copper market could face near-term pressure from the likelihood that Chinese imports of the metal could be restrained, the bank said

US tackles loopholes in curbs on AI chip exports to China: Official

The new rules will block some AI chips that fall just under current technical parameters while demanding companies report shipments of others, said an official

Who funds Hamas? A global financing network of crypto, cash, charities

Between December 2021 and April this year, Israel seized almost 190 crypto accounts it said were linked to Hamas

Wheat tops two-week high on global demand, traders eye Middle East

Corn futures eased as traders monitored the U.S. harvest, while gains in soyoil futures helped lift the soybean market, analysts said

Crude oil fall below $90 per barrel on report of US-Venezuela deal

Brent futures were down 59 cents, or 0.67%, at $90.27 a barrel at 10:30 CDT (1532 GMT). U.S. West Texas Intermediate (WTI) crude fell by 0.29 cents, or 0.37%, to $87.30 a barrel

LinkedIn lays off 668 employees in 2nd cut this year amid slow growth

The cuts, which affect more than 3% of the 20,000-strong staff, add to the tens of thousands of job losses this year in the technology sector in the face of an uncertain economic outlook

Bitcoin gives up gains after BlackRock denies ETF approval report

In a post on X, Coin Telegraph apologized for its earlier post, which it said "led to the dissemination of inaccurate information"