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Blowout jobs: A headache for Federal Reserve, or a back-to-2019 gift?

The dissonance in the data will be a key puzzle for policymakers to resolve as they plot their next interest rate moves

Axis Bank says it is comfortable with exposure to Adani Group entities

"Our exposure to Adani Group is primarily to the operating companies in the Ports, Transmission, Power, Gas Distribution, Roads, Airports etc," the bank said

Indian refiners pay traders in dirhams for Russian oil, says report

Indian refiners and traders are concerned they may not be able to continue to settle trades in dollars, especially if the price of Russian crude rises above a cap imposed by the Group of Seven nations

Tesla's Musk found not liable in trial over 2018 'funding secured' tweets

Shares of Tesla rose 1.6% in after-hours trading following the verdict

Ministry of Corporate Affairs reviews Adani Group's financial statements

India's ministry of corporate affairs has started a preliminary review of Adani Group's financial statements and other regulatory submissions made over the years

Alphabet disappoints on sales as ad business slips after pandemic run-up

Pichai pointed to advertisers' more modest spending and the impact of foreign exchange rates abroad as drags on Alphabet's overall results

Twitter to share ad revenue with some content creators, says Musk

Musk, however, did not give details about the portion of revenue that would be shared with users

Tata considers Spain, Britain for EV battery plant for supply in Europe

India's Tata is considering setting up a battery cell plant for electric vehicles (EV) in Spain or Britain

India's IndiGo seeks partnerships to expand international network

The airline's international capacity is already at 105% of pre COVID levels and it plans to grow this further in 2023, Pieter Elbers told analysts in a results call

Centre asks Vodafone Idea to convert govt dues into equity worth $2 billion

Troubled Indian mobile service provider Vodafone Idea Ltd said the govt ordered the company to convert into equity all the interest related to payments for spectrum and other dues owed to the govt

SBI says further financing to Adani projects to be evaluated on merit

State Bank of India, the country's largest lender, said on Friday any further financing to projects of the embattled Adani Group would be "evaluated on its own merit"

Dollar bonds of Adani Group extend gains even after Moody's warning

The US dollar-denominated bonds issued by entities of India's Adani Group extended gains on Friday

India's forex reserves rise for third straight week, hits 6-month high

India's foreign exchange reserves rose above a six-month high of $576.76 billion in the week through Jan. 27, the Reserve Bank of India's (RBI) statistical supplement showed on Friday

'No need for concern over SBI, LIC exposures': Fin Secy on Adani stock rout

India's finance secretary, when asked about the Adani Group companies' stock rout, said there was no cause for concern for depositors, policyholders or investors in any nationalised banks or LIC

Weak earnings from tech giants call time on stocks rally, US payrolls loom

The MSCI World Stock Index slipped 0.2%, but was still near its highest since last August following a sharp rebound in recent weeks on hopes that central bank rate hikes are nearing an end

Adani stock plunge can hurt group's ability to raise debt, says Moody

Credit ratings agency Moody's warned on Friday that the recent sell-off in Adani group's shares after a short-seller's report could reduce the Indian conglomerate's ability to raise capital

World food prices decline for tenth month running in January, says FAO

World food prices fell in January for a 10th consecutive month, and are now down some 18% from a record high hit last March following Russia's invasion of Ukraine, the United Nations food agency said

Dollar sustains momentum, rise slightly as traders await US jobs numbers

The dollar picked up against the euro, with the latter down 0.1% to $1.09 in early European trading

Exposure to Adani Group is limited, not re-evaluating stakes: TotalEnergies

Total has a 37.4% stake in Adani Total Gas (ATGL) and a 19.75% stake in Adani Green Energy (AGEL), according to its statement on Friday

Apple predicts drop in Q2 revenue, indicates iPhone production crisis over

Cook said the lockdowns in China created a dual challenge where both supply and demand were constrained, with greater China sales falling 7% to $23.9 billion