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Daimler seeks to save over $1.1 bn with job cuts at Mercedes-Benz business

Earlier this year, Daimler had said it hoped to achieve a return on sales of 3% to 5% at Mercedes-Benz Cars

In October, India's diesel demand fell at steepest annual rate in 3 years

Sales of gasoline, or petrol, rose 8.9% in October from a year earlier, to 2.54 million tonnes

S&P 500, Dow flat in early trade as Cisco losses offset Walmart gains

The stock indexes had an uneventful open as weak data from China and Germany rekindled worries of a global slowdown due to a prolonged U.S.-China trade war.

Indian rice prices weaken on low demand; Bulbul damages Bangladesh fields

The Thai government has asked farmers in 22 rice-growing provinces not to grow off-season crops

Opec expects oil demand to fall in 2020, may maintain supply curbs

OPEC and its partners have been limiting supply since 2017

BRICS nations for common payment system to reduce dollar dependence: Russia

Dmitriev said the five BRICS nations had also discussed creating a common cryptocurrency for mutual payments as the grouping was reducing the share of payments in the U.S. dollar.

Walmart growth streak stretches to 21 quarters; sales up 3% in Sep quarter

Online sales rose 41%, higher than the previous quarter's increase of 37 pct and greater than the company's expectation of 35%

World stocks dip as China slowdown deepens, German barely escapes recession

European shares fell after data showing the German economy grew just 0.1% in the third quarter

CBI said to be filing fresh charges in $2-bn PNB scam involving Nirav Modi

Police filed their first charges in May last year and at the time detailed only some of the alleged fraudulent transactions to Modi and his associates

Boeing drops automation system used to build 777 jets on reliability issue

Boeing had faced delays last year when the fuselage automated upright build machine was tried out on existing versions of the 777

India resumes Malaysian palm oil imports as Kuala Lumpur offers discount

Malaysian palm oil is available at a $5 discount amid congestion at Indonesian ports

China says holding 'in-depth' talks with US on phase one of trade deal

The degree of tariff cancellation should fully reflect the importance of a 'phase one' agreement, China said

China's main growth engines falter in Oct as trade war with US continues

Disappointing numbers show China off to a rough start in the final three months of 2019.

Chinese students flee Hong Kong as campuses turn into battlegrounds

Fears intensified this week because of a widely circulated video of a mainland student being beaten by protesters at the Hong Kong University of Science and Technology

SoftBank's Yahoo Japan confirms merger talks with messaging app Line

A deal would bring together the operators of two of Japan's biggest QR code payment apps as the country belatedly shifts to cashless payments

Xi to Putin, BRICS leaders rail against 'bullying' protectionism

China, Russia, India, Brazil and South Africa called for greater inter-BRICS trade and investment.

Cash in circulation rises, hindering Modi govt's digital economy push

Ratio of currency in circulation to GDP has risen to 11.23 per cent as of March 2019, putting question mark over demonetisation aim.

US govt posts $134-billion budget deficit in October: Treasury dept

Fiscal year 2019 saw a widening in the deficit to $984 billion, the largest budget deficit in seven years

Brexit drove Tesla to pick Berlin over Britain for new EV factory

The company had earlier said it chose a location near Berlin for a new design centre and plant to make batteries, powertrains and vehicles, offering a major boost to the German capital

Prices of copper, other metals slip after Trump's tariff threat to China

While Trump said in a speech that a phase-one trade deal was close, the market focused on his comments about raising tariffs on Chinese goods