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US job growth beats expectations in Dec; unemployment rate falls to 4.1%

Nonfarm payrolls increased by 256,000 jobs last month after rising by a downwardly revised 212,000 in November, the Labor Department said in its closely watched employment report on Friday.

Tibet earthquake underscores seismic risks for dams in Asia's highlands

Earthquakes have damaged dams in the past, particularly by setting off landslides and rockfalls

China's exports grew 10.7% in Dec amid uncertainty over trade tariffs

Imports surprised to the upside with 1.0 per cent growth, the strongest performance since July 2024

Projected air travel growth runs counter to climate goals, says study

Steps to tame fast-growing air travel could include limiting airport infrastructure growth and corporate travel while increasing taxation on the sector

Global air finance summit in Dublin to address jet shortages, trade risks

Ireland is home to the worldwide aircraft leasing industry, which controls about half the world's airline fleet

Asian shares fall, dollar near 14-month high as inflation, earnings loom

The impact of the jobs report on US rate cut prospects also raised the stakes for consumer price figures

Apple wants to keep its diversity programmes from being disavowed

The National Center for Public Policy, a conservative think tank, submitted a proposal that the company consider abolishing its "Inclusion & Diversity program, policies, department and goals."

Tougher US sanctions to curb Russian oil supply to China and India

Russian oil exports will be hurt severely by the new sanctions, which will force Chinese independent refiners to cut refining output going forward, two Chinese trade sources said

TCS expects retail, manufacturing revival after banking recovery, says CFO

Retail and manufacturing are the second- and fourth- largest revenue contributors to the $29 billion behemoth

Will continue oil, gas projects despite US sanctions, says Russian govt

A ministry statement also said that Russia would respond to Washington's "hostile" actions, announced on Friday, while drawing up its foreign policy strategy

ex-Swiss FM warns of enlarged UBS size following Credit Suisse takeover

Should the bank fail, there are no local rivals left to absorb it, while the cost of nationalisation could severely damage public finances, experts have warned

IMF chief forecasts steady world growth in 2025, continuing disinflation

With inflation moving closer to US Federal Reserve's target, and data showing a stable labor market, the Fed could afford to wait for more data before undertaking further interest rate cuts, she said

Vedanta Resources secures $300 million loan commitment for debt refinancing

In September 2024, Vedanta Resources raised $900 million in its first dollar bond issue in more than two years and later raised $800 million through another dollar bond issue in November

US property and casualty insurers' stocks slide as LA wildfire losses mount

J.P.Morgan doubled its forecast of insured losses to over $20 billion

US to impose sanctions on Russian oil, Indian supplies may be hit

The sources said they understand that the new US sanctions would target more than 180 tankers shipping Russian oil and Russia-based maritime insurance service providers Ingosstrakh Insurance Company

Crude prices jump more than 3% on concerns over more US sanctions on Russia

The document, purported to be from the U.S. Treasury, was being circulated among traders in Europe and Asia. Reuters could not verify the veracity of the document

India's rice stocks hit record high, wheat reserves continue to deplete

India's rice exports have gained momentum after New Delhi removed most curbs in September and October

Tesla recalls around 239,000 vehicles over rear-view camera issue

Tesla said it was investigating to determine whether any affected vehicles have experienced stress that could result in a shorting failure

In month since the change of guard at RBI, rupee's volatility picks up

The dollar-rupee pair's 1-month daily realized volatility touched a near-six-month high late in December while implied volatility, a gauge of future expectations, rose to 3.5%

CBI names Diageo, Sequoia Capital in case alleging suspicious payments

The agency said Diageo suffered a huge loss from the 2005 embargo on its products by the India Tourism Development Corp, a firm majority-owned by the government that had a monopoly