Page 323 - Reuters%20/t%20_blank%20

UK insurer Aviva conspired to dodge India compensation & tax rules: DGGI

In an attempt to grow operations, Aviva's India business paid about $26 million between 2017 and 2023 to entities who purportedly provided marketing and training services

Amazon turns to Anthropic's Claude for conversational AI-powered Alexa

Amazon reportedly plans to charge for the upgraded version of Alexa as it will use generative AI to answer queries while offering the standard version for free

US futures rise, inflation data in spotlight as Fed's Sept meeting nears

Economists polled by Reuters forecast a marginal rise to 2.6% on an annual basis, from the previous month's 2.5%

Floods in Bangladesh impacting cotton import, shipments may divert to India

Some cotton shipments could get diverted to India, Pakistan and Vietnam, commodity analysts said

China's market regulator says Alibaba completed 3-yr 'rectification' period

In 2021, the regulator slapped a record $2.75 billion fine on the e-commerce giant for abusing its market position by forcing merchants on its platforms not to work with rival platforms

China lacks ability to fully invade, but has other options: Taiwan military

China's aim with the drills was to practice cutting off communication with the outside world and blockade Taiwan, and boarding foreign cargo ships is an option China could take

BPCL plans refining, petchem projects over 5-7 years to meet energy demand

India's annual consumption of refined fuels and petrochemicals is expected to rise steadily by 4-5 per cent and 7-8 per cent in the 'foreseeable future'

Indian dealers offer steeper discounts on gold as high prices dent demand

In India, the world's second-largest gold consumer, domestic prices were ruling around 71,900 rupees per 10 gram on Friday

Russia payment hurdles with China partners intensified in August: Report

Russian companies, officials for a few months have pointed to delays in transactions after Chinese banks tightened compliance following Western threats of secondary sanctions for dealing with Russia

India bond yields may inch higher as markets await weekly debt auction

The benchmark 10-year yield is likely to move between 6.85 per cent and 6.89 per cent till the debt auction

Uber CEO says growth in South Korea promising despite 'underdog' status

Uber first entered the South Korean market in 2013, but pulled out due to regulations that only allow companies with taxi licenses to offer ride services

Apple to invest in OpenAI as ChatGPT integrates into iOS, Nvidia to join

OpenAI has become increasingly important to Apple's artificial intelligence strategy, with the iPhone maker bringing the AI firm's chatbot, ChatGPT, to Apple devices as part of "Apple Intelligence"

Boeing's uncrewed Starliner capsule could return by late next week: Nasa

Last week, the space agency said its two astronauts who flew to the International Space Station (ISS) in the Starliner in June will return to Earth in a SpaceX vehicle early next year

Asian shares set for solid monthly gain, dollar dips on US rate cut bets

Solid growth and resilience in the world's largest economy trumped investors' disappointment on Nvidia's underwhelming results

India's June qtr GDP growth likely slowed on reduced government spending

Despite strong growth relative to other economies, India is lagging on job creation and more inclusive economic growth

Israel, Hamas agree to zoned 3-day pauses for Gaza polio vaccinations: WHO

The WHO confirmed on Aug. 23 that at least one baby has been paralyzed by the type 2 polio virus, the first such case in the territory in 25 years

Shell plans scale back in oil, gas exploration division workforce: Report

The restructuring in the exploration and wells development and subsurface units will see hundreds of job cuts around the world

US NSA Sullivan meets Xi Jinping as wide-ranging China-US talks near end

As the pair sat down in the Great Hall of the People, Xi told Sullivan Beijing was committed to a stable relationship with Washington

RIL boosts shares to record, Nifty logs longest gaining streak in 17 yrs

The NSE Nifty 50 and the S&P BSE Sensex both rose about 0.6% to hit all-time highs, before trimming some gains to settle up 0.4% at record closing levels

Govt allows sugar mills to use cane juice for ethanol production from Nov

he world's second-biggest sugar producer imposed restrictions on diverting sugar for ethanol production in December 2023 to increase sugar output after cane crop was hit by below-average monsoon rains