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Reuters

Reuters

Reuters

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

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Hyundai plots SUV rollout in India as local competition mounts ahead of IPO

The SUV rollout will begin with its first India-made electric vehicle early next year

Hyundai plots SUV rollout in India as local competition mounts ahead of IPO
Updated On : 29 Aug 2024 | 10:07 PM IST

British film investors aim to revive studio plan amid push for growth

Marlow Film Studios said it would appeal to a national planning body after the proposed new studio complex was rejected

British film investors aim to revive studio plan amid push for growth
Updated On : 29 Aug 2024 | 10:47 AM IST

China invests $6.1 billion in computing data center project, says official

China's massive investment in computing comes as it faces increasing restrictions from the United States

China invests $6.1 billion in computing data center project, says official
Updated On : 29 Aug 2024 | 10:47 AM IST

South Korea's Prez pledges urgent reform of $830 bn public pension fund

Yoon said there had been a loss of confidence in the pension system across generations

South Korea's Prez pledges urgent reform of $830 bn public pension fund
Updated On : 29 Aug 2024 | 10:46 AM IST

Govt bond yields steady, benchmark holds above 6.85% as traders await data

Fed Chair Jerome Powell had last week delivered his strongest signal that interest rates will come down in September

Govt bond yields steady, benchmark holds above 6.85% as traders await data
Updated On : 29 Aug 2024 | 10:34 AM IST

US, Chinese officials to conclude talks on Taiwan, military communication

Sullivan is expected to press for enhanced working-level military to military communications

US, Chinese officials to conclude talks on Taiwan, military communication
Updated On : 29 Aug 2024 | 10:25 AM IST

EU new car sales flat in July as battery EVs lose market share, says ACEA

Improvements in the Belgian, Dutch and French electric-vehicle (EV) markets failed to offset a drop of almost 37 per cent in sales

EU new car sales flat in July as battery EVs lose market share, says ACEA
Updated On : 29 Aug 2024 | 10:00 AM IST

Nations building their own AI models add to Nvidia's rising chip demand

Countries adopting their own AI applications and models will contribute about low double-digit billions to Nvidia's revenue

Nations building their own AI models add to Nvidia's rising chip demand
Updated On : 29 Aug 2024 | 9:38 AM IST

Asian shares track Wall Street futures lower as Nvidia's results disappoint

Investors now await US weekly jobless claims, which have gained prominence

Asian shares track Wall Street futures lower as Nvidia's results disappoint
Updated On : 29 Aug 2024 | 9:19 AM IST

Nvidia's quarterly forecast fails to impress investors, shares fall

The revenue and gross margin forecast for the current quarter were not far from analysts' expectations

Nvidia's quarterly forecast fails to impress investors, shares fall
Updated On : 29 Aug 2024 | 8:59 AM IST

Mexico to debate judicial reform next week amid ongoing diplomatic tensions

Canada's government said that it respects Mexico's sovereignty but that investors have expressed concern over the reform

Mexico to debate judicial reform next week amid ongoing diplomatic tensions
Updated On : 29 Aug 2024 | 8:56 AM IST

South Korean lithium battery maker CEO arrested over deadly fire incident

Park Soon-kwan, the CEO of Aricell, which is majority owned by S-Connect, apologised after the fire

South Korean lithium battery maker CEO arrested over deadly fire incident
Updated On : 29 Aug 2024 | 8:46 AM IST

Qantas announces $271 mn share buyback plan despite annual profit dip

Qantas expects its fuel costs in the first half of fiscal 2025 to be in line with the year-ago level at $2.7 billion

Qantas announces $271 mn share buyback plan despite annual profit dip
Updated On : 29 Aug 2024 | 8:44 AM IST

CrowdStrike cuts profit forecasts as Windows outage weighs on new deals

Analysts expected the reputational hit could hurt CrowdStrike's dominant position

CrowdStrike cuts profit forecasts as Windows outage weighs on new deals
Updated On : 29 Aug 2024 | 8:41 AM IST

Foreign lenders lured by stake sales in Indian banks, face tighter rules

Banking sector deals in India, especially those involving foreign entities, are rare

Foreign lenders lured by stake sales in Indian banks, face tighter rules
Updated On : 29 Aug 2024 | 8:39 AM IST

HP predicts lower profit due to weak PC market, rising competition

The company expects commercial PC momentum to continue, while seeing a slower recovery in the print market

HP predicts lower profit due to weak PC market, rising competition
Updated On : 29 Aug 2024 | 8:39 AM IST

SBI to focus on neglected, small-ticket deposits to boost liquidity: MD

The lender will focus on accounts under a government scheme called 'Jan Dhan', or people's wealth, that provides access to various financial services to low income groups, Tewari said

SBI to focus on neglected, small-ticket deposits to boost liquidity: MD
Updated On : 28 Aug 2024 | 7:24 PM IST

Gold pressured by stronger dollar, with Nvidia, US inflation data in focus

Markets are focused on the looming U.S. personal consumption expenditure (PCE) data, the Fed's preferred measure of inflation, due on Friday

Gold pressured by stronger dollar, with Nvidia, US inflation data in focus
Updated On : 28 Aug 2024 | 6:21 PM IST

National Bank of Canada's profit rises on wealth management, strong markets

National Bank of Canada's upbeat results come in contrast to rival Bank of Montreal, which reported a drop in quarterly adjusted profit on higher loan loss provisions

National Bank of Canada's profit rises on wealth management, strong markets
Updated On : 28 Aug 2024 | 5:50 PM IST

Adani Enterprises' debut public bond sale may see strong demand: Bankers

The issue, which would be India's second-biggest for the current financial year, will open for subscription on Sept 4 with closing scheduled for Sept 17, according to an exchange filing

Adani Enterprises' debut public bond sale may see strong demand: Bankers
Updated On : 28 Aug 2024 | 5:47 PM IST