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China, in comic strip, warns of 'overseas' threats to its rare earth

It also banned the export of technology to make rare earth magnets, in addition a ban on technology to extract and separate rare earths

Saudi fund PIF gives initial price guidance for three-part bond: Report

PIF is the chosen vehicle of Saudi Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler, to drive the country's ambitious plan to wean itself off oil as it diversifies Saudi economy

UK watchdog confirms scrapping of tougher company internal controls

The FRC has also just been given anew remit to consider Britain's global competitiveness when writing new rules

Economists increasingly sure US will avoid recession, shows survey

Also, inflation has been falling faster than expected, and the labor market is cooling but not collapsing

Against expectations, Japan's budget expected to remain in Red in FY25

Japan's primary budget has largely been in deficit in the postwar era with the exception of the asset bubble period between 1986 and 1991

Singapore's crypto firm Terraform files for bankruptcy protection in US

Singapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million

OpenAI bans developer for bot mimicking US lawmaker, says repor

'We recently removed a developer account that was knowingly violating our API usage policies which disallow political campaigning, or impersonating an individual without consent,' OpenAI said

Steel Authority suspends two directors at direction of anti-graft ombudsman

The suspension will not affect the company's performance, Chairman Amarendu Prakash said in a statement

Govt defers Rs 5,000 cr plan to fill parts of strategic petroleum reserve

In the federal budget for 2023-24, the government had outlined a plan to purchase crude oil worth Rs 5,000 crore for caverns in the southern cities of Mangalore and Visakhapatnam

Tata Group bags five-year IPL title sponsorship rights for $300 million

Backed by celebrity franchise owners and featuring the best players in international cricket, IPL has become the world's richest T20 tournament with an estimated brand value of $8.4 billion

ICICI Bank's Q3 profit at Rs 10,272 cr on account of strong loan growth

Indian lenders have been reporting double-digit loan growth consistently over the past few months owing to higher demand, but rising deposit costs have squeezed their margins

Interim Budget to cut fiscal deficit in election year, focus on capex: Poll

The government is aiming to narrow the fiscal deficit to 4.50% of GDP by the end of the 2025-26 fiscal year (FY) from 5.90% in the current year to end-March 2024

Oil drops slightly on China demand concerns but records weekly gain

Brent futures settled 54 cents lower at $78.56 a barrel. U.S. West Texas Intermediate crude fell 67 cents to settle at $73.41

Market regulator Sebi probing three IPOs for inflating subscriptions

MUMBAI (Reuters) -India's market regulator is investigating three initial public offerings (IPOs) for allegedly inflating the number of subscriptions received

China orders indebted local govts to halt some infrastructure projects

Beijing has been tightening curbs on debt in recent months to defuse risks to the world's second-largest economy and its financial stability

Boeing sees no delays to plane deliveries to India because of MAX 9 issues

Boeing earlier this week named Kirkland Donald to advise the planemaker's CEO on improving quality control after the incident

USFDA finds new manufacturing lapses at pharma co Eli Lilly's plant: Report

Lilly said in a statement to Reuters that the inspection followed a company request to the FDA to make a change to its manufacture of migraine treatment Emgality

Ford reduces production of F-150 Lightning pickup truck as EV demand slows

The announcement is the latest sign of softening demand for EV trucks. General Motors in October postponed the opening of a $4 billion electric truck plant in Michigan for a year

Non-Aligned Movement leaders denounce Israel's military campaign in Gaza

Israel launched its offensive in Gaza after the Islamist militant group Hamas' Oct. 7 attack in which Israeli officials say more than 1,200 Israelis and foreigners were killed and 240 taken hostage

Citigroup lays off more bosses as CEO addresses managing directors: Report

The bank last week said it would cut 20,000 jobs over the next two years, after a fourth quarter marred by one-off charges that resulted in a $1.8 billion loss