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'Post-it' maker 3M India's profit jumps 38% in Q2 on steady demand

It reported a more than 6% rise in revenue from operations to Rs 1,040 crore, helped by a near 5% growth in the transportation and electronics segment

Tata Steel cuts 800 jobs in the Netherlands to increase profitability

"Despite all efforts by Tata Steel to improve its market position and reduce costs, more needs to be done," the company said in a statement

Palm and sun oil imports rise to record highs on rebound in consumption

Soyoil imports in the year fell 12% to 3.68 million tons as for most of the months it was trading at a premium over palm oil and sunflower oil

Gold prices hold steady as investors awaits key US inflation data

Core US CPI month-over-month is expected to have risen 0.3% in October, with a year-over-year increase of 4.1%, a poll showed. Both estimated gains are the same as in September

Manappuram Finance beats Q2 profit estimates, up 37% on high loan demand

Gold prices hit a record high earlier this year and though it saw some subsequent corrections, prices were up more than 20% year-on-year for the quarter

Moody's warns US top-notch credit rating under threat, lowers outlook

Continued "political polarization in Congress raises the risk that lawmakers will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability," Moody's said

Siemens Energy $16 bn guarantee deal to be presented on Wednesday

Of the 15 billion, banks involved in the talks will bear around 12 billion euros, of which the government would backstop 7.5 billion, the people said

Volkswagen to cut administrative personnel costs by 20% in savings drive

The specific details of the drive at Volkswagen's passenger car brand, announced in June and currently being defined in talks between management and the workers council, are due to be set by December

Rupee little changed as RBI support aids, inflation data in focus

While state-run banks were supplying dollars in the spot market even on Monday, traders said it was difficult to ascertain whether it was for their clients or for the RBI

Oil wavers on weak demand outlook in US and China, Fed hedging

Prices gained nearly 2% on Friday as Iraq voiced support for oil cuts by OPEC+, but lost about 4% for the week, recording a three-week losing streak for the first time since May

Russia to limit only VPN services which pose a 'threat' to security

Demand for VPN services soared after Russia restricted access to some Western social media after President Vladimir Putin ordered troops into Ukraine in February 2022

Germany set to double Ukraine military aid under Scholz plan: Report

A spokesperson for Germany's Ministry of Defence said the Bundestag committee has not finished negotiations and declined to comment further

In UN talks for plastic treaty, delegates to face off over production limit

"We are at a pivotal moment in this process," said Andres Del Castillo, a senior attorney of the Center for International Environmental Law who is an observer to the negotiations

Israel offers to evacuate babies from crippled Gaza City hospital

Palestinian officials said on Friday that 11,078 Gaza residents had been killed in air and artillery strikes since Oct. 7, around 40% of them children

China's largest chipmaker SMIC's Q3 net down 80%; says market stabilising

Their results echoed others such as Taiwan's TSMC and Germany's Siltronic, who have faced similar earnings pressure from a slowdown in the semico­nductor industry

Wearable 'Ai Pin' launched by Humane, backed by former Apple execs

"Ai Pin is the embodiment of our vision to integrate AI into the fabric of daily life, enhancing our capabilities without overshadowing our humanity," Humane co-founder and President said

India's Glenmark Pharma posts Q2 loss on exceptional legal costs

Glenmark incurred an exceptional cost of Rs 325 crore, during the quarter, related to a legal case settlement with US DoJ, Antitrust Division and remediation costs at manufacturing sites

India's foreign exchange reserves hit seven-week high of $590.78 billion

RBI has bolstered its forex reserves to deal with potential eventualities, RBI Governor Shaktikanta Das said on Thursday, adding that India's current account deficit is "eminently manageable"

iPhone maker to file challenge over Digital Markets Act in EU court

EU had designated 22 services of major tech firms as "gatekeepers" of online services, requiring them to inter-operate their messaging apps with rivals and let users decide which apps to pre-install

ONGC posts 20% drop in quarterly profit on lower crude oil prices

ONGC's total crude oil production fell 2.1% to 5.25 million metric tons (MMT), while total gas production dropped 2.8%