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Credit Suisse lays off one-third of China-based investment bankers

Credit Suisse has laid off about one-third of its China-based investment banking team and nearly half of its research department

India may boost rural spending by 50% next year to spur jobs, housing

India may increase rural spending by nearly 50% to 2 trillion rupees ($24.51 billion) next fiscal year, as the country seeks to boost jobs

Don't like Musk? Work for us: Tech firms woo ex-Twitter employees

Put off by Elon Musk's muscular management style? Move to us! That's the pitch being used by talent-starved technology firms trying to lure thousands of former Twitter Inc employees laid off

UK watchdog to investigate Apple, Google mobile browser dominance

Britain's competition watchdog on Tuesday launched an in-depth investigation into the dominance of the mobile browsers of Apple and Google

US Dollar steadies as China tightens Covid-19 curbs, bitcoin under pressure

The euro was up 0.14% to $1.0258 after an 0.8 %loss on Monday, sterling rose 0.19% to $1.1838, partially reversing its 0.6% fall, and the dollar was at 141.86 yen down 0.18% after a 1.2% gain

Global shares shake off China Covid-19 curbs, but investors stay cautious

The dollar pulled back from strong overnight gains while oil took a pause from Monday's retreat

Oil prices rise as Saudi comments outweigh recession, China Covid concerns

Brent crude rose 37 cents, or 0.4%, to $87.82 by 0915 GMT. U.S. West Texas Intermediate (WTI) crude was up 46 cents, or 0.6%, at $80.50

Indian govt to give additional funds for rural schemes to ease pain: Report

The additional funds will be used to bulk up job and affordable housing schemes in the fiscal year ending March 2023

Dollar retreats after overnight rally as China's Covid fears mount

China's capital warned on Monday that it was facing its most severe test of the COVID-19 pandemic, with a surge in COVID cases sparking fresh restriction measures

'Boomerang CEOs' don't always work out; Disney hopes Iger bucks trend

During Bob Iger's first tenure from 2005 to 2020, Disney's annualised shareholder returns were more than 14%, well above its rival Comcast Corp and the broader stock market

Oil prices rise after Saudi Arabia denies report of OPEC+ supply increase

Brent crude futures rose 17 cents, or 0.2%, to $87.62 by 0007 GMT. U.S. West Texas Intermediate (WTI) crude futures for January began trading Tuesday, rising 7 cents, or 0.1%, to $80.11 a barrel

China's great reopening may come too late for many businesses: Analysis

China's economy is expected to grow around 3% this year, missing its target of about 5.5%

Govt proposes guidelines to combat fake online reviews and ratings

Some companies have been criticised by consumers and industry experts for downplaying negative reviews, or accepting fake ratings, making the vetting process difficult for buyers

Oil dives, hits 10-month low on reports of OPEC+ considering output boost

Oil prices fell to their lowest since early January, after the Wall Street Journal reported that Saudi Arabia and other OPEC oil producers are considering a half-million barrel daily output increase

Jindal Steel & Power wins bid to build Botswana's 300-MW coal power plant

State owned Morupule Coal Mine and Minergy's Masama are the country's only operating coal mines

Discounts lift Russia's fertiliser exports, becomes top supplier to India

The surge in Russian supplies halved China's exports to India to 1.78 million tonnes in the first half of 2022/23

Oil prices ease to trade near 2-month lows on China demand fears

Brent crude futures for January had slipped 65 cents, or 0.7%, to $86.97 a barrel by 1000 GMT

US dollar rises as China's Covid-19 worries spur safe-haven buying

The dollar was up 0.5% against Japan's yen at 141.07, its highest since Nov. 11. Meanwhile the euro was 0.62% lower against the greenback at $1.026

Rise in Indian corporate lending to locals signals new investment cycle

That international slowdown will limit the strength of the new Indian cycle, economists say.

Sovereign investors favour US, India as top 2022 investment markets: Study

Among developing nations, India has overtaken China as the most popular emerging market, having climbed to No. 2 in 2022 from No. 9 in 2014.