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Oil prices up as US crude stocks seen falling, dollar eases in early trade

Brent crude futures rose 8 cents to $80.07 per barrel by 0126 GMT, while US West Texas Intermediate (WTI) crude futures gained 6 cents to $76.29

Twitter hit with dozens of legal complaints by laid-off employees

The arbitration demands accuse Twitter of sex discrimination, breach of contract, and illegally terminating employees who were on medical or parental leave

Stocks, bonds fall as BOJ's surprise policy shift spooks investors

The Bank of Japan (BOJ) widened the allowable band for long-term yields to 50 basis points either side of its 0% target, from 25 basis points previously

Twitter hit with dozens of legal complaints by ex-employees post layoffs

Twitter laid off roughly 3,700 employees in early November in a cost-cutting measure by Musk, who paid $44 billion to acquire the social media platform, and hundreds more subsequently resigned

Indian shares trim losses on IT recovery; recession fears linger

Indian shares pared most of the losses in the final hour helped by rebound in IT stocks, while recession worries and a surge in Covid-19 cases in China continued to dampen sentiment

Govt plans tax waivers for IDBI Bank buyer to attract more suitors: Report

The government's planned tax waiver will allow a potential buyer to avoid this levy

China's withdrawal of Covid curbs could lead to over 2 mn deaths: Experts

New analyses by various modelling groups predict the reopening could result in as many as 2.1 million deaths

Cryptoverse: Bidding adieu to 2022, the year that broke bitcoin by 60%

Crypto funds have seen net inflows of $498 million in 2022, versus $9.1 billion in 2021

Bill Gates upbeat on climate innovation even if 1.5 deg C goal out of reach

Given "the overall scale of our industrial economy, we're going to have to do mind-blowing work to stay below 2 degrees," he said

Centre set to offer wheat to millers, biscuit makers to tame prices: Report

Wheat prices have surged in India this year after a sudden rise in temperatures hit crop yields and output

Crypto firm Voyager to sell assets to Binance US in $1 billion deal

Nearly $2 trillion in value has been wiped out from the crypto sector this year on rising interest rates and exacerbating worries of an economic downturn

Mondelez to sell gum business in developed markets for $1.35 billion

The company said it will continue to operate its gum business outside the United States, Canada and Europe

Chinese business confidence falls to lowest in almost a decade on Covid-19

The index fell to 48.1 in December from 51.8 in November, showed the World Economics' survey of sales managers at over 2,300 companies conducted Dec. 1-16

Yes Bank completes transfer of $5.81 bn worth bad loans to JC Flowers

Yes Bank's gross bad loan ratio edged down to 12.89% at the end of the Sept quarter from 13.45% at the end of June

India set to offer wheat to flour millers, biscuit makers to tame prices

Wheat prices have surged in India this year after a sudden rise in temperatures hit crop yields and output

India eyes quality control measures for rubber, cement industries: Report

India aims to implement quality control measures for the light engineering, rubber, cement and concrete building materials industry by next year, a government source said

Recovery in Asia M&A, stuck at 8-year-lows, rests on macro conditions

Deals are set to revive slowly as companies and funds watch out for easier macroeconomic conditions, they said. Hopes that Chinese companies will return to the market have strengthened

Festivity on hold for Asian stocks as prospect of rate hikes beckon

Japan is set to tweak its 2% inflation targeting policy, possibly giving the central bank more wiggle room

Oil prices climb on account of optimism over China's demand recovery

Brent crude futures rose 72 cents, or 0.9%, to $79.76 a barrel by 0103 GMT while U.S. West Texas Intermediate crude was at $74.89 a barrel, up 60 cents, or 0.8%

Banks reluctant to lend to e-bus makers on concerns of recovery of dues

Lack of funding is limiting the ability of e-bus makers to participate in federal govt tenders to supply to states, the sources told, threatening to slow the electrification of major public transport