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Tyremaker Ceat's Q2 net slumps 81% on higher input costs, revenue up 18.1%

Ceat's revenue from operations rose 18.1% to Rs 28.94 billion in the quarter

Oil slips on demand concerns but holds near $100 a barrel as dollar weakens

Brent crude futures fell by 39 cents, or 0.4% to $98.18 a barrel by 1306 GMT. U.S. West Texas Intermediate crude fell by 47 cents, or 0.51%, to $92.14

Apple distributor Redington Q2 profit up as India sales of phones rise

The iPhone distributor's quarterly revenue rose to 190.51 billion rupees from 152.87 billion rupees a year ago, per the filing. Apple, its single largest vendor, accounted for 27% of the revenue

Ukraine President Zelensky warns of more attacks on energy infrastructure

Ukraine's President Volodymyr Zelensky warned against more potential Russian attacks on energy infrastructure, while the mayor of Kyiv urged residents to consider preparing to leave temporarily

Forex reserves jump likely fuelled by revaluation, forward book changes

India's forex reserves rose by $6.5 billion to $531.1 billion in the week through Oct. 28, marking their biggest weekly increase since September 2021, data released by the Reserve Bank of India showed

State Bank of India's stock hits record high on 'best-in-class' results

Shares of State Bank of India (SBI) climbed nearly 5% to an all-time high on Monday after the country's largest lender reported a record quarterly profit

Britannia Industries' shares jump nearly 10% after Q2 profit beat

Shares of India's Britannia Industries Ltd rose as much as 10% on Monday, after the Good Day and Tiger biscuits maker reported late Friday a 28.4% jump in second-quarter consolidated net profit

Dollar gains as China sticks to strict Covid policy, souring risk sentiment

The dollar gained 0.9% on the Chinese offshore yuan to 7.237 in early Asia trade, while the risk-sensitive Australian and New Zealand dollars were also among the biggest losers

Foxconn says working to resume China production as soon as possible

Foxconn said in a statement that the provincial government in Henan, where Zhengzhou is located, "has made it clear that it will, as always, fully support Foxconn in Henan".

Oil prices fall more than 2% as China sticks to strict zero-Covid policy

Brent crude futures dropped $1.58, or 1.6%, to $96.99 a barrel by 2336 GMT, after hitting as low as $96.50 earlier.

SoftBank expected to face further weakness in tech stocks at Q2 earnings

SoftBank Group Corp is expected to face further weakness in tech stocks when it reports second-quarter earnings on Friday, after two brutal quarters that have shaken Masayoshi Son's tech conglomerate

What is 'loss and damage' compensation at COP27 and who should pay?

The COP27 summit follows a year of such disasters, from floods that killed more than 1,700 people in Pakistan to drought withering crops in China, Africa and the U.S.

China posts 6-month high Covid-19 infections as it sticks with strategy

China recorded 4,610 new Covid-19 infections on Saturday, of which 588 were symptomatic and 4,022 were asymptomatic, the National Health Commission said, the most since May 6

UK PM Rishi Sunak to pledge accelerated renewables plan at COP27 summit

Sunak made a last-minute decision on Nov. 2 to participate in the climate talks, reversing a plan much criticised by environmental activists and political opponents to skip the annual gathering

US privately asks Ukraine to show Russia it's open to talks: Report

The paper quoted unnamed people familiar with the discussions as saying that the request by American officials was not aimed at pushing Ukraine to the negotiating table

Musk's Twitter updates app to start charging $8 for blue checkmark

The billionaire entrepreneur and CEO of electric car maker Tesla cut half the staff at Twitter and has vowed to start charging users more

Twitter lays off staff as Musk blames activists for massive ad revenue drop

Tweets by the company staff said teams responsible for communications, content curation, human rights and machine learning ethics were among those gutted, as were some product and engineering teams

Investors pile into cash at fastest rate since Covid-19 crisis: BofA

Cash funds saw inflows of $62.1 billion this week, reflecting investor demand for dollars, which in turn saw the 19th straight week of outflows from gold funds

Iran is ready to deliver oil to India, says ambassador Iraj Elahi

"We always express our readiness to increase our economic ties with India. It's up to India, we are ready to deliver oil," Elahi said

Godrej Agrovet Q2 net profit falls 34.3% to Rs 71.76 cr on higher costs

Total revenue from operations grew 13.5% to Rs 2,445 crore