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Trump, Musk target tax enforcers, scientists, bank regulators for job cuts

White House has not said how many people it plans to fire and has given no numbers on the mass layoffs

Citi raises CEO Jane Fraser's 2024 compensation 33% to $34.5 million

The compensation includes $1.5 million of base salary, $4.95 million in cash incentive and the rest in deferred incentives, the bank said

Chevron to cut 20% staff in long-awaited layoffs, CEO takes responsibility

Chevron's plan to cut as much as a fifth of its workforce - about 8,000 people - comes after oil prices traded in the $70-80 per barrel range for most of the past year

Asian stocks stutter after Trump vows tariff on auto, drugs, chips

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.29 per cent after touching a three-month high earlier in the session

US SEC requests help from Indian authorities in Adani fraud probe

Last year, federal prosecutors in Brooklyn unsealed an indictment accusing Adani of bribing Indian officials to convince them to buy electricity produced by Adani Green Energy

World Bank to decentralize operations, shift regional VPs to overseas hubs

Members of the bank's executive board were broadly supportive when briefed about the plan in recent weeks, two sources familiar with the plans said

'Israel to begin negotiations on second phase of Gaza ceasefire deal'

Negotiations for the second phase of the deal were supposed to be under way before the first phase ends on March 2, but Qatar said the talks have not officially started yet.

Temasek-backed Licious plans IPO in 2026, targets $2 billion valuation

Licious founders Abhay Hanjura and Vivek Gupta said in a statement that they are on their journey to being an IPO-ready company

Uber adopts 'zero-commission model' for autorickshaw drivers in India

Uber said it will now only connect users with nearby drivers and will suggest a fare but the final amount would be decided by the driver and the rider

Chinese lithium firm halts sorbent exports as Beijing tightens tech control

Jiangsu Jiuwu Hi-Tech told customers last month it would stop exporting a piece of filtration equipment known as a sorbent from February 1

US becomes India's 5th largest crude oil supplier in Jan as imports surge

Widened sanctions on Moscow by Western countries including the United States have roiled global oil trade and forced buyers of discounted Russian crude to find new ways to maintain their purchases

Nato must decline membership promise to Ukraine: Russia's foreign ministry

Zakharova said that Ukraine needed to return to the position of its 1990 declaration of sovereignty from the Soviet Union, in which Kyiv said that it would become a permanently neutral state

Govt bond yields a tad down, traders stay put before key triggers

The benchmark 10-year yield was at 6.6859%, compared with its previous close of 6.6930%. Indian debt and foreign exchange markets are shut on Wednesday for a local holiday

Gold rises as uncertainties around Trump tariffs fuel safe haven flows

With uncertainty surrounding the global economy and the broader geopolitical landscape in the Trump 2.0 era, gold is set to remain a natural beneficiary of risk-off flows and central bank buying

China tech stocks surge as Xi's meeting fuels hopes of policy shift

Index heavyweight Alibaba surged 3.3 per cent to a near three-year high after state media CCTV showed Xi and Alibaba founder Jack Ma shaking hands at the meeting on Monday

J&J begins critical court hearing over $10 billion baby powder settlement

The judge will listen to supporters and opponents of J&J's bankruptcy proposal in a marathon court hearing that will last until the end of February

Industry body calls for broken rice exports as stocks hit nine times target

India banned exports of 100% broken rice in September 2022 and then imposed curbs on exports of all other rice grades in 2023 after poor rainfall raised concerns over production

Export sector face uncertainty as Trump threatens reciprocal tariffs

To ease trade tension, India has already cut tariffs on several items, for example to 30 per cent on high-end motorcycles from 50 per cent and 100 per cent on bourbon whiskey from 150 per cent

Tiger Brokers adopts DeepSeek model as Chinese brokerages, funds embrace AI

Integration of the DeepSeek-R1 model into TigerGPT follows DeepSeek's meteoric rise which stunned Silicon Valley and triggered a rally in Chinese tech shares on bets of an AI revolution

Thousands of Indian investors lose nearly $100 mn in Ponzi scheme: Police

Indian police arrested two individuals on Saturday after a case was filed against Falcon Invoice Discounting, which promised returns of up to 22 per cent