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HSBC's shares decline as $3 billion charge on stake in China bank

HSBC's shares slid as much as 8% in London, heading for their worst single-day drop since the Covid-19 pandemic erupted in March 2020

Google releases 'open' artificial intelligence models after Meta, others

The Alphabet subsidiary said individuals and businesses can build AI software based on its new family of "open models" called Gemma, for free

Britain sanctions heads of Russian prison where oppn leader Navalny died

"It's clear that the Russian authorities saw Navalny as a threat and they tried repeatedly to silence him," said UK Foreign Secretary David Cameron

India's lentil imports from Canada surge despite diplomatic strains

After Trudeau's comments, Indian lentil buyers slowed purchases from Canada, fearing that New Delhi or Ottawa could impose barriers on trade

Govt planning to standardise 'know your customer' norms for banking checks

Wednesday's statement made no direct reference to Paytm Payments Bank, saying only the FSDC discussed Know Your Customer (KYC) norms

Apple rolls out iMessage upgrade to withstand quantum computers decryption

Early planning is necessary, the U.S. cyber watchdog agency, the Cybersecurity and Infrastructure Security Agency, said in a 2022 advisory

Nirma issues bonds to fund Glenmark Life Sciences acquisition: Bankers

Earlier in the day, the detergent maker had invited bids for bonds maturing in one year and two days, two years, one month and 16 days, and in three year, one month and 16 days

Asian bonds gain solid inflows on rate cut hopes amid US inflation concerns

India led the way with a robust influx of $2.39 billion into its bonds, the highest since August 2017, fueled by anticipation of its inclusion in JP Morgan's emerging market debt index this year

Higher sales tax drives Sri Lanka inflation to 6.5% in January, shows data

The National Consumer Price Index (NCPI) captures broad retail price inflation and is released with a lag of 21 days every month

Torrent Power, Lanco lowest bidders in natural gas-fired power auction

India relies on coal to generate about three-quarters of its electricity, and power generated from coal is typically much cheaper than that generated by gas-fired plants

Reserve Bank bolsters oversight of fintech firms with more inspections

All the sources declined to be named as they were not authorised to speak to the media

US to impose 'major sanctions' on Russia over Navalny death: Report

The prison service said at the time that Navalny fell unconscious after a walk and died. US President Joe Biden has blamed Russian President Vladimir Putin

Microsoft develops AI server gear to lessen reliance on Nvidia: Report

The new network card is similar to Nvidia's ConnectX-7 card, which the chip developer sells alongside its graphic processor units (GPUs), the report added

More than half of world's countries will be at high measles risk: WHO

Death rates are higher in poorer countries due to weaker health systems, Crowcroft said, adding that outbreaks and deaths were also a risk for middle and high income countries

Flipkart looking to buy Reliance-backed on-demand delivery co Dunzo: Report

The retail arm of Reliance Industries, which picked up a 26% stake in Dunzo in 2022 for $200 million, has not approved the deal yet, the report added

Canada's rate of inflation slows, boosts bets on early interest rate cut

The January inflation figure "will certainly raise the odds on an April rate cut," said Karl Schamotta, chief market strategist at Corpay

Walmart to acquire Vizio for $2.3 bn, sales outlook, dividend lift shares

The retailer reported a 3.9 per cent rise in comparable sales, excluding fuel, for the quarter ended Jan 31

Cryptoverse: Breezy bitcoin reclaims $1 trillion crown, up 22% this year

Its resurgence has electrified the broader cryptocurrency market, including ether and other digital coins, which has now exceeded $2 trillion, as per data from CoinGecko

'Capital One-Discover deal could hurt Visa, Mastercard dominance'

The all-stock deal would give Capital One access to Discover's network of payments processing and settlement services, potentially allowing it to cut its reliance on Visa and Mastercard

Briefly suspended Yulia Navalnaya's social media account due to error: X

"Our platform's defence mechanism against manipulation and spam mistakenly flagged @yulia_navalnaya as violating our rules," X said in a statement