Page 604 - Reuters%20/t%20_blank

Vladimir Putin and Xi Jinping to meet in Beijing in October, says Russia

Putin will attend the third Belt and Road Forum after an invitation by Xi during a high-profile visit to Moscow in March

India will receive heavy monsoon rains in September, says weather chief

The monsoon, the lifeblood of India's $3 trillion economy, delivers nearly 70% of the rain needed to water its farms and recharge reservoirs and aquifers

Instacart valuation zooms above $14 billion after stock pops 43% in debut

The IPO gave Instacart a valuation of nearly $9.9 billion, a fraction of the $39 billion it was worth in 2021, the company's last funding round

India names ex-govt official, former WhatsApp exec as new antitrust members

The new members appointed are Anil Agrawal, a former police official who recently worked at India's commerce ministry and worked on various startup initiatives

Oil imports fall for third month in row in Aug on lower Russian shipments

Crude imports fell 3.9% month-on-month to 18.73 million metric tons in August, Petroleum Planning and Analysis Cell (PPAC) data showed

Amazon plans to hire 250,000 US workers for holiday shopping season

Its boost in hiring comes after it added 50 new fulfillment centers, delivery stations and same-day delivery in the US

Newest laptop chips, software will handle GenAI chatbot, says Intel

ntel executives also expect to say that the company is on track to deliver a successor chip called "Arrow Lake" next year, and that Intel's manufacturing technology will rival the best

Global debt hit record $307 trn in Q2 despite rising interest rate

The financial services trade group said in a report that global debt in dollar terms had risen by $10 trillion in the first half of 2023 and by $100 trillion over the past decade

HSBC hires eight former Credit Suisse bankers to global equities unit

The appointments have been made to the bank's high touch and portfolio trading desks, across several locations including London, New York, Hong Kong and Mumbai

Benchmark 10-year yields approach August highs as oil prices gain

Oil prices increased on Tuesday for a fourth consecutive session, raising fears that higher commodity prices will keep price pressures elevated

Google in last ditch effort to overturn $2.6 billion EU antitrust fine

Google turned to the Court of Justice of the European Union (CJEU) after the General Court in 2021 threw out its challenge to the fine levied by EU antitrust chief Margrethe Vestager in 2017

Euro gains, yen struggles in central bank announcement-packed week

The excess cash dulls the impact of the ECB's rate hikes by reducing competition for deposits and results in hefty interest payments - and ensuing losses - by some central banks

Switzerland's gold exports up in August due to higher shipments to India

Switzerland is the world's biggest bullion refining and transit hub, while China and India are the largest consumer markets with local demand sensitive to high prices and time of the season

Volkswagen's battery unit PowerCo investor could be big client: CFO

The battery unit's first planned client is Ford, to whom it will deliver cells for vehicles the U.S. carmaker is building in Europe on Volkswagen's electric MEB platform

UBS names South Korea, India, others as 'slow' on Credit Suisse approval

The uncertainties could lead to winding down businesses and asset sales, when UBS faces "difficult jurisdictions or regulators", the Swiss bank said in the document

Trade talks between India, Canada have taken hit amid rise in tensions

On Tuesday, New Delhi dismissed the allegations as "absurd", and asked Canada instead to crack down on anti-India elements operating in its territory

Here's what is at stake as India's relations with Canada take a major hit

On Tuesday, New Delhi dismissed the allegations as "absurd", and asked Canada instead to crack down on anti-India elements operating in its territory

Competition Commission of India appoints three new members: Reports

The new members appointed are Anil Agrawal, a former police official who recently worked at India's commerce ministry and worked on various startup initiatives

Torrent in talks with Apollo to borrow up to $1 bn for Cipla bid: Reports

Torrent has also been in talks with CVC Capital Partners and Bain Capital who might become equity partners in a consortium and contribute as much as a combined $1.5 billion to the deal, sources said

UBS names S Korea, India, others as 'slow' to nod Credit Suisse deal

The uncertainties in securing regulatory nods could also lead to winding down businesses and asset sales, when UBS faces "difficult jurisdictions or regulators", the bank said in the document