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Adani stock plunge can hurt group's ability to raise debt, says Moody

Credit ratings agency Moody's warned on Friday that the recent sell-off in Adani group's shares after a short-seller's report could reduce the Indian conglomerate's ability to raise capital

World food prices decline for tenth month running in January, says FAO

World food prices fell in January for a 10th consecutive month, and are now down some 18% from a record high hit last March following Russia's invasion of Ukraine, the United Nations food agency said

Dollar sustains momentum, rise slightly as traders await US jobs numbers

The dollar picked up against the euro, with the latter down 0.1% to $1.09 in early European trading

Exposure to Adani Group is limited, not re-evaluating stakes: TotalEnergies

Total has a 37.4% stake in Adani Total Gas (ATGL) and a 19.75% stake in Adani Green Energy (AGEL), according to its statement on Friday

Apple predicts drop in Q2 revenue, indicates iPhone production crisis over

Cook said the lockdowns in China created a dual challenge where both supply and demand were constrained, with greater China sales falling 7% to $23.9 billion

Rupee poised for muted opening on dollar recovery, equity outflows

The non-deliverable forwards indicated an opening of around 82.12-82.20 for the rupee versus the dollar compared with 82.1725 in the previous session

Ford Motor Co posts lower profit, issues downbeat outlook; shares drop

Ford Motor Co said quarterly profits fell and automaker predicted a difficult year ahead, sending its shares down after bell as investors were disappointed

US dollar climbs in early trade as central banks see inflation risks unwind

The pound slid 0.15% to a more than two-week low of $1.2206 in early Asia trade, after falling 1.2% in the previous session, its largest daily decline in a month

Qualcomm sees earnings below Street estimates as smartphone market sags

The stock, which initially rose 2.7% in after-hours trading, fell 3%

Bank of England raises borrowing costs to 4%, hints rates near peak

Previously the BoE had forecast 2023 inflation at around 5%

Meta beats Street, announces $40-bn buyback; to sack some mid-level staff

'Year of efficiency', says Zuckerberg; shares surge over 20%. The stock has added $237 bn in market value since its November low

'Higher for longer' interest rate approach needed to inflation down: IMF

Global central banks need to make clear to financial markets the probable need for interest rates to remain higher for longer in order to bring inflation sustainably back down, the IMF said

Q3 results: Titan posts surprise net profit fall, shares sink over 1%

The quarter witnessed a strong festive consumer demand, Titan Company Managing Director C K Venkataraman said

Central banks should stick to 'higher for longer' rate approach: IMF

The S&P has risen more than 7% this year and is up more than 15% from its low in mid-October

US layoffs hit two-year high in Jan as tech firms cut thousands of jobs

Retailers, second after tech, cut 13,000 positions in January, compared with virtually no layoffs a year earlier

Euro hits 10-month-high on dollar as central banks chart divergent courses

The euro sat at a 10-month high against the dollar on Thursday, ahead of a European Central Bank meeting

Oil prices steady as dollar slumps, Russian oil products ban looms

Oil prices were steady on Thursday after tumbling in the previous session as a weaker dollar boosted sentiment, though looming sanctions on Russian oil products added uncertainty over supply

Dabur India Q3 profit drops on dull rural demand; income dips to Rs 476 cr

In fact, the drop off in rural spending slowed the entire FMCG sector's growth in the last three months of 2022, compared with the previous quarter, market intelligence firm NielsenIQ said on Thursday

APL Apollo Tubes misses Q3 profit view on higher raw material costs

Apollo Z, the company's rust-proof structures segment and its second-biggest business, posted a 7% drop in sales volume

Bajaj Electricals Q3 profit rises 27%, amid high demand of consumer goods

India's Bajaj Electricals Ltd reported a near 27% surge in third-quarter profit on Thursday, aided by higher demand for consumer goods