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OpenAI and chat app Kakao to jointly develop AI products for South Korea

OpenAI CEO Altman also said many Korean companies will be important contributors to the ecosystem of the US Stargate data centre project

Panasonic raises battery unit's outlook, pursues group management reform

The company will also seek to improve group profitability by more than 300 billion yen ($1.93 billion) and achieve a return on equity of over 10 per cent by the fiscal year ending March 2029

Spotify forecasts Q1 profit above estimates on steady user growth

Spotify expects operating income of 548 million euros ($566.19 million) in the current quarter, above analysts' average estimate of 450.6 million euros

Whirlpool of India Q3 results: Net profit jumps 51% to Rs 43.96 cr

The Indian unit of US-listed Whirlpool, which is cutting its stake by more than half to 20 per cent, said profit jumped to Rs 43.96 crore ($5 million) in the quarter from Rs 28 crore a year earlier

Pfizer beats profit estimates on heart disease drug, Covid vaccine sales

Pfizer is facing investor pressure to show that its recent acquisitions and investments can bring in returns

Titan Q3FY25 results: Net profit falls to Rs 1,047 crore, sales up 26%

The company reported a profit of Rs 1,047 crore ($120.23 million) in the quarter ended Dec. 31, compared to Rs 1,053 crore a year ago

JK Tyre Q3 results: Profit dips 77% to Rs 51.52 crore on weak demand

Its revenue dropped marginally to Rs 3,674 crore

StanChart appoints former South African bank CEO Ramos as new chair

Ramos, 65, joined StanChart's board as an independent non-executive director in January 2021 and was the head of South African bank ABSA Group Ltd from 2009 to 2019

PepsiCo forecasts weak annual profit as soda, snacks demand slows

Shares of the company fell 2% in premarket trading

Dollar holds ground as tariffs on China kick in but Euro, Yuan, AUD slide

Canadian dollar, Mexican peso down after Monday rebound

KKR raises offer price for Fuji Soft by 4% as Bain enters bidding race

KKR raised its offer price to 9,850 yen ($63.44) per share from 9,451 yen per share, above Bain's most recent offer of 9,600 yen per share in December

UK grocery inflation slows to 3.3% in January, sales rise 4.3%: Kantar

Supermarkets stepped up promotions in January, Tesco gains most market share in 12 weeks to Jan 26

Thermax Q3 results: Net profit falls 51% to Rs 116 cr, expenses up 8%

Revenue from its industrial products segment rose 5.6 per cent, while that from its division which sets up bio-CNG and power plants, rose 3 per cent

UBS beats profit forecast but shares fall as buyback plan fails to impress

Net profit of $770 million beats forecast of $483 million

Kajaria Ceramics Q3FY25 results: Net profit falls 25% to Rs 77.74 crore

The company's consolidated net profit dropped more than 25 per cent to Rs 77.74 crore (nearly $9 million) in the quarter, falling short of analysts' average estimate of Rs 106 crore

Tata Power Q3 results: Net profit rises 8.2% to Rs 1,031 cr, revenue up 5%

Revenue from operations rose 5.1% to Rs 15,391 crore

Rupee ends at 87.067 against dollar, US-China trade tensions in focus

The rupee ended at 87.0675 against the US dollar, against a record closing low of 87.1850 in the previous session, when it also fell to an all-time low of 87.28

Gold steady after record rally, investors cautious over Trump's tariffs

China imposed tariffs on US imports in a swift response to new US duties, escalating the trade war between the world's top two economies even as Trump offered reprieves to Mexico and Canada

RBI seen cutting rates for first time since May 2020, suggests poll

Over 70 per cent of respondents, 45 of 62, in a Jan. 22-30 Reuters poll forecast the RBI would cut its key repo rate by 25 basis points to 6.25 per cet at the conclusion of its Feb. 5-7 meeting

Mexico's Prez Sheinbaum wins early praise for handling Trump on tariffs

Some politicians and analysts commended Sheinbaum's measured public tone and apparent ability to blunt Trump's charge after she reached an agreement with the US president to pause tariffs for a month