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Indian banks eye record infra bond issue for second straight financial year

If successful, funds raised via these bonds in the first five months of the current fiscal year started in April will surpass the Rs 544 bn raised in FY 2023-24

Unilever to cut a third of office jobs in Europe by end of 2025: Report

The report added that the cuts were a part of the cost-savings programme announced in March, which included as many as 7,500 layoffs

Data from around 109 mn US customer accounts illegally downloaded: AT&T

The U.S. telecom company said the FBI is investigating and at least one person has been arrested after AT&T call logs were copied from its workspace on a third-party cloud platform

JPMorgan Chase profit jumps to $18.15 bn on higher investment banking fees

Investment banks have benefited from a resurgence in capital-raising activity both in debt and equities markets

Adani Ports aims to complete phase one of long-delayed port by year-end

Adani Ports, a part of billionaire Gautam Adani's ports-to-power conglomerate, aimed to start operations at the port in the state of Kerala in 2018 but faced delays due to land acquisition issues

Taiwan Prez Lai Ching thanks Micron CEO for his trust, investment in island

Lai thanked Mehrotra for showing trust and support for Taiwan in video released by the president's office

Imran Khan's PTI wins 20 extra reserved seats in Pakistan's parliament

Under Pakistan's election rules, parties are allocated 70 reserved seats - 60 for women, 10 for non-Muslims - in proportion to the number of seats they win

Modi govt departs from privatisation plans, might overhaul state-run firms

The aim is to raise $24 billion in the current April-March fiscal year and re-invest the funds in the companies

Yen choppy amid intervention concerns, Asian shares eye weekly gain

Moves in the yen against the dollar and other major currencies stole the spotlight on Friday

Israel-Gaza war should end now, Israel must not occupy Gaza: Prez Biden

Biden in late May detailed a proposal of three phases aimed at achieving a ceasefire

Nato summit showcases significant defence deals for RTX, Boeing, and others

Norway's Nammo and RTX's Raytheon business unit agreed to partner to build rocket motors

Global electric vehicle sales up 13% in June, decline 7% in Europe

China accounted for over 60 per cent of the total, as rising availability of electric vehicles and strong sales by BYD contributed to an increase

Joe Biden mistakenly refers to Zelenskyy as Putin before correcting himself

British Prime Minister Keir Starmer, in a press conference of his own, repeatedly avoided answering the question as to whether Biden was fit enough to run for the US presidency

China's exports exceed forecasts, declining imports point to more stimulus

The mixed trade data keeps alive calls for further government stimulus as the $18.6 trillion economy struggles to get back on its feet

Govt bond yields marginally down ahead of fresh supply via debt auction

The latest data has led to a repricing of interest rate cut expectations, with the probability of a 25-basis-point rate cut by the Federal Reserve in September

Joe Biden mixes up Harris, Trump names as calls to end his campaign grow

So far, 13 of the 213 Democrats in the House and one of the Senate's 51 Democrats have appealed publicly to the president to withdraw from the race

Deliveries of US F-35 jets to resume soon without complete software upgrade

The delays in delivery to the Pentagon were linked to the lingering issue on the TR-3 tech refresh

US June budget deficit shrinks to $66 billion after calendar shifts

The Treasury said that the $66 billion June deficit nominally fell 71 per cent from the $228 billion deficit recorded in June 2023

Ukraine urges Nato to allow usage of long-range missiles targeting Russia

Nato members issued a declaration in support of Ukraine at a summit in Washington on Wednesday, promising additional aid and pledging to back its "irreversible path" to Nato membership

Bain Capital to buy financial software vendor Envestnet in $4.5 bn deal

Bain Capital is offering $63.15 per share in cash