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Currency market calm before Powell's speech, bitcoin rally resumes

The absence of major catalysts kept the dollar under pressure, having slipped on Tuesday after data showed U.S. services industry growth slowed last month

Former US ambassador Nikki Haley ends presidential campaign: Report

Haley's decision to suspend her campaign comes a day after Super Tuesday, when Trump beat her soundly in 14 of the 15 Republican nominating contests

Annual GDP growth for current FY could be very close to 8%: RBI chief Das

Das said rural demand had been improving and was much stronger than a year ago, while urban demand continued to be very strong

'Mahindra Finance aims to nearly double non-vehicle loan book in FY25'

Currently, non-vehicle finance comprises 5%-6% of the company's loan book. The target will be met in phases and may not exceed 10% in 2024-25, Iyer said

China's exports likely slowed in Jan-Feb period as factories struggle

The head of the state economic planner said on Wednesday that China's exports for January-February rose by 10%, but did not state whether that was in yuan or dollar terms

Hamas vows to press on with Gaza ceasefire talks as situation worsens

US President Joe Biden said on Tuesday it was in the hands of Hamas whether to accept a deal on the table for a ceasefire in exchange for the release of Israeli hostages

Morgan Stanley cuts 9% of China fund unit staff amid market rout: Report

This would be the first time Morgan Stanley has cut staff at the China fund unit since it bought out its local partner's 36% stake in the loss-making business for about $54 million in 2023

With growing economy, Siemens has high hopes from Indian biz, says exec

Rebellius, head of Siemens' Smart Infrastructure business, said India was a priority for future investments as it upgrades its electric grid and invests in renewable energy

RBI directs credit card issuers to give users choice of other networks

RBI on Wednesday said issuers of credit cards shall not enter into any arrangement or agreement with card networks that restrain customers from availing the services of other networks

Elon Musk's X wins lawsuit against music publishers over copyright

Sony Music, Universal Music and other members of the National Music Publishers' Association trade group had sued X last June, seeking more than $250 million of damages

Ceasefire deal is in Hamas' hands as Ramadan nears, says Prez Biden

He said any exchange of prisoners cannot take place except after a ceasefire, reflecting Hamas' view that a ceasefire must, above all, be a step towards a settlement of the conflict

SpaceX faces hearing on engineers fired after criticising Musk over sexism

Starbucks, Amazon.com and Trader Joe's, all of which are facing nationwide union organizing campaigns, have raised similar arguments in pending board cases

General Motors, Magna, Wipro team up for automotive software marketplace

The joint venture, SDVerse, will link the buyers and sellers through a digital platform, where the software's features and attributes can be listed

Lawmakers seek to force ByteDance to divest TikTok or face ban in US

"Applications like TikTok that are controlled by foreign adversaries pose an unacceptable risk to U.S. national security," the lawmakers said in a fact sheet

Google rolls out changes for users, developers as EU digital rules loom

Changes to search results mean large intermediaries and aggregators will get more traffic while hotels, airlines, merchants and restaurants will get less, Google said in a blogpost

Russia mulls putting nuclear power plant on moon with China: Report

Borisov, a former deputy defence minister, said that Russia and China had been jointly working on a lunar programme and that Moscow was able to contribute with its expertise on "nuclear space energy"

Airbus presents 'totally unacceptable' offer to A220 workers: Union memo

Airbus is holding talks with the estimated 1,300 workers in Canada's province of Quebec at a time when the European planemaker is trying to control costs on its loss-making A220 jet

Facebook, Instagram down for thousands of users across globe: Reports

The disruptions started around 10:00 am ET, with more than 300,000 reports of outages for Facebook and about 40,000 reports for Instagram, according to the website

US vows to keep Boeing under microscope after audit: Secy Buttigieg

The FAA also said Monday it found "non-compliance issues in Boeing's manufacturing process control, parts handling and storage, and product control."

HPCL to start Rajasthan refinery by end-December using mostly Mideast oil

The state-run company expects the refinery to reach full capacity in about a year's time, Bharatan told Reuters in an interview