Page 7 - Reuters%20/undefined

Nestle weighing all options after Kremlin moves to seize Russia business

The maker of Nescafe coffee and KitKat chocolates said it took note of the decision, announced in a presidential decree on Thursday, and was assessing the situation

Nexperia to partner with Tata on chip production, packaging in India

Nexperia will work with Tata Electronics on semiconductor production and packaging in India

Aramco to boost exports from Hormuz to 60 million bbl in Sept, Oct: Traders

Chinese ​and South Korean refiners are among the top buyers of the spot supplies, while some volumes will be ‌going to India and ​Japan

Apple Pay eyes India rollout, starting with Axis Bank credit cards

The launch, starting ‌with a single major banking partner, would help the US company offer its payment service in the world's most populous country

OpenAI launches legal AI platform, escalating race for law firm users

The launch of Astra for Law marks the latest push by the top AI ‌labs into the legal market, where ​technology companies are racing to ​capture business from law firms and legal departments

Disney names insider Adam Smith as chairman of streaming business

The ​company also ​named Joe Earley president of ​Disney Entertainment Television Franchise and Content Strategy, creating a new role focused on developing television franchises

Demand strong, fuel crisis far less severe than COVID: AirAsia's Fernandes

Fernandes said AirAsia had strong ​liquidity and was adept at managing cash, adding the current crisis was largely driven by geopolitical tensions and ​higher fuel prices

FAA waives emissions rules to let Boeing sell 35 additional 777F freighters

The waiver will allow Boeing to sell the planes for another three years after new emissions rules take ‌effect on January 1, 2028

Dr Reddy's signs India distribution deal for Takeda's Qdenga dengue vaccine

The deal comes months after India's drug regulator approved Qdenga for use in both children and adults, making it the first dengue vaccine cleared for the country

Moody's raises India FY27 GDP growth forecast to 7% on W Asia resilience

The agency said elevated energy prices and ‌El Niño-related food price pressures pose risks to inflation, consumption and growth

Asian stocks rise as oil prices fall, yen wobbles ahead of BOJ meet

Traders also took their cues from a rally on Wall Street overnight, led by beaten-down tech stocks

Oil falls 1%, remains above $100 on hopes of limited supply disruptions

Brent crude futures fell $1.01, or 1%, to $103.77 a barrel by 0020 GMT, while US West Texas ‌Intermediate futures fell $1.03, or 1%, to $100.88 a barrel

US Fed builds credibility, but hawkish turn leaves investors edgy

Higher rates stand to slow the economy, by raising borrowing costs for consumers and companies, and also could pose a headwind for the performance of stocks and other risk assets.

Canada and Europe should ally to protect markets, democracies: PM Carney

Carney did ‌not adopt the term "associate member" used a day earlier by von der Leyen, but ​said he appreciated "the ambition" that her suggestion conveyed.

Copper rallies as Chinese buyers return to market, demand outlook brightens

Copper gains as Chinese physical demand strengthens and a softer dollar makes dollar-priced metals cheaper

Energy disruption hits Bangladesh and Pakistan as Gulf crisis worsens

More than 2,000 km (1,200 miles) away on the other side of South Asia, in Pakistan, the government has started a fuel subsidy that went into effect on Wednesday to ease the sharp rise in fuel prices.

RBI may increase debt sales to drain surplus liquidity after 9 years

Indian bond traders expect the central bank to step up bond sales for liquidity absorption, as policymakers likely seek to strengthen transmission of expected rate hikes

Russia says new US sanctions would make Ukraine peace deal harder

Moscow called the sanctions package an "unfriendly" move after the US House passed legislation aimed at increasing economic pressure on Russia over its war in Ukraine

India's power sector coal imports hit 15-month high in Aug amid high demand

Power producers imported 5.52 million tonnes of coal during the month, up 85.6 per cent year-on-year, as heat-wave conditions and lower hydropower output lifted electricity demand

Advent to invest $328.5 million in Yatharth Hospital for 24.9% stake

After the investment, the founding ‌Tyagi family ​will remain ​Yatharth Hospital's largest shareholder