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Credit Suisse expects pre-tax loss of up to 1.5 billion Sfr in Q4

The profit warning is a blow for the bank which had previously said it expected to make a net loss during the last three months of the year but did not give a figure

Gautam Adani's mega port hangs in balance as fishing community protests

For Adani, the world's third-richest person according to Forbes, it's a high-stakes impasse with no apparent easy solution

Dollar steady as investors weigh their risk appetite ahead of Fed minutes

The Fed on Wednesday will release the minutes from its most recent meeting

Asia share markets gain despite Chinese Covid case numbers rising

Asian share markets were mostly in positive territory on Wednesday despite rising Covid cases in China

Gold prices flat as market awaits Fed minutes for rate-hike path

Spot gold was flat at $1,739.90 per ounce by 0121 GMT

China set to fine Ant Group over $1 bn, signalling revamp nears end

A fine on Ant could help pave the way for the company to secure a long-awaited financial holding company license, seek growth again, and eventually revive its plans for a public market debut

'Boomerang CEOs' don't always work out; Disney hopes to buck trend

The stock performance of companies led by CEOs who returned for another stint in their former position - so-called boomerang CEOs - was 10.1 per cent lower during their tenures

Credit Suisse lays off one-third of China-based investment bankers

Credit Suisse has laid off about one-third of its China-based investment banking team and nearly half of its research department

India may boost rural spending by 50% next year to spur jobs, housing

India may increase rural spending by nearly 50% to 2 trillion rupees ($24.51 billion) next fiscal year, as the country seeks to boost jobs

Don't like Musk? Work for us: Tech firms woo ex-Twitter employees

Put off by Elon Musk's muscular management style? Move to us! That's the pitch being used by talent-starved technology firms trying to lure thousands of former Twitter Inc employees laid off

UK watchdog to investigate Apple, Google mobile browser dominance

Britain's competition watchdog on Tuesday launched an in-depth investigation into the dominance of the mobile browsers of Apple and Google

US Dollar steadies as China tightens Covid-19 curbs, bitcoin under pressure

The euro was up 0.14% to $1.0258 after an 0.8 %loss on Monday, sterling rose 0.19% to $1.1838, partially reversing its 0.6% fall, and the dollar was at 141.86 yen down 0.18% after a 1.2% gain

Global shares shake off China Covid-19 curbs, but investors stay cautious

The dollar pulled back from strong overnight gains while oil took a pause from Monday's retreat

Oil prices rise as Saudi comments outweigh recession, China Covid concerns

Brent crude rose 37 cents, or 0.4%, to $87.82 by 0915 GMT. U.S. West Texas Intermediate (WTI) crude was up 46 cents, or 0.6%, at $80.50

Indian govt to give additional funds for rural schemes to ease pain: Report

The additional funds will be used to bulk up job and affordable housing schemes in the fiscal year ending March 2023

Dollar retreats after overnight rally as China's Covid fears mount

China's capital warned on Monday that it was facing its most severe test of the COVID-19 pandemic, with a surge in COVID cases sparking fresh restriction measures

'Boomerang CEOs' don't always work out; Disney hopes Iger bucks trend

During Bob Iger's first tenure from 2005 to 2020, Disney's annualised shareholder returns were more than 14%, well above its rival Comcast Corp and the broader stock market

Oil prices rise after Saudi Arabia denies report of OPEC+ supply increase

Brent crude futures rose 17 cents, or 0.2%, to $87.62 by 0007 GMT. U.S. West Texas Intermediate (WTI) crude futures for January began trading Tuesday, rising 7 cents, or 0.1%, to $80.11 a barrel

China's great reopening may come too late for many businesses: Analysis

China's economy is expected to grow around 3% this year, missing its target of about 5.5%

Govt proposes guidelines to combat fake online reviews and ratings

Some companies have been criticised by consumers and industry experts for downplaying negative reviews, or accepting fake ratings, making the vetting process difficult for buyers