Page 251 - Reuters

Bank of England set to stay in central bank slow lane, keep rates on hold

BoE has cut Bank Rate only twice from a 16-year peak, helping to make sterling the only currency from the Group of 10 leading economies that has not fallen against the US dollar in 2024

MobiKwik's $67 mn IPO fully sold in first hour as retail investors rush in

Retail investors placed bids for nearly five times the shares reserved for them, while the portion for non-institutional investors was fully sold

TikTok's Canada unit seeks judicial review of govt's shutdown orders

Chinese-owned social media app requested the court set aside a government order requiring TikTok to wind-up its business in Canada, a filing dated Dec 5 showed

China says it takes 'necessary steps' to defend sovereignty over Taiwan

A senior Taiwanese official said they believed the surge in activity was meant to send a political message to the incoming administration of US President-elect Donald Trump

German Chancellor Scholz to submit Parl request to hold confidence vote

Scholz has agreed with the opposition to hold the vote on Feb 23, setting Germany up for a short and wintry election campaign

Industrial facility, cars damaged in attack on Russia's Taganrog: Official

Slyusar said 14 cars had caught fire, but he did not disclose details on what else was hit or how big the attack was

Refugees return to Syria as rebels appoint caretaker prime minister

In a brief address on state television on Tuesday, Mohammed al-Bashir, a figure little known across most of Syria, said he would lead the interim authority until March 1

Myanmar's economy likely to shrink as floods compound crisis: World Bank

In June, the bank had projected Myanmar's economy would grow 1 per cent during the current fiscal year, which ends in March 2025, but warned of increasing poverty and escalating violence

Rupee likely to maintain downward drift, RBI counted on to cap losses

The one-month non-deliverable forward indicated that the rupee may open near 84.88

Donald Trump picks CIA veteran Ron Johnson as US ambassador to Mexico

Ronald Johnson served as the ambassador to El Salvador from 2019 to 2021

Google's biggest bet is AI for search, says investment chief Ruth Porat

Applying artificial intelligence to the search business that made Google a household name remains the largest gambit for the company, CIO Ruth Porat said

Review of Nippon partnership ongoing as US Steel shares tumble, says US

statement comes after shares of US Steel tumbled more than 10 per cent on Tuesday afternoon following a Bloomberg report suggesting the deal would be killed in short order

BlackRock sees investor shift from cash after even 'modest' rate cuts

Expectations earlier this year that the US central bank would cut interest rates aggressively after hiking them to fight inflation have moderated in recent months

Ghost guns: All about weapon found with UnitedHealth CEO's murder suspect

Ghost guns have no serial numbers. Owners of such guns, by making them themselves, can bypass background checks and regulations

EY worker's death highlights risks for unprotected white-collar workers

India's decades-old labour laws are largely focused on blue-collar workers, leaving others vulnerable to workplace abuse

OpenAI CFO Friar says she trusts Elon Musk to prioritise national interest

Account creation has been suspended, and Friar didn't offer a specific timeline for when it would resume

Japanese takeover could spell long-term decline of US Steel: Union chief

The Detroit-based car company said it would no longer fund work on self-driving robotaxis

In first contact, US officials urge Syrian rebels to support inclusive govt

US has sent messages to the group to help guide early efforts to establish a formal governing structure for the country

Lawsuit in US accuses food companies of marketing 'addictive' food to kids

Lawsuit was filed in Philadelphia Court by Bryce Martinez who alleges he developed type 2 diabetes and non-alcoholic fatty liver disease, diagnosed at age 16, by consuming the firms' products

Russia transported Assad in most secured way, says Russian Deputy FM

The Kremlin said on Monday that President Vladimir Putin had made the decision to grant asylum in Russia to Assad