Page 259 - Reuters

Pivoting away from India, Nepal PM Oli visits China to seek investment

Oli's visit was his first to a foreign country since his July swearing-in, a break from the customary destination of New Delhi, with which Kathmandu has centuries-old ties

Novo Nordisk India execs urge early Wegovy launch as rival Eli Lilly looms

Novo and Lilly are both scaling up production as they vie for a dominant share of a weight-loss market that some analysts forecast could reach $150 billion a year in the next decade

LNG traders divert cargoes from Europe to Asia as eastern demand rises

Quick change in course reflects agility of trading firms in sending LNG supplies to Europe or Asia, whichever pays, as colder weather increases competition between the two regions for the fuel

Donald Trump reiterates opposition to Nippon Steel's takeover of US Steel

Japanese PM Shigeru Ishiba wrote to Biden, who has referred the deal to a government panel that reviews foreign investments for national security risks, asking him to approve the transaction

British firms downbeat about China business despite stimulus: Survey

Doing business in China had become tougher for five consecutive years and only 41 per cent of its members were expecting to have a better time next year, the survey said

Intel CEO Pat Gelsinger steps down in less than 4 yrs after taking helm

Gelsinger, who resigned on Dec. 1, left the company before the completion of an ambitious and costly four-year plan to restore the company's lead in making the fastest and smallest computer chips

Canada says Pacific trade pact open to new nations after Taiwan's complaint

Taiwan has few international trade agreements due to its diplomatic isolation because of pressure from China, which views the democratically governed island as its own territory

US retailers aim to cash in on Cyber Monday with high online discounts

The moves follow a mixed holiday season so far, with muted spending in stores on key shopping days such as Black Friday

Apple accused of silencing workers, illegally monitoring personal devices

Apple imposes confidentiality policies that prohibit employees from discussing working conditions, including with the media, and engaging in legally-protected whistleblowing, lawsuit alleges

Most airlines not switching quickly enough to sustainable jet fuel: Study

A lack of investment by major oil players, who have the capital to build SAF processing facilities, is hampering the market's growth, the study says

Asian stocks rise to record highs on Wall Street; euro, yuan slump behind

The dollar received some support overnight from better-than-expected U.S. manufacturing data, which also showed a mitigation in price increases

Iran-backed Iraqi militias enter Syria to help govt fighting rebels

At least 300 fighters, primarily from the Badr and Nujabaa groups, crossed late on Sunday using a dirt road to avoid the official border crossing

US manufacturing improves in Nov as orders rebound, input price gains slow

The Institute for Supply Management (ISM) said on Monday its manufacturing PMI increased to 48.4 last month from 46.5 in October, which was the lowest level since July 2023

Base year for GDP calculation to be changed to FY23: Govt tells Parliament

Government informed Parliament that an advisory committee on national accounts statistics has been formed to identify new data sources and advise on the methodology for the revised series

Fed's Jerome Powell may have made US monetary policy boring again

For all potential controversy around the Fed posed by Donald Trump's victory in the Nov. 5 election - hints, for example, that the U.S. president-elect might rekindle his first-term feud with Powell

Bangladesh halves power buying from Adani Power amid payment dispute

An Adani Power spokesperson said the firm was continuing supply to Bangladesh, although mounting dues were a significant concern, making plant operations unsustainable

Gold prices drop 1% after four sessions of gains as US dollar strengthens

The dollar index gained 0.5 per cent, on track for its best day in over a week, making greenback-priced bullion more expensive for holders of other currencies

RBI ballooning NDF position suggests more rupee losses, say bankers

The Reserve Bank of India's aggregate short foreign currency in forwards and futures position jumped three-fold to $49.2 billion from September to October, official data showed on Friday

No indication of B'desh reviewing power deal: Adani Power amid indictment

Reuters reported on Sunday that Bangladesh wants to sharply lower prices under the deal with Adani Group, unless it is cancelled by a court that has called for an investigation into the 25-year deal

Latest US crackdown on China's chips hits semiconductor toolmakers

Effort to hobble Beijing's chipmaking ambitions will also hit Chinese chip toolmakers Piotech and SiCarrier Technology with new export restrictions as part of the package