Page 289 - Reuters

Russia oil intake share declines to 34% in September quarter, says BPCL

BPCL mainly processes Russian oil at its 156,000-bpd Bina refinery in central India and the 310,000-bpd Kochi refinery in southern Kerala state

Govt report maintains economic growth forecast but flags global risks

"Risks to growth arise from escalating geopolitical conflicts, deepening geoeconomic fragmentation and elevated valuations in financial markets in some advanced economies," the report said

Bharti Airtel Q2FY25 results: Net profit jumps 168% to Rs 3,593 cr

India's No.2 wireless carrier's consolidated net profit jumped 168 per cent to Rs 3,593 crore ($427.49 million) in the July-September quarter

Arvind Retailers Q2FY25 results: Pre-tax profit rises 19% to Rs 135 crore

The advanced materials segment (AMD), through which Arvind makes fabrics and protective gear for construction work, grew 9 per cent

PetroChina set to shut top north China's largest domestic refinery in 2025

Dalian represents 3 per cent of China's refinery capacity and shutting the site should cut into the country's world-leading crude imports

US, EU call for probe after reports of Georgia election violations

On Sunday, US Secretary of State Antony Blinken said the United States joined calls from observers for a full probe

Ruling LDP loses lower house majority exacerbating challenges for new PM

Support from smaller parties, such as the Democratic Party for the People (DPP) or the Japan Innovation Party (JIP), who won 28 and 38 seats respectively, could now be key for the LDP

Philips cuts annual sales outlook as China demand deteriorates further

Adjusted earnings before interest, taxes and amortisation (EBITA) were exactly in line with expectations at 516 million euros, up 13 per cent year-on-year, as lower costs pushed the profit margin up

Indonesia's Prez wants key buildings in new capital ready in 4 years

Raja Juli, however, said further there should be no questions of Prabowo's commitment to continue his predecessor's legacy project, as he has already guaranteed he would complete it

Olympus CEO resigns after allegations of illegal drug purchase, shares fall

Olympus' 6 per cent tumble put the company's shares on track for their biggest one-day fall in nearly three months

Asset managers roll out new ETFs to tap in to artificial intelligence buzz

Venture capital firms also are directing as much as $79.2 billion in funding to AI startups by the end of the year, 27 per cent above 2023 levels

Global economy chiefs fret over Trump's return as US election nears

Financial markets are seeing a return of "Trump trades" in assets from stocks to bitcoin to the Mexican peso that bet in favor of a Trump victory as his poll numbers have improved

Rupee holds steady as exporters delay dollar hedging amid volatility

Most exporters reckon that the risks that rupee will depreciate from here are much higher than it will appreciate, a forex salesperson at a mid-sized private

Ukrainian drones target ethanol plants in Russia's Voronezh region

The Russian defence ministry said only one Ukrainian drone was destroyed over the Voronezh region

Swiss firms set sights on India as $100 bn pact shows more opportunities

Under the deal, EFTA, whose other members are Norway, Iceland and Liechtenstein, will invest $100 billion in India and will benefit from easier and cheaper access to the Indian market of 1.4 bn people

China launches new lending tool to inject liquidity, support credit flow

In a separate statement announcing the new facility, the PBOC said it would use it to trade with primary dealers in OMO on a monthly basis

LGES offers measured 2025 outlook after slow EV demand drags down Q3 profit

LGES said it would have booked an 18 billion won operating loss in the quarter without a tax credit received under the US

'Ukraine plus Northern Europe' co-operation format gaining speed: Zelenskyy

Sweden and Finland joined the alliance earlier this year, with Stockholm saying that Russia is the main international security threat to Sweden

UK PM asks for judgement on tackling 'unprecedented' challenges in budget

Starmer, whose Labour Party won a landslide election victory in July, has said generating growth is his number one priority, but he said that the situation was different to previous scenarios

Yen dips as Japan's election outcome casts doubt on BOJ's rate hike plans

On the dollar, the yen hit its weakest since late July at 153.3 in early-morning trade