Page 296 - Reuters

Logitech raises full-year outlook as sales and profits exceed expectations

The company, whose other products also include mobile speakers and webcams, said revenue grew 6 per cent to $1.12 billion, beating the forecast of $1.10 billion

US election, UK budget, global tensions lower global vacancies: Survey

Companies in Singapore, the United States, Britain, Australia, and Germany reported the biggest falls in vacancies, with firms citing low business confidence as a key factor

Britain to contribute $2.9 billion to G7 loan for Ukraine's weapon purchase

The European Union, where the bulk of the Russian assets are blocked, has already agreed to provide 35 billion euros ($38 billion) as part of the bloc's share

Harris, Trump intensify campaigns with two weeks remaining to election day

As the election draws closer, Harris has been sharpening her attacks on Trump's fitness for office, often calling him "unstable" or "unhinged" and questioning his temperament

IBM releases new AI models for businesses as genAI competition heats up

The new Granite models were trained using AI chip leader Nvidia's H100 graphics processor units (GPUs), said Dario Gil, IBM's director of research

Antony Blinken to make another push to defuse conflicts in West Asia

Blinken will discuss with regional leaders the importance of ending the war in Gaza, ways to chart a post-conflict plan for the Palestinian enclave

Microsoft to let clients build AI agents for routine tasks from Nov

Other big technology companies such as Salesforce have also touted the potential of such agents

NITI Aayog calls for power plants to pause installing sulphur reducing gear

NITI Aayog recommended the federal environment and power ministries to direct coal-based power plants to stop placing fresh orders for the de-sulphurisation gear, the document showed

Buyers hope no disruption in Canadian lentil, potash supplies, say experts

Ties between India & Canada deteriorated sharply after New Delhi and Ottawa ordered 6 diplomats to leave in tit-for-tat moves over Ottawa's allegations that New Delhi was targeting Indian dissidents

EU set to choose company for critical minerals joint buying platform

EU's rationale for pooling together buying orders is that it would hand participants more leverage to achieve more favourable deals and prices for critical minerals essential for the green transition

India to launch coal exchange soon: Coal minister G Kishan Reddy

"Last week we took a briefing on setting up coal exchange," Minister added but didn't disclose the exact timing on when the exchange will come up

Bajaj Housing Finance Q2 results: Profit up 21% on steady home loan demand

The company, a unit of non-bank lender Bajaj Finance , reported its first quarterly earnings since its $782 million initial public offering in September that gathered strong investor interest

India exploring ways to import Mongolian coking coal via Russia: Report

Mills in India, the world's second-biggest producer of crude steel, grappled with volatile Australian supplies of coking coal last year, and the government sent delegations to Mongolia

RBI sold $6.49 billion in spot forex market in August, shows bulletin

The RBI said it purchased $16.14 billion and sold $22.64 billion in the spot forex market in August

Fidelity International to slash around five hundred jobs in China: Report

Fidelity International's "centre of excellence" in Dalian supports a wide range of technology, operations and investment needs, according to the company

Sovereign bond yields end higher as sentiment cautious after RBI comments

The benchmark 10-year bond yield ended at 6.8293% on Monday, compared with its previous close of 6.8193%

Boeing's new proposal may lead to $1 bn in wage-related costs over 4 years

About 33,000 workers will vote on the contract proposal after a more than month-long work stoppage, which has halted production of models including its best-selling 737 MAX narrowbody jets

Norwegian bank DNB to buy Sweden's Carnegie from Altor for $1.14 bn

DNB said in a statement it expected to finalise the all-cash acquisition, which is subject to official approvals, in the first half of 2025

Rupee slips to record closing low on outflows, avoids sharper losses

The dollar index has risen nearly 3% in October, boosted by expectations of shallower rate cuts by the Federal Reserve

Prosus targets $400 mn e-commerce profit in 2025, more IPOs in India

Prosus, majority-owned by South Africa's Naspers, is a major shareholder in Indian food delivery firm Swiggy, which is preparing for what could be one of India's biggest IPOs this year