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JP Morgan raises odds of US recession by year end to 35% from 25%: Report

Fears of a U.S. recession following a weaker-than-expected July jobs report and an unwinding of yen-funded carry trades sparked a sharp sell-off in global equities earlier this week

Yen slides against dollar after US jobless claims fall more than expected

The yen's slide follows a sharp drop the day before in a volatile week in which investors have had to digest the unwinding of popular carry trades and how Japanese monetary policy might evolve

Container Corporation of India Q1 results: Net profit rises 5% to Rs 258 cr

Consolidated net profit rose to Rs 258 crore ($30.7 million) for the quarter ended June 30, from Rs 246 crore a year ago

Restaurant Brands International beats revenue estimates on resilient demand

The turnaround plan for Burger King, first announced in 2022, involved an initial investment of $400 million to remodel stores and upgrade equipment to improve customer experience and attract younger

Bangladesh Nobel laureate Muhammad Yunus takes charge of caretaker govt

Yunus, 84, was recommended for the role by student protesters and returned to Dhaka earlier on Thursday from Paris, where he was undergoing medical treatment

SAIL Q1 results: Net profit falls 61% to Rs 81.78 cr on frail demand

The state-owned firm's consolidated net profit fell more than 61 per cent to Rs 81.78 crore (around $10 million) for the quarter ended June 30

Oil India Q1 results: PAT declines 9% to Rs 1,467 cr on higher expenses

Its profit fell 9 per cent year-on-year to Rs 1,467 crore (about $175 million) in the three months ended June 30, falling behind analysts' predicted profit of Rs 1,687 crore, per LSEG data

Sobha Ltd Q1 results: Net profit sinks 50% to Rs 6.06 cr on lower sales

The April-June period saw delays in approvals for real estate projects amidst general elections in the country, resulting in fewer launches and a slowdown in sales

Eicher Motors Q1 results: Profit rises 20% to Rs 1,101 cr on strong sales

Eicher clocked record-high sales in the previous two fiscal years due to strong demand from urban consumers, its key demographic

Page Industries Q1 results: Net profit rises to Rs 165 cr on strong demand

The apparel maker reported a profit of Rs 165 crore(nearly $20 million) for the quarter ended June 30, compared with Rs 158 crore a year ago

Radico Khaitan expects 20% growth as Indians splurge on expensive liquor

Radico Khaitan reported 14.3 per cent sales volume growth for the June quarter on Wednesday in its high-end category, which makes up roughly half its revenue

FPI buying in Indian IT rises to highest since 2022 in July: NSDL data

Prior to this, the IT sector was divided into software, services and hardware technology

Elon Musk stirs UK divisions, urges faster rollout of online safety laws

An Online Safety Bill was passed into law in October but has yet to be implemented

Russia-China first bilateral barter trade anticipated to come this autumn

Barter trading would allow Moscow and Beijing to circumvent payment issues, reduce the visibility Western regulators have over their bilateral transactions, and limit currency risk

S Korea unveils housing supply measures in an attempt to curb price rises

The government plans to loosen regulations on reconstruction projects and simplify the process, to release "green belt" areas near Seoul for new projects, and raise the limit on loan guarantees

South Korea to require EV makers to disclose battery brands after fire

Automakers in South Korea currently need to disclose certain information about vehicles, including size and fuel efficiency

MG Motor plans to build manufacturing plant, R&D centre in Mexico

It did not mention the United States, but added that sister brand IM, a luxury electric-vehicle line, also plans to enter the Mexican market

South Carolina prepares for deluge as Tropical Storm Debby makes landfall

At least six people have died in Florida and Georgia in the wake of the storm

India's July inflation 'dipped' below RBI target, high base effect at play

Rising food costs, especially for vegetables, and hikes in telecom tariffs last month were offset by a higher base from July last year

Bangladesh awaits installation of interim govt after weeks of strife

Yunus and the Bangladesh Nationalist Party (BNP), Hasina's main political opponent, called for calm and an end to violence