Page 533 - Reuters

Donald Trump wins South Carolina, beating Nikki Haley in her home state

Trump won with 59.8% support against 39.5% for Haley with 99% of the expected vote tallied, according to Edison Research

Go First gets 2 financial bids as part of its bankruptcy process: Bankers

The airline has also received a financial bid from Sharjah-based Sky One Airways which is lower than the competing bid, one of the bankers said, without disclosing the amount

US targets Russia with hundreds of curbs over Ukraine war, Navalny death

The United States and its allies have imposed sanctions on thousands of Russian targets in the past two years

India will not rush into signing free trade deals, says Piyush Goyal

The minister was responding to a question on India's trade negotiations with the UK and the European Union (EU) becoming more complicated

Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street

The milestone followed another bumper revenue forecast from the chip designer that drove up its market value by $277 billion on Thursday - Wall Street's largest one-day gain on record

ArcelorMittal's Bosnia steel plant reports nearly $88 million net loss

The results were hit by a 12% annual drop in demand, a 20% rise in electricity prices and 22% lower prices of the metal on the global market, the Bosnian business added

India's oil imports hit record high in Jan on Red Sea delays, shows data

India's oil imports hit 5.24 million barrels per day (bpd) in January, up 17% from December and 3.5% higher than in the corresponding month a year earlier, according to the data

Govt's stance on data transfers at WTO troubles chip industry giants

Developing nations like India, South Africa and Indonesia are set to oppose efforts by US and Europe to extend the moratorium. If no agreement is made, the moratorium would expire this year

China's 'dragon' baby boom may increase population in 2024: Report

Many young people, however, are opting to stay single or put off getting married due to poor job prospects, record youth unemployment and chronically low consumer confidence

StanChart lowers income target as China weighs, launches $1 bn buyback

StanChart also said it would aim to increase returns on tangible equity, a key profitability metric, "steadily" from the current 10% to 12% by 2026

Toyota extends shutdown of 2 plants after emission test irregularities

The production lines have been suspended since Jan. 29 after the discovery of irregularities in certification tests for diesel engines developed by affiliate Toyota Industries

BASF to slash another 1 bn euros in Germany, flags earnings rebound

CEO Martin Brudermueller, who will quit in April to become non-executive chairman of carmaker Mercedes-Benz, cited high competitiveness of the group outside of Germany under challenging conditions

Vietnam aims to produce 100,000-500,000 MT tons of hydrogen a year by 2030

The production, distribution and usage of hydrogen will help "meet the country's national targets for climate change, green growth and to meet its net zero target by 2050," the document said

Qantas A350 delivery delayed due to redesigning of extra fuel tank: Airbus

Airbus says regulator has asked for design changes

ADNOC's $30 bn chemicals deal with Austria's OMV stalls over disagreements

"We are in ongoing and open-ended negotiations and cannot comment further," OMV said in a statement

Post-pandemic recovery fuels robust attendance, hopes at Singapore Airshow

About 50,000 trade delegates attend Singapore Airshow, the most since 2018

Healthcare firm Abridge secures $150 mn to develop AI model for clinicians

Shiv Rao, CEO of Abridge and also a practicing cardiologist, said the company plans to use the fresh funding for hiring as well as acquiring and training purpose-built medical AI models

Saudi sovereign wealth fund pitches kingdom as AI hub outside of US

"AI will consume a lot of energy and we are the global leader when it comes to fossil fuel energy and when it comes to renewable energy," he said

Crude imports hit 21-month high in Jan on strong industrial activity

India's fuel consumption rose 8.2% year-on-year last month, government data showed earlier this month

Ukraine war: US to impose sanctions on over 500 targets in Russia action

The new penalties come as the US and its allies look to maintain pressure on Russia, despite doubts over whether the US Congress will approve additional security assistance for Kyiv