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Israeli tanks renew push towards biggest hospital still working in Gaza

People inside Khan Younis' Nasser Hospital, forced to house displaced Gazans as well as patients, reported hearing shellfire from tanks advancing into the west of the city

Business leaders leave Davos to game out 2024 geopolitical scenarios

Many CEOs and executives told Reuters they foresee an upbeat U.S. economy in 2024, but are concerned about China and Europe, and the impact of unexpected global shocks on inflation

HUL Q3 results: Profit up marginally at Rs 2,519 cr amid low rural demand

The company's quarterly sales of products slipped marginally to 14,928 crore rupees, with underlying sales growth in its home care business

Tata Steel to close UK blast furnaces; up to 2,800 jobs may be affected

Tata said it would offer a 130 million pound support package to help affected employees retrain and find new jobs

Regret Argentina's move not to join Brics, hope it reconsiders: Kremlin

Argentina's incoming Foreign Minister Diana Mondino said in November that his country would not join the Brics grouping of developing nations despite being invited to do so

Non-Aligned Movement leaders denounce Israel's military campaign in Gaza

Israel launched its offensive in Gaza after the Islamist militant group Hamas' Oct. 7 attack in which Israeli officials say more than 1,200 Israelis and foreigners were killed and 240 taken hostage

Reliance Industries Q3 results: Profit rises 9.3% to Rs 17,265 crore

The Mukesh Ambani-led conglomerate said its consolidated revenue from operations rose 3.6% to Rs 2.28 trillion

Citigroup lays off more bosses as CEO addresses managing directors: Report

The bank last week said it would cut 20,000 jobs over the next two years, after a fourth quarter marred by one-off charges that resulted in a $1.8 billion loss

Online furniture retailer Wayfair to cut 1,650 jobs to trim costs

The company has been taking cost-savings initiatives since August 2022, in a bid to operate more efficiently. Last year, it said it would cut 1,750 jobs, or about 10% of its workforce

Ashwini Vaishnaw sees case for duty cuts on mobile phone parts: Report

'We have to move from import substitution to export-led growth, that is the transition we need to make. That requires a totally different mindset and a totally different structure,' Vaishnaw said

Paytm's Q3 revenue rises 38% on strong payments business, loan growth

Operating profit, which the company defines as core profit before cost of employee stock-options, was at Rs 219 crore for the quarter ended Dec 31

Swiss group ABB's China operations under investigation by US Congress

The committees wanted to probe potential "cybersecurity risks, foreign intelligence threats, and supply chain vulnerabilities at seaports in the United States,'

SLB kicks off oilfield services earnings with fourth-quarter profit beat

The company, formerly called Schlumberger, reported net income, excluding charges and credits, of 86 cents per share, for the three months ended Dec 31

Reliance Jio Q3 results: Net profit rises 12.3% to Rs 5,208 crore

Revenue from operations climbed 10.3%, snapping five straight quarters of slowing growth

Biden administration taking heat from all sides over Louisiana LNG project

Bill McKibben, an environmentalist who led a successful fight against the now-cancelled Keystone XL oil pipeline, said any approval of CP2 by the Biden administration 'would be a huge miscalculation.'

Dairy firm Hatsun Agro's Q3 profit rises 24%, slowest in three quarters

The Chennai-based company's profit after tax rose 23.6% to 574 million rupees ($6.91 million) in the three months ended December 31, its slowest since the 2023 March quarter

UltraTech Cement's Q3 profit rises 68% on the back of price hikes, demand

Revenue from operations climbed about 8% to Rs 16,740 crore for three months ended Dec. 31, beating analysts' average estimate of Rs 16,619 crore, as per LSEG data.

Govt could ease China investment curbs if border stays calm: Report

In 2020, India tightened scrutiny on investments from companies based in countries it borders, adding a layer of vetting and security clearances

Meta ramps up AI efforts by building chip arsenal, consolidating teams

Mark Zuckerberg in a post on Instagram said that the company was currently training a third version of the Llama model

What does disruption to shipping in Red Sea mean for Europe's economy?

For the European economy, already skirting a mild recession as it tries to shake off high inflation, prolonged disruption would be a new risk to its outlook