Page 554 - Reuters

TikTok owner ByteDance in talks with Tencent, others to sell gaming assets

Talks are ongoing but no deal has been reached, a ByteDance spokesperson told Reuters

Govt eyes doubling cash handout for women farmers ahead of Lok Sabha polls

The plan is likely to be announced in the budget on Feb. 1 and could cost the government an additional Rs 12,000 crore, said two of sources, all of whom declined to be named discussing budget proposal

Indian Oil, Bharat Petroleum set to ask for extra Saudi oil after price cut

Indian Oil Corp, the country's top refiner, and Bharat Petroleum Corp, are looking at lifting an additional 1 million barrels of oil each from Saudi Aramco in February, the sources said

US small business sentiment up; labour, inflation worries persist

A net negative 25% of businesses reported improved profits in December, a 7 point increase from the month prior, with labor costs continuing to weigh on earnings, the report said

Retail inflation likely picked up to 5.87% in December on rising food costs

Food prices, which account for about half of the inflation basket, rose in November and remained elevated last month, largely led by vegetable prices and household staples

Indian firms took on larger forex risk in 2023 counting on RBI support

"For us, the drop (in forward hedging) has been bigger, more in the vicinity of 20% to 25%," a senior FX salesperson at a private bank said

Dip in US inflation expectations keeps Dollar steady, bitcoin holds gains

A reading on U.S. inflation is due later in the week, which will likely provide further clarity on how much room the Fed has to ease rates this year

Indian coffee exports could surge 10%, thanks to global price rally

Coffee exports in 2024 could jump to 298,000 metric tons from last year's 271,420 tons, said a Bengaluru-based dealer with a global trade house

Maldives president courts investors in China as ties with India sag

Muizzu said his government was keen to explore partnerships under Belt and Road, including the expansion of the country's central airport and commercial port

Loan claims under guarantee scheme face audit by govt agency: Bandhan Bank

The bank clarified in an exchange filing that the regulator has not initiated a broader audit

Adani Ports' first bond issue in over 2 yrs lapped up, more coming: Bankers

The fundraising follows the Supreme Court's decision that the group is not required to undergo additional investigations beyond the market regulator's current scrutiny

US investigators retrieve 737 MAX jet panel, Boeing shares sinks pre-market

A door plug tore off on Friday following takeoff from Portland, Oregon, en route to Ontario, California, depressurizing the plane and forcing pilots to turn back

Western allies seek rapid end to war in Gaza, Blinken holds talks

Israel kills Hezbollah commander in Beirut

China blue-chip index stocks hit 5-year lows on Taiwan, US tensions

The CSI300 Index ended down 1.3%, its lowest closing level since February 2019. The Shanghai Composite Index declined 1.4% to end at its lowest since April, 2022

Netflix beats shareholder lawsuit over account-sharing disclosures

U.S. District Judge Jon Tigar ruled on Friday that the lawsuit included no evidence that the company was aware of the extent of the problem for as long as the investors alleged

Apple disputes EU tech rules labelling its 5 App Stores as one service

The company also disputed the characterisation of its operating system iOS as an important gateway for business users to reach end users and the interoperability obligation that goes with that label

Indian bonds may be included in Bloomberg EM index from September

The proposal comes just a few months after JPMorgan said it would include India in its widely tracked emerging market debt index from June

Nvidia expands reach in China's EV sector despite tighter US export rules

Chinese automakers Li Auto, Great Wall Motor , Zeekr and the new EV unit of Chinese telecommunications company Xiaomi will use Nvidia's DRIVE technology to power automated driving

US Supreme Court rejects X Corp's surveillance disclosure challenge

The revised policy, announced in 2014, allowed companies to disclose in broad ranges rather than in exact figures how often they received of national security-related demands for information

Global electric vehicle market growth to slow this year on lower subsidies

The figure follows an estimated growth of 29% in 2023 at 13.7 million units, when government incentives helped the adoption of EVs, Canalys said in its report