Page 810 - Reuters

Musk fired Twitter execs in attempt to avoid payouts, layoffs planned: Rpts

Twitter's new owner Elon Musk fired top executives in an effort to avoid hefty severance payouts, while lining up other layoffs to avoid stock grants due on Nov. 1

China's Evergrande group starts delivering its first electric vehicles

China Evergrande New Energy Vehicle Group Ltd has started deliveries of its Hengchi 5 electric vehicle, with the first 100 customers getting their cars on Saturday

Oil futures ease about 1% as top crude importer China widens COVID curbs

Oil prices eased about 1% on Friday after top crude importer China widened its COVID-19 curbs, though the crude benchmarks were poised for a weekly gain on supply concerns

Buoyant Wall Street boosts world, European stocks; oil prices slide

World and European shares turned higher on Friday as Wall Street extended gains amid hopes of a slowdown in some central banks' rate hikes

Google plans legal challenge to block CCI's Android order: Report

The CCI-Android ruling, despite involving a smaller $162 million (Rs 1,334 crore) fine, has worried Google since it seeks wider ranging remedial measures

UK households choose toast over healthier diet as inflation bites

Prices for fresh vegetables rose about 14 per cent in September versus the same month last year earlier

Japan unveils $200 billion in new spending to ease inflation pain

Fiscal spending under the package will total 39 trillion yen ($260 billion), funded by an extra budget of 29.6 trillion yen ($201 billion)

Oil prices down as top crude importer China widens Covid-19 curbs

US West Texas Intermediate (WTI) crude futures were down $1.02, or 1.2 per cent, at $88.06

Building trust: LIC plans bonus shares to shore up faltering stock

Insurer also eyeing higher dividend to regain investor confidence

Expect Twitter to comply with local rules, says govt after Musk takeover

Elon Musk's takeover of Twitter will not change India's expectation that it will comply with the country's rules for such companies, a government minister told Reuters

India's Sept crude oil imports fall 6.7% to 16 mn tonnes; 5.8% YoY decline

Oil product imports came in lower for a second straight month, falling about 4% from a month earlier to 3.48 million tonnes in September, while exports dropped 4.8%

Eveready Industries' Q2 profit halves; revenue from operations up 5.3%

Eveready Industries India Ltd on Friday said September quarter profit more than halved, hit by a charge related to a loan repayment and higher input costs

Bond yields post first weekly drop in seven as US yields fall sharply

The benchmark Indian 10-year government bond yield ended at 7.4161% after closing at 7.4117% on Thursday

Gold prices retreat 1% on stronger dollar as US Fed meeting looms

Gold could see some correction due to an upside move in the dollar heading into the Fed meeting, expected to deliver a 75 basis point increase

OPEC expected to stick to view of long-term global oil demand rise

Another decade or more of oil demand growth would be a boost for producers and OPEC, whose 13 members depend on oil income, and would justify continued investment in new supplies

Musk takes control of Twitter, fires top execs, including Parag Agrawal

Elon Musk took control of Twitter on late Thursday (local time) and fired its top executives, including CEO Parag Agrawal

For Musk, overspending on Twitter deal was easy; now comes the hard part

Tesla Inc Chief Executive Elon Musk must prove why he believes that Twitter is worth 10 times that amount and turn around a social media platform that he has spent months ridiculing

World faces most dangerous decade since WWII: Russian President Putin

Ultimately, Putin said, the West would have to talk to Russia and other major powers about the future of the world.

Shell profit doubles to $9.5 billion, prompting windfall tax calls

The strong earnings were likely to intensify calls in Britain and the European Union to impose further windfall taxes on energy companies as governments struggle with soaring gas and power bills.

Elon Musk wants Twitter to be 'most respected advertising platform'

Musk, Twitter co-founder Jack Dorsey and investors in the deal had previously suggested moving away from advertising and seeking revenue