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Saudi Arabia's Aramco hikes dividend 30% to $98 bn despite drop in profit

The profit, down from $161.1 billion in 2022, was still the company's second-highest on record, Aramco said on Sunday as it reported total dividends for the year of $97.8 billion, up 30%

President Biden raises $10 mn in 1 day after his State of the Union speech

The fundraising haul is notable given the Biden campaign and his Democratic Party allies raised over $42 million in the entire month of January

Here are key details of India's pact with four-nation European trade bloc

India and the members of the European Free Trade Association (EFTA) held 21 rounds of talks over 16 years to clinch the broad-based Trade and Investment Agreement

US, French military shoot down Houthi drones after attack on warships

The Houthis have been attacking ships in the Red Sea since November in what they say is a campaign of solidarity with Palestinians during the war in Gaza

X's long-form videos will soon be available on smart TVs: Elon Musk

"Coming soon," Musk said in a brief response on X to a user's posting that the platform's long-form videos could be watched directly on smart TVs

Tesla's German gigafactory to restart next week, says works council head

German police said they believed a letter from a far-left organisation called the Volcano Group claiming responsibility for the fire was authentic

China's consumer prices up first time in 6 months on Lunar New Year gains

The consumer price index (CPI) climbed 0.7% year-on-year in February, data from the National Bureau of Statistics (NBS) showed on Saturday

Fitch upgrades Turkey's sovereign rating to B+ on tighter monetary policies

"Upgrade reflects increased confidence in the durability and effectiveness of policies implemented since the pivot in June 2023," Fitch said

China says it will improve real estate sales in 'forceful', 'orderly' way

Some developers should be allowed to go bankrupt or restructured according to legal and market-based rules, Ni said told press conference on sidelines of the annual meeting of parliament in Beijing

China vows to 'safeguard' national security with new laws at conclave

China last month broadened its state secrets law to include 'work secrets' in the scope of restricted sensitive information, and enacted a controversial counter-espionage law last year

Gold at new high, set for best week in 5 months; crude oil steadies

Oil prices steadied on Friday as investors digested fresh US employment data, in the quest for clues as to whether interest rate cuts may occur in the US and Europe in the first half of this year

PM Modi pledges $15 bn spending splurge as Lok Sabha elections near

Modi's spending projects come days before the election announcement, after which he will not be not be allowed to try to pull in voters with big schemes

Sebi, RBI widen investigation into public debt issue subscriptions: Report

Investigators are also studying if disproportionate loans were given to subscribes and whether customer identification processes were not adequately followed, the sources added

Bank of Japan leaning toward exiting negative rates in March: Report

Upon ending negative rates, the central bank is also likely to overhaul its massive stimulus programme that consists of a bond yield control and purchases of riskier assets, they said

Nissan may bring ultra-compact EV production in-house from 2028: Report

Nissan and Mitsubishi denied the plan

India busts trafficking racket duping people into fighting for Russia

The traffickers, operating across several Indian states, targeted people using social media platforms and through local agents, the CBI said in a statement

South Korea regulator likely to sanction Meta over online marketplace

The Korea Fair Trade Commission (FTC) had investigated possible violations of the country's e-commerce law and had sent an examination report to Meta late last year, reports say

Hong Kong publishes new national security law bill, raising rights concerns

The bill includes sentences of up to life imprisonment for treason, 20 years for espionage and 10 years for offences linked to state secrets and sedition

After Tesla, Polestar quits Australia auto lobby amid emissions issue

VW, which remains in the lobby group, was concerned about the exit of Tesla and Polestar and was discussing the situation, the spokesperson added, without giving specifics

Biden slams Trump over Russia, democracy in fiery 'State of Union' address

Opinion polls show Biden, 81, and Trump, 77, closely matched in the race. Most American voters are unenthusiastic about the rematch after Biden defeated Trump four years ago