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Reliance-Disney merger draws Nita Ambani back to business spotlight

Her decision to take the role is a strong signal "that this (media) business is close to the family's heart," said a person familiar with Disney-Reliance deal talks

India's economic growth probably slipped below 7% in Oct-Dec quarter

"Some moderation is expected in October-December GDP growth, with softer growth in manufacturing sector," said Gaura Sen Gupta, an economist at IDFC First Bank

China broadens legislature on state security to include 'work secrets'

China's top legislative body passed the revised Law on Guarding State Secrets on Tuesday, Xinhua state news agency reported. It will take effect from May 1

'New US sanctions more likely to curb Indian imports of Russian coal'

The latest US sanctions also include Russia's payment system, financial institutions and energy production

Cognizant asks India employees to work from office for three days in a week

Around 254,000 of Cognizant's 347,700 employees are based in India, making it the firm's largest employee base, according to its annual report

China's Premier Li Qiang urges stronger economic, trade ties with US

"Strengthening economic and trade cooperation is a win-win situation for both countries," Li told the delegation led by Chamber of Commerce chief Suzanne Clark

Boeing must develop plan to tackle quality issues in 90 days: FAA

Whitaker said Boeing's plan must incorporate forthcoming results of the FAA production-line audit and findings from an expert review panel report released earlier this week

India, South Africa block investment agreement at WTO's Abu Dhabi meet

"It's hard to tell if we are going to land something or if we are sleepwalking into failure," said one trade delegate

Google hit with $2.3 bn lawsuit by 32 media groups including Axel Springer

Google last year said it disagreed with EU antitrust charges against its ad tech business where it is involved in both the buy-side as well as the sell-side of the supply chain

Still facing strong headwinds, 2024 sales flat to lower, says Novavax

The company posted a larger-than-expected fourth-quarter loss as revenue lagged analysts' estimates, sending its shares down 26.3% to $4.44 in early trading

Reliance, Disney sign $8.5 bn deal to form JV, to merge media ops in India

Reliance, led by Asia's richest man Mukesh Ambani, will inject $1.4 billion in the merged entity, with the company and its affiliates holding a more than 63% stake

G20 finance chiefs' meet: Brazil warns of global economic challenges

He also said the G20 finance leaders are discussing financing for Ukraine to raise pressure on Russia, adding that funds could be mobilized for Kyiv by using proceeds from frozen Russian assets

Limit flows into midcap, smallcap mutual funds: AMFI asks asset managers

AMFI made the request in a letter dated February 27, which has not been previously disclosed. It came following a communication from India's market regulator

RBI releases draft disclosure framework for banks to address climate risks

The RBI has previously acknowledged climate change as a source of financial risk. In July 2022, it released a discussion paper exploring strategies to address climate change-related financial risks

Investigate Putin's money flows in West: Navalny's wife to EU lawmakers

Navalnaya was speaking to the European Parliament in Strasbourg, 12 days after her husband died suddenly in a Russian penal colony at the age of 47

Uday Shankar to be VC of merged Reliance-Disney media business: Report

Reliance and Disney are expected to make a formal announcement on Wednesday after signing a binding pact. Shankar is set to take a stake of around 9% in the new merged entity

Crude oil falls 1% as Fed caution, stocks build offset Opec+ expectations

Brent crude futures fell 90 cents, or 1.08%, to $82.75 a barrel by 0902 GMT. U.S. West Texas Intermediate futures (WTI) were down 92 cents, or 1.17%, at $77.95

Reckitt's quarterly sales down after investigation into West Asia business

Some investors criticised the company's "vague" outlook for this year, as Reckitt shares slumped to their lowest point since March 2020, early in the COVID-19 pandemic

Toyota gives no answer to union demands at second round of wage talks

Toyota has not decided yet when it will respond to the union's wage rise request, Takanori Azuma, the automaker's chief human resources officer, said on Wednesday

ISO raises forecast for size of global sugar deficit for current season

A Reuters poll of analysts and traders this month gave a median forecast of a small surplus of 500,000 tons in the 2023/24 season