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US to impose 'major sanctions' on Russia over Navalny death: Report

The prison service said at the time that Navalny fell unconscious after a walk and died. US President Joe Biden has blamed Russian President Vladimir Putin

Microsoft develops AI server gear to lessen reliance on Nvidia: Report

The new network card is similar to Nvidia's ConnectX-7 card, which the chip developer sells alongside its graphic processor units (GPUs), the report added

More than half of world's countries will be at high measles risk: WHO

Death rates are higher in poorer countries due to weaker health systems, Crowcroft said, adding that outbreaks and deaths were also a risk for middle and high income countries

Flipkart looking to buy Reliance-backed on-demand delivery co Dunzo: Report

The retail arm of Reliance Industries, which picked up a 26% stake in Dunzo in 2022 for $200 million, has not approved the deal yet, the report added

RIL, Tata Power among firms in fray for $26-billion nuclear investment

This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India's total electricity generation

Canada's rate of inflation slows, boosts bets on early interest rate cut

The January inflation figure "will certainly raise the odds on an April rate cut," said Karl Schamotta, chief market strategist at Corpay

Walmart to acquire Vizio for $2.3 bn, sales outlook, dividend lift shares

The retailer reported a 3.9 per cent rise in comparable sales, excluding fuel, for the quarter ended Jan 31

Cryptoverse: Breezy bitcoin reclaims $1 trillion crown, up 22% this year

Its resurgence has electrified the broader cryptocurrency market, including ether and other digital coins, which has now exceeded $2 trillion, as per data from CoinGecko

'Capital One-Discover deal could hurt Visa, Mastercard dominance'

The all-stock deal would give Capital One access to Discover's network of payments processing and settlement services, potentially allowing it to cut its reliance on Visa and Mastercard

Briefly suspended Yulia Navalnaya's social media account due to error: X

"Our platform's defence mechanism against manipulation and spam mistakenly flagged @yulia_navalnaya as violating our rules," X said in a statement

Whirlpool sells 24% stake in India unit for $468 mn, now holds 51%

Whirlpool conducted the sale through its subsidiary in Mauritius, reducing its stake in the entity from 75% to 51%

Rate cut bets not unreasonable but economy is picking up: BoE's Bailey

"The market is essentially embodying in the curve that we will reduce interest rates during the course of this year," Bailey told lawmakers on the Treasury Select Committee

RBI net bought $2.07 billion in spot foreign exchange market in December

The RBI said it purchased $31.73 billion and sold $29.66 billion in the spot market. In November, it had sold a net $1.93 billion

Barclays focuses on Britain; cost cuts, buybacks to win over investors

The bank's first strategy update in almost a decade marks an inflection point for Venkat as he tries to improve returns after a period of management turmoil and underwhelming results

Crude oil hovers near 3-week high on tensions in West Asia, China demand

There was no settlement for WTI on Monday due to a U.S. public holiday

Goldman Sachs pushes BoE interest rate-cut forecast to June from May

Despite data showing signs of cooling in inflation, the central bank remains cautious in its approach due to persistent wage increases and a tight labor market

JSW Steel in talks with Australia's Whitehaven for coal mine stake

The miner acquired the Blackwater and Daunia mines from BHP Group in a $4.1 billion deal last October, and expects the acquisition to complete in early April

FinMin to meet fintech startups next week amid Paytm Payments Bank row

The meetings come in the wake of the Paytm Payments Bank crisis triggered by the Reserve Bank of India ordering the banking unit of digital payments firm Paytm to wind down operations

China cuts reference rate more than expected to revive property market

The five-year loan prime rate (LPR) was lowered by 25 basis points to 3.95 per cent from 4.20 per cent previously, while the one-year LPR was left unchanged at 3.45 per cent

US proposes UN resolution supporting temporary ceasefire in Gaza: Report

Washington traditionally shields its ally Israel from UN