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North Korea scraps all economic cooperation with South Korea: Report

The project was suspended in 2008 after a South Korean tourist who strayed into a restricted zone was shot and killed by North Korean guards

Broadcaster Fox's revenue falls 20% on weak political ad spending

The company's advertising revenue fell to $2 billion in the second quarter ended Dec. 31, but came in slightly higher than analysts' estimates of $1.96 billion

New York Times quarterly revenue hit by weak advertisement spending

The publisher reported revenue of $676.2 million for the quarter, missing estimates of $679.24 million. Adjusted profit of 70 cents per share beat expectations

'Boeing to assess whether more action needed after NTSB findings'

A door plug that flew off an Alaska Airlines MAX 9 jet mid-flight on Jan. 5 appeared to be missing four key bolts, according to the NTSB's preliminary report released earlier on Tuesday

Boeing quality a concern, further delays possible, says Ryanair CEO

Ryanair, Europe's largest airline by passenger numbers and one of Boeing's main customers, has ordered over 350 MAX jets in recent years, but has no MAX 9 aircraft

Sebi proposes ways for deregistered offshore funds to dispose of securities

A discussion paper is the first step taken by the Securities and Exchange Board of India (SEBI) before it finally changes its rules for market entities

Vedanta weighs sale of minority stake holding in Zambian copper assets

Vedanta will remain the majority shareholder in the unit if a minority stake is sold, Griffith said in an interview on the sidelines of an African mining conference in Cape Town

Carlyle shares jump 10% after drop in Q4 earnings exceeds estimates

Carlyle said its net profit from asset sales fell nearly 44% to $257.7 million, as market volatility, high interest rates and geopolitical tensions weighed on its ability to cash out investments

Tata Consumer Q3 result: Profit rises 27% to Rs 513 crore on festive demand

The company reported a consolidated profit before exceptional items and tax of 5.13 billion rupees ($61.8 million) in the quarter ended Dec. 31, up 27% from the year-ago period

Apple building prototype of at least two foldable clamshell iPhones: Report

Apple recently approached at least one manufacturer in Asia for components related to two foldable iPhones of different sizes, the report said

Tesla asks managers which jobs are critical, stoking layoff fears: Report

Tesla sent out a single-line query for each job after canceling some employees' biannual performance reviews, some of the people familiar with the matter told Bloomberg

Alibaba boosts share buy back as revenues miss estimates for Dec qtr

Alibaba is under pressure as consumers in China, have been cutting spending, boosting rival lower-cost domestic e-commerce players such as PDD Holdings

Payments from crypto ransom attacks doubled to record $1 bn in 2023

Scammers targeting institutions such as hospitals, schools and government offices for ransom pocketed $1.1 billion last year, compared with $567 million in 2022

US trade deficit shrinks 18.7% in 2023, slightly widens in December

Economists expected trade, which added to gross domestic product growth last year, to remain supportive to the economy in 2024, though Red Sea shipping disruptions posed risk

ISPRL signs deal with Hindustan Petroleum to lease 300,000 MT space

State-run ISPRL has been selling from the caverns to local refiners after a change in the government rules in 2021

Apollo Tyres Q3 results: Profit surges 70% to Rs 736 crore, revenue up 2.7%

Consolidated pre-tax profit before exceptional items was Rs 736 crore (around $89 mn) in the quarter ended Dec 31, compared with Rs 424 crore a year earlier

Oil prices rise on lower-than-expected surge in US crude stockpiles

Brent crude futures rose 56 cents to $79.15 a barrel as of 1159 GMT, while U.S. West Texas Intermediate crude climbed 59 cents to $73.90

Sobha Q3 results: Profit declines more than 50% to Rs 15.08 crore

Consolidated net profit for the Bengaluru-based company was Rs 15.08 crore ($1.8 million) in the quarter ended Dec 31, compared with Rs 31.81 crore a year earlier

India plans to protest EU's proposed carbon tax at WTO meeting: Report

New Delhi has also opposed EU regulations banning the import of products based on deforestation in the country of origin, likely to hit billions of dollars worth of exports from India

Govt bond yields settle lower ahead of RBI's policy outcome

The overall market sentiment has remained positive after the government said it aims to reduce the fiscal deficit and lower its gross borrowing by a wide margin next financial year