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Toyota Motor hikes annual profit forecast after Q3 beats expectations

TOKYO (Reuters) -Toyota Motor raised its full-year operating profit forecast by nearly 9% on Tuesday, after higher sales volumes and a weaker yen boosted its third-quarter results

Paytm CEO Vijay Shekhar, officials meet RBI to discuss regulatory concerns

Paytm has also been seeking clarity from the RBI regarding transfer of license for the wallets business and digital highway toll payment service Fastag, the source said

China's Huawei prioritises AI chips, slows down Mate 60 phone production

Mate 60 handsets have been consistently out of stock, with would-be buyers complaining online of month-long waiting times for pre-orders to be fulfilled

NTPC plans to take green energy arm public in FY24-25, says official

The state utility also plans to add 4 to 5 gigawatts (GW) of renewable power and 3 GW of coal-fired power capacity during the same period, said the executive

Petronet to sign LNG deal with Qatar for supplies past 2028: Report

India wants to raise the share of natural gas in its energy mix to 15 per cent by 2030, up from 6.2 per cent currently, as part of an effort to cut emissions

Search engine Yandex owner to exit Russia in $5.2 bn deal: Report

Yandex has always sought to portray itself as free from Kremlin influence, a task that has become more challenging as the company has become such a strategic national asset

Blinken meets Saudi crown prince amid heightened West Asia tensions

Blinken is also set to visit Egypt, Qatar and Israel this week and push to advance the Egyptian- and Qatari-mediated conversations with Hamas to achieve a hostage deal

US allies 'reassured' Biden LNG pause does not affect current exports

The U.S. is the world's top LNG exporter and Pyatt said the shipments will roughly double by the end of the decade as already approved projects ramp up

J&J's immune disorder drug succeeds in mid and late-stage studies

The drug, nipocalimab, significantly reduced symptoms of generalized myasthenia gravis (gMG) in a late-stage study, and in a mid-stage study helped reduce Sjogren's disease severity, J&J said

Citi sees opportunity in US bank stocks to 'play offense' after turmoil

In CRE, the exposure to office loans has been the primary concern for investors, but such loans only make up for 1% to 4% of the total for banks under Citi's coverage, Citi said

UniCredit 2023 results: Profit at 8.6 billion euros, stock up 10%

Shares in Italy's second-biggest bank jumped 10% to a nine-year high after the results and as it also upgraded its outlook for a year in which interest rates are expected to start declining

Tyson Foods posts better-than-expected Q1 results, beef biz swings to loss

Shares of the Springdale, Arkansas-based company rose about 3% in premarket trade at $58

Nvidia eyes fresh record as Goldman Sachs bullish on AI prospects

The stock rose 3.4% to $683.80 in premarket trading and looked set to add about $55 billion to the company's market capitalization. It was valued at $1.63 trillion as of Friday's close

Global chip sales forecast to jump 13% after rocky 2023: Industry group

The Semiconductor Industry Association (SIA) forecast a 13.1% jump in global chip sales to $595.3 billion, compared with a drop of about 8% in sales in 2023

Tata Chemicals Q3 results: Profit drops 60% to Rs 158 cr on weak demand

Soda ash, the company's largest business, suffered last year as falling caustic soda prices made it more appealing than soda ash for the silicate market, prompting it to cut prices to stay competitive

Vanguard cuts valuation of Ola Cabs by about 30% at about $1.88 billion

Ola Cabs was co-founded by Bhavish Aggarwal in 2010 and found immediate backing from marquee investors such as Softbank and Tiger Global, besides Vanguard

ED probing Paytm, its bank unit over currency transactions: Report

The sources did not indicate what specific provisions of the Foreign Exchange Management Act (FEMA), which covers individual

Nerolac Q3 results: Profit rises over 40% to Rs 154 crore, revenue up 5%

The company, owned by Japan's Kansai Paint Co, said consolidated net profit rose 40% year-over-year to 1.54 billion rupees ($18.5 million) in the third quarter

Vodafone in 'active discussions' about Italy deal as German recovery slows

The British group rejected a merger offer from rival Iliad in Italy last month in favour of pursuing other options

Dollar hits two-month high as traders regain bets for aggressive rate cuts

The Fed repricing has followed Friday's blockbuster U.S. jobs report that far exceeded market expectations and sent U.S. bond yields soaring, boosting the country's currency