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BNP Paribas net income falls 50%, misses earnings forecast in Q4

BNP's group sales in the fourth quarter were up 0.1% to 10.9 billion euros, below the 11.4 billion-euro average analyst estimate

Google signs its largest offshore power agreement with Dutch wind projects

Google, however, is seeking to match each hour of electricity used with an hour of clean power production, something proponents of the method say better reflects companies' actual energy use

FM unveils interim budget, says economy going through profound change

Modi is leading the election race by a distance because of his personal popularity and the government is under little pressure to announce populist schemes, analysts say

Tesla to take shareholder vote on shifting incorporation to Texas: Musk

Tesla Inc will move immediately to hold a shareholder vote to transfer the electronic vehicle (EV) maker's state of incorporation to Texas from Delaware, Musk said

Reliance, Bodhi Tree discuss 60% stake in Disney India merger talks: Rpts

Under the deal, Viacom18, the broadcast division of Ambani's Reliance Industries will merge with Disney India businesses

16K sheep, cattle stuck on board export ship after Red Sea turn-back

The animals have been on the vessel since January 5 Government and industry officials say they are in good health but animal welfare advocates have branded their plight torture

Paytm expects up to $60 million hit from RBI action on its payments bank

Paytm will take steps immediately to comply with the RBI's directions, the fintech company said in a statement on Thursday. As a result, it expects a worst-case impact of Rs 300 crore ($36.12 million)

Govt likely to lay out modest economic manifesto in pre-election budget

She is expected to highlight the Modi government's 10-year economic performance, but will hold back on expensive schemes to lower the fiscal deficit.

China's factory activity expands on export order boost, shows survey

The export index may have been affected by the Lunar New Year which will fall on Feb. 10 this year, as factories and workers geared up for the pre-holiday shipment of goods

US strikes around 10 unmanned drones in Yemen on verge of launch: Official

The Houthis, earlier on Wednesday, said their naval forces carried out an operation targeting an "American merchant ship" in the Gulf of Aden hours after firing missiles at US Navy destroyer Gravely

India's aviation sector needs to clarify insolvency laws, says ACG

India amended its insolvency laws last October to exclude leased aircraft from assets that can be frozen in a bid to address discrepancies between local and global rules

Dollar hovers near seven-week high as Fed cut expectations shift to May

The dollar has been buoyed by U.S. economic data suggesting the Fed can wait longer before cutting interest rates

Qualcomm Q2 profit forecast beats estimates amid AI push, shares gyrate

For Qualcomm, "5 per cent revenue growth and 24 per cent earnings growth is very constructive in a skeptical earnings season environment," said Thomas J. Hayes of Great Hill Capital

Mastercard profit beats Wall Street estimates on healthy spending trends

The report capped a robust year for the company as hopes of a "soft landing" for the economy and bets of interest rate cuts by the U.S. Federal Reserve encouraged big-ticket purchases and more travel

China unveils property support measures amid Evergrande fallout concerns

The latest measures add to a string of policies deployed by the world's second-largest economy over the past year to help revive the property sector, which accounts for a quarter of China's GDP

Meta CEO Zuckerberg apologises to parents at US Senate social media hearing

Under prodding from Republican Senator Josh Hawley, Zuckerberg stood up and addressed families who held up pictures of their children who they said had been harmed by social media

President Biden's job approval ratings drops to 38% as border worries rise

The economy remained Americans' overall top concern, cited by 22% of poll respondents, as they have struggled with inflation and other aftershocks of the COVID-19 pandemic

Gaza's economy post war could take decades to recover, says UN trade body

The United Nations Conference on Trade and Development said the conflict had precipitated a 24% contraction in Gaza's GDP (gross domestic product) and a 26.1% drop in GDP per capita for all of 2023

Novavax announces fresh round of layoffs, plans to reduce 12% of workforce

Novavax said the decision is part of its intention to bring down expenses below $750 million this year, which it had disclosed during its third-quarter earnings call in November

Meta, TikTok, X CEOs face questions on child safety at US Senate hearing

Senator Amy Klobuchar on Wednesday questioned what she said was inaction in the tech industry, comparing it to the response shown when a panel blew out of a Boeing plane earlier this month