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Sunoco to buy NuStar Energy in $7.3 bn deal as it expands midstream biz

The equity portion of the deal comes up to $2.99 billion, and NuStar's shareholders stand to receive 0.400 of a Sunoco share for each NuStar unit they hold, valuing Sunoco's shares at $23.78

Colgate-Palmolive India Q3 profit jumps 35% to Rs 330 cr on lower expenses

Net profit rose to Rs 330 crore for the quarter ended Dec. 31 from Rs 243 crore rupees a year earlier

Coforge Q3 profit rises 4.3% on deal wins, maintains revenue forecast

Consolidated net profit rose to 2.38 billion rupees ($28.6 million) for the quarter ended Dec. 31 from 2.28 billion rupees a year earlier

Global watchdog to report in October on how social media fuels bank runs

A U.S. regulator last week called for new liquidity rules to cope with outflows over five days

S&P upgrades Adani Ports, Adani Electricity rating on cash flow optimism

For Adani Electricity, the agency expects its ability to generate operating cash flow compared to its debt to improve to above 10% in fiscal 2024 and 2025

4 survivors of Russian plane crash in Afghanistan in 'good health': Taliban

Video footage released by Mujahid's office showed the four men, some of whom had bruising visible on their faces and one with blood stains on his clothes, stepping off a helicopter with Taliban

Netanyahu to Gaza hostage families: Hamas has not made a solid deal offer

"I am saying this as clearly as I can because there are so many incorrect statements which are certainly agonising for you," Netanyahu added

Global currencies stabilise amid Central bank decision uncertainty

Japan's yen was one of the bigger movers, heading away from Friday's 148.80 per dollar, its weakest in a month, to as firm as 147.74, as the Bank of Japan started its two-day policy meeting

Instagram, Facebook users will get more choices to comply with DMA: Meta

The world's largest social network is the latest to make changes to comply with the DMA after Google outlined efforts to comply with new EU technology rules that could hurt revenues for some companies

Crude oil edges higher as geopolitics outweighs global demand concerns

The front-month U.S. West Texas Intermediate crude futures contract for February delivery was up 31 cents at $73.72 a barrel in tepid trade

Tesla price cuts, delivery plan, CEO pay in focus ahead of results

Falling prices of battery materials are expected to let Tesla show a slight rise in profit margin from the previous quarter

Countries risk missing May deadline for pandemic accord, says WHO chief

Only once before in the organisation's 75-year history has the WHO managed to agree such an accord, and that was a Tobacco Control treaty in 2003

Israel's plan to destroy Hamas not working, peace talks needed: EU officia

EU officials concede that Israeli officials and diplomats currently evince no interest in the so-called two-state solution but insist it is the only option for long-term peace

China, in comic strip, warns of 'overseas' threats to its rare earth

It also banned the export of technology to make rare earth magnets, in addition a ban on technology to extract and separate rare earths

Saudi fund PIF gives initial price guidance for three-part bond: Report

PIF is the chosen vehicle of Saudi Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler, to drive the country's ambitious plan to wean itself off oil as it diversifies Saudi economy

UK watchdog confirms scrapping of tougher company internal controls

The FRC has also just been given anew remit to consider Britain's global competitiveness when writing new rules

Economists increasingly sure US will avoid recession, shows survey

Also, inflation has been falling faster than expected, and the labor market is cooling but not collapsing

Against expectations, Japan's budget expected to remain in Red in FY25

Japan's primary budget has largely been in deficit in the postwar era with the exception of the asset bubble period between 1986 and 1991

Singapore's crypto firm Terraform files for bankruptcy protection in US

Singapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million

OpenAI bans developer for bot mimicking US lawmaker, says repor

'We recently removed a developer account that was knowingly violating our API usage policies which disallow political campaigning, or impersonating an individual without consent,' OpenAI said