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Disney, Reliance plan London meeting for India media merger talks: Report

Disney and Reliance have held talks to merge their India businesses by forming a joint venture company in which Ambani's media unit would hold a majority stake

Oil prices edge up 1% on bigger-than-expected US storage withdrawal

The U.S. Energy Information Administration (EIA) said energy firms pulled 4.3 million barrels of crude from stockpiles during the week ended December 8

Developing countries spent record $443.5 bn to service public debts in 2022

In its latest International Debt Report, the bank said the debt-service payments - including principal and interest - rose 5% to a record $443.5 billion from a year earlier

Russian-linked hackers claim cyberattack on mobile network, says Ukraine

Tuesday's attack on Kyivstar, which has 24.3 million mobile subscribers and more than 1.1 million home internet users, knocked out services, silenced air raid alert syst

Private equity firm Bain Capital sells $448 million stake in Axis Bank

Societe Generale, Goldman Sachs, UBS and Morgan Stanley were among the buyers of Axis Bank shares on Wednesday as Bain sold its stake, exchange data showed

BPCL plans to buy Venezuela oil; deal not to harm Russian imports: Official

"Our refineries are capable of processing Venezuelan oil and we have given our international trade (department) okay to buy it," Khanna said in an industry event

BBC to launch new firm for Indian language services in adherence with rules

The broadcaster is under scrutiny for alleged foreign exchange violations in India and an investigation was launched shortly after tax authorities searched BBC's offices in Delhi and Mumbai in Feb

Apple offers to let rivals access tap-and-go tech in antitrust case: Report

The European Commission is likely to seek feedback next month from rivals and customers before deciding whether to accept Apple's offer, the people said

Boeing within range of airplane delivery goal after strong November

Deliveries for last month were the highest since June and included 45 737 MAXs and one P-8 maritime patrol aircraft, Boeing said, confirming a Reuters report from last week

BBC staff to launch Indian language services company in line with FDI norms

The broadcaster is under scrutiny for alleged foreign exchange violations in India and an investigation was launched shortly after tax authorities searched BBC's offices in Delhi and Mumbai in Feb

Israel pounds Gaza as hunger spreads, disease risk grows: Report

Residents said the shelling of Rafah, where the Israeli army this month ordered people to head for their safety, was some of the heaviest in days

Adani Ports to raise $600 million through non-convertible debentures

The company, which operates 13 ports and terminals in the country including its largest container handling port

COP28 summit forced into overtime as fossil fuel talks divide nations

Al Suwaidi said the COP28 presidency aimed for a "historic" result that included mentioning fossil fuels - but that it was up to countries to agree

US CPI rises 3.1% in Nov, uptick not Fed incentive for early ease: Experts

The consumer price index edged up 0.1% last month after being unchanged in October, the Labor Department's Bureau of Labor Statistics said Tuesday

Rupee ends 1 paisa lower at 83.38 against dollar ahead of US CPI data

The rupee closed at 83.3875 against the U.S. dollar, barely changed from its close at 83.3925 in the previous session. The unit hovered between 83.36 and 83.39 on Tuesday

Oil rises after Iran-backed Houthi attack on ship, weak sentiment weighs

A cruise missile launched from Houthi-controlled Yemen struck a commercial chemical tanker, causing a fire and damage but no casualties in the latest such attack to heighten safety risks for tankers

EU leaders set for summit showdown over Ukraine's accession talks

Other EU states, including richest member Germany, have said they back starting negotiations with Kyiv on the long process of joining the bloc, but Budapest dug in its heels

As Xi visits Vietnam, China offers rail grants, pushes digital silk road

China is ready to offer grants to Vietnam to boost the railway between Kunming and the Vietnamese port city of Haiphong, and other transport links from southern China to Hanoi

Macy's gets $5.8 billion buyout offer from investor group, says report

Arkhouse, Brigade Capital submitted a proposal to acquire the firm's stock for $21 a share

Goldman Sachs lifts benchmark European share index's 12-month target to 500

Goldman's target is roughly 1% above the index's January 2022 high. The U.S. Federal Reserve began raising interest rates in March of the year