Page 171 - Reuters

Carlyle-backed IT exporter Hexaware valued at $5 bn on market debut day

Institutional investors bid for nine times the shares on offer, while retail investors bid for only a tenth of the portion reserved for them amid market volatility and investor caution over IT sector

Dollar steady, yen strengthens as traders mull Ukraine peace talks

Trump's administration said on Tuesday it had agreed to hold more talks with Russia on ending the war in Ukraine after an initial meeting that excluded Kyiv

UK inflation unexpectedly jumps to 3%, reaching a 10-month high in Jan

Services inflation - a key gauge of price pressures for the central bank - stood at 5.0 per cent in January compared with 4.4 per cent in December, the ONS said

Don't see Ukraine ceasefire boosting Russia's output, says Goldman Sachs

US President Donald Trump's administration said it had agreed to hold more talks with Russia on ending the war in Ukraine

China's new home prices stagnate in January on declining property demand

Analysts expect the stabilisation of China's property market, which has experienced a significant slump since 2021, will be a protracted process due to high housing inventory

Brazil's former President Jair Bolsonaro charged in alleged coup plot

Prosecutor General Paulo Gonet charged Bolsonaro and his running mate, General Walter Braga Netto, with leading a "criminal organization" that aimed to overthrow Brazil's 40-year-old democracy

Toronto plane crash: Investigators recover black boxes for further analysis

Delta said earlier that 19 of 21 passengers transported to local hospitals after the plane crash had been released

Ex-OpenAI tech chief launches AI startup, hires staff from ChatGPT maker

Roughly two-thirds of the company comprises former OpenAI employees' including Barret Zoph, a prominent researcher who left the ChatGPT maker on the same day as Murati in late September

Trump says he may meet Putin this month, dismisses Ukraine's concerns

He brushed aside Ukraine's concern about being left out of the meeting, saying Kyiv could have made a deal with Russia three years ago to avert the invasion by Moscow

Trump, Musk target tax enforcers, scientists, bank regulators for job cuts

White House has not said how many people it plans to fire and has given no numbers on the mass layoffs

Citi raises CEO Jane Fraser's 2024 compensation 33% to $34.5 million

The compensation includes $1.5 million of base salary, $4.95 million in cash incentive and the rest in deferred incentives, the bank said

Chevron to cut 20% staff in long-awaited layoffs, CEO takes responsibility

Chevron's plan to cut as much as a fifth of its workforce - about 8,000 people - comes after oil prices traded in the $70-80 per barrel range for most of the past year

Asian stocks stutter after Trump vows tariff on auto, drugs, chips

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.29 per cent after touching a three-month high earlier in the session

US SEC requests help from Indian authorities in Adani fraud probe

Last year, federal prosecutors in Brooklyn unsealed an indictment accusing Adani of bribing Indian officials to convince them to buy electricity produced by Adani Green Energy

World Bank to decentralize operations, shift regional VPs to overseas hubs

Members of the bank's executive board were broadly supportive when briefed about the plan in recent weeks, two sources familiar with the plans said

'Israel to begin negotiations on second phase of Gaza ceasefire deal'

Negotiations for the second phase of the deal were supposed to be under way before the first phase ends on March 2, but Qatar said the talks have not officially started yet.

Temasek-backed Licious plans IPO in 2026, targets $2 billion valuation

Licious founders Abhay Hanjura and Vivek Gupta said in a statement that they are on their journey to being an IPO-ready company

Uber adopts 'zero-commission model' for autorickshaw drivers in India

Uber said it will now only connect users with nearby drivers and will suggest a fare but the final amount would be decided by the driver and the rider

Chinese lithium firm halts sorbent exports as Beijing tightens tech control

Jiangsu Jiuwu Hi-Tech told customers last month it would stop exporting a piece of filtration equipment known as a sorbent from February 1

US becomes India's 5th largest crude oil supplier in Jan as imports surge

Widened sanctions on Moscow by Western countries including the United States have roiled global oil trade and forced buyers of discounted Russian crude to find new ways to maintain their purchases