Page 186 - Reuters

Finance ministry asks employees to avoid AI tools like ChatGPT, DeepSeek

Countries like Australia and Italy have placed similar restrictions on the use of DeepSeek, citing data security risks

Trump admin cancels study on impact of trade on under-served communities

Since taking office on Jan. 20, US President Donald Trump has ended all federal work on diversity, equity and inclusion programs with a series of executive orders and memorandums

Unions sue to block federal worker buyout plan as 20,000 line up to quit

The American Federation of Government Employees and two other unions claim the buyout offer is arbitrary and capricious and violates federal law

Donald Trump in no hurry to talk to Xi Jinping amid new tariff war

China imposed targeted tariffs on US imports on Tuesday and put several companies, including Google, on notice for possible sanctions, in a measured response to Trump's tariffs

US job openings post biggest drop in 14 months, falls to 7.6 mn in December

Job openings, a measure of labor demand, decreased 556,000 to 7.6 million on the last day of December, the Labor Department's Bureau of Labor Statistics said

Trump likely to restore his 'maximum economic pressure' campaign on Iran

Trump's directive orders the US Treasury secretary to impose "maximum economic pressure" on Iran, including sanctions and enforcement mechanisms on those violating existing sanctions

BASF India Q3 results: PAT falls 26.1% to Rs 104 cr on higher input costs

The profit fell to Rs 104 crore ($11.95 million) for the three months ended Dec. 31, 2024, from Rs 140 crore a year earlier

Gold hits record high as investors flock to safe-haven amid tariff war

China imposed tariffs on US imports, swiftly responding to new US duties, escalating the trade war between the world's top two economies even as Trump offered reprieves to Mexico and Canada

Tata Power wants to build small nuclear reactors as govt opens sector: CEO

Tata Power, which reported its third quarter earnings earlier in the day, posted profit below analysts' estimates as softer demand weighed

PC Jeweller Q3 results: Net profit at Rs 148 cr on strong festive demand

The company posted a consolidated net profit of Rs 148 crore in the quarter ending Dec. 31, compared with a loss of Rs 198 crore a year earlier and a profit of Rs 179 crore in previous quarter

Panasonic raises battery unit's outlook, pursues group management reform

The company will also seek to improve group profitability by more than 300 billion yen ($1.93 billion) and achieve a return on equity of over 10 per cent by the fiscal year ending March 2029

Spotify forecasts Q1 profit above estimates on steady user growth

Spotify expects operating income of 548 million euros ($566.19 million) in the current quarter, above analysts' average estimate of 450.6 million euros

Whirlpool of India Q3 results: Net profit jumps 51% to Rs 43.96 cr

The Indian unit of US-listed Whirlpool, which is cutting its stake by more than half to 20 per cent, said profit jumped to Rs 43.96 crore ($5 million) in the quarter from Rs 28 crore a year earlier

Pfizer beats profit estimates on heart disease drug, Covid vaccine sales

Pfizer is facing investor pressure to show that its recent acquisitions and investments can bring in returns

Titan Q3FY25 results: Net profit falls to Rs 1,047 crore, sales up 26%

The company reported a profit of Rs 1,047 crore ($120.23 million) in the quarter ended Dec. 31, compared to Rs 1,053 crore a year ago

JK Tyre Q3 results: Profit dips 77% to Rs 51.52 crore on weak demand

Its revenue dropped marginally to Rs 3,674 crore

StanChart appoints former South African bank CEO Ramos as new chair

Ramos, 65, joined StanChart's board as an independent non-executive director in January 2021 and was the head of South African bank ABSA Group Ltd from 2009 to 2019

PepsiCo forecasts weak annual profit as soda, snacks demand slows

Shares of the company fell 2% in premarket trading

Dollar holds ground as tariffs on China kick in but Euro, Yuan, AUD slide

Canadian dollar, Mexican peso down after Monday rebound

KKR raises offer price for Fuji Soft by 4% as Bain enters bidding race

KKR raised its offer price to 9,850 yen ($63.44) per share from 9,451 yen per share, above Bain's most recent offer of 9,600 yen per share in December