Page 289 - Reuters

China's Q3 GDP shows weakest pace since 2023, backs calls for more stimulus

China's export growth slowed sharply in September while imports also decelerated, undershooting forecasts by big margins and suggesting manufacturers are slashing prices

Netflix picks up 5.1 million subscribers in Q3 as ad-tier signups grow

Streaming giant said that its ad-supported service accounted for more than 50 per cent of signups in the third quarter in countries where it was available

Hezbollah declares escalation against Israel after Yahya Sinwar's death

Sinwar, who was named as Hamas' overall leader following the assassination of political chief Ismail Haniyeh in Tehran in July, was believed to have been hiding in the warren of tunnels Hamas

UK foreign minister Lammy travels to China seeking 'pragmatic' ties

Lammy's visit is not expected to yield major diplomatic agreements or intended to mark a reset in relations

Chinese GDP gets little cheer, while dollar rises for straight third week

China's economy expanded 4.6 per cent in the third quarter from a year earlier

Asian stocks cautious after mixed China data, dollar firm on Fed view

US currency was also supported by recent market contemplation of a potential election victory for Donald Trump

Hamas chief Sinwar's death came after months of searching by Israel

Head of Israel's military, Lieutenant General Herzi Halevi, said Israel's pursuit of Sinwar over the past year drove him 'to act like a fugitive, causing him to change locations multiple times'

Eruditus secures $150 mn in TPG-led funding amid ed-tech challenges

Companies in the country have raised over $9 billion through IPOs this year, higher than the $7.42 billion raised in 2023, according to data compiled by LSEG

BP weighing sale of minority stake in offshore wind business: Report

The company has faced pressure from shareholders over its energy transition strategy, first launched in 2020, as renewables profit thinned while margins from oil and gas rose

Swiss gold exports to India fall to lowest level since Jun on lower supply

This year's 30 per cent gold price rally, which took spot prices to a record high of $2,696.59 per troy ounce on Thursday, has been affecting physical demand in price-sensitive Asian markets

Reliance partners with UK's Mothercare to strengthen presence in South Asia

Reliance Brands, a unit of Reliance Industries Ltd, acquired a 51 per cent stake in the JV that owns the Mothercare brand and related intellectual property

US weekly unemployment claims unexpectedly fall 19,000 to 241,000

Initial claims for state unemployment benefits dropped 19,000 last week to a seasonally adjusted 241,000 for the week ended Oct. 12

WB president Banga bats for more bilateral debt forgiveness to poor nations

Banga said that the World Bank has already answered calls for its share of debt relief in restructurings by providing billions of dollars in additional grants

Musk's win on satellite spectrum raises prospect of price war with Ambani

The Indian government says its decision to allocate spectrum administratively to whoever applies for it is in line with global trends

Polycab India Q2 results: PAT up 3.4% at Rs 440 cr, misses expectations

Revenue from operations rose 30.4% to Rs 5,498 crore, beating analysts' estimate of Rs 4,956 crore

Checking possibility of Hamas leader Sinwar being killed in operations: IDF

Sinwar, the chief architect of the Oct. 7, 2023 attack on Israel that triggered the Gaza war, was named leader of Hamas following the assassination of former leader Ismail Haniyeh

RBI bars four non-bank lenders from issuing loans for breaching norms

The ban on Asirvad Micro Finance, Arohan Financial Services, DMI Finance and Navi Finserv is effective from the close of business on Oct. 21, the Reserve Bank of India (RBI) said

ECB cuts interest rates as expected, says well on track to tame inflation

"The incoming information on inflation shows that the disinflationary process is well on track," the ECB said in a statement

Tata Chemicals Q2FY25 results: Net profit narrows 55% to Rs 194 cr

The chemical maker's consolidated net profit fell to Rs 194 crore ($23.1 million) for the quarter ended Sept. 30 from Rs 428 crore a year earlier

Nokia cuts 2,000 jobs in China, 350 in Europe as part of restructuring

A Nokia spokesperson confirmed the company had opened consultations relating to laying off 350 employees in Europe but declined to comment on Greater China