Page 294 - Reuters

Ericsson wins multi-billion dollar 5G equipment contract from Bharti Airtel

This comes after Ericsson got part of a $3.6 billion contract last month for selling 5G equipment to India's Vodafone Idea. It shared the contract with Nokia and Samsung

China may raise $850 bn in new debt over 3 years to spur growth: Report

While not the bazooka some investors had been calling for, analysts say 6 trillion yuan in extra debt in the next three years could help stabilise growth

Google wants US federal judge's ruling for app store to be put on hold

The judge issued the injunction on Oct 7 in a case brought by 'Fortnite' maker Epic Games, which persuaded a federal jury last year that Google was illegally monopolizing how consumers download apps

UNSC voices 'strong concern' for peacekeepers after Israeli attacks

It's the first statement by the UN's most powerful body since Israel's attacks on the positions of the peacekeeping force known as UNIFIL began last week

China sanctions Taiwan businessman Tsao, lawmaker for 'separatist' acts

Tsao is founder and former chairman of chip maker United Microelectronics Corp and has said he hoped his programmes would help train millions of civilian warriors

Tokyo Metro likely to raise $2.3 billion in Japan's biggest IPO in 6 years

One of Tokyo's two major subway operators, Tokyo Metro is set to announce the pricing later today and list on the Tokyo Stock Exchange on Oct 23

Global EV sales rise 30.5% in Sept as China shines, Europe recuperates

Chinese carmakers are seeking to grow their sales in the EU despite import duties of up to 45 per cent and amid cooling global demand for electric cars

China Resources Beverage files for $649 mn Hong Kong IPO, largest in city

China Resources Beverage's Hong Kong IPO is set to be larger than tea drinks firm Sichuan Baicha Baidao Industrial's $330 million raising in April

Most Asian shares track Wall Street higher, oil extends 3% losses

China accounted for the bulk of the 2024 downgrade by OPEC, as it trimmed its growth forecast for the country to 580,000 barrels per day (bpd) from 650,000 bpd

China-Europe rivalry heats up at Paris car show as EV tariffs loom

This year, they account for only about a fifth of the brands thanks to a much stronger showing from Europe's auto industry - a sign of its determination to defend its home turf

Canadian govt expells six Indian diplomats including high commissioner

Since the killing of Nijjar, a dozen people of Indian descent have been warned there was credible evidence that they could be targets of Indian agents, the official said

Crude oil falls 2% as Opec cuts oil demand growth view, China concerns

China's stimulus plans also failed to inspire investor confidence while markets continued to watch for potential Israeli attacks on Iranian oil infrastructure

Israel kills at least 21 in airstrike on Christian town in north Lebanon

So far the main focus of Israel's military operations in Lebanon has been in the south, the Bekaa Valley in the east and the suburbs of Beirut

Rice stocks increases, new season supplies to bump up inventories

India needs nearly 38 million metric tons of rice to distribute the grain for free to 800 million beneficiaries of the world's biggest food welfare programme

Boeing fine-tunes job reductions as major buyer slams 777X jet delay

The planemaker plans a series of internal meetings this week to lay out the jobs plan

Opec again lowers forecast of global oil demand growth in 2024, 2025

Opec in a monthly report said world oil demand will rise by 1.93 million barrels per day (bpd) in 2024, down from growth of 2.03 million bpd it expected last month

China's new lending in September rises less than expected despite stimulus

Top Chinese leaders also pledged to deploy "necessary fiscal spending" to meet this year's growth target of around 5%

Singapore to block Allianz deal for income but open to new offer, says PM

Culture, Community and Youth Minister Edwin Tong had earlier told parliament it would not be in the public interest for the government to approve the deal in its current form

China sanctions Taiwanese businessman Robert Tsao, lawmaker Puma Shen

Tsao is one of Taiwan's richest men who pledged two years ago to provide millions to two civilian defence training programmes

LVMH investors jittery over anaemic China's demand for designer goods

Predicting the third-quarter will be the worst for the sector in four years, with a 1 per cent decline in organic sales year-on-year, they also lowered estimates for earnings per share for next year