Page 350 - Reuters

SoftBank-backed OfBusiness plans up to $1 bn India IPO for H2 of 2025

The initial public offering is expected to total between $750 million and $1 billion, with about $200 million in new shares and the rest shares offered by existing shareholders to new investors

Toyota, Maruti launch hybrid push in UP to capitalise on tax waivers

The waivers have split India's auto industry, with Tata Motors, Mahindra and Mahindra and Hyundai arguing their sales of pure electric cars will suffer

Tesla plans six-seat Model Y, production slated for 2025 in China

The Model Y crossover is the best-selling car in China among all power types

Cathay Pacific halts flights for A350 checks, other airlines await guidance

Rolls-Royce had not yet issued a directive to airlines regarding possible inspections, according to an industry source who was not authorised to speak publicly about the matter

Apple to completely switch to OLED for iPhone display from 2025: Report

The planned move will exclude Japan's Sharp Corp and Japan Display from Apple's handset business, Nikkei said

BPCL and ONGC to jointly explore setting up a new refinery: Report

BPCL plans to increase its integrated refining and petrochemical capacities within the next five to seven years to meet growing energy demand

Pope Francis arrives in Indonesia, kicks off ambitious Asia-Pacific tour

Pope Francis is expected to continue voicing appeals to confront the dangers of a warming globe

China: Anti-dumping probe into canola imports as Canada imposes EV tariff

Canada has followed the lead of the United States and European Union, and announced last week a 100 per cent tariff

Bajaj Housing Finance targets nearly $7 bn valuation through $782 mn IPO

As of Aug. 28, about 200 companies have raised $7.11 billion through IPOs this year, more than double in the same period last year, according to LSEG data

Travel industry to contribute record $11 trillion to global GDP in 2024

Travel spending in the US, Chinese and German economies is expected to contribute the most to GDP

'Go for gold' as China weighs on other commodities, says Goldman Sachs

The Wall Street lender adjusted its gold target of $2,700 to early 2025, versus previous forecast of end-2024, citing a price-sensitive China market

Volvo to launch long-range variant of FH Electric truck with 600-km range

The new model, expected to hit the market in the second half of 2025, caters to customers requiring longer hauls by maximizing battery space while improving the truck's software

Conflict, creditors, car crash: How Ukraine clinched debt restructuring

Facing an economy crippled by the cost and destruction of the war, by August 2022 Ukraine agreed with creditors to pause payments on its bonds

Tesla's China sales records best month in Aug, marks 37% jump from July

While an encouraging improvement, its performance lags major Chinese rivals by a wide margin

Cryptoverse: Bitcoin ETFs take $50 bn baby steps toward bigger milestone

The path to wide acceptance as a mainstream asset may be slow and twisting

What is the issue with Cathay Pacific's A350 engines: All you need to know

A problem unfolded several minutes after take-off on flight CX383 from Hong Kong to Zurich on Monday

US elections: Kamala Harris pitches to union workers at Labour Day rally

Biden said Harris would build on the progress they had made during his administration to improve the lives of union workers and that he would do everything he could to help

Luxury property frenzy set to drive up home prices in India: Poll

Ultra-high-net-worth individuals in India typically own more than two properties, with nearly 12% of them planning to buy another home this year, according to Knight Frank's wealth data

Govt bond yields seen steady ahead of state debt sale, US economic data

The market is closely watching key US data and Federal Reserve's rate action as these will be directional cues

Russian forces advancing faster in eastern Ukraine than ever before: Putin

Russian forces, which control 18 per cent of Ukraine, have been advancing in eastern Ukraine since the failure of Kyiv's 2023 counter-offensive