Page 411 - Reuters

UBS makes Karofsky, Iqbal Khan wealth co-heads in management shakeup

Damian Vogel has been appointed Chief Risk Officer and will take over from Christian Bluhm, as part of a series of changes the bank is putting into effect from July 1

As Lok Sabha election ends near, here's what lies ahead for new government

Here are some key issues the winning party, or coalition, will need to tackle in office

LS polls: He once sold tea, now PM Modi seeks his own 'tryst with destiny'

He has set a tentative target of increasing the size of the economy by about eight times to $29 trillion by then and the per-capita income by about seven times to nearly $18,000

Tyson Foods denies accusations of hiring migrants over US citizens

The letters say that Tyson employs 42,000 foreign workers, making up more than one-third of its US workforce, and is involved in programs to recruit more

Toyota's global volumes fall in April as sales drop in China and Japan

Toyota's Japan sales were hit by a temporary halt to production of the Prius model at its Tsutsumi plant for quality checks and a partial halt of production at a line at a Toyota Auto Body plant

RBI's increased scrutiny of banks, financial firms leads to restrictions

Since 2020, the RBI has placed business restrictions on many players

Google to invest $2 bn in data centre and cloud services in Malaysia

Google said in a statement the data centre and cloud region will be located in Sime Darby Property's Elmina Business Park in central Selangor state

China's May factory activity likely expanded at steady pace, shows poll

The official purchasing managers' index (PMI) was forecast at 50.4 in May, unchanged from April, according to the median forecast of 33 economists in the poll

US govt nears deal to fund late-stage trial of Moderna's bird flu vaccine

It is expected to total several tens of millions of dollars, and could be accompanied by a commitment to procure doses if the phase-three trials are successful, according to the report

S&P Global will likely raise India's rating within 2 years, says Citi

S&P raised India's sovereign rating outlook to 'positive' from 'stable' on Wednesday, citing the country's strong economic fundamentals. It, however, kept the rating itself at 'BBB-'

China blocks beef from US plant over detection of ractopamine: JBS

Ractopamine is a feed additive used to boost animal weights

Billionaire Peltz's Trian sells entire Disney stake after board fight

Disney shareholders had last month backed CEO Bob Iger and other company directors after a multimillion-dollar, mud-slinging battle launched by Peltz and Blackwells Capital

Wall Street's faster trade settlement sees some temporary processing bumps

The shift in the world's largest financial market is aimed at making market infrastructure more resilient, but investors and regulators braced for increased trade failures and other hiccups

Arm introduces new designs, offers software for AI on smartphones: Details

For the new products, Arm worked with Samsung Electronics Co Ltd and Taiwan Semiconductor Manufacturing Co to deliver blueprints of physical designs that are ready for manufacturing

Sony stresses PlayStation user engagement as hardware sales taper off

PS5 users are spending around 25 per cent more than during the previous PS4 console's lifecycle, boosted by add-on content and services, including the PlayStation Plus subscription option

Committed to overcoming challenges in AI era: Samsung's chip division boss

The South Korean tech giant has fallen behind rivals SK Hynix and Micron Technology in high bandwidth memory (HBM) chips which are in high demand for use in AI processors

Home prices to rise steadily, affordable housing to be scarce: Poll

Economic growth in India, Asia's third-largest economy is expected to continue outpacing its major peers

Indian govt bond yields likely to inch further up mirroring US peers

India's benchmark 10-year yield is likely to move in a 7.00 per cent -7.04 per cent range, following its previous close of 7.0129 per cent, a trader with a state-run bank said

Global rate anxiety sparks slump in Asian stocks, bonds

The latest halt in the global risk rally has come on the back of data pointing to lingering inflationary pressures across major economies

Higher US bond yields push Yen to 4-week low ahead of key inflation data

The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month high in April