Page 568 - Reuters

Tesla to recall over 120,000 vehicles in US: Road safety regulator

The Elon Musk-led automaker has released an over-the-air (OTA) software update to address the issue, the National Highway Traffic Safety Administration (NHTSA) said

Cybertruck designer says Tesla stainless steel pickup is no experiment

The stainless-steel clad truck is all angles, in part because a traditional press can't bend the steel into curves

Nike forecast cut rattles sportswear stocks as consumer spending stumbles

The company also laid out a $2 billion cost-saving plan on Thursday and said it was adopting a "more prudent approach" to planning for the rest of the year

Centre asks state-run banks to review top 20 insolvency cases monthly

The government has asked for reviews of insolvency cases as there are delays in admission of cases in insolvency courts

UK recession might be under way after economy shrinks in Q3: Report

Q2 output also cut to 0.0% from 0.2% growth

US new home sales fall to one-year low in Nov, decline 'likely temporary'

New home sales decreased 12.2% to a seasonally adjusted annual rate of 590,000 units last month, the lowest level since November 2022, the Commerce Department's Census Bureau said

Oil extends weekly gains, up 1% as tensions over Red Sea attacks persist

More maritime carriers are avoiding the Red Sea due to attacks on vessels carried out by the Houthi militant group, who say they are responding to Israel's war in Gaza

Aimed at boosting ties, Taiwan, Canada sign bilateral investment agreement

The Foreign Investment Promotion and Protection Arrangement is part of Canada's plan to increase trade and influence in the Indo-Pacific region

UK economy shrinks in Q3 as GDP contracts 0.1%, shows signs of recession

The medium-term outlook for the UK economy is far more optimistic than these numbers suggest," Hunt said in a statement

Upping long bond exposure beneficial for Indian investors, says Union AMC

The Fed hinted at a pivot in its December policy, and signalled three potential rate cuts totalling 75 bps in 2024

Govt probe into bribery claim in toxic syrup tests nears completion: Report

Indian-made cough syrups have been linked to the deaths of at least 141 children in Gambia, Uzbekistan and Cameroon since last year

Indonesia secures rice import commitments from India, Thailand: Report

Jokowi, as the president is known, said while Indonesia's headline inflation is low, he remains concerned about food prices and imports would help secure supply

Dollar softens, sterling squeezes as focus turns to US inflation figures

The dollar dipped on Thursday while sterling crosses were nursing losses in holiday-thinned trade ahead of the last major data release of the year in Friday's US inflation figures

Honda to recall 2.5 million US vehicles over risks of fuel pump failure

To address the issue, dealers will replace the fuel pump module, free of charge, the NHTSA said

Tesla faces inquiry by Norway's safety regulator over suspension failures

A decision is expected by Christmas. The agency has the authority to order a recall if an automaker refuses

Waaree Energies to invest $1 billion in Texas solar panel factory

The announcement is the latest major corporate commitment to solar manufacturing since passage of U.S. President Joe Biden's landmark climate change law last year which offers subsidies and tax breaks

Israel intensifies Gaza strikes, Hamas fires rockets amid truce talks

Fighting in the Gaza Strip escalated on Thursday with some of the most intense Israeli bombardment of the war and Hamas demonstrated its ability to rocket Tel Aviv

'Indian agri trade curbs to cut exports by $4 bn, Red Sea attacks a risk'

The world's second-largest producer of wheat, rice and sugar, India has restricted exports of these commodities to rein in rising domestic prices

RBI announces 7-day repo, raises quantum in comparision to last week

India's central bank will conduct a variable rate repo (VRR) auction for a second straight week on Dec. 22, this time with a higher quantum of infusion

Rupee ends lower due to high dollar demand from oil firms, US data awaited

The Indian rupee declined on Thursday as dollar demand from local oil companies weighed on the local unit, while traders awaited GDP and labour market data from the United States