Page 636 - Reuters

Chechen leader's nephew made head of seized Danone subsidiary in Russia

According to a decree signed by Putin on Sunday, the Russian state had taken control of Danone's Russian subsidiary along with beer company Carlsberg's stake in a brewer

UK inflation slows sharply, offering some relief to Bank of England

Bank Rate peaking at 6% is no longer fully priced, which had been the case on Tuesday

Tata Group picks Britain for new EV battery plant, to invest $5.2 bn

The gigafactory - Tata's first outside of India - includes an investment of 4 billion pounds ($5.2 billion), the company said

Nissan, Renault to announce restructured alliance deal in days: Report

That timeline slipped when senior Nissan executives and some directors challenged detailed provisions of deal and the benefits and protections for Nissan's intellectual property

Global power demand growth to rebound in 2024 after slowdown: IEA

The global growth rate for energy consumption is set to slow to slightly less than 2% in 2023, down from 2.3% in 2022, which was also down from the five-year pre-COVID 19 average of 2.4%

US soldier flees into North Korea in new crisis over nuclear-armed state

The U.S. Army identified the soldier as Private Travis T. King who joined up in 2021 and was facing disciplinary action

Oil prices up on China economic support pledge, tighter Russian supply

Brent futures rose 9 cents, or 0.1%, to $79.72 a barrel at 0010 GMT, while U.S. West Texas Intermediate (WTI) crude was steady at $75.75 per barrel

ADNOC Gas agrees $7bn-$9 bn 14-year LNG agreement with IOCL: Statement

ADNOC raised about $2.5 billion in March through a sale of roughly 5% of its gas business in an IPO

Heatwave brings health warnings as extreme weather grips globe: WMO

Europe's highest recorded temperature of 48.8C was registered in Sicily two years ago

Donald Trump 'target in Capitol riots probe', faces another arrest

He further said, expects to be arrested by a federal investigation into the January 6 riot at the Capitol and efforts to challenge the results of the 2020 election

J&J sues US govt to block Medicare drug price negotiation plans: Report

Pharmaceutical industry says the drug price negotiation program that is part of President Joe Biden's IRA will curtail profits and compel them to pull back on developing groundbreaking new treatment

Microsoft to charge more for AI in office, secure Bing from leaks

The company also said it would make a more secure version of its Bing search engine available immediately to businesses, aiming to address their data-protection concerns, grow their interest in AI

US business inventories edge up 3.5% YoY in May; sales gained 0.2%

Retail inventories rose 0.7% in May instead of 0.8% as estimated in an advance report published last month. They climbed 0.3% in April

Govt evaluating option of building gas storage, says oil secretary

The modalities for building storage will be worked out after a feasibility study, he added

CIE Automotive India's Q2 profit surges on robust domestic, European demand

The company's European business, which constituted around 49% of its consolidated segmental revenue for the quarter, grew 5.3% year-on-year, outperforming the Indian business, which grew 4.8%

US manufacturing output falls in June, rebounds in second quarter

Factory output, which had also contracted in the fourth quarter, was boosted by a 36.7% surge in the production of motor vehicles and parts in the second quarter

Google cannot remove Disney app in tussle over in-app charges: Court

The court in a Tuesday hearing said Disney should now pay a 4% service fee to Google, and said the streaming app should not be removed from Google's app store

Lockheed Martin raises full-year forecast on strong weapons demand

The advanced jet is Lockheed's largest program, after having generated 27% of total consolidated net sales and 66% of aeronautics' net sales in 2022

ICICI Lombard posts 12% rise in Q1 profit on higher investment income

Income from investments jumped nearly 27% to 6.22 billion rupees, helped by an increase in the market value of securities and higher profits on the sale of investments

Vedanta says it's awaiting govt nod for semiconductor plant in Gujarat

The group already has a partnership with Taiwan's Innolux for display fab manufacturing, he added