Page 694 - Reuters

Aston Martin shares soar on China's Geely becoming No. 3 shareholder

Aston Martin shares, which closed at 231.2 pence on Wednesday, were trading at 267.8 pence at 1056 GMT, having risen as high as 288.0 pence

Biden, McCarthy underscore determination to reach a debt ceiling deal

"We're going to come together because there's no alternative," Biden told reporters

India, UK struggling to make progress in free trade talks: Report

The two nations are unable to agree on concessions on duties levied by India on car and liquor imports, a government official with direct knowledge of the matter said

Bata India's profit rises to Rs 656.23 mn on lower costs, higher demand

The company said in a statement that it had refreshed its portfolio to offer premium products under these brands

Gland Pharma profit declines by 56% on soft demand in March quarter

Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin contracted to 21% from 32% a year earlier

Walmart Inc lifts annual sales, profit view on resilient consumer spending

Walmart has been keeping grocery prices low to fend off competition from Target Corp and Kroger, as Americans continue to struggle with paying high prices for food

Textile maker Arvind reports revenue drop of 14% in March quarter

The Ahmedabad-based company's net profit rose 17% to 970 million rupees, aided by a sharp drop in expenses

Alibaba Group misses revenue estimates, approves cloud unit spinoff

Alibaba on Thursday approved a full spinoff of the Cloud Intelligence Group via a stock dividend distribution to shareholders

LT Foods reports profit of 75% due to strong demand in March quarter

LT Foods also exports rice to more than 60 countries like the United States and in geographies such as Europe, the Middle East and the Far East

BT Group to cut up to 55,000 jobs by 2030 as fibre and AI tech arrive

The company has been working through a transformation plan to build a national fibre network under boss Philip Jansen, as well as rolling out high-speed 5G mobile services

EasyJet has sufficient planes on order for growth targets, says CEO

Supply chain issues mean both plane manufacturers are struggling to deliver new jets on time, but the CEO said that as one of the world's largest A320 family customers, easyJet was well-placed

Anil Agarwal's Vedanta in talks with banks to raise at least $500 million

The group has been depending on money from its units to tackle its debt load, especially after it failed to sell some zinc assets to Hindustan Zinc Ltd for $3 billion

Everstone in talks to sell 41% stake in India's Burger King franchisee

Everstone Capital, through its investment vehicle QSR Asia Pte Ltd, held a 40.9 per cent stake in Restaurant Brands as of March 31, according to Refinitiv data

Tesla discusses incentive scheme for auto sector with Indian officials

Tesla Inc asked how it could take part in domestic incentives in India related to car and battery manufacturing

'More likely than not': Rise in world temp to breach 1.50C by 2027

Weather phenomenon, while distinct from climate change, is likely to boost extremes and bring warmer weather to North America and drought to South America, with the Amazon at greater risk of fires

Pak Police surround Imran Khan's home in search of '30-40 terrorists'

Khan said his re-arrest was imminent. Hours earlier, Islamabad's High Court had granted him a bail extension until May 31, his lawyer Faisal Chaudhry said

Thermax beats Q4 profit expectations on back of strong sales growth

Indian sustainable energy solutions provider Thermax Ltd posted a better-than-expected jump of 52% in fourth-quarter net profit on Wednesday, helped by a 16% rise in sales.

Future Retail receives bids from 6 applicants in bankruptcy resolution

Debt-ridden Future Retail Ltd said on Wednesday it had received bids from six applicants in its insolvency resolution process

GlaxoSmithKline Pharma's pre-tax profit falls 8% on govt pricing caps

India's GlaxoSmithKline Pharmaceuticals Ltd reported an 8.6% fall in its pre-tax profit for the fourth quarter on Wednesday, hurt by the government's curbs on pricing of some essential medicines

JK Tyre reports nearly three-fold increase in Q4 profit to Rs 108 cr

JK Tyre & Industries Ltd reported a nearly three-fold rise in fourth-quarter profit, as raw material costs fell and domestic demand saw a boost.