Page 763 - Reuters

Hit by Ukraine war, inflation, global jobs growth will halve in 2023: ILO

Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of the war in Ukraine, inflation and tighter monetary policy, the ILO said

Fragmentation could cost global economy up to 7% of GDP: IMF report

The global flows of goods and capital had leveled off after the global financial crisis of 2008-2009, and a surge in trade restrictions seen in subsequent years

Dollar steadies after hitting 7-month low against major peers; yen in focus

The Fed's aggressive rate increases were a main driver of the dollar index's 8% surge last year

Google-backed ShareChat lays off 20% workforce; 500 people to be impacted

Indian startups raised $24 billion last year, a third lesser than in 2021, according to Venture Intelligence

D-Mart hits six-month low as Q3 margins drop to 8.34% due to weak demand

It said the decline mainly reflected a change in product mix and weaker-than-expected discretionary non-FMCG sales

Rupee outlook positive, central bank eyed; bond yields likely to rise

Government bond yields are expected to tick up as investors shift focus to the upcoming budget

Yen tests seven-month high ahead of BOJ policy decision; dollar wobbles

With the BOJ due to announce its monetary policy decision on Wednesday, expectations are for further tweaks to its yield control policy or a full abandonment of it

Twitter offers free advertisements to brands that advertise on its platform

Offers to match advertisers' ad spending of up to $250,000

Google says India antitrust ruling to drive up costs for app developers

Alphabet Inc's Google said that India's new antitrust order to change how the company markets its Android platform will drive up costs for app developers, equipment makers, and consequently, consumers

India lets banks use face recognition, iris scan for transactions: Rpts

The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud

China's trade tumbles sharply in Dec, clouds 2023 growth outlook

Exports contracted 9.9 per cent year on year in December, extending a 8.7 per cent drop in November

Gold at over eight-month high on slower US Fed rate-hike prospects

Data on Thursday showed that US consumer prices fell for the first time in more than 2-1/2 years in December

ED alleges France's Pernod violated Delhi city rules to boost market share

Pernod Ricard violated the liquor policy of India's capital city by financially supporting retailers who in exchange stocked more of the French company's brands and boosted its market share, ED said

Wholesale passenger vehicle volume up on UV demand: Siam

However, FADA had warned that retail sales could be hit in the current quarter, with stricter fuel efficiency norms aimed at reducing carbon emissions set to come into effect from April this year

$58 bn investment in E&P; Chevron, Exxon, Total keen on India: Hardeep Puri

Global energy majors Chevron Corp, Exxon Mobil Corp and TotalEnergies are interested in investing in India's oil, gas exploration and production sector, said India's oil minister, Hardeep Singh Puri

Yen jumps as markets test Bank of Japan, inflation retreat lifts stocks

A wave of emergency BOJ buying later reined the yield back in, but markets remained jumpy

China demand growth optimism sets oil on track for strong weekly gain

A weaker greenback tends to boost demand for oil, as it makes the commodity cheaper for buyers holding other currencies

Gold scales 9-month high above key $1,900 level; highest since late April

Lower interest rates tend to be beneficial for bullion as they decrease the opportunity cost of holding the non-yielding asset

After founders Roys, some more senior executives of NDTV step down

NDTV made several failed times to block the takeover, citing regulatory restrictions on moving shares

India to seek easing of EU steel quotas, tarrifs in trade talks

New Delhi last month slapped anti-dumping import duties on stainless steel seamless tubes and pipe imports from China