Page 2 - Reuters

Microsoft's cloud growth, cash flow offer respite from AI spending fears

Microsoft's Azure cloud business grew 48% in the September quarter, while free cash flow reached $18.6 billion, easing investor concerns over mounting AI infrastructure spending.

Govt, Volkswagen clash in court over record $1.2 billion tax dispute

Volkswagen tax dispute: India defends $1.2 billion import duty demand

US economy expands 3.4% in Q3 as consumer spending, AI investment rise

The US economy grew at an annualised rate of 3.4% in Q3, beating forecasts of 3.2%, as resilient consumer spending and AI-driven investment offset the impact of higher oil prices.

Unilever raises volume growth outlook as Q3 sales beat estimates

Unilever raised its 2026 volume growth outlook to at least 3% after Q3 underlying sales rose 5.2%, beating estimates, driven by strong demand in India and other emerging markets.

India bonds seen attracting buyers as 10-year yield nears 2022 levels

Persistently high oil prices ‌are stoking inflation concerns and fuelling bets on another Reserve Bank of India rate hike in December, potentially by 50 basis points

India's dealmaking resilient despite weak rupee, equity slump: Citi

Rahul Saraf, Citi's head of investment banking for India said he expects more partnerships between Chinese companies and large Indian conglomerates in the industrial and consumer sectors

Shell beats expectations with $10.8 billion profit, hikes buybacks

Shell beat analyst estimates and increased share buybacks as stronger refining margins and higher LNG prices lifted quarterly net profit from $5.43 billion a year earlier

Rupee hits 2-week low on 'sticky' dollar bids, modest intervention cushions

Dollar demand around the RBI's reference rate and likely overseas debt repayment outflows weighed on the rupee, while central bank intervention helped limit losses, traders said

Trump and Obama trade barbs in closing week of US midterm election

Trump has stepped up rallies amid Republican concerns over losing Congress, while Obama has criticised the president and campaigned for Georgia Senator Jon Ossoff ahead of Tuesday's vote

Chinese AI model completes complex cyberattacks in tests, raises concerns

Z.AI's GLM-5.3 completed three of 13 multi-stage cyberattack scenarios in controlled simulations, according to Irregular, though it trailed leading US models in separate tests

Oil prices fall as hopes of US-Iran peace talks ease supply fears

Brent crude fell 1.1% to $114.10 a barrel and WTI dropped 1.3% to $101.45, paring Wednesday's gains as reports of renewed diplomatic efforts eased concerns over supply disruptions

Asian shares fall as Alphabet earnings miss drags Wall St futures lower

Alphabet's 10% after-hours slide wiped nearly $400 billion off its market value, while Samsung fell over 4% despite record profit as investors await results from Amazon and Intel

Nike deepens India push with new running shoe, Vegam Run, at ₹3,795

The sportswear giant will release the shoe on Flipkart on November 1, as it seeks to tap India's running boom and revive growth amid sales weakness in key markets, including China

Fed keeps interest rates unchanged, awaits more data on inflation

The US Federal Reserve held interest rates at 3.75-4.00% in a 10-2 vote, citing persistent inflation, as two policymakers backed a 25-basis-point hike ahead of the midterm elections.

Unilever raises volume growth outlook as Q3 sales beat estimates

Unilever raised its 2026 volume growth outlook to at least 3% after Q3 underlying sales rose 5.2%, beating estimates, driven by strong demand in India and other emerging markets.

At least 64 killed as two high-speed trains collide in Spain near Toledo

Two high-speed trains collided near Toledo, killing at least 64 people and derailing several carriages, as authorities investigate Spain's second deadly rail accident this year

United Spirits reports Q2 profit of ₹462 cr, revenue at ₹7,001 cr

United Spirits reported a net profit of ₹462 crore for Q2 FY27, while revenue from operations stood at ₹7,001 crore during the September quarter.

Bandhan Bank reports ₹622 cr net profit in Q2, gross NPA at 3.11%

Bandhan Bank reported a net profit of ₹622 crore in Q2 FY27, with gross NPAs at 3.11%, interest earned at ₹5,754 crore and provisions at ₹718 crore.

In the wake of Jio's listing, what are India's biggest share offerings?

The National Stock Exchange, Hyundai Motor India, LIC, Paytm and Tata Capital are among the country's biggest IPOs before Jio

Gail to invest $63 million in heating unit at Ratnagiri LNG terminal

The facility, due to be completed by June 2027, will enable the company to run the LNG terminal at its full capacity ‌of 5 million tons per annum