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Reuters

Reuters

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

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Microsoft to let clients build AI agents for routine tasks from Nov

Other big technology companies such as Salesforce have also touted the potential of such agents

Microsoft to let clients build AI agents for routine tasks from Nov
Updated On : 21 Oct 2024 | 10:24 PM IST

EU set to choose company for critical minerals joint buying platform

EU's rationale for pooling together buying orders is that it would hand participants more leverage to achieve more favourable deals and prices for critical minerals essential for the green transition

EU set to choose company for critical minerals joint buying platform
Updated On : 21 Oct 2024 | 7:16 PM IST

India to launch coal exchange soon: Coal minister G Kishan Reddy

"Last week we took a briefing on setting up coal exchange," Minister added but didn't disclose the exact timing on when the exchange will come up

India to launch coal exchange soon: Coal minister G Kishan Reddy
Updated On : 21 Oct 2024 | 6:55 PM IST

Bajaj Housing Finance Q2 results: Profit up 21% on steady home loan demand

The company, a unit of non-bank lender Bajaj Finance , reported its first quarterly earnings since its $782 million initial public offering in September that gathered strong investor interest

Bajaj Housing Finance Q2 results: Profit up 21% on steady home loan demand
Updated On : 21 Oct 2024 | 6:26 PM IST

India exploring ways to import Mongolian coking coal via Russia: Report

Mills in India, the world's second-biggest producer of crude steel, grappled with volatile Australian supplies of coking coal last year, and the government sent delegations to Mongolia

India exploring ways to import Mongolian coking coal via Russia: Report
Updated On : 21 Oct 2024 | 6:26 PM IST

RBI sold $6.49 billion in spot forex market in August, shows bulletin

The RBI said it purchased $16.14 billion and sold $22.64 billion in the spot forex market in August

RBI sold $6.49 billion in spot forex market in August, shows bulletin
Updated On : 21 Oct 2024 | 6:02 PM IST

Fidelity International to slash around five hundred jobs in China: Report

Fidelity International's "centre of excellence" in Dalian supports a wide range of technology, operations and investment needs, according to the company

Fidelity International to slash around five hundred jobs in China: Report
Updated On : 21 Oct 2024 | 5:52 PM IST

Sovereign bond yields end higher as sentiment cautious after RBI comments

The benchmark 10-year bond yield ended at 6.8293% on Monday, compared with its previous close of 6.8193%

Sovereign bond yields end higher as sentiment cautious after RBI comments
Updated On : 21 Oct 2024 | 5:32 PM IST

Boeing's new proposal may lead to $1 bn in wage-related costs over 4 years

About 33,000 workers will vote on the contract proposal after a more than month-long work stoppage, which has halted production of models including its best-selling 737 MAX narrowbody jets

Boeing's new proposal may lead to $1 bn in wage-related costs over 4 years
Updated On : 21 Oct 2024 | 5:06 PM IST

Norwegian bank DNB to buy Sweden's Carnegie from Altor for $1.14 bn

DNB said in a statement it expected to finalise the all-cash acquisition, which is subject to official approvals, in the first half of 2025

Norwegian bank DNB to buy Sweden's Carnegie from Altor for $1.14 bn
Updated On : 21 Oct 2024 | 4:38 PM IST

Rupee slips to record closing low on outflows, avoids sharper losses

The dollar index has risen nearly 3% in October, boosted by expectations of shallower rate cuts by the Federal Reserve

Rupee slips to record closing low on outflows, avoids sharper losses
Updated On : 21 Oct 2024 | 4:18 PM IST

Prosus targets $400 mn e-commerce profit in 2025, more IPOs in India

Prosus, majority-owned by South Africa's Naspers, is a major shareholder in Indian food delivery firm Swiggy, which is preparing for what could be one of India's biggest IPOs this year

Prosus targets $400 mn e-commerce profit in 2025, more IPOs in India
Updated On : 21 Oct 2024 | 4:17 PM IST

As weak economies' default wave peaks, cash shortage may take its place

The U.S. Treasury's top economic diplomat has called for new ways to provide short-term liquidity support to low- and middle-income countries to head off debt crises

As weak economies' default wave peaks, cash shortage may take its place
Updated On : 21 Oct 2024 | 3:45 PM IST

US envoy Hochstein to hold ceasefire talks with Lebanese officials

While Hochstein is likely to push for calm after a year of fighting during which Israel killed leaders of both Hezbollah in Lebanon

US envoy Hochstein to hold ceasefire talks with Lebanese officials
Updated On : 21 Oct 2024 | 1:59 PM IST

UAE supermarket chain Lulu to offer 25% stake in IPO, list on Adx

Lulu plans to offer more than 2.582 billion shares in the IPO, which will run from Oct. 28 to Nov. 5

UAE supermarket chain Lulu to offer 25% stake in IPO, list on Adx
Updated On : 21 Oct 2024 | 1:51 PM IST

US military says THAAD anti-missile system is 'in place' in Israel

THAAD, or the Terminal High Altitude Area Defense system, is a critical part of the US military's layered air defense systems

US military says THAAD anti-missile system is 'in place' in Israel
Updated On : 21 Oct 2024 | 12:24 PM IST

What's on agenda at COP16 nature summit in Colombia: All you need to know

COP16 host country Colombia has put the inclusion of Indigenous and traditional communities at the center of its agenda in Cali

What's on agenda at COP16 nature summit in Colombia: All you need to know
Updated On : 21 Oct 2024 | 12:17 PM IST

IEA forecasts surplus oil supply, weak demand from China despite stimulus

China, which has accounted for more than 60 per cent of global oil demand growth in the last decade

IEA forecasts surplus oil supply, weak demand from China despite stimulus
Updated On : 21 Oct 2024 | 12:10 PM IST

IMF, WB meetings clouded by wars, slow economic growth, US election

The International Monetary Fund and World Bank annual meetings are scheduled to draw more than 10,000 people from finance ministries, central banks and civil society groups

IMF, WB meetings clouded by wars, slow economic growth, US election
Updated On : 21 Oct 2024 | 12:07 PM IST

European banks under investor pressure to keep earnings growth alive

Bank share prices have broadly delivered a double-digit rise this year, driven by stock buyback programmes

European banks under investor pressure to keep earnings growth alive
Updated On : 21 Oct 2024 | 12:01 PM IST