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China planning to allow wholly foreign-owned hospitals in some areas

Removal of restrictions on foreign investment in these fields comes as world's second largest-economy faces growing headwinds with flagging foreign business sentiment one of issues threatening growth

Russian state media outlet RT will continue to work in West, says editor

The United States also announced actions targeting RT, including Editor-in-Chief Margarita Simonyan, calling her "a central figure in Russian government malign influence efforts"

Ukraine expresses concern over transfer of Iranian missiles to Russia

In a statement emailed to reporters, the ministry said the deepening military co-operation between Tehran and Moscow was a threat to Ukraine, Europe and the Middle East

Byju's auditor BDO resigns after start of bankruptcy proceedings, firm says

Byju's defended its inability to provide the documents, saying in a statement the materials were requested from the firm's board, which has been suspended

Centre to extend sugar export ban to boost local supplies, ethanol output

New Delhi also plans to raise the price at which oil companies buy ethanol from sugar mills as part of efforts to boost supplies of the biofuel, said the sources

EV maker Wardwizard Innovations to form joint venture in Saudi Arabia

The EV cell plant will be dedicated to manufacturing electric vehicle cells. The company did not disclose the cost associated with entering into the joint venture

Whistleblower alleges BofA of sharing non-public information: WSJ

The whistleblower's complaint was filed in June, according to the report

US markets open muted after weaker than expected August payrolls data

A Labor Department report showed U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested an orderly labor market slowdown continued

Reliance Infra plans to manufacture electric cars, taps ex-BYD executive

It is also looking at the feasibility of building a battery plant starting with 10 gigawatt hours (GWh) of capacity and scaling up to 75 GWh over a decade, the person added

US polls: Over 90 company execs, 100 law enforcement officials back Harris

"Harris has a strong record of advancing actions to spur business investment in the United States and ensure American businesses can compete and win in the global market," they wrote

Indian tax officials demand $101 million in Byju's insolvency process

The company is being run by court-appointed resolution professional Pankaj Srivastava who is inviting lenders, employees, vendors and government to claim unpaid dues

Federal Reserve gets green light on rate cuts as US job growth disappoints

The three-month average monthly payroll rise is now down to 116,000, far less than the 200,000 that analysts say is needed to meet current job-growth needs in a population that has swelled through imm

Canada's jobless rate at 6.6%, surges past 7-yr high excluding pandemic

Canada's economy had been losing steam under the pressure of high interest rates, and most of the growth seen earlier in the year was primarily led by increase in population

Israel's Tower Semiconductor, Adani plan $10 bn chip project in India

Semiconductor manufacturing marks the latest foray for billionaire Gautam Adani, whose conglomerate has businesses across ports, power utilities, transmission and coal trading

World food price index eases slight to 120.7 pts in August, shows UN data

The FAO index hit a three-year low in February this year as food prices retreated from a record peak set in March 2022 following Russia's invasion of Ukraine

ADB to devote half of its annual lending to climate finance by 2030

The new strategy comes nearly a year after ADB approved reforms to unlock $100 billion in new financing capacity over a decade, meeting a mandate from U.S. Treasury Secretary Janet Yellen

Japan's Toyota Motor slashes 2026 global EV output plans by a third

Earlier this week, Swedish automaker Volvo Cars scrapped its target of going all electric by 2030, saying it expects to still be offering some hybrid models in its lineup at that time

Pizza Hut adapts to China's sluggish economy by opening cheaper stores

The first Pizza Hut Wow store opened in Guangzhou in May and there are now more than 100 around the country, with a target of 200 by the end of the year, Yum China said

Congress, NCP name LGBTQ+ activists to key posts in a major moment

Congress, whose political clout has risen after doing much better than expected in the April-June general election, named LGBTQ+ activist Mario da Penha this week to head its new unit

Sebi to tighten derivative rules to increase barriers despite pushback

'The regulator believes that this warrants additional measures both for small investor protection and for ensuring continued systemic stability,' the source added