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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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Airbus, Rolls-Royce to break silence on Cathay A350 engine incident

Manufacturers have been leaning against recommending worldwide checks but the final word lies with regulators

Airbus, Rolls-Royce to break silence on Cathay A350 engine incident
Updated On : 05 Sep 2024 | 8:35 AM IST

Boeing to fly empty capsule back to Earth soon, 2 astronauts to stay behind

Boeing encountered serious flaws with Starliner long before its June 5 liftoff on the long-delayed astronaut demo

Boeing to fly empty capsule back to Earth soon, 2 astronauts to stay behind
Updated On : 05 Sep 2024 | 8:13 AM IST

President Biden close to blocking Nippon Steel's acquisition of US Steel

US Steel had earlier warned that a failure to conclude a deal with Japan-based Nippon would put thousands of US union jobs at risk

President Biden close to blocking Nippon Steel's acquisition of US Steel
Updated On : 05 Sep 2024 | 8:05 AM IST

Russian air strike kills seven, four from same family in Ukraine's Lviv

The mayor of Lviv, which is close to the border with NATO member Poland, said one man, Yaroslav Bazylevych, lost his wife and three young daughters when their home was struck.

Russian air strike kills seven, four from same family in Ukraine's Lviv
Updated On : 05 Sep 2024 | 12:07 AM IST

Musk's X wins appeal to block part of California content moderation law

A three-judge panel of the 9th U.S. Circuit Court of Appeals in San Francisco overturned a lower court judge's decision declining to pause enforcement of the new California law

Musk's X wins appeal to block part of California content moderation law
Updated On : 05 Sep 2024 | 12:04 AM IST

Blackstone to buy Australia's data centre group AirTrunk in $16 bn deal

The transaction needs approval from the Australian Foreign Investment Review Board (FIRB), given the asset is being bought by overseas parties.

Blackstone to buy Australia's data centre group AirTrunk in $16 bn deal
Updated On : 04 Sep 2024 | 11:49 PM IST

Satellite TV provider DirecTV's battle with Disney to reshape bundling

DirecTV's current public battle with Disney has led to 11 million DirecTV customers losing access to ESPN in the middle of the U.S. Open tennis tournamen

Satellite TV provider DirecTV's battle with Disney to reshape bundling
Updated On : 04 Sep 2024 | 11:49 PM IST

US antitrust trial targets Alphabet, to challenge Google's ad business

Those advertising tools contributed to the more than 75 per cent of Google's $307.4 billion in revenue last year that came from advertising.

US antitrust trial targets Alphabet, to challenge Google's ad business
Updated On : 04 Sep 2024 | 11:29 PM IST

Zelenskyy orders biggest govt reshuffle to give Ukraine 'new energy' in war

A total of six ministers, including Foreign Minister Dmytro Kuleba, submitted their resignation and parliament accepted the resignations of four

Zelenskyy orders biggest govt reshuffle to give Ukraine 'new energy' in war
Updated On : 04 Sep 2024 | 11:12 PM IST

Global hedge funds posted gains in August despite market rollercoaster

Citadel's flagship multi-strategy fund Wellington was up roughly 1 per cent last month, as well as Schonfeld Strategic Advisors' flagship fund Strategic Partners

Global hedge funds posted gains in August despite market rollercoaster
Updated On : 04 Sep 2024 | 10:56 PM IST

No suicidal thoughts link to diabetes, obesity drugs, finds UK regulator

The Medicines and Healthcare products Regulatory Agency (MHRA) began a review of safety data for the class of drugs, known as GLP-1 receptor agonists, more than a year ago

No suicidal thoughts link to diabetes, obesity drugs, finds UK regulator
Updated On : 04 Sep 2024 | 10:45 PM IST

Swedish automaker Volvo Cars abandons target of going all electric by 2030

Major automakers have seen slowing demand for EVs partly due to a lack of affordable models and the slow roll-out of charging points

Swedish automaker Volvo Cars abandons target of going all electric by 2030
Updated On : 04 Sep 2024 | 10:40 PM IST

Bank of Canada cuts rates for third time to 4.25%, frets over weak growth

Wednesday marked the third consecutive cut, with the bank citing continued easing in broad inflationary pressures

Bank of Canada cuts rates for third time to 4.25%, frets over weak growth
Updated On : 04 Sep 2024 | 10:21 PM IST

Gold hits two-week low as traders expect smaller US Federal rate cut

Traders are confident that the US Fed will cut rates this month and are pricing in a 59 per cent chance of a 25-basis-point cut, according to CME FedWatch tool

Gold hits two-week low as traders expect smaller US Federal rate cut
Updated On : 04 Sep 2024 | 9:50 PM IST

Brent crude oil price falls $1 per barrel to $72.75 on demand fears

A broader sell-off had seen prices for Brent crude futures tumble as much as 11 per cent, or about $9, in a little over a week, hitting a low of $72.63 on Wednesday

Brent crude oil price falls $1 per barrel to $72.75 on demand fears
Updated On : 04 Sep 2024 | 9:17 PM IST

UK's CMA clears Microsoft's staff hiring, partnership with Inflection AI

The CMA said that even before being bought, Inflection had a small portion of UK visits for chatbots and AI tools and, unlike its rivals, couldn't significantly grow or maintain its chatbot users

UK's CMA clears Microsoft's staff hiring, partnership with Inflection AI
Updated On : 04 Sep 2024 | 8:23 PM IST

US job openings fall to 3.5-year low in July on labour market slowdown

Job openings, a measure of labor demand, had fallen by 237,000 to 7.673 million on the last day of July, the lowest level since January 2021

US job openings fall to 3.5-year low in July on labour market slowdown
Updated On : 04 Sep 2024 | 8:19 PM IST

Adani Enterprises' first Indian retail bond fully subscribed at launch

Such retail bond sales are rare and Adani is the first non-financial company to issue them since 2016.

Adani Enterprises' first Indian retail bond fully subscribed at launch
Updated On : 04 Sep 2024 | 7:03 PM IST

Reliance Industries wins bid for govt incentives to make EV batteries

The oil-to-telecom conglomerate beat six other competitors, which included units of battery maker Amara Raja Energy and Mobility and power producer JSW Energy

Reliance Industries wins bid for govt incentives to make EV batteries
Updated On : 04 Sep 2024 | 6:02 PM IST

Rupee drops to record low amid negative global cues, RBI support aids

Over the last month, there were several instances when the Reserve Bank of India intervened on both sides of the forex market to support the currency

Rupee drops to record low amid negative global cues, RBI support aids
Updated On : 04 Sep 2024 | 5:42 PM IST