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Storms kill at least 8 in Canada, leave half a million without power

The storms, which lasted more than two hours Saturday afternoon and packed the power of a tornado, left a trail of destruction in parts of Ontario and Quebec

Hyundai Motor Group to invest more than $10 billion in US up to 2025

Hyundai Motor Group on Friday announced plans to invest $5.5 billion in Georgia to build EV and battery facilities.

Saudi wealth fund takes $1.5 billion stake in Prince Alwaleed's firm

The Public Investment Fund acquired a 16.9 per cent stake in Kingdom Holding for 9.09 riyals a share, according to a statement on Sunday

Taiwan not included in launch of new Biden Indo-Pacific pact: Report

The US president is slated to highlight the launch of the framework as he meets with Japanese Prime Minister Fumio Kishida on Monday

Centre likely to spend another $26 billion in FY23 to fight inflation

The government estimates another Rs 500 billion additional funds will be needed to subsidise fertilisers, from the current estimate of Rs 2.15 trillion, two officials said

Paytm payments bank expects RBI curbs to be lifted in 3-5 months: Executive

The bank is working with the RBI to complete the IT audit and address the regulator's concerns, says Madhur Deora.

At WEF, Indian crypto app CoinSwitch seeks regulatory 'peace, certainty'

CoinSwitch, which is valued at $1.9 billion, says it is the largest crypto company in India with more than 18 million users.

Ukraine comes to Davos gathering of business leaders, Russia is missing

Ukraine is top of the agenda for the four-day meeting, which kicks with a video address by Ukrainian President Volodymyr Zelenskiy.

General Atlantic plans $2 bn investment in India and Southeast Asia

Region's startups more attractive, says senior executive of company at World Economic Forum summit in Davos.

Indian steelmakers face hit on Europe deals over export tax: JSPL executive

Due to a hit taken by steelmakers based in India, they would be forced to cancel European orders amid an excise cut of 15%

India looking at spending Rs 2 trillion more to fight inflation: Report

To fight the ongoing inflation in the global market, India is looking at spending an additional 2 trillion rupees and balance the national economy

Biden' economic plan for Japan faces criticism even before launch

US President's Joe Biden's offering of grants to Indo-Pacific region, starting with Japan was not taken in good spirit and was heavily criticised.

Quad countries to launch tracking system to monitor illegal Chinese fishing

U.S. President Joe Biden is visiting Japan to attend the meeting of the Quad group of countries which have increased cooperation in the face of China's growing assertiveness

Australia's new PM Anthony Albanese: A pragmatist who promises unity

Labor's election campaign spotlighted Albanese's working-class credentials and his image as a pragmatic unifier

Aus PM Morrison concedes, ending nearly a decade of conservative rule

Partial results showed Morrison's Liberal-National coalition had been punished by voters in Western Australia and affluent urban seats in particular

Russia says 963 Americans are banned from entering, adds 26 new Canadians

The largely symbolic travel bans form part of a downward spiral in Russia's relations with the West since its Feb. 24 invasion of Ukraine

Shanghai makes way towards Covid lockdown exit, Beijing plays defence

Shanghai cautiously works to restore transport services; Shanghai reports mostly zero new community cases this week; Beijing on edge as new infections keep appearing

Dollar catches a break after bruising week as investors turn risk averse

The dollar rose 0.3% against the euro as US stocks tumbled on Friday, putting the S&P 500 Index on the verge of confirming it has been in a bear market since hitting a record high in January.

Musk denies he sexually harassed flight attendant; Tesla shares sink

Tesla Inc Chief Executive Elon Musk has denounced as "utterly untrue" claims in a news report that he sexually harassed a flight attendant on a private jet in 2016.

Russia says destroyed 'large' shipment of Western weapons to Ukraine

The West has stepped up weapons supplies to Ukraine since Russia's Feb. 24 invasion and Russia's military is trying to intercept and destroy them