Page 1297 - Reuters/workspace/business Standard Web/video

Softbank partners Oyo in Latam; to control 1,000 hotels in Brazil, Mexico

The move comes as Oyo, valued at $10 billion in its most recent fundraising round, has been forced to cut costs and rein in its expansionist strategy in global markets

US polls: Wild swings in markets expected, investors prepare for big moves

Trump's largely unexpected victory set off violent swings in markets on election night in 2016, with gold, the Mexican peso and stock futures among the assets experiencing wild gyrations

How TikTok row may build a bridge between Beijing and ByteDance founder

China entered the fray on August 28, by revising a tech export control list that experts said would give them regulatory oversight over any TikTok deal

Goldman Sachs joins Ant Group's up to $30 bn IPO banking syndicate: Report

Ant, backed by Chinese e-commerce giant Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai

No cause yet for European Central Bank alarm over euro strength

Since mid-May, the currency has risen nearly 10%versus the dollar and futures markets show it has drawn a record number of bullish bets

Rates to stay low for 'however long it takes': US Fed Chair Jerome Powell

Jerome Powell said the US jobs report for August was "a good one," but noted that with gains likely to slow, the central bank is planning to keep its foot on the monetary policy gas pedal for years

Goldman Sachs joins Ant's up to $30 billion IPO banking syndicate: Report

Ant, backed by Chinese e-commerce giant Alibaba Group, plans to do a simultaneous listing in Hong Kong and Shanghai

Donald Trump administration weighs blacklisting China's chipmaker SMIC

SMIC is the largest Chinese chip manufacturer but is second-tier to rival Taiwan Semiconductor Manufacturing Co Ltd

US rural telecom networks need $1.8 bn to remove Huawei, ZTE equipment: FCC

FCC commissioners said the report shows the need for Congress to approve funding to replace that equipment

J&J seeking 20,000 Covid vaccine trial volunteers in hard-hit Latin America

Josue Bacaltchuk said countries hosting the trials would also likely get preferential access to vaccines once ready

US job growth loses speed as fiscal stimulus ebbs; permanent job losses up

Nearly a fifth of the job gains reported by the Labor Department on Friday were from the government's temporary hiring for the 2020 Census

Britain names former Australian PM Tony Abbott as trade adviser

Some British lawmakers have said Abbott was not suitable for the job

Beijing likely to dump US treasuries as US-China tensions soar: Report

China, the second largest non-U.S. holder of Treasuries, held $1.074 trillion in June, down from $1.083 trillion the previous month, according to latest official data

China plans $146 bn infra push in Tibet as tensions with India rise: Report

The renewed push to step-up development of the remote and impoverished southwestern region signals Beijing's intent to bolster frontier security amid heightened border tensions with India

Pakistan's flag carrier not to appeal EU ban, review turnaround strategy

The European Union Aviation Safety Agency (EASA) banned PIA from flying to the bloc in June over safety concerns

Changes to Indonesia central bank law raise fears over independence

A panel of experts issued recommendations this week to revise the 1999 central bank Act to a Parliament panel.

Kremlin says it wants dialogue with Germany over Navalny case

Germany, where Navalny is in hospital, has said he was poisoned with a Soviet-style Novichok nerve agent and wants the perpetrators held to account

European Union countries consider a climate target for every decade

The EU is aiming to strike a deal this year on a law to make its climate targets legally binding, and member states will start discussions next week on the text

World must unite, vaccine nationalism will only prolong Covid-19: WHO chief

The WHO and GAVI vaccine alliance are leading a global vaccine allocation plan known as COVAX aimed at helping buy and distribute vaccination shots fairly

India open to raising duties on auto imports to boost local production

Modi government wants companies to reduce imports, increase domestic production and play a bigger role in the global supply chain in an effort to make the country more self-reliant