Page 228 - Reuters/workspace/business Standard Web/video

CBI names Diageo, Sequoia Capital in case alleging suspicious payments

The agency said Diageo suffered a huge loss from the 2005 embargo on its products by the India Tourism Development Corp, a firm majority-owned by the government that had a monopoly

Mercedes-Benz 2024 car sales fell 3% in a tough year for automakers

Annual sales of battery-electric cars (BEV) dropped by 23 per cent to 185,100 vehicles, adding pressure on the carmaker as new, harsher EU CO2 emission reduction targets take effect this year

Prada mulls Versace buy as Capri seeks buyers with Barclays' help

Last month, trade journal Women's Wear Daily had reported that the US luxury conglomerate, which also owns Michael Kors, was working to find buyers for some of its brands, including Versace

Nvidia criticises Biden's plan to impose restrictions on AI chip exports

Nvidia's Finkle said the reported policy was disguised as an anti-China move

Nomura hires Sudhir Nemali as international wealth chief operating officer

Nemali, who has over three decades of wealth management experience, is joining from Deutsche Bank, where he was most recently the chief operating officer for wealth management

Trudeau criticises Trump's proposed US tariffs on Canadian products

Trump says he will impose 25 per cent tariffs on all Canadian imports unless Ottawa boosts border security

Union, employers credit Trump in US port deal that may shape future talks

The success of the International Longshoremen's Association in winning Trump's support for its anti-automation battle could be instructive for unions facing contract renewals during his term

Musk asks state AGs to auction OpenAI stake in nonprofit restructuring

Musk's attorney sent a letter to the states' top law officers in which he argued they should provide a process for competitive bidding to determine fair market value of OpenAI's charitable assets

US Senate panel to hold hearings on Donald Trump energy picks next week

The committee will hold a hearing to consider Doug Burgum, Trump's nominee to be secretary of the interior, on Tuesday, Jan. 14

Hyundai launches $18,000 compact EV in Japan to penetrate EV-wary market

The Japan launch of the Hyundai Inster follows attempts by foreign brands such as Tesla to enter a country which has seen a slow take-up of EVs

Donating $1 million to Trump presidential inaugural fund, says Boeing

Boeing is joining many major US companies including General Motors, Ford, Microsoft and Meta in donating for the Jan. 20 event

Consumer inflation likely eased to 5.3% in Dec on modest food prices: Poll

Food prices, which make up nearly half of the country's consumer price index (CPI) basket, have kept inflation elevated in recent months, largely driven by a sustained surge in vegetable prices

TCS bets on Prez-elect Trump to boost US client confidence, spending

The comments came after the leader of the $254 billion Indian IT sector reported a decline in North American revenue for the fifth-straight quarter

Russia has Arctic interests, says Kremlin on Trump remarks on Greenland

Trump has also floated the idea of turning Canada into a U.S. state and promised to change the name of the Gulf of Mexico to the Gulf of America

California fires: Hollywood Hills burn as 'the big one' engulfs Los Angeles

More than 100,000 people were ordered to evacuate as dry, hurricane-force winds spread flames across parched ground that has seen no rain for months

Tata Elxsi Q3 results: PAT falls 3.6% to Rs 199 cr, revenue at Rs 939 cr

The company's revenue from operations rose 2.7 per cent to Rs 939 crore ($109.40 million) for the quarter ended Dec. 31, below analysts' estimate of Rs 969 crore

China's auto exports may be slow in 2025, EV shipments to face zero growth

The outstanding growth in China in a largely stalling global EV landscape bode well for local leaders such as BYD , Geely and Xiaomi

Rupee's slide may continue despite higher rate cut expectations: Survey

The rupee is currently overvalued by 8 per cent compared to its trading peers, according to RBI data on the real effective exchange rate

Little change in oil prices as markets weigh demand against US inventories

Global oil demand is expected to remain strong throughout January, fuelled by colder than normal winter conditions

Aggressive pricing for Exim Bank's $1 bn debt hints at another robust year

Exim sold 10-year dollar-denominated bonds at 5.50 per cent, a spread of 100 basis points above the US Treasury yield and 30 bps below its initial guidance