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Elon Musk sends more money to back Trump, giving $44 mn to super PAC

America PAC, which is focused on turning out voters in closely contested states that could decide the election, also disclosed spending more than $47 million in the first half of October

Core inflation in Japan's capital slips below BOJ's target in October

BOJ Governor Kazuo Ueda has said the bank will keep raising rates if inflation remains on track to stably hit 2 per cent as it projects

China shuts supply to rebels, backs Myanmar's falling junta in civil war

A year on, rebel forces have ground down the junta, pushing the military out of vital borderlands and making inroads into the contested heart of Myanmar

Japan, US finance chiefs discussed FX moves in bilateral meeting: Official

A weak yen has become a source of concern for Japanese policymakers as it hurts households and retailers by pushing up the cost of raw material imports

UK classic sports cars startup RBW EV Cars launches supplier business

CEO Swain said RBW aimed to make 300 of its own-brand EVs annually, and also produce up to 3,000 EV systems for other automakers via its Spirit EV unit

US court blocks Tapestry's $8.5 bn acquisition of rival Capri; win for FTC

Decision comes as a win for the Biden administration ahead of the Nov 5 presidential election, in which rising consumer prices have become a top concern for voters

Apple's Q3 China smartphone sales slip 0.3% while Huawei's jump 42%

Vivo, which primarily sells budget phones, was the top vendor with a market share of 18.6 per cent

G20 ministers agree global trade may help sustainable growth, women's role

Proposals agreed by G20 trade ministers meeting in Brasilia will be proposed to group's leaders at the annual summit hosted by Brazil in November in Rio de Janeiro

White House urges Boeing, striking machinists to work towards a deal

President Joe Biden directed his team to encourage parties to continue working to achieve an agreement

Patanjali Foods Q2 results: Net profit increases 21% to Rs 309 cr

The Ruchi Gold oil maker's profit rose to Rs 309 crore (about $37 million) for the three months ended Sept. 30, from Rs 255 crore a year earlier

RR Kabel Q2 results: PAT falls 33% to Rs 49.53 cr, revenue at Rs 1,810 cr

Revenue jumped 12.5 per cent to Rs 1,810 crore, while expenses grew to Rs 1,757 crore from Rs 1,520 crore, as raw material cost rose around 7 per cent

Swiggy cuts valuation target for IPO to $12.5-13.5 bn due to mkt volatility

Swiggy was earlier targeting a $15 billion valuation for its $1.4 billion November IPO which will be the country's second biggest stock offering this year, behind Hyundai India's debut this week

US weekly jobless claims drop by 15,000 to 227,000: Labour department

The labour department said that initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 227,000 for the week ended Oct.19

Mahanagar Gas Q2FY25 results: Net profit falls 16.5% to Rs 283 cr

State-backed natural gas distributor's profit after tax fell to Rs 283 crore (about $34 million) in the quarter ended Sept. 30 from Rs 339 crore a year earlier, the company said in an exchange filing

S&P Global raises annual profit forecast on demand for analytics products

S&P Global now expects its 2024 adjusted earnings per share between $15.10 and $15.30, compared with the prior view of $14.35 to $14.60

Castrol India Q2FY25 results: Net profit increases 6.7% to Rs 207 cr

The company, in which oil major BP has a 51 per cent stake, said profit after taxes rose to Rs 207 crore ($24.6 million) in the July-September quarter, from Rs 194 crore a year ago

United Breweries Q2 results: Net profit increases 23% to Rs 132 cr

The brewer, which is majority-owned by Netherlands-based Heineken, reported a 13 per cent rise in quarterly revenue to Rs 4,742 crore

Commonwealth leaders to discuss slavery reparations, climate change

Island leaders are expected to issue a declaration on ocean protection at the summit, with climate change being a central topic of discussion

Unilever to revamp Indonesia operations amid revenue drop, boycotts

The company's CEO Hein Schumacher acknowledged "long standing issues" in the country. He said Unilever was "making in Q3 and Q4 a significant intervention in Indonesia that is not going to yield

Oil prices rise 1% as tensions in West Asia heighten supply concerns

Oil prices have gained about 4 per cent this week after shedding more than 7 per cent last week on concerns of oversupply and weak demand and a perceived calming of Middle East tensions