Page 294 - Reuters/workspace/business Standard Web/video

Sri Lankan president's NPP secures majority in parliamentary election

Dissanayake, a political outsider in a country dominated by family parties for decades, comfortably won the island's presidential election

Samsung Electronics plans $7.2 bn buyback to boost shareholder value

The board of directors will decide on ways to enhance shareholder value, including when and how to use the remaining seven trillion in the repurchase programme, the company said

China, UAE may cut Iran condensate imports if Trump tightens curbs: FGE

Condensate, an ultra light oil, is typically processed at splitters to produce mainly petrochemical feedstock naphtha or used as a diluent for heavy crude such as those from Venezuela

Chinese defence firms to join Vietnam arms fair as military ties grow

The two countries are close economic partners but have long been embroiled in maritime disputes in the South China Sea, where they have overlapping claims. They also fought a brief border war in 1979

Gold premiums reach 4-month peak as price drop attracts customers

Despite gold trading significantly below its record high, a shift toward precious metals in China has not been noticed yet, said Hugo Pascal, a precious metals trader at InProved

NTPC-ONGC green energy joint venture bids $650m for Ayana Renewable

Ayana Renewable Power, owned by NIIF, British International Investment Fund and Green Growth Equity Fund, operates solar and wind plants that produce 1,600 megawatts in India and has another 2,500

Lenovo looks to expand as Q2 results beat estimates; eyes AI growth

The Chinese technology company reported revenue of $17.9 billion for the quarter ended Sept 30, exceeding analysts' expectations of $16 billion

Donald Trump picks North Dakota Governor Burgum for interior secretary

Interior Secretary will oversee policies guiding the use of 500 million acres (202.3 million hectares) of federal and tribal land, a fifth of the nation's surface area

US President Biden to bid farewell at APEC, G20 under Trump's shadow

Meetings over six days are not expected to yield any major new agreements, senior Biden administration officials said, even as they are likely to touch on trade, security and global alliances

China's new home prices post steepest annual decline in nine years

In annual terms, new home prices slid 5.9 per cent in October, in their 16th consecutive month of declines, after a 5.8 per cent drop in September

Donald Trump picks Jay Clayton as Manhattan's top federal prosecutor

Clayton is likely to be seen as a somewhat unconventional pick for the office known for high-profile financial crime and public corruption prosecutions

Chinese self-driving firm Pony AI seeks around $4.5 bn valuation in US IPO

Two investors, including Chinese carmaker BAIC, have indicated on buying shares worth $74.9 million in the IPO

Berkshire bites into Domino's Pizza, dips into Pool as stock retreat

The investments were disclosed in a US Securities and Exchange Commission filing detailing Berkshire's US-listed investments as of Sept 30

Bluesky attracts millions of users as they leave Musk's X after Trump win

X was called out by misinformation experts during the election for playing a central role in enabling the spread of false information about the critical battleground states

Saudi Arabia scales back on NEOM plans to prioritise sports as costs rise

Crown Prince Mohammed bin Salman has poured hundreds of billions of dollars into development projects through the kingdom's PIF sovereign wealth fund

Glenmark Pharma Q2 results: PAT rises to Rs 354 cr on chronic drugs demand

The drugmaker reported a consolidated profit of Rs 354 crore (nearly $42 million) for the quarter ended Sept. 30, compared with a loss of Rs 81.95 crore a year ago

ECB members divided on risk of excessively weak inflation, show accounts

The ECB cut rates for the third time this year in October and made clear that further easing is coming given a weak economy and diminishing price pressures

Sebi flags need for tighter regulations as royalty payments increase

Securities and Exchange Board of India (Sebi) said one out of two times listed companies that paid royalty, did not pay dividend or paid more royalty to RPs than dividend paid to other shareholders

Over 800 million adults have diabetes globally, many untreated: Study

In 2022, there were around 828 million people aged 18 years and older with type 1 and type 2 diabetes worldwide, the study found

Unilever eyes sale of Dutch brands Unox, Conimex in turnaround strategy

Unilever has lined up ABN Amro to conduct a sale of some of the Dutch food brands, including Unox soups and Conimex seasonings