Page 297 - Reuters/workspace/business Standard Web/video

India extends operation of imported coal-based power plants: Circular

Mandate comes despite the country's coal fired power output falling for a second straight month in September on an annual basis due to slower growth in electricity usage and surge in solar generation

High food prices pushing customers to curtail spending ahead of festivals

In September, retail inflation was 5.49 per cent and food inflation at 9.24 per cent. Vegetable prices were 36 per cent higher than a year ago

Germany must forge new policy to save its industry, says Chancellor Scholz

Fears of de-industrialization came into focus last month when carmaker Volkswagen announced it was considering for the first time in its history closing factories in Germany

Zelenskyy unveils 'victory plan' as Ukraine faces precarious moment in war

Zelenskyy, who has unrelentingly called for a "fair" end to the war, says his plan is needed to force the Kremlin to negotiate in good faith

People in Punjab fear dispute with Canada endangers work, study plans

Indians have made up Canada's largest group of international students in recent years, mainly from Punjab, holding more than 41% of student permits in 2022

Airbus likely to cut up to 2,500 jobs in defence, space divisions: Report

The European planemaker aims to implement the cuts, which represent 7 per cent of its workforce in the Defence & Space unit, by the middle of 2026

Fund managers pare India allocation in favour of China: BofA survey

Foreign investors have taken out nearly $8 billion from Indian equities so far in October, on track to be the largest outflow since March 2020 at the peak of the pandemic fears

'Age of electricity' to follow looming fossil fuel peak, says IEA

Surplus fossil fuel supplies would likely lead to lower prices and could enable countries to dedicate more resources to clean energy, moving the world into an age of electricity, they said

US fund urges Seven & i to allow due diligence on Couche-Tard buyout offer

Artisan has been among some of Seven & i's vocal foreign investors who have urged the company to focus on its core convenience store business

Pakistan PM Sharif bats for expansion of China's Belt and Road Initiative

The BRI is a $1 trillion plan for global infrastructure and energy networks that China launched a decade ago to connect Asia with Africa and Europe through land and maritime routes

NYT sends AI startup Perplexity 'cease and desist' notice over content use

Perplexity had previously assured publishers it would stop using "crawling" technology, according to the letter. Despite this, NYT said its content still appears in Perplexity

EU AI act checker exposes compliance gaps in big tech's AI models

However, the company's "Large Language Model (LLM) Checker" uncovered some models' shortcomings in key areas, spotlighting where companies may need to divert resources in order to ensure compliance

Horizon Robotics targets $696 mn Hong Kong IPO, city's largest in 2024

If successful, the IPO will be the largest in Hong Kong in 2024, eclipsing China Resources Beverage which began book-building on Tuesday for its up to $650 million listing

Horizon Robotics targets $696mn Hong Kong IPO, city's largest in 2024

If successful, the IPO will be the largest in Hong Kong in 2024, eclipsing China Resources Beverage which began book-building on Tuesday for its up to $650 million listing

Will not renounce use of force over Taiwan, says China after recent turmoil

Taiwan's government rejects Beijing's sovereignty claims, saying only the island's people can decide their future

Boeing employees hold rally in Seattle as strike enters second month

Investors and regulators have had Boeing under the microscope since a door panel flew off a near-new 737 MAX jet in midair in January

Asian markets decline as chip stocks fall, China remains in focus

The euro loitered around two month lows and last fetched $1.0887 in early trading ahead of the European Central Bank's policy meeting on Thursday, where the central bank is largely expected to cut

Adani Green calls off dollar bond sale as investors bid at higher yields

Investors were seeking higher yields due to broader market uncertainty related to the US presidential elections and domestic political risks which could impact the bond issuers' repayment ability

Hezbollah says it will cause Israel pain but also calls for ceasefire

On Monday, Prime Minister Benjamin Netanyahu said Israel would continue to attack Hezbollah "without mercy, everywhere in Lebanon " including Beirut"

Citigroup profit beats estimates in Q3 on surge in investment banking

The third-largest US lender's dealmakers joined rivals at JPMorgan Chase and Wells Fargo in benefiting from a rebound in capital markets as corporate clients issued more debt and equity