Page 594 - Reuters/workspace/business Standard Web/video

Chief executives of Air India, Akasa joust over poaching of pilots

The rare verbal and written confrontations between the airlines' chief executives were detailed in the letter, sent by Campbell Wilson of Air India, which is owned by the Tata Group conglomerate

Alliance of 40 countries to vow not to pay ransom to cybercriminals: US

In ransomware attacks, hackers encrypt an organization's systems and demand ransom payments in exchange for unlocking them

Indian Oil posts Q2 profit vs yr-ago loss on strong refining margins

The state-owned company posted a net profit of Rs 12,967 crore ($1.56 billion) for the quarter ended Sept 30

Arvind profit falls 36% in Sept qtr as textiles drag despite low costs

Textile companies have hit a rough patch due to low cotton arrivals, higher import duty and energy costs, and an inventory pile-up, analysts said

Canada bans messaging platforms WeChat, Kaspersky on government devices

China's foreign ministry said the Canadian government had issued a ban on Chinese enterprises without any real evidence, under the guise of maintaining data security

BP's $3.3 billion profit misses forecast on weak gas, dividend unchanged

The British company maintained its dividend at 7.27 cents per share and extended its $1.5 billion share buyback programme over the next three months, leaving its payout policy unchanged

Gold demand loses lustre in peak festival season in India as prices rally

India is the world's second-largest gold consumer, and a drop in purchases could limit a rally in global prices. Falling demand for gold imports could also help narrow India's trade deficit

Close to taking over ArcelorMittal unit, no plans to resell: Kazakhstan

Sharlapayev told reporters the government would not spend money from the budget on the deal, but did not say how much Kazakhstan was going to pay

China's manufacturing activity returned to contraction in Oct, shows data

Policymakers have since June unveiled a raft of measures to shore up growth, including modest interest rate cuts, increased cash injections and more aggressive fiscal stimulus

Paid $26 billion to be default search engine, says Google's Raghavan

The amount of money Google has paid other companies for default status for its search engine has more than tripled since 2014, Raghavan said

Google CEO lashes out at Microsoft in defense of search practices at trial

In testimony Monday morning, Pichai took a couple of swipes at Microsoft's browser, Internet Explorer

UAW reaches deal with GM, ending strike against Detroit automakers

The GM workers will return to work after an official announcement of the deal, two sources said

ETF debuts in US set to break 2021 record as active-fund issues jump

Last month, ETF debuts set a monthly record of 69. So far in October, the total stands at 47, according to Morningstar Direct data

Crude oil falls over 2% as concerns about West Asia affecting supply

Crude had jumped 3% on Friday after Israel stepped up ground incursions into Gaza, stoking worries the conflict could expand in a region that accounts for a third of global oil output

Cleared all payments pending for Russian oil purchases: BPCL official

The Indian government has expressed discomfort over settling payment for Russian oil in Chinese yuan

McDonald's gets sales lift from cheaper menu, McNuggets promotion

McDonald's has done a "fantastic job" in returning to menu items that have performed well over time to boost sales and margins, Stephens analyst Joshua Long said

Meta platform introduces ad-free plans for Instagram, Facebook in Europe

The EU regulations threaten to curb Meta's ability to personalize ads for users without their consent and hurt its major revenue source

Castrol India Q3 results: Net profit rises 4% at Rs 194 cr on steady demand

Rainfall in September made up for a deficit in the first half of the quarter, according to analysts, leading to a recovery in rural demand, particularly in sectors such as two-wheelers

Hope diplomatic row with Qatar will not hurt LNG import deals: Petronet CEO

The government in New Delhi said last week it was "deeply shocked" by a decision by a Qatar court to impose the death penalty on eight Indians arrested in the country last year

Pak central bank keeps key rate unchanged at 22% ahead of IMF's visit

Inflation rose sharply to 31.4% in September on the back of a record fuel price hike, but the government has since slashed prices at the pump