Reuters News

Adani Market Losses Snowball to $100 bln on Shelved Share Sale

Adani Market Losses Snowball to $100 bln on Shelved Share Sale

In a late night announcement on Wednesday, Adani said he was withdrawing the share sale as the company's "stock price has fluctuated over the course of the day. Given these extraordinary

Feb 02, 2023, 13:02 PM IST
Australia to Replace Portrait of Queen Elizabeth II on its Banknote

Australia to Replace Portrait of Queen Elizabeth II on its Banknote

Queen Elizabeth's death last year has reignited debate in Australia about its future as a constitutional monarchy.

Feb 02, 2023, 12:32 PM IST
Microsoft Rolls Out ChatGPT-Enabled Premium Version of Microsoft Teams

Microsoft Rolls Out ChatGPT-Enabled Premium Version of Microsoft Teams

OpenAI-owned ChatGPT will generate automatic meeting notes, recommend tasks and help create meeting templates for Teams users.

Feb 02, 2023, 10:51 AM IST
Adani Loses Asia's Richest Crown as Stock Rout Deepens to $84 billion

Adani Loses Asia's Richest Crown as Stock Rout Deepens to $84 billion

 The losses mark a dramatic setback for Adani, the school-dropout-turned-billionaire whose business interests stretch from ports and airports to mining and cement.

Feb 01, 2023, 16:21 PM IST
UK to see Biggest Strike Action in Years, over 5 Lakh People to Take Part Today; Here's why

UK to see Biggest Strike Action in Years, over 5 Lakh People to Take Part Today; Here's why

Up to 5,00,000 British teachers, civil servants, train drivers and university lecturers will strike on Wednesday, the highest number for at least a decade.

Feb 01, 2023, 14:38 PM IST
Green Comet 'C/2022 E3' to Pass by Earth for First Time in 50,000 years This Week, but can you see it?

Green Comet 'C/2022 E3' to Pass by Earth for First Time in 50,000 years This Week, but can you see it?

The green comet, whose formal name is C/2022 E3 (ZTF), will swing by Earth at a distance of about 42.5 million km.

Feb 01, 2023, 11:34 AM IST
Cash-Strapped Pakistan Hold Talks With IMF in bid to Unlock $7 Billion Bailout

Cash-Strapped Pakistan Hold Talks With IMF in bid to Unlock $7 Billion Bailout

The IMF funding is critical for Pakistan, which has barely enough foreign exchange reserves to cover three weeks of imports. 

Feb 01, 2023, 06:40 AM IST
Dutch Tech Giant Philips to Cut 6000 Jobs, 13% Workforce Globally After Falling Profits

Dutch Tech Giant Philips to Cut 6000 Jobs, 13% Workforce Globally After Falling Profits

Dutch tech giant Philips has annonced its plans to cut almost 6000 jobs, or 13% workforce worldwide in order to make the company profitable again.

Jan 31, 2023, 12:30 PM IST
India's Gold Consumption in 2022 Drops 3% Amid High Prices Rally: World Gold Council

India's Gold Consumption in 2022 Drops 3% Amid High Prices Rally: World Gold Council

Two-thirds of India's gold demand usually comes from rural areas, where jewellery is a traditional store of wealth. Gold is an essential part of the bride's dowry in India and also a popular gift

Jan 31, 2023, 12:12 PM IST
'My gut Tells me we Will Fight in 2025': US General Warns of war With China

'My gut Tells me we Will Fight in 2025': US General Warns of war With China

"I hope I am wrong," four-star US Air Force General Mike Minihan, who heads the Air Mobility Command, said as he predicted that the United States would fight China in the next two years.

Jan 29, 2023, 09:46 AM IST
Twitter New Policy: Users can Appeal for Account Suspensions on Platform Starting from Feb 1

Twitter New Policy: Users can Appeal for Account Suspensions on Platform Starting from Feb 1

Twitter is doing several changes in recent days including overhauling the platform's UI, making Ad-free, recommending tweets, more since Elon Musk overtook Twitter's rein. 

Jan 28, 2023, 07:56 AM IST
Software Giant SAP Announces to Cut 3000 Jobs, 2.5% of its Global Workforce in Coming Days

Software Giant SAP Announces to Cut 3000 Jobs, 2.5% of its Global Workforce in Coming Days

SAP SE is a European multinational software company based in Walldorf, Baden-Württemberg, Germany. It develops enterprise software to manage business operations and customer relations. 

Jan 26, 2023, 15:38 PM IST
'Victory is inevitable': Putin has 'no doubt' Russia will win war against Ukraine

'Victory is inevitable': Putin has 'no doubt' Russia will win war against Ukraine

President Vladimir Putin said Russia was fighting in Ukraine to defend ethnic Russians and Russian-speakers, which Moscow says are subject to systematic discrimination in Ukraine.

Jan 19, 2023, 08:38 AM IST
Budget 2023: Central govt planning rate changes, revise slabs in new TAX structure

Budget 2023: Central govt planning rate changes, revise slabs in new TAX structure

While the new optional income tax scheme - announced in 2020 to make tax compliance simpler - offers lower headline taxation rates on annual income, experts say it is unattractive to many as it does

Jan 17, 2023, 17:41 PM IST
Indian startup ShareChat lays off its 20% employees amid pressure from investors for cost cutting

Indian startup ShareChat lays off its 20% employees amid pressure from investors for cost cutting

Valued at $5 billion, Bengaluru-based ShareChat has more than 2,200 employees and is spreading its team globally across India, the United States and Europe, according to its website.

Jan 16, 2023, 16:02 PM IST
Nepal plane crash: At least 40 of 72 people onboard Yeti Airlines plane confirmed dead

Nepal plane crash: At least 40 of 72 people onboard Yeti Airlines plane confirmed dead

The Yeti Airlines plane crashed at Pokhara International Airport had 72 people onboard, including 5 Indians and 4 crew members.

Jan 15, 2023, 13:19 PM IST
Indian govt lets banks to use face recognition, iris scan for some transactions

Indian govt lets banks to use face recognition, iris scan for some transactions

The Aadhaar card has a unique number tied to an individual's fingerprints, face and eye scan. India's finance ministry in December asked banks to take "necessary action" on a letter by the Unique

Jan 15, 2023, 08:03 AM IST
Alireza Akbari, British-Iranian accused of spying, executed by Iran; Rishi Sunak calls it 'cowardly act'

Alireza Akbari, British-Iranian accused of spying, executed by Iran; Rishi Sunak calls it 'cowardly act'

Alireza Akbari, a British-Iranian national, once served as Iran's deputy defence minister.

Jan 15, 2023, 07:18 AM IST
Apple CEO Tim Cook takes 40% pay cut for FY 2023

Apple CEO Tim Cook takes 40% pay cut for FY 2023

For 2023, Cook’s compensation target was set at $49 million, more than 40% lower than his 2022 pay. Apple made the changes after 64% of shareholders approved Cook’s pay package at its annual meeting

Jan 13, 2023, 09:26 AM IST
US first lady Jill Biden has surgery to remove cancerous skin lesions, White House says 'she is doing well'

US first lady Jill Biden has surgery to remove cancerous skin lesions, White House says 'she is doing well'

US first lady Jill Biden, accompanied by President Joe Biden, had cancerous skin lesions removed from her face and chest during surgery, and a third lesion was removed from her left eyelid and sent

Jan 12, 2023, 09:21 AM IST