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July 28, 2023 10:30 AM IST The company sold some 4.9 million vehicles globally in the six months through June, including of its luxury Lexus brand, compared with about 4.7 million vehicles during the same period in 2022.
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July 28, 2023 10:18 AM IST The BOJ kept the target for 10-year government bond yields at around 0% but said its 0.5% ceiling on yield movements was a reference point not a rigid limit. The bank left its short-term negative interest rate unchanged at -0.1%.
- July 28, 2023 10:13 AM IST
India could help save Southeast Asia's tourism industry as the steady stream of vacationers from the world's second-largest economy turns into a trickle
- July 28, 2023 08:30 AM IST
Bankman-Fried, 31, is fighting to stay out of jail ahead of his Oct. 2 trial on fraud charges, after prosecutors in Manhattan accused him of tampering with witnesses by sharing personal writings of his former romantic partner Caroline Ellison with a New York Times reporter.
- July 28, 2023 08:24 AM IST
The Systematic Investment Group, which had about 30 staff earlier this year, is being reorganized with some team members reassigned to different units while others are leaving to join external quant firms, according to people familiar with the matter.
- July 28, 2023 08:23 AM IST
The European central bank like the Fed has gone ahead and hiked interest rates by 25 basis points. This brings the main rate to 3.75% for the Euro region. Manipur crisis discussions in the parliament, opposition alliance members of INDIA are set to visit Manipur. The brand new Samsung watch and Tab were unveiled. Prices for India revealed. Watch this edition of Newspresso with Moneycontrol's Stacy Pereira.
- July 28, 2023 08:21 AM IST
The countries have raised objections in preparatory talks for a summit in Johannesburg next month where Brazil, Russia, India, China and South Africa will discuss potentially expanding the group to include Indonesia and Saudi Arabia.
- July 28, 2023 08:18 AM IST
Companies including Tencent Holdings Ltd. and Meituan received the requests from China’s Ministry of Commerce and the National Development and Reform Commission, people familiar with the matter said, asking not to be identified discussing private information.
- July 28, 2023 08:10 AM IST
The 10-year yield climbed to 0.505% on Friday, beyond the Bank of Japan’s cap of 0.5%, as pressure builds on the BOJ to adjust policy. While a majority of economists had projected the central bank would stand pat this week, the Nikkei reported that officials would discuss letting yields rise above its current limit by a “certain degree.”
- July 28, 2023 07:17 AM IST
Retention of users on the text-based app was better than executives had expected, though it was "not perfect," said Zuckerberg, speaking at an internal company town hall, the audio of which was heard by Reuters.
- July 28, 2023 07:04 AM IST
The company's board had in June ousted its fifth CEO in five years, leading some analysts to question whether billionaire investor Ryan Cohen, who is now executive chairman, can turn around GameStop.
- July 28, 2023 07:02 AM IST
Ford plans to quadruple sales of gas-electric hybrids in the next five years, as it struggles to reduce the cost of its money-losing first-generation battery electric vehicles, executives said.
- July 28, 2023 06:55 AM IST
About a decade ago, Tesla rigged the dashboard readouts in its electric cars to provide “rosy” projections of how far owners can drive before needing to recharge, a source told Reuters. The automaker last year became so inundated with driving-range complaints that it created a special team to cancel owners’ service appointments.
- July 28, 2023 06:44 AM IST
Thursday’s estimate from the Commerce Department indicated that the gross domestic product — the economy’s total output of goods and services — picked up from the 2% growth rate in the January-March quarter. Last quarter’s expansion was well above the 1.5% annual rate that economists had forecast.
- July 28, 2023 06:33 AM IST
The market for personal computers has tumbled over the past year, with inventory piling up because consumers had already bought machines needed during the pandemic.
- July 28, 2023 06:35 AM IST
Federal prosecutors unsealed the new indictment targeting the front-runner in the 2024 Republican presidential primary, who is set to go on trial as the election heats up in May of next year.
- July 28, 2023 06:12 AM IST
Meta says the rags-to-riches growth of Reels, which are viewable on both Facebook and Instagram, speaks in part to the company's improving recommendation software, long the Chinese-owned rival's strong point.
- July 28, 2023 06:13 AM IST
The two companies are soon expected to announce the plan to ink a basic supply agreement of EV batteries, the report said.
- July 28, 2023 12:58 AM IST
The company confirmed Thursday that its eliminating zone lead roles, a lower-level management position in its grocery stores that, among other things, oversees associates and deals with customer issues.
- July 28, 2023 12:38 AM IST
GDP growth in the world's biggest economy hit an annual rate of 2.4 percent for the April-June period, said the Commerce Department, despite analyst predictions of a cooldown from the two percent rate in the first three months this year.
- July 28, 2023 12:36 AM IST
As the World Meteorological Organisation and the European Commission's Copernicus Climate Change Service released official data confirming that July 2023 is set to be the hottest month ever recorded in human history, Guterres said humanity is in the hot seat.
- July 28, 2023 12:29 AM IST
If Trump is charged in connection with his efforts to reverse his election loss, it would be an extraordinary moment in which a former president — and current presidential candidate — stood accused of using the powers of his own government to remain in office against the will of the voters.
- July 27, 2023 11:46 PM IST
Biden said heat is the "number one weather-related killer" in the United States, causing 600 deaths every year.
- July 27, 2023 10:50 PM IST
Michelle Bowman and Christopher Waller, took the unusual step of publicly disagreeing with the proposals, putting on the record their strong opposition to some of the steps -- especially the proposal to raise capital requirements on average by 16 percent.
- July 27, 2023 10:46 PM IST
According to a 2019 study, Europe lost one-third of its seagrass regions between the 1860s and 2016, releasing carbon into the atmosphere and accelerating global warming.
