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Swiggy IPO gets bids of $15 billion from big investors like Norges, Fidelity, sources say

By Aditya Kalra and Indranil Sarkar NEW DELHI (Reuters) - Big investors including Norway's sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy's India IPO,

Reuters

Thu, Oct 31

Analysis-Europe's growth rebound hinges on savings puzzle

By Balazs Koranyi FRANKFURT (Reuters) - European families are sitting on an ever-growing pile of savings, confounding hopes that consumer largesse can boost the region's economy as it falls yet

Reuters

Thu, Oct 31

Too early to discuss increasing Egypt's loan, IMF official says

By Rachna Uppal DUBAI (Reuters) - The International Monetary Fund's (IMF) $8 billion programme for Egypt is making progress, with the fund's top regional official stating that any discussions to

Reuters

Thu, Oct 31

Toyota, NTT to invest $3.3 billion on development of AI platform

TOKYO (Reuters) -Toyota Motor and Nippon Telegraph and Telephone (NTT) plan to invest a total 500 billion yen ($3.27 billion) by 2030 into an infrastructure and software platform using artificial

Reuters

Thu, Oct 31

ECB's Lagarde: inflation should stabilise at 2% target in 2025

PARIS (Reuters) - Euro zone inflation will durably reach the European Central Ban's 2% target in the course of 2025, ECB President Christine Lagarde told a French newspaper, largely repeating her

Reuters

Thu, Oct 31

Baseball-Dodgers' Freeman caps difficult season with World Series MVP award

By Amy Tennery NEW YORK (Reuters) -Freddie Freeman was named the Most Valuable Player of a star-studded World Series on Wednesday in a storybook ending to what has been a challenging season both on

Reuters

Thu, Oct 31

Clouds gather over 'Mag 7' earnings

A look at the day ahead in European and global markets from Kevin Buckland Mega-tech earnings remain in the spotlight on Thursday, particularly after the Bank of Japan's as-expected decision to hold

Reuters

Thu, Oct 31

Seoul imposes new export curbs on North Korea targeting materials for solid-fuel missiles

SEOUL (Reuters) - South Korea announced on Thursday new export controls on materials needed to produce solid-fuel missiles in order to restrict North Korea's ballistic missile development, Seoul's

Reuters

Thu, Oct 31

China's Shanghai braces for torrential rain as Typhoon Kong-rey advances

BEIJING (Reuters) - China's financial hub Shanghai is bracing for potentially the worst rains in more than 40 years as Typhoon Kong-rey looks set to arrive from the south to sweep along the eastern

Reuters

Thu, Oct 31

South Korean court grants bail to Kakao founder Kim Beom-su

SEOUL (Reuters) - A South Korean court has granted bail to local tech giant Kakao founder Kim Beom-su, also known as Brian Kim, the Seoul Southern District Court said on Thursday. Kim was arrested

Reuters

Thu, Oct 31

Australian banks brace for lower earnings as costs, competition bite

By Roushni Nair (Reuters) - Australia's biggest banks are expected to report lower annual earnings next week, with investors focused on whether intense competition in lending and the rising costs of

Reuters

Thu, Oct 31

Inaction on emissions could cut developing Asia's GDP by 17% by 2070, ADB says

MANILA (Reuters) - Developing Asia faces a potential 17% loss in its collective gross domestic product (GDP) by 2070 if high emissions persist, the Asian Development Bank (ADB) said on Thursday,

Reuters

Thu, Oct 31

Spanish floods kill 95 as year of rain falls in a day in Valencia

By Eva Manez and David Latona LA ALCUDIA, Spain (Reuters) - At least 95 people have been killed in possibly the deadliest flooding to hit Spain in its modern history after torrential rain battered the

Reuters

Thu, Oct 31

Microsoft forecasts slower cloud business growth in second quarter

By Deborah Mary Sophia, Aditya Soni and Anna Tong (Reuters) -Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its cloud business Azure, signaling

Reuters

Thu, Oct 31

Chinese EV maker BYD's net profit up 11.5%

(This Oct. 30 story has been refiled to clarify BYD's revenue win in paragraph 3) BEIJING (Reuters) - Chinese electric vehicle maker BYD posted an 11.5% rise in third-quarter net profit on Wednesday

Reuters

Thu, Oct 31

Bosch cuts revenue forecast for coming year, layoffs not ruled out

BERLIN (Reuters) - The chairman of German auto parts supplier Robert Bosch warned on Thursday of declining revenue in the coming year, and said he cannot rule out further job cuts in Germany in

Reuters

Thu, Oct 31

China Oct PMI expansions point to impact of fiscal support

By Joe Cash BEIJING (Reuters) - China's manufacturing activity expanded for the first time in six months and services picked up in October, indicating that Beijing's latest stimulus measures are

Reuters

Thu, Oct 31

China's big banks post Q3 profit gains, squeeze on net interest margins

BEIJING/SHANGHAI (Reuters) - China's largest lenders posted increases in their third-quarter profits on Wednesday, mostly on reduced provisions, with slimmer net interest margins for some. The

Reuters

Thu, Oct 31

Exclusive-China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

SHANGHAI (Reuters) -China has told its automakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said,

Reuters

Thu, Oct 31

Chinese smartphone maker Honor announces new investors

By David Kirton SHENZHEN, China (Reuters) - Chinese smartphone maker Honor announced on Thursday new investors that included China Telecom and a unit of CICC Capital Corp, almost a year after it said

Reuters

Thu, Oct 31

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