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coking coal, especially from major producer Australia, officials at four domestic mills said. Steel mills are likely to raise rates by $25 to $50 a metric ton by December, said the officials, who did not wish to be named as they are not authorised to speak to media.

Walt Disney Co. is holding preliminary discussions with potential buyers for its India streaming and television business including billionaires Gautam Adani and Kalanithi Maran, according to people familiar with the matter. The US entertainment giant’s senior executives have also gauged the interest of private equity funds considering the company is exploring a range of options, which could involve selling part of the Indian operations or a combination of the unit’s assets including sports rights and regional streaming service Disney+ Hotstar, the people said, asking not to be identified because the discussions are private. Asset-sale talks have already been held with Reliance Industries Ltd., controlled by Asia’s richest person, Mukesh Ambani, Bloomberg News reported earlier on. Disney has been weighing strategic options for its business in India including an outright sale or setting up a joint venture, Bloomberg News reported in July after the unit lost its streaming rights to the Indian Premier League cricket tournament to Viacom18 Media Pvt.

Barclays bank to lay off over 450 employees in UK Sood, Chakka, Credit Suisse and Barclays did not comment on questions. Earlier in August, Barclays PLC named new executives to its top management in India, a major overseas market for the lender.

Nifty 50 today: Frontline indices the Sensex and the Nifty 50 ended higher on Friday, October 6, extending their gains into the second consecutive session after the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained a status quo on repo rates and policy stance, in line with expectations. RBI's MPC unanimously decided to keep the repo rate unchanged at 6.5 per cent on Friday. The central bank also retained its policy stance as the "withdrawal of accommodation" with five out of six MPC members voting in favour of this.

The United Kingdom has an opportunity to capitalize on the departure of Web3 firms leaving the United States due to regulatory uncertainty. But to achieve that, the U.K. will need to follow its own regulatory path, smoothing the requirements for crypto in some regard, according to a think tank.

Reserve Bank of India (RBI) maintains a tighter monetary policy stance for a longer than anticipated period. In his monetary policy speech on Friday, Governor Shaktikanta Das mentioned how global equity markets have corrected in the wake of sovereign bond yields having firmed up and the US dollar appreciating. “When 10 year US Bond yields fall below 3%, equities will have attractive risk reward propositions. Till that time bonds will continue to compete with equities," Umesh Kumar Mehta, Chief Investment Officer at SAMCO Mutual Fund said.

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FTX co-founder Gary Wang has testified in court, admitting that he and former FTX boss Sam Bankman-Fried committed wire fraud. 

diamond prices has created a golden opportunity for individuals looking to own a piece of timeless beauty, as prices are now more affordable than they have been in years. This has also opened up new opportunities for Indian diamond businesses to attract customers from countries like the US, the UK, and China.

(Reuters) — Citigroup (NYSE:C) on Friday upgraded its recommendation on Japanese stocks to «neutral» as the country's economy and earnings look resilient, but downgraded British equities to «underweight» due to high exposure to fluctuations in oil prices.

Japanese mobile operator NTT Docomo said Wednesday that it formed a capital partnership with crypto exchange Monex to build new asset formation services for customers.

Equity funds were hit by a fifth consecutive month of outflows, with £206m pulled in September.

The woman responsible for developing next-generation small modular nuclear reactors for global energy giant Westinghouse says the “tide will turn” on the no-emissions technology in Australia, and a nuclear reactor could be in operation here by the late 2030s.

Australia’s richest person, Gina Rinehart, has increased her potential blocking stake in takeover target Liontown Resources, declaring herself to be the lithium developer’s biggest shareholder on the eve of an important update about a $6.6 billion takeover offer.

Bolt Earth announced on Friday that it has raised $20 million in a funding round. The round saw participation by US-based venture firm Union Square Ventures, early-stage venture capital (VC) company Prime Venture Partners, and the Investment Trust of India-backed ITIGO Funds, among others. It did not disclose a valuation for the fundraise.

US Treasury yields which hit a 16-year high. This has ignited a wave of risk aversion among investors. However, certain stocks have defied the odds and garnered bullish interest during Wednesday's trading session.

Global Capability Centres (GCC) of multinational companies are driving demand in Pune’s office space segment. Pune has recorded the highest GCC-focused area transacted volume in the country. Hyderabad was in the second spot in GCC leasing. GCCs accounted for 2.4 million sq ft in Pune and 2.2 million sq ft in Hyderabad.

Federal Resources Minister Madeleine King says Australia will remain a reliable exporter of gas to Japan, amid LNG supply concerns as Australia transitions to net zero by 2050.

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