Reports Financial News

14.11 / 08:49

Google country Inside reports Russia fines Google 15 million roubles for refusing to localise data storage: report

Google 15 million roubles ($164,000) for repeated refusal to localise storage of user data in Russia, the Interfax news agency reported. Russian law requires technology companies to store users' data on servers inside the country.

14.11 / 08:33

Digital consequences reports guidelines South Korea’s Democratic Party Mandates Crypto Holdings Disclosure for Candidates in Upcoming Elections

The Democratic Party of South Korea has instituted a new policy requiring preliminary candidates for the upcoming general elections to disclose their holdings in virtual assets, including cryptocurrencies, according to The Korea Economic Daily (Hankyung).

14.11 / 08:21

Reuters Williams economy Boeing show reports UK wage growth cools slightly but stays close to record

By William Schomberg and David Milliken

14.11 / 08:21

FIVE Reuters Exodus President country reports travelers Analysis-How an executive's arrest struck a blow to Japan-China business

By Yukiko Toyoda, Kiyoshi Takenaka and Laurie Chen

14.11 / 08:21

Reuters economy Bill pandemic reports guidelines Exclusive-China orders local governments to cut exposure to public-private projects as debt risks rise, sources say

BEIJING (Reuters) — China has ordered its local governments to halt public-private partnership projects identified as «problematic» and replaced a 10% budget spending allowance for these ventures with a vetting mechanism by Beijing as it tries to curb municipal debt risks.

14.11 / 08:19

Software shootings reports testing stake ALS rethinks stake in pharma R&D business Nuvisan

ALS is evaluating its minority stake in troubled European drug research business Nuvisan, contemplating an exit or even taking full control of the asset, after the clinical outsourcing business delivered an unprofitable half.

14.11 / 08:19

BLOCK CEO Parke show hospital reports Cash register closed: Till Payments changes hands for meagre sum

It’s game over for fintech Till Payments and its bigwig backers.

14.11 / 08:19

FIVE Booking Fighting Immunic show reports CBA boss keeps his cool as deposit squeeze arrives

Commonwealth Bank’s profit margin was squeezed further last quarter, but this time the culprit was growing competition for deposits rather than aggressive mortgage pricing, chief executive Matt Comyn said, as savers chased better returns on their money.

14.11 / 08:19

Booking cover reports AustralianSuper climbs Origin Energy’s register at $8.65/sh

AustralianSuper had a good night. Street Talk understands the superannuation fund giant – Origin Energy’s largest shareholder – picked up stock at $8.65 a piece. Origin closed Monday’s trading day at $8.78.

14.11 / 08:19

Action Bill beautiful cover reports Department Why an SBF trial wouldn’t happen in ‘lamentably slow’ Australia

Departing Federal Court judge Steven Rares has taken aim at the “lamentably slow” pace of litigation in Australia and the “incomprehensible” laws that cover the corporate sector.

14.11 / 07:55

economy pandemic country information reports Department Oil rises on healthy demand, supply expectations after OPEC report

By Emily Chow and Trixie Yap

14.11 / 07:37

Action President Inside hospital reports patient evacuation Biden says Gaza hospitals 'must be protected'

By Nidal al-Mughrabi

14.11 / 07:37

Reuters Action economy Fitch Moodys MSCI reports inflation data Asia stocks meander, yen fragile ahead of US inflation data

By Ankur Banerjee

14.11 / 07:12

Citi CEO Mobile show reports Shared mobility to make up 7% of all urban journeys by 2030 - report

By Catarina Demony

14.11 / 07:12

Apple electronic reports Apple supplier Foxconn posts surprise rise in quarterly profit

TAIPEI (Reuters) -Apple Inc supplier Foxconn reported on Tuesday a surprise 11% increase in third-quarter profit, boosted by strong demand for smart consumer electronics ahead of the year-end holiday shopping season in Western markets.

14.11 / 06:31

Action track country Inside reports ‘Kick them out’: Poilievre responds to revelations on Iranian interference in Canada

The leader the federal official Opposition is calling for immediate action against the Iranian regime, in the wake of Global News reporting revealing the extent of the Islamic republic’s interference in Canada.

14.11 / 06:31

Provident Aware ICE show country reports travelers Cost of living in Canada may mean winter tires are put on ice. Here’s why

With winter just around the corner for Canadians, many are likely dreading the age-old problem of driving in snow, but a new study shows one in three are considering not investing in winter tires due to the ongoing cost of living crisis facing the country.

14.11 / 06:23

Provident CEO Racing Tesla BorgWarner reports gatherings Automakers' drive to avoid China's EV rare earth dominance gathers speed

rare earth content has hit high gear, with European, U.S. and Japanese automakers and suppliers racing for alternatives in an area dominated by China. Automakers have mostly relied on motors with rare earth-based permanent magnets, which have been the most efficient at providing the torque to power EVs. But different types of motors without permanent magnets that were previously too big and too inefficient, or those with greatly-reduced rare earth content have become commercially viable, prompting the rush for alternatives.

14.11 / 06:23

Aware Banner reports Unable to find suitable brides for rural areas, farmers plan padayatra in Karnataka

farmers in Karnataka are preparing to embark on a padayatra (march) to a shrine in Mandya next month in the hopes of finding suitable brides. As per a TOI report, this comes eight months after a similar initiative by another group. The farmers believe that the scarcity of brides is due to the reluctance of women and their families to embrace rural life.

14.11 / 06:01

Digital Strategy Deloitte President country reports travelers Sonia Eland appointed HCLTech Australia and New Zealand country head

HCLTech said on Tuesday that it has appointed Sonia Eland as executive vice president and country manager for Australia and New Zealand effective April 1, 2024. In her new role, Sonia will report to Swapan Johri, president, growth markets at HCLTech. Sonia will be based in Sydney and takes over from Michael Horton, who will move into a consulting role after a stint of close to 10 years, during which he helped establish HCLTech as a digital technology services partner in Australia and New Zealand.

14.11 / 06:01

Citi Google Platform Strategy Enterprise Parke reports Smartworks lines up expansion plan to meet growing demand

office space every year amid growing demand from both domestic and foreign firms, said its founder Neetish Sarda. The company aims to clock revenue of Rs 2,000 crore in 2024-25, a two-thirds increase from Rs 1,200 crore it expects to earn in this financial year, he said. “Almost 70-80% of the employees have returned to work and there has been a surge in demand from corporates who are looking for campus-like infrastructure. Our expansion strategy is in line with the demand,” Sarda told ET. The company has a total portfolio of about 8 million sq ft and plans to increase it to 25 million sq ft in four years.

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