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18.11 / 10:19
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Russia places former central banker Aleksashenko on wanted list: Reports
Sergei Aleksashenko, formerly a deputy governor of the Bank of Russia and a deputy finance minister, on its wanted list, Russian state news agencies TASS and RIA reported on Saturday. Aleksashenko, who has criticised Russia's war in Ukraine, has been living in exile in the United States after falling out with President Vladimir Putin's government and had already been designated a «foreign agent». TASS reported that Aleksashenko had been added to the interior ministry's wanted list on an unspecified criminal charge. Reuters could not immediately access the ministry's overall database and Aleksashenko could not immediately be reached for comment.
18.11 / 09:56
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US Presidential Elections: Nikki Haley leads Joe Biden with 55%, new poll shows
The Hill. In a hypothetical match-up between Biden and Haley, the poll showed that Haley led with 55 per cent while Biden at 45 per cent, the report citing the poll stated. The poll was conducted from 2 November-7 November wherein 856 registered voters and 668 probable voters participated.
18.11 / 09:56
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Three senior OpenAI researchers resign after CEO Sam Altman ousted
OpenAI researchers — Jakub Pachocki, Aleksander Madry and Szymon Sidor — told associated they had resigned, Reuters reported on Friday. This further deepened the crisis at the company behind ChatGPT. The information came after the board of the the artificial intelligence company ousted its co-founder and Chief Executive Officer (CEO) Sam Altman earlier in the day.
18.11 / 04:31
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Citigroup employees expect management reshuffle, layoffs on Monday -sources
Citigroup employees expect announcements about management changes and layoffs on Monday in the next phase of the bank's sweeping reorganization, according to four people familiar with the situation. Employees are awaiting more details about the scale of layoffs at the bank, which employs 240,000 people worldwide. Citigroup declined to comment. The Financial Times reported the news earlier. Last month, Citi announced plans to cut management layers from 13 to eight as part of its biggest overhaul in decades.
18.11 / 03:29
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IMF chief says Biden-Xi engagement an important signal for world to cooperate
Kristalina Georgieva said on Friday this week's meeting between U.S. President Joe Biden and Chinese President Xi Jinping is a badly needed signal that the world needs to cooperate more.
18.11 / 03:17
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Aussies pick up the pace for India showdown
Australia head into their World Cup decider against India with all the pieces in place following a devastating return to form by the vaunted pace attack in the semi-final against South Africa.
18.11 / 02:41
Reuters
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Jaishankar is right about India's choice of Russian oil cooling global inflation
insurance companies would support Russian oil exports only if the export price was at or below $60 a barrel. The US stopped importing Russian oil altogether. According to Brugel, a Brussels-based European think tank, the EU used to account for nearly two-fifths of Russian oil exports, even as Russia accounted for 13% of global oil exports in 2021, the year before the war.
18.11 / 02:41
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Citigroup layoffs: Employees expect job cuts, management reshuffle on Monday
Citigroup layoffs: Amid CEO Jane Fraser’s corporate overhaul plan, Citigroup employees expect announcements about management changes and layoffs on Monday next weel. Citigroup employees are expecting these deveopments in the wake of next phase of the bank’s sweeping reorganization, according to four people familiar with the situation. However, more details in regard to layoff is yet to come as Citigroup employs 2.40 lakh employees across world.
18.11 / 01:49
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Setback for Meta as head of augmented reality software departs, affecting operating system development
Don Box announced the end of his tenure at Meta internally this week, without elaborating on what he would do next, according to a source familiar with the matter. A Meta spokesperson confirmed Box would be leaving the company at the end of this week and said he was doing so for personal reasons. There would be no change in product roadmap as a result of his decision, she added.
17.11 / 22:47
17.11 / 22:43
Reuters
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Figma reviewing EU's objections against $20 billion Adobe buyout bid
(Reuters) -Figma said on Friday it was carefully reviewing the EU competition watchdog's statement of objections related to Photoshop maker Adobe (NASDAQ:ADBE)'s proposed $20 billion bid to buy out the cloud-based designer platform.
17.11 / 22:43
17.11 / 21:01
Reuters
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Apple, IBM, Lionsgate suspend ads on X after Elon Musk endorses anti-Semitic post
Elon Musk endorsed an anti-Semitic post on X that claimed «members of the Jewish community were stoking hatred against white people.» While news website Axios reported that Apple is pausing its advertisements, Bloomberg reported Lionsgate's move.
17.11 / 20:11
17.11 / 19:10
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EU reaches deal to stop sending waste to countries that can't process it
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17.11 / 18:40
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Lenders take heat as RBI cracks whip
Bank of India, Axis Bank, ICICI Bank and Bajaj Finance Ltd. The Bank Nifty fell 1.3%, the most in over two weeks, while the Finnifty, which comprises NBFCs and insurers, tumbled 0.9%. The Nifty PSU Bank index comprising SBI, Indian Bank, Bank of India, Punjab National Bank, Bank of Baroda and Canara Bank fell 2.39%, also the most in two weeks.
17.11 / 18:29
Reuters
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Lilly to build $2.5 billion Germany plant as obesity drug demand soars
By Klaus Lauer and Ludwig Burger
17.11 / 18:29
17.11 / 16:42
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Gap's holiday season outlook, Alibaba slips in Hong Kong - what's moving markets
Investing.com -- U.S. stock futures point into the green following a mixed session on Wall Street, as traders pour through a raft of economic figures this week. Gap's (NYSE:GPS) quarterly profit tops estimates, sending shares soaring premarket, but the retailer joins peers Target (NYSE:TGT) and Walmart (NYSE:WMT) in flagging some caution over consumer spending heading into the holiday shopping season. Elsewhere, Chinese tech shares plummet after Alibaba (NYSE:BABA) scraps a planned spin-off of its cloud intelligence unit.
17.11 / 16:42
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