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Ukraine war and an escalating conflict in the Middle East. Xi is hosting Putin along with dozens of global leaders at the Belt and Road Initiative (BRI) Summit to celebrate 10 years since the Chinese President launched the infrastructure project aimed at strengthening alliances with Asian, African, and Latin American nations. During the meeting, the two leaders are expected to focus on their remarks about the Israel-Hamas war as US President Joe Biden is visiting Israel today.

Also Read: Israel-Hamas War LIVE Updates: Rocket misfired by Gaza militants hit hospital, says Israel army "Immediately upon hearing this news, I spoke with King Abdullah II of Jordan, and Prime Minister Netanyahu of Israel and have directed my national security team to continue gathering information about what exactly happened," the statement quoted Biden as saying. "The United States stands unequivocally for the protection of civilian life during conflict and we mourn the patients, medical staff and other innocents killed or wounded in this tragedy," he added.

Chinese developers who have defaulted, would deepen the crisis roiling the property sector, which makes up about a quarter of the world's second-largest economy. Country Garden will be deemed in default on its overseas debt if it does not make a $15 million payment for a September 2025 bond by midnight in New York (0400 GMT). The repayments had not been made by early Wednesday, Reuters reported.

Reuters. At the conference, Trudeau also listed reports of a possible hate crime at a Jewish high school in Toronto last week, fears among some of visiting synagogues due to a possibility of being attacked, and heated online rhetoric, as examples of the rising antisemitism in Canada.

(Reuters) -Activist-investor Carl Icahn sued the board of directors at genetic testing company Illumina (NASDAQ:ILMN) and accused them of breaching their fiduciary duties, according to a sealed copy of the complaint on Tuesday.

By Scott Murdoch

(Reuters) — Social media platform X, formerly known as Twitter, said on Tuesday it will test a new subscription model under which it will charge $1 annual fee for basic features.

Biden may consider a supplemental request of about $100 billion that would include defense aid for Israel, Ukraine and Taiwan, multiple sources familiar with the request told Reuters on Tuesday. Biden has been widely expected to ask Congress to pass a supplemental spending bill within days, as Washington responds to the deadly Oct. 7 attack on Israel by Hamas militants while looking to continue to support Ukraine as it grapples with a Russian invasion. The news broke as Biden prepared to depart for Tel Aviv and Amman to show support for Israel and also to meet leaders of Jordan and Egypt on the Gaza humanitarian crisis U.S.

Wipro, LTIMindtree, Bajaj Auto, IndusInd Bank, Bandhan, ZEE Shares of Wipro, LTIMindtree, Bajaj Auto, IndusInd Bank, Bandhan, and ZEE will be in focus as the companies will announce their second quarter results. Bajaj Finance Bajaj Finance reported a 28% year-on-year growth rise in consolidated net profit for the quarter ended September to Rs 3,551 crore, which was in line with estimates. I-Pru Life ICICI Pru Life's standalone net profit for the September quarter rose 23% year-on-year to Rs 244 crore. Hudco The union government has proposed to sell up to 7% in Hudco through an offer for sale (OFS). The floor price for the offer has been fixed at Rs 79 per share. L&T Tech Mid-tier IT company L&T Tech has reported 5% growth in its consolidated net profit at Rs 315 crore for the quarter ended September. Read more: Here's the trade setup for today's session CIE Automotive CIE Automotive's net profit more than doubled to Rs 375 crore in the September quarter. ICICI Bank, Kotak Bank The Reserve Bank has imposed monetary penalties on ICICI Bank and Kotak Bank for non-compliance of regulations. IRCTC Indian Railway Catering and Tourism Corporation Ltd on Tuesday tied up with Zomato for supply and delivery of pre ordered meals, reported Reuters. IDFC The Competition Commission of India (CCI) on Tuesday gave its approval for the merger plan of IDFC with IDFC First Bank. Mazagon Dock Mazagon Dock has signed a contract with the government for construction and delivery of one training ship for the Indian Coast Guard. Zensar Tech Zensar Tech posted net profit of Rs 174 crore for the quarter ended September.

Reuters reported. In an official statement, the White House earlier said, “President Biden will then travel to Amman, Jordan, where he will meet with his Majesty King Abdullah, Egyptian President Sisi, and Palestinian Authority President Mahmoud Abbas." "He will reiterate that Hamas does not stand for the Palestinian people’s right to dignity and self-determination and discuss the humanitarian needs of civilians in Gaza," the statement said. Israel had declared war on Hamas earlier this month after a surprise attack killed more than 1400 people and took around 200 hostages.

By Dawn Chmielewski and Lisa Richwine

job vacancies also declined, official figures showed on Tuesday, in a sign that the labour market is losing momentum. British average earnings, excluding bonuses, were 7.8% higher than a year earlier during the three months to August, down from an upwardly revised 7.9% in the three months to July, the first such fall since January. Average earnings are being monitored by the Bank of England as it considers whether to resume raising interest rates to counter the risks from still-high inflation. The latest reading from Britain's Office for National Statistics was in line with expectations from economists polled by Reuters, but sterling fell slightly against the U.S. dollar after the data. «While wage growth is still much too strong for the Bank of England's liking, there's nothing in the latest data that's likely to push the committee into a rate hike at the November meeting,» ING economist James Smith said. Private-sector regular pay — the component looked at most closely by the BoE — saw annual growth slow to 8.0% in the three months to August, from 8.1%. Annual growth in total pay — a more volatile measure which includes one-off bonuses — slowed more than expected to 8.1% in the quarter through August, from an unrevised 8.5% in the May to July period. However, with consumer price inflation of 6.7% in August, the real-terms increase in pay was far smaller. Regular pay, adjusted for CPI inflation, grew by an annual 0.7% in the three months to August.

By David Shepardson and Ben Klayman

Choice Hotels on Tuesday made its latest $7.8 billion cash-and-stock offer public after Wyndham Hotels and Resorts decided to walk away from merger talks, halting six months of discussions around creating a U.S. budget hotel giant. Wyndham rejected Choice Hotels' takeover bid, the Wall Street Journal reported, citing company executives. Choice's offer of $90.00 per share, including $49.50 in cash and 0.324 shares of its common stock for each share held, represents about a 30% premium to Wyndham's last closing price. Shares of Wyndham jumped as much as 13% to $78.48 in morning trade, but were well below the offer price of $90 per share.

₹7,188 per bbl, having swung between ₹7,132 and ₹7,528 per bbl during the session so far, against a previous close of ₹7,239 per barrel. Also Read: Indian crude basket to average $87/bbl, OMCs to bear the brunt as oil surges 6% over Israel-Hamas war Iran pledged pre-emptive action from the ‘resistance front’ of its allies that include the Hezbollah movement in Lebanon, reported Reuters.

(Reuters) — U.S. asset management giant Vanguard Group has sold its 49% stake in a joint venture with Jack Ma-backed Ant Group Co, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Investing.com — Oil prices steadied Tuesday after the previous session’s selloff as traders keep an eye on developments in the Middle East as well as the potential for additional supply from Venezuela.

WASHINGTON (Reuters) -U.S. retail sales increased more than expected in September as households stepped up purchases of motor vehicles and spent more at restaurants and bars, cementing expectations that economic growth accelerated in the third quarter.

Investing.com — Oil prices steadied Tuesday after the previous session’s selloff as traders keep an eye on developments in the Middle East as well as the potential for additional supply from Venezuela.

By Svea Herbst-Bayliss

Reuters report said citing an industry source familiar with Avendus’ plans. The company employs about 150 bankers in India.