Reuters Financial News

LONDON (Reuters) — Fines imposed by Russian courts on Alphabet (NASDAQ:GOOGL)'s Google and YouTube, Meta, TikTok and Telegram appear to have been settled as the companies are no longer registered as debtors in the state bailiffs' database.

(Reuters) — Some of China's top banks have sharpened scrutiny of smaller peers' asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a deepening property debt crisis ripples through the economy.

By Stella Qiu

parole was granted around 11 years after he killed his girlfriend Reeva Steenkamp on Valentine's Day 2013. After leaving jail, he will be part of South Africa's restorative justice programme. The former Paralympic athlete is known as "Blade Runner".

By Laura Sanicola and Trixie Yap

Oil prices rose in the first session of the new year, boosted by potential disruption to Middle Eastern supply after the latest attack on a container ship in the Red Sea, and by Chinese demand hopes. Brent crude was up 49 cents, or 0.6%, to $77.53 a barrel at 1432 GMT. U.S.

(Reuters) -A U.S. judge ruled in favor of Israel's Teva Pharmaceutical Industries (NYSE:TEVA) in a patent infringement lawsuit brought by Corcept Therapeutics (NASDAQ:CORT), sparking a frenzied sell-off in shares of the California-based drug developer.

By Allison Lampert and Shivansh Tiwary

Auto expert Mike Caudill argues Elon Musk's design of the Tesla Cybertruck will push potential buyers away on 'Cavuto: Coast to Coast.'

₹190.6 crore from ₹168.8 crore in the previous financial year, India Ratings said in a report in June based on the company’s provisional financials. Aizant broadly operates four segments–clinical research, formulations, internal products, and contract manufacturing operations (CMO), which includes services from drug development to manufacturing.

₹5,942 per bbl, having swung between ₹5,935 and ₹6,148 per bbl during the session, against a previous close of ₹6,027 per barrel. Also Read: India increases oil imports from Saudi as Russian purchases fall to 11-month low in December -A Reuters survey of economists and analysts predicted that Brent crude would average $82.56 a barrel this year, up slightly from the 2023 average of $82.17, with weak global growth expected to cap demand. Geopolitical tensions, however, could provide price support.

Akasa Air is set to close an order for around 150 Boeing 737 MAX narrowbody planes, two sources said, its latest bid to tap the travel boom in the world's fastest-growing aviation market. Contract negotiations are ongoing and a deal is expected to be announced at Wings India, the country's largest civil aviation event scheduled for Jan. 18-21, said the two sources familiar with the ongoing talks. An Akasa spokesperson said the airline does not comment on speculation, while Boeing did not respond to Reuters' queries.

WASHINGTON (Reuters) — U.S. construction spending rose less than expected in November amid a decline in outlays on public projects, but data for the prior month was revised sharply higher suggesting underlying strength in the sector.

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Investing.com-- Bitcoin rose sharply to a 21-month high on Tuesday amid increased speculation that the U.S. Securities and Exchange Commission was close to approving a spot exchange traded fund for the world’s largest cryptocurrency.

By Florence Tan

Also Read: Bitcoin jumps 160% in 2023 amid roller coaster ride; What lies ahead for cryptocurrencies? The rally in Bitcoin price comes on expectation that the US Securities and Exchange Commission (SEC) will approve the launch of a spot bitcoin Exchange-Traded Fund (ETF). As per a Reuters report, the SEC is required to either approve or reject the Ark/21Shares ETF by January 10.

Catch Live Market Updates here The Indian stock market indices ended flat on Monday, the first trading of the new year 2024, while the second rung midcap and smallcap indices clocked healthy gains. The Sensex gained 31.68 points, or 0.04%, to close at 72,271.9, while the Nifty 50 ended 10.50 points, or 0.05%, higher at 21,741.90. “Market exhibited strength led by optimism on rate cuts, easing global inflation, and softer bond yields.

Reuters reported. This is likely to be a temporary move but the “most significant" one as this is the first pullback of troops announced since the beginning of the war in October 2023. The military said in a statement on Monday that five brigades, or several thousand troops, were being taken out of Gaza in the coming weeks for training and rest.

-A tsunami measuring under one metre (3.3 ft) reached South Korea's east coast in the wake of a massive earthquake that hit Japan on Monday -The first tsunami to reach South Korea's coast was 67 cm (2.2 ft) but authoriites warned it may increase in size after the initial waves and may continue for more than 24 hours -North Korea issued tsunami warnings for its coast of possible waves of more than 2 metres, South Korea's Yonhap news agency reported, citing the North's state radio. -Russian officials issued a tsunami alert for the island of Sakhalin, warning that areas across the island's west coast could be affected by the waves. -Tsunami waves over a metre (three feet) high crashed into the coast after the 7.6-magnitude quake, and more, up to five metres high, were possible within 300 kilometres of the epicentre, US and Japanese weather agencies said.