Category: Business

Nestle CEO Philipp Navratil said Nestle was increasing its savings target to 3 billion Swiss francs by the end of 2027. That needs layoffs. (AFP)
Posted in Business

Nestle plans layoffs that will affect 16,000 jobs globally over next two years| Business News

Nestle SA plans to effect layoffs that will affect 16,000 jobs globally over the next two years, according to its new chief executive officer Philipp…

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US President Donald Trump. (AFP)
Posted in Business

Indian Oil-led India refiners to pare down Russian oil imports after Trump comments| Business News

India’s Russian oil imports could drop as refiners led by Indian Oil Corp. Ltd. wait for official guidance from New Delhi after US President Donald…

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Ola Electric believes it can scale Ola Shakti BESS with “zero incremental capex and R&D spends”. (@bhash/x)
Posted in Business

Ola Electric enters India’s battery-storage ecosystem even as cell plans stall| Business News

Ola Electric Mobility Ltd. has launched its first non-automotive product, at a time when its cell manufacturing plans have stalled and electric two-wheeler sales have…

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A man enters a branch of Axis Bank in New Delhi, India. (Reuters)
Posted in Business

Axis Bank, HDFC Bank lead BSE Sensex, NSE Nifty 50 higher at open today| Business News

India’s stock market opened higher today, driven by gains in private banks after Axis Bank Ltd. reported its quarterly results on Wednesday. A man enters…

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Nearly 55% of India's exports to the US were affected by the tariffs. (Reuters)
Posted in Business

India’s exports to US in September plunge the most since the beginning of 2025 due to US tariff impact| Business News

India’s exports to the US fell in the first full month since 50% US tariffs on Indian goods came into effect, underscoring the country’s reliance…

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Infosys CEO Salil Parekh. (ANI)
Posted in Business

Infosys, Wipro results today to test investor appetite for IT stocks| Business News

After mixed quarterly earnings from Tata Consultancy Services Ltd. and HCL Technologies Ltd., the focus now shifts to Infosys Ltd. and Wipro Ltd. which are…

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Gold price has risen about 5% so far this week and touched a peak above $4,227 an ounce amid a "US-China trade war" and prospects of an outsized US Fed rate cut. (Bloomberg)
Posted in Business

Gold price climbs to record on US-China tensions and US Fed rate-cut bets| Business News

The gold price rose to a record as heightened US-China frictions and bets that the US Federal Reserve will press on with monetary easing through…

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US President Donald Trump. (AFP)
Posted in Business

Donald Trump declares US-China trade war, Scott Bessent floats long truce| Business News

US President Donald Trump said he saw the US as locked in a trade war with China, even as Treasury Secretary Scott Bessent proposed a…

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Air India's expanded aircraft order marks an acceleration of its turnaround under Tata Group. (HT)
Posted in Business

Air India in talks with Airbus, Boeing to expand aircraft order to 300 planes| Business News

Air India Ltd. is in talks with Airbus SA and Boeing Co. expand its aircraft order from last year to up to 300 planes, people…

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This year, the new Apple Silicon generation arrives on the MacBook Pro. (Official image)
Posted in Business

The M5 silicon, a new 14-inch MacBook Pro, and a perceived AI leap| Business News

The first MacBook to get the M5 silicon refresh, alongside the newest generation of the 11-inch and 13-inch iPad Pro, is the 14-inch MacBook Pro….

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