Business

RBI Cuts Repo Rate by 25 Basis Points to 5.25%, Maintains Neutral Stance

RBI Cuts Repo Rate by 25 Basis Points to 5.25%, Maintains Neutral Stance

RBI cuts repo rate by 5.25% and revises GDP growth and inflation forecasts for FY26.

December 5, 2025

Exclusive-Baidu's Kunlunxin, valued at close to $3 billion, eyes Hong Kong IPO, sources say

Dec 5 (Reuters) - Kunlunxin, the AI chip unit of Chinese internet search giant Baidu, is planning an initial public…

December 5, 2025

Activist investor Elliott nears settlement with PepsiCo, WSJ reports

Dec 4 (Reuters) - Activist investor Elliott Management is close to striking a settlement agreement with PepsiCo, the Wall Street…

December 5, 2025

Australia says the world will follow social media ban as Meta starts blocking teens

By Byron Kaye and James Redmayne SYDNEY, Dec 4 (Reuters) - Australia's internet regulator said a teen social media ban…

December 5, 2025

Netflix emerges as the highest bidder for Warner Bros Discovery, source says

Dec 4 (Reuters) - Netflix has put in the highest bid among suitors for Warner Bros Discovery, a source told…

December 5, 2025

EU hits Meta with antitrust probe over plans to block AI rivals from WhatsApp

By Foo Yun Chee, Mrinmay Dey and Rishabh Jaiswal BRUSSELS, Dec 4 (Reuters) - EU regulators launched an antitrust investigation…

December 4, 2025

US allows transactions with Lukoil gas stations outside Russia through late April

WASHINGTON, Dec 4 (Reuters) - The Trump administration on Thursday authorized transactions with Lukoil retail gas stations outside of Russia,…

December 4, 2025

Copper giant Freeport's CEO won't count on mergers for growth

NEW YORK, Dec 4 (Reuters) - Copper giant Freeport-McMoRan would never say never for merger and acquisition opportunities, but the…

December 4, 2025

Amazon in discussions with USPS about future relationship

WASHINGTON, Dec 4 (Reuters) - Amazon.com said Thursday the e-commerce giant is in discussions with the U.S. Postal Service about…

December 4, 2025

Amazon in discussions with USPS about future relationship

WASHINGTON, Dec 4 (Reuters) - Amazon.com said Thursday the e-commerce giant is in discussions with the U.S. Postal Service about…

December 4, 2025