By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) – The Nasdaq closed Friday’s shorter session lower with pressure from…
SoftBank-backed Kavak lays off staff, makes ‘significant’ cuts -internal email
By Valentine Hilaire MEXICO CITY (Reuters) – Mexican online used-car dealership Kavak has made significant spending cuts and laid off…
Amazon to shut down food-delivery business in India
NEW DELHI (Reuters) – Amazon Inc will shut down a food-delivery business it was testing in India, the e-commerce giant…
Pakistan to repay $1 billion bond early: central bank chief
By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – Pakistan will repay a $1 billion international bond on Dec. 2, three days…
Japan’s top venture capital firm yields to activist for massive buybacks
By Makiko Yamazaki TOKYO (Reuters) – Japan’s top venture capital firm JAFCO Group Co Ltd said on Friday it would…
India’s central bank approves 12 ‘vostro’ accounts for rupee trade – official
NEW DELHI (Reuters) – India’s central bank has given approval to banks to open 12 special “vostro accounts” for trade…
India, UAE central banks discuss rupee-dirham trade prospects -official
By Shivangi Acharya NEW DELHI (Reuters) – The central banks of India and the United Arab Emirates are discussing a…
Indian states seek greater fiscal space from federal government
By Nikunj Ohri NEW DELHI (Reuters) – Indian states asked the federal finance ministry for greater budgetary autonomy and fiscal…
China frees up $70 billion for banks to underpin slowing economy
By Ellen Zhang and Kevin Yao BEIJING (Reuters) -China said on Friday it would cut the amount of cash that…
Russia’s justice ministry adds Meta to ‘extremist’ list – Kommersant
(Reuters) – Russia’s justice ministry added Facebook-owner Meta Platforms to its register of extremist organisations on Friday, the Kommersant newspaper…