BUSINESS
InsuranceDekho owner is said to plan $400 million India IPO
The Gurugram-based insurance aggregator has held recent discussions with investment banks about a potential listing and is expected to appoint advisers in the coming weeks
BUSINESS
IBM to triple US entry-level hiring for roles seen as replaceable by AI
While the company declined to disclose specific hiring figures, it said the expansion will be 'across the board,' affecting a wide range of departments
BUSINESS
Aluminum drops after report US will scale back import tariffs
Aluminum fell 1.3% to $3,058.50 a ton on the London Metal Exchange as of 1:45 p.m. in Shanghai
BUSINESS
Tencent’s AI lag fuels $173 billion stock rout as rivals thrive
Shares of Tencent Holdings Ltd. have slumped nearly 11% in Hong Kong this year, trailing a broader tech gauge
MARKETS
Asian stocks drop after AI jitters hit Wall Street
The MSCI Asia Pacific Index dropped 0.7%, its first fall in six sessions, with losses in Japan and South Korea
WORLD
Trump to end Minnesota immigration blitz in White House retreat
The moves come as Trump’s approval ratings on immigration, once a political asset, have cratered amid widespread criticism over the aggressive actions of federal agents in US cities.
WORLD
Judge orders US to take steps to return some deported migrants
The migrants will be taken into custody when admitted into the US, the judge noted, but he wrote that this would at least put them in a better position to press their legal claims.
WORLD
Russia memo sees return to dollar system in pitch made for Trump
At the heart of the offer is Russia’s return to the dollar settlement system, a move which would mean a stunning reversal of Kremlin policy and, potentially, a dramatic shake up for global finance.
BUSINESS
AI startup nabs $100 million to help firms predict human behavior
The startup said it aims to use its technology to anticipate the decisions a person might make in any given situation
BUSINESS
GQG holds over $24 billion in India as ‘perfect storm’ for stocks eases
New York-based GQG, which has more than $24 billion of its $166 billion total assets under management in India, is an outlier among international investors
BUSINESS
China bought some Venezuelan oil from US, says Trump administration
The global oil market was jolted in January as US forces swooped into Venezuela and seized former President Nicolás Maduro, with Washington asserting control over the OPEC member’s crude industry
BUSINESS
Toyota extends $35 billion deal deadline at 9% short of goal
The new deadline has been pushed back to March 2 from Thursday, and the offer price remains unchanged, according to a filing from the group
BUSINESS
Hermès sales beat expectations on strong Birkin bag demand
Fourth-quarter revenue at constant exchange rates rose 9.8%, Hermès International SCA said in a statement Thursday
INDIA
CPI revamp may give RBI reason to stay on hold
The weighting of volatile items such as food has been reduced to about 36.8% from nearly half previously
MARKETS
US trade deal throws lifeline to India’s renewables stocks
Since the accord was unveiled last week, some of the country’s clean power stocks have ranked among the top gainers on a Bloomberg gauge of global peers
MARKETS
Asian stocks rise, treasuries fall after US jobs data
The S&P 500 ended Wednesday flat after a bumpy session with real estate services stocks getting hit, while the Nasdaq 100 rose 0.3%
BUSINESS
US adds 130,000 jobs and unemployment falls after tepid 2025
Employers added 130,000 jobs last month and the unemployment rate declined to 4.3%, according to Bureau of Labor Statistics data out Wednesday.
WORLD
FAA ends airspace closure in Texas, says flights will resume
The FAA made the decision in response to drones that the US Defense Department is flying in the area as part of an operation against Mexican drug cartels
BUSINESS
India asks refiners to consider buying more US, Venezuelan oil
Refiners have been urged to prioritize US grades when they seek oil from the spot market via tenders, said refinery executives familiar with the matter.
BUSINESS
A ‘smog season’ discount is another threat to India earnings
The term “air pollution” was mentioned in earnings releases, analyst calls or presentations of BSE AllCap Index members 988 times in 2025
BUSINESS
Urban migration in India sets stage for record property IPO year
More than half a dozen companies are lining up for initial public offerings this year that may raise nearly $3.3 billion
COMPANIES
Hinduja is said to seek $200 million for Ashok Leyland’s OHM Mobility unit
The commercial vehicle maker, part of the billionaire Hinduja family’s namesake conglomerate, is working with an adviser to gauge interest from potential investors
BUSINESS
Bitcoin slides below $67,000 as crypto diverges from stocks
While large Bitcoin investors have started purchasing again, the token’s failure to attract wider buying puts it at risk of further declines.
BUSINESS
Heineken cuts up to 6,000 jobs amid slump in beer sales
The company said it will reduce headcount over the next two years in an effort to cut costs, according to a statement Wednesday.
