Business News

Business

Vodafone's Complete Exit from Italy: A Strategic Move with Swisscom

Vodafone Group Plc announces the sale of its entire Italian operations to Swisscom AG for €8 billion, subject to regulatory approvals. The transaction includes customary warranties...

Business

China's Car Sales Surge in November: A Closer Look at the Numbers

China's passenger vehicle sales in November reached 2.45 million units, up 7.2% monthly and 16.6% annually. NEVs accounted for 52.3% of all cars sold, with NEV sales rising 5.9% co...

Business

BP and JERA Join Forces for $5.8B Offshore Wind Energy Venture

BP plc and JERA form a joint venture, JERA Nex bp, focusing on offshore wind energy production with a potential 13GW capacity. The venture, expected to be completed by 2025, will i...

Business

Nvidia Faces Anti-Monopoly Investigation in China: What You Need to Know

China's State Administration for Market Regulation (SAMR) has launched an investigation into Nvidia Corporation's business practices, focusing on potential violations of anti-monop...

Business

India's November Inflation to Ease to 5.5%: Morgan Stanley Report

Morgan Stanley predicts India's CPI inflation to ease to 5.5% in November from 6.2% in October, driven by falling food prices and deceleration in core CPI. This decline offers reli...

Business

Important Notice: ICICI Bank RTGS Service Unavailable on December 14-15

ICICI Bank announces a scheduled maintenance period affecting RTGS transactions on December 14-15, 2024. During this time, both incoming and outgoing RTGS transactions will be dela...

Business

Sanjay Malhotra: The New Face of RBI's Leadership

Sanjay Malhotra, the Revenue Secretary, has been appointed as the new Reserve Bank of India governor. He will succeed Shaktikanta Das and become the 26th governor of India's centra...

Business

Two-Wheeler Demand Drives 11.21% Auto Retail Sales Growth in November: FADA Report

Retail vehicle sales in November recorded an 11.21% rise, majorly due to strong demand for two-wheelers, according to FADA. Two-wheeler retail sales reached 2,615,953 units, markin...