News

Russia-backed Nayara taps Indian IT firm as Microsoft suspends service, sources say
Russia-backed Indian refiner Nayara Energy, recently sanctioned by the European Union, has turned to domestic firm Rediff.com after tech giant Microsoft suspended services, three sources familiar with ...
Baidu Wenku Enables 20M AI-Generated PowerPoint Presentations Annually in China
Baidu Wenku, launched by Baidu.Inc, its AI-powered tool for generating PowerPoint presentations has surpassed 34 million ...
India's Varun Beverages beat quarterly profit view as cost control cushions damp sales
India's Varun Beverages reported second-quarter profit above market expectations on Tuesday, as cost control measures helped offset damp bottled beverage sales exacerbated by early monsoon rains.
Indian refiner Nayara trims crude runs in wake of EU sanctions, sources say
NEW DELHI (Reuters) -Russia-backed Indian refiner Nayara Energy has reduced operations at its 400,000-barrel-per-day refinery in the aftermath of new European Union sanctions that targeted the firm, ...
UK car market set for strongest year since before Covid pandemic
Online vehicle marketplace Auto Trader said it expects two million new and 7.75 million used cars to be sold across the whole ...
Anglian Water to pay out £62.8m after wastewater failures
The water regulator has told Anglian Water to pay out a £62.8 million enforcement package due to failures managing its wastewater treatment works and network. Ofwat said it is proposing that the ...
Barclays profit surges as investment banking offsets £1.1bn of bad debts
Banking giant Barclays has revealed half-year profits jumped by nearly a quarter as an investment banking boost helped offset ...
India's April-June finished steel imports fall nearly 30% as China, Japan shipments slow
India's finished steel imports dropped nearly 30% in the first three months of the financial year that started in April, due to a persistent fall in shipments from China and Japan, according to ...
Canal+ reports 3.3% revenue drop, says full-year earnings on track
LONDON (Reuters) -French pay-TV company Canal+ reported a 3.3% drop in reported first-half revenue, in line with its ...
UK car distributor Inchcape posts first-half profit drop, but maintains annual view
Inchcape reported a 4% drop in first-half adjusted pre-tax profit at constant currency on Tuesday, but limited impact from U.S. President Donald Trump's tariffs enabled the British car distributor to ...
Tsingke Biotech Hosts 2025 Small Nucleic Acid Therapeutics Roundtable in Beijing
Tsingke Biotech, a leading provider of synthetic biology and nucleic acid solutions, successfully hosted the 2025 Small Nucleic Acid Therapeutics Roundtable on July 26 in Beijing. The event convened ...
UK's Greggs first-half profit drops as heatwave slows sales
LONDON (Reuters) -British baker and fast food chain Greggs reported a 14% fall in first half profit, reflecting a previously ...