Russian Central Bank Holds Key Interest Rate at 21%, Surprising Markets
Prime Highlights: Central Bank of Russia Holds Key Rate at 21%: The Central Bank of Russia has decided to keep its key rate at 21%, contrary to expectations of increasing…
India to Lead Global Oil Demand Growth Until 2035: IEA Report
Prime Highlights: China's oil consumption is declining as the country shifts towards electric vehicle adoption and increased use of renewable energy. However, the demand for petrochemicals is expected to partially…
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November PCE Inflation Rate Slows to 2.4%, Below Expectations
The U.S. Personal Consumption Expenditures Price Index, the Fed's preferred measure of inflation, showed signs of easing in November, with a rate coming in lower than economists expected at 2.4%.…
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Haldiram Snacks to Invest Rs 300 Crore in Bihar for New Manufacturing Plant
Haldiram Snacks is the largest packaged food company in India and it has proposed to set up a new manufacturing plant at Bihar, which will attract an investment of Rs…
Darden Restaurants’ Strong Sales Growth Driven by Olive Garden and LongHorn Steakhouse Performance
Darden Restaurants Inc. reported strong performance for its second quarter, with continued sales growth at its Olive Garden and LongHorn Steakhouse brands. This positive result led to a 14 percent…
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Nike CEO Elliott Hill Outlines Strategy to Revive Growth Amid Declining Revenues and Profit
Nike CEO Elliott Hill has outlined a strategic vision to steer the company back on track after recent results revealed a decline in both revenue and profit. The company's performance…
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Australia and Laos Collaborate to Enhance Education in Savannakhet Province
In collaboration with the Laotian Ministry of Education and Sports, the Australian Embassy visited Savannakhet Province recently to check on BEQUAL's progress. BEQUAL is a program the Australian Government and…
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GMC Appoints Professor Pushpinder Mangat as Medical Director and Director of Education and Standards
The General Medical Council announced the appointment of Professor Pushpinder Mangat as its new Medical Director and Director of Education and Standards which he is scheduled to join in 2025,…
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GM Shifts Focus, Ends Cruise Robotaxi Venture Amid Industry Setbacks
General Motors has decided to shut down its Cruise robotaxi business as it changes the growth strategy of the automaker which is after years of vast investment and ambitious projections…
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Honda and Nissan Reportedly Set to Begin Merger Talks Amid Industry Transformation
Japanese car manufacturers Honda and Nissan are in preparations to start talks on the grounds of forming a new holding company. The two companies are reportedly looking for mergers in…