Business

for amounts below Rs 2 crore on select tenures by up to 30 basis points, effective November 16. The private sector bank now offers interest rates in the range of …

ICICI Bank Raises Interest Rate On Fixed Deposits; Check Latest Rates Here Read More

The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most policymakers at the central bank agreed it would soon be …

Dollar down as Fed minutes, U.S. data weighs Read More

The U.S. Federal Reserve and the Federal Deposit Insurance Corp identified a shortcoming in Citigroup Inc’s so-called “living will” that details how the firm would be unwound in the event …

Bank regulators tell Citigroup to take urgent action to fix resolution plan Read More

U.S. companies, from tech majors to consumer firms, are bracing for a potential economic downturn by shrinking their employee base to streamline operations. Job cuts announced by U.S.-based employers jumped …

Corporate America lays off thousands as recession worries mount Read More

Credit Suisse (CSGN.S) expects to make a heavy loss for the final three months of the year, continuing to bleed billions of francs as wealthy clients turn their back on …

Credit Suisse flags hefty loss as rich clients pull out Read More

Uniper, the largest corporate casualty of Europe’s energy crisis so far, said Berlin would need to pump as much as 25 billion euros ($25.8 billion) of additional equity into the …

Germany’s Uniper sees bailout cost rising to $53 billion Read More

Retailers ranging from Walmart (WMT.N) to Barnes & Noble are installing cameras or locking away items to deter shoplifters and thieves as they brace for a post-pandemic rush of holiday …

U.S. retailers add cameras, steel cables to deter holiday crime Read More