There have been several positive signals in Bharti Airtel with revenue market share (RMS) growth, better visibility of profits from Africa, and enough free cash flow to pursue deleveraging. Airtel’s 4G and 5G data subscriber net additions were 5.6 million in Q1FY24, and 24.5 million in the last 12 months. Airtel currently has 230 million data subscribers on 4G/5G, which […]

China’s industrial production and retail sales growth accelerated more than expected in August as the stimulus measures are beginning to underpin the nascent recovery, but the downturn in the property market continued dimming the growth prospects. Industrial production posted a faster annual increase of 4.5 percent, the National Bureau of Statistics reported. Output growth was expected to improve to 3.9 […]

Renault has launched limited edition versions of its three bestsellers — the Kwid, Kiger, and Triber — called the Urban Night. Let’s start with the Kiger, one of Renault’s best-looking compact SUVs. It’s also the strongest, and you’ll know how well-rooted it feels to drive once you take a test drive. Like the other two limited editions, the Renault Kiger […]

United Auto Workers or UAW members have started their Stand Up Strike at three key plants of Detroit’s Big Three as the deadline passed for automakers to reach deals with the workers. Just after midnight Friday, the union said in a post on X, “The UAW Stand Up Strike begins at all three of the Big Three,” that is, Ford, […]

This is Day 143 of the WGA strike and Day 70 of the SAG-AFTRA strike. Writers picketing ABC’s The View on Thursday in New York City reacted guardedly to news that negotiations between their striking union and the production studios were continuing for a second consecutive day this week. They cited an earlier effort at restarting contract talks that quickly broke off and led to more public […]

European stocks are likely to open higher on Friday after China reported industrial production and retail sales figures for August that topped forecasts. Industrial production posted an annual increase of 4.5 percent, while analysts expected output to climb moderately by 3.9 percent after a 3.7 percent increase in July. Likewise, growth in retail sales improved to 4.6 percent in August […]

Asian stocks traded higher on Friday as strong U.S. economic data and more stimulus measures from major importer China helped ease concerns around global growth. The dollar retained overnight gains while crude prices held near their highest level since early-November 2022 after China cut banks’ cash requirements to release more liquidity into the Chinese economy and potentially shore up economic […]

After reporting growth in regional manufacturing activity in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing a significant downturn in activity in the month of September. The Philly Fed said its diffusion index for current activity tumbled to a negative 13.5 in September from a positive 12.0 in August, with a negative reading […]

The European Chips Act entered into force Thursday, putting in place a comprehensive set of measures to ensure the European Union’s security of supply, resilience, and technological leadership in semiconductor technologies and applications. The European Chips Act aims to strengthen manufacturing activities in the European Union, stimulate the European design ecosystem, and support scale-up and innovation across the whole value […]