India’s Tata Consumer beats Q2 profit estimates on higher demand for packaged food

(Reuters) – India’s Tata Consumer Products reported second-quarter profit above estimates on Friday, as the salt-to-spices maker benefited from higher demand for its packaged food amid a pickup in rural demand. The Tata group-owned company reported a near-8% jump in consolidated net profit to 3.64 billion rupees ($43.3 million) for the three months ended Sept. …

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Cricket-Ravindra revels in ton as New Zealand rattle India with 402

By Shrivathsa Sridhar BENGALURU (Reuters) -Rachin Ravindra smashed a game-changing century as New Zealand posted 402 all out for a substantial first-innings lead of 356 runs over India, who responded by reaching 231-3 at stumps on the third day of the rain-affected opening test on Friday. Resuming on 180-3 at a sun-drenched M Chinnaswamy Stadium, …

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Hamas says leader Yahya Sinwar killed

DUBAI (Reuters) – Hamas leader Yahya Sinwar, architect of the group’s cross-border raids in 2023 that became the deadliest day in Israel’s history, was killed in combat, Khalil Al-Hayya, deputy Gaza Hamas chief and the group’s chief negotiator, said on Friday. Sinwar’s death, which follows Israeli assassinations of other Hamas leaders and commanders, will deal …

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Irish leaders to discuss election date next week, Greens propose Nov. 29

LONDON (Reuters) – The leaders of Ireland’s three coalition parties will discuss the date of the next general election on Monday, Green Party leader Roderic O’Gorman said, proposing November 29 as his preferred date. Prime Minister Harris must call the election by March but analysts have for weeks seen November as the most likely date, …

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Neutral Switzerland signs declaration to join European Sky Shield initiative

ZURICH (Reuters) – Switzerland has signed up to the European Sky Shield Initiative (ESSI), the government said on Friday, a project which seeks to build a unified air and missile defence system across Europe. The system was initiated by Germany following Russia’s invasion of Ukraine, and is designed to allow European countries to buy defence …

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Malaysia to widen tax net, raise minimum wages in 2025 as budget spending hits record

By Danial Azhar and Ashley Tang KUALA LUMPUR (Reuters) -Malaysia will introduce a slew of new taxes, cut subsidies for a widely used fuel, and raise the minimum wage from next year, Prime Minister Anwar Ibrahim said on Friday as he announced a record budget spending plan of 421 billion ringgit ($98 billion). Anwar said …

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Fifth Third Bancorp’s profit falls on higher loan loss provisions

(Reuters) – Fifth Third Bancorp reported a fall in its third-quarter profit on Friday, as the bank set aside more money to cover for potential loan defaults, sending its shares down 3% in premarket trading. Banks have been allocating larger reserves as customers deplete their savings built up during the pandemic, resulting in provisions rising …

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