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Nikola says damaged truck reignites at its headquarters
An electric truck which was previously damaged reignited at Nikola's (NKLA.O) Phoenix, Arizona headquarters on Sunday afternoon but there were no injuries, the electric-truck maker said in a statement. Key Points
ReutersIndian scientists reveal how the first cells formed on Earth
A team of researchers at Scripps Research has discovered a pathway that could answer how the first protocells formed. It was a chemical process called phosphorylation that happened earlier than previously estimated. Key Points
India TodayAriana Madix readies for Broadway debut with 'Chicago'
The 38-year-old actress is set to take on the iconic role of Roxie Hart, previously embodied by Gwen Verdon and Ann Reinking. This eight-week limited engagement at the Ambassador Theatre, scheduled between January 29 and March 24, marks a significant milestone for Madix. Expressing her excitement on Live with Kelly and Mark, she described it as a dream come true and expressed disbelief that such an opportunity had become a reality. Key Points
Economic TimesEd Sheeran beats copyright appeal over 'Thinking Out Loud'
(Reuters) - Ed Sheeran, his record label Warner Music and music publisher Sony Music Publishing persuaded a U.S. appeals court on Friday to uphold a decision that his hit "Thinking Out Loud" did not Key Points
ThePrintPaytm & its payments bank discontinue inter-company agreements to reduce dependencies
Paytm didn't say what agreements were being terminated. Payments bank agreed to simplify shareholders’ agreement to 'support Paytm Payments Bank‘s governance, independent of shareholders'. Key Points
ThePrint
China central bank cuts benchmark lending rate to boost economy
The one-year rate was last lowered in August, while the five-year LPR had previously been reduced in June. Closely followed by markets, both rates are at historic lows. Tuesday's moves are aimed at encouraging commercial banks to grant more credit and at more advantageous rates. Key Points
Economic TimesOscars 2024 nominations: Nolan's 'Oppenheimer' leads with 13 nods; check complete list of nominees
The 2024 Oscar nominations are out, featuring 321 films and top contenders like 'Oppenheimer,' 'Poor Things,' and 'Barbie.' Hosted by Jimmy Kimmel on March 10, the 96th Academy Awards promise excitement. Notable snubs have stirred discussions, adding anticipation to the star-studded event. Key Points
Economic TimesCiti's 2023 revenue expected to be at lower end of forecast, CFO says
Citigroup's (C.N) full-year revenue is expected to be towards the lower end of its previous forecast, at around $78 billion, Chief Financial Officer Mark Mason said at a conference on Wednesday. Key Points
ReutersUS third-quarter economic growth revised up to 5.2%
The U.S. economy's third-quarter growth was revised upwards to a 5.2% annualized rate, exceeding the previously reported 4.9%. The Commerce Department's Bureau of Economic Analysis released the second estimate, indicating the fastest expansion since Q4 2021. The revision was attributed to upgrades in business investment, state and local government spending, and residential investment. Key Points
Economic TimesAlaska town Utqiaġvik to witness next Sunrise in January. Check date
Alaska town Utqiaġvik wont be witnessing till the end part of January. Less than a decade ago, Utqiaġvik, previously named Barrow, reclaimed its traditional Alaska Native name. Key Points
Economic Times
Jaish-e-Mohammed (JeM) terrorist Shahid Latif, involved in Pathankot attack, killed in Pakistan
Shahid Latif and 24 other terrorists were released by India in 2010 as part of the UPA government's efforts to mend relations with Pakistan. Latif's release had previously been sought by the same Jaish terrorists who had hijacked Indian Airlines flight IC-814. Key Points
Economic TimesCitigroup outlines layoff process, reassignments in overhaul -memo
Citigroup (C.N) managers are reviewing staff rosters to determine by November who will stay in place, be reassigned or laid off during its biggest reorganization in decades, according to a global memo to staff on Wednesday seen by Reuters. Key Points
ReutersLessor SMBC receives insurance settlement over Aeroflot jets stranded in Russia
SMBC Aviation Capital on Monday said it had received a cash insurance settlement of $710 million for its jets previously leased to Russia's state-owned airline Aeroflot (AFLT.MM). Key Points
ReutersRobinhood sees $100 million finance costs tied to regulatory issues in third quarter
Robinhood Markets (HOOD.O) expects a $100-million charge in the third quarter to resolve some legal and regulatory matters that were previously disclosed, the trading app operator said on Friday. Key Points
ReutersAkshay Kumar gets Indian citizenship, shares proof on Twitter
Akshay Kumar is now an Indian citizen. The actor, who was previously a citizen of Canada, took to Twitter to share the update. | Bollywood Key Points
Hindustan Times
From rags to riches: Andhra farmer earns Rs 4 crore in just 45 days from 'expensive' tomatoes
He had previously suffered losses due to plummeting tomato prices last year, which left him in a debt of Rs 1.5 crore. Through enhanced power supply, favorable prices, and good crop quality, the farmer achieved 35 successful tomato harvests with the potential for up to 20 more. Murali plans to invest his earnings in expanding his agricultural ventures and acquiring 20 acres of land in his village. His success serves as an inspiration for struggling farmers. Key Points
Economic TimesForvia's shares fall after 'unimpressive' outlook hike
Forvia's (FRVIA.PA) shares fell as much as 8% in early trading on Thursday, after a slight hike to the car parts maker's annual targets failed to impress investors. Key Points
ReutersIsrael's Oddity seeks higher valuation in US IPO
Oddity Tech said on Monday it was targeting a valuation of $1.92 billion in its U.S. initial public offering (IPO), more than 13% higher than what it was previously seeking. Key Points
ReutersEU Commission sticks to US economist pick for senior antitrust job
The European Commission stuck to its guns on Friday, saying it was not reconsidering EU antitrust chief Margrethe Vestager's pick of a U.S. economist to a senior job helping to oversee Big Tech despite criticism from French ministers and EU lawmakers. Key Points
ReutersManoj Muntashir says Adipurush’s Hanuman is ‘childlike’, claims there’s a political conspiracy to undermine the movie
Manoj Muntashir explained his characterisation of Hanuman in the film Adipurush. The film's interpretation of the character has attracted controversy significant enough for the makers to alter certain lines of dialogue. Key Points
The Indian Express
Sudan's warring factions agree to seven day ceasefire, say US-Saudi mediators
“It is well known that the parties have previously announced ceasefires that have not been observed,” the U.S.-Saudi statement said. | World News Key Points
Hindustan Times