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2023 kicked off an arms race in artificial intelligence (AI). Big tech companies spent heavily on software development and specific chips from companies like Nvidia to train their AI models. As a result, investors saw a few select chipmakers emerge as big winners as demand from d

India's ITC beat analysts' estimates for third-quarter profit on Monday as the consumer goods giant benefited from higher demand for its products ranging from cigarettes to noodles.

QatarEnergy and U.S.-based Excelerate Energy signed on Monday a 15-year agreement to supply 1 million metric tons per year (mtpa) of liquefied natural gas (LNG) to be delivered to Bangladesh for 15 years from January 2026.

Major stock markets in the Gulf were mixed in early trade on Monday, even as oil prices gained after a drone attack killed three U.S. troops in Jordan.

The stock market delivered a strong performance over the trailing-12-month period. That makes what Eli Lilly (NYSE: LLY) and Booking Holdings (NASDAQ: BKNG) have accomplished over this period even more impressive, as both companies easily crushed the S&P 500.

Hungary is open to using the European Union budget for a proposed 50 billion euro ($54 billion) aid package to Ukraine, Prime Minister Viktor Orban's political director said on social media platform X.

Iron ore prices in China hit a three-week high on Monday on hopes of improving demand amid policy support to the property market in China and the expectation of further stimulus.

Chinese stocks fell on Monday despite fresh government curbs on short selling, while oil shares led the Hong Kong market higher.

Russian air defences thwarted a drone attack on Monday on the Slavneft-YANOS oil refinery in the city of Yaroslavl, northeast of Moscow, regional governor Mikhail Yevrayev said.

Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put out a blaze on a tanker attacked by Yemen's Houthi group a day earlier.

South African fashion retailer Truworths on Monday warned that profit growth in the 26 weeks to Dec. 31 last year is likely to more than halve from the same period of 2022.

Sweden's economy remained sluggish in the final quarter of 2023, growing 0.1% from the previous three month period and unchanged against the same quarter a year earlier, preliminary data from the Statistics Office published on Monday showed.

Shares in Bayer opened 4.5% lower on Monday after the German company was ordered to pay $2.25 billion in damages, the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller.

Israel's sovereign credit rating could be cut if the war with Palestinian Islamist group Hamas expands to other fronts, but if this does not happen it should be able to weather the war's economic fallout if it makes needed budget changes to offset higher spending, an S&P Global Ratings director said.

European equities kick-started the week on a subdued note, after scaling two-year highs in the previous session, as heavy losses in travel stocks partially outweighed strong performances in the energy sector.

Kazakhstan's Air Astana on Monday set the price range for joint stock exchange listings in the UK and its home market, preparing the ground for a float that would boost London's sluggish IPO market and raise about $120 million for the carrier.

Microsoft's early lead in artificial intelligence has the software heavyweight's stock market value poised to pull decisively ahead of Apple's over the next five years, 13 institutional investors unanimously agreed ahead of the tech titans' quarterly results this week.

The rouble hit its lowest in almost two weeks, breaching 90 to the dollar on Monday, despite support from high oil prices, state foreign currency sales and month-end tax payments that usually boost the Russian currency.

The Federal Reserve and the Bank of England, grabbing the baton from the ECB and the Bank of Japan, hold their first meetings of the year while U.S. tech giants and Europe banks report results and China's woes persist.

The British public's expectations for inflation, especially in the short term, have fallen, according to a survey that will feed into this week's debate at the Bank of England about whether to signal a move towards cutting interest rates.