Global economy | Uber not planning mass layoffs: CEO

Twitter will price Twitter Blue subscription for Android at $11 per month, it said on Wednesday. This would be the same as one for iOS subscribers. A cheaper annual plan will be offered to web users when compared to monthly charges.

Google's Android users will be able to purchase Twitter Blue's monthly subscription for $11, the same price as for Apple's iOS users, Twitter said on its website.

The blue check mark, previously free for verified accounts of politicians, famous personalities, journalists and other public figures, can now be availed by anyone prepared to pay.

It was rolled out last year to help Twitter grow revenue as owner Elon Musk fights to retain advertisers.

Uber Chief Executive Dara Khosrowshahi said in Davos on Thursday that the company is currently not planning mass layoffs.

The rideshare and delivery company has worked to cut costs for months. A memo the CEO wrote on this tougher stance on costs "landed a bit like a lead balloon initially," Khosrowshahi said at a Wall Street Journal event on the sidelines of the World Economic Forum's annual meeting.

Saudi Arabia's foreign minister Prince Faisal bin Farhan Al Saud urged Israel's new government on Wednesday to engage seriously on resolving the Palestinian conflict.

Prince Faisal, speaking at the World Economic Forum in Davos, said Israel's government was sending "some signals that maybe are not conducive to that".

He voiced hope it would see that resolving the conflict would be in Israel's interest and that of the wider region.

The Indian government is expected to set a conservative target for the funds it can raise through the disinvestment of state enterprises in fiscal 2024, analysts said.

"We pencil in divestment receipts of 350 billion Indian rupees ($4.30 billion) in 2022/23...For 2023/24, we factor in divestments of 500 billion rupees," Kotak Institutional Equities said in a note.

The Indian government has set a 650 billion rupee divestment target for 2022/23.

The dollar rose broadly on Thursday on the back of growth concerns about the US economy. Meanwhile, the yen rebounded as speculators doubled down on bets that the Bank of Japan would shift away from its yield curve control policy.

"Those weak data really reinforced market concerns about an imminent U.S. recession ... (which) really supported the dollar, and I think that will become a growing narrative in the coming months," said Carol Kong, a currency strategist at Commonwealth Bank of Australia (CBA).

Walmart-backed Indian digital payments app PhonePe has raised $350 million in a funding round. It was led by private equity firm General Atlantic that valued the company at $12 billion.