German industrial production took a steeper plunge than anticipated in September, according to data released on Tuesday. According to Reuters, the federal statistics office reported a 1.

German industrial production plummets beyond forecasts, signalling economic headwinds ahead 

Asia-Pacific markets saw a mixed start to the day, with some indexes rebounding after consecutive declines. Meanwhile, China reported a faster-than-expected decline in consumer prices.

Global Markets Roundup | S&P 500 extends winning streak for 8th straight session 

Flexible workspace provider WeWork filed for bankruptcy protection on Monday due to high debt and losses from lower demand for office space. WeWork, once valued at $47 billion, attracted blue-chip investors like SoftBank, Benchmark, and major Wall Street banks, including JPMorgan Chase.

Decoded: Cause of WeWork's failure & the company's next move

Czech-based company Bene Meat Technologies has achieved a significant milestone in the field of lab-grown meat, gaining approval from the European Union to produce cultivated meat for pet food consumption.

Czech firm Bene Meat gets EU approval for lab-grown pet food

CNMV, Spain's stock market supervisor, on Wednesday announced the initiation of its first case addressing potential breaches of regulations governing mass advertising campaigns for cryptoassets.

Spanish regulator launches first cryptoasset advertising case. Here's why it is important

Chinese authorities have directed Ping An Insurance Group to consider taking a controlling stake in Country Garden, the nation's largest private property developer, a Reuters report said on Thursday.

Chinese authorities urge Ping An to take controlling stake in Country Garden: Report  

Top leaders from global banking institutions on Tuesday expressed their apprehension that the next financial crisis could originate from escalating geopolitical tensions and the persistent spectre of regulatory tightening.

Global banking chiefs warn of geopolitical uncertainty and regulatory concerns

Japanese gaming giant Nintendo has raised its operating profit forecast for the financial year ending in March 2024 by 11 per cent, projecting a figure of 500 billion yen (approximately $3.

Nintendo raises profit outlook as Nintendo Switch remains a gaming force 

The International Monetary Fund (IMF) on Tuesday upgraded its growth forecasts for China, indicating that the country's economy is set to expand by 5.4 per cent this year, reflecting a robust Post-Covid recovery.

IMF raises China's 2023 and 2024 growth forecasts amid post-Covid recovery 

In a stark reminder of the unpredictable nature of agriculture, the global wine industry is facing its toughest challenge in decades. The International Organisation of Vine and Wine (OIV) has predicted a 7% drop in global wine production in 2023, taking it to a level not seen since 1961.

Sipping with sorrow: Wine output drops to 1961 levels

It's a new shift in the world of work. Indian tech companies like Infosys and Tata Consultancy Services (TCS) are leading the charge, mandating in-office work for their employees.

Future of Work: Tech industry's mandate to bring back the 'office'

Oil prices experienced a substantial drop of more than 4 per cent on Tuesday, hitting their lowest point since late July. The decline in prices was attributed to a combination of factors, including mixed Chinese economic data, an increase in OPEC exports, and the strengthening of the U.

Oil prices tumble over 4pc to its lowest level since July. Here's why

The US debt burden has further increased in the July-September quarter this year. As per a new report, US household debt rose by 78 billion dollars between July and September. The study by Wallethub finds the average amount of total debt owed by US households at over 145 thousand dollars.

Household debt rises by $78 bn in July-September quarter | World Business News

India's tech industry is bidding farewell to remote work, as companies unveil new mandates calling their employees back to the office. From Infosys to Tata Consultancy Services, we'll explore how the work-from-home era is giving way to a new normal. We'll also discuss the impact on employees, the rise of hybrid work models, and the ongoing debate over a 70-hour workweek.

Work from home to work from office | World Business Watch

Singapore Airlines on Tuesday posted a record half-year profit. This is good news for the overall travel & tourism sector as travel demand rose after passenger traffic to the northern Asia rebounded in the post-Covid world. The city-state's national carrier said net profit rose to $1.06 billion between April and September.

Singapore Airlines: Big post-Covid rebound | World News | Business News

Indian businesses are at the forefront of global optimism, with a remarkable 72 per cent expecting a substantial surge in Business-to-Business (B2B) spending in 2023, a survey commissioned by American Express with the Centre for Economics and Business Research (Cebr) has revealed.

Indian businesses outshine global peers, anticipate 72pc surge in B2B spending in 2023

There are nearly 15,80,000 women working in industries (manufacturing sector) in India; of this, 6,79,000 women, or 43 per cent, are working in the southern Indian state of Tamil Nadu.

Over 43% of Indian women working in manufacturing sector hail from this state

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. IndiGo's expansion plans face hurdles amid Pratt & Whitney engine troubles India's largest airline, IndiGo, remains committed to its capacity growth projections for the year, even as it anticipates grounding of over 30 planes in the fourth quarter due to ongoing concerns with its Pratt & Whitney (P&W) engines.

Wion Business Wrap | Indigo's positive outlook, massive fall in wine output & more

Singapore Airlines reported record-breaking half-year profits on Tuesday, indicating the resurgence of travel demand, particularly to Northern Asia, as countries have fully reopened post the Covid-19 pandemic.

Singapore Airlines achieves record half-year profit amid surging air travel demand 

Swiss banking giant UBS has reported its first quarterly loss in almost six years, mainly attributed to the ongoing process of integrating Credit Suisse into its operations, The Guardian reported on Tuesday.

UBS posts first quarterly loss in six years due to Credit Suisse integration

India's largest airline, IndiGo, remains committed to its capacity growth projections for the year, even as it anticipates grounding of over 30 planes in the fourth quarter due to ongoing concerns with its Pratt & Whitney (P&W) engines, a Reuters report said on Tuesday.

IndiGo's expansion plans face hurdles amid Pratt & Whitney engine troubles

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Italy grapples with billions in losses from severe flooding and extreme weather This year's extreme weather events have devastated Italy, killing crops in certain regions and seriously damaging urban areas.

WION Business Wrap | Italy’s losses from extreme weather, Foxconn’s sales decline & more 

China's struggle against deflationary pressures continues, casting a shadow on the stability of its economic recovery as 2023 approaches its end. Economists surveyed by Bloomberg anticipate that the data to be released on Thursday will likely reveal a return to deflation in China's consumer prices for the month of October.

China faces persistent deflation challenges as economic fragility persists

Saudi Arabia's non-oil business sector has seen a strong growth trend, as indicated by a recent survey, revealing that the Kingdom's economy has been on an upward trajectory for a second consecutive month in October.

Saudi Arabia’s non-oil business activity surges to four-month high on new orders

Italy is counting the high cost of extreme weather events that have ravaged the country this year, causing significant damage to urban areas and destroying crops in various regions.

Italy grapples with billions in losses from severe flooding and extreme weather

Foxconn, the world's largest iPhone assembler, has experienced a 4.6 per cent decline in its October sales, raising concerns about the company's future amidst a Chinese investigation.

Foxconn sees decline in sales amid Chinese investigation: Report