- Deutsche Bank Group Stuck With Software Loans in Rare Hung Deal February 3, 2026A group of banks led by Deutsche Bank AG has been unable to sell about $1.2 billion of loans backing the acquisition of a software provider — the latest casualty of investor fears surrounding disruption from artificial intelligence.
- Bankers Prep €2.5 Billion Debt as ContiTech Unit Sale Kicks Off February 3, 2026Bankers are working on debt packages of around €2.5 billion ($2.9 billion) to back a potential acquisition of Continental AG’s industrial ContiTech unit, as a highly-anticipated sales process kicks off.
- Disney taps parks head Josh DAmaro as CEO to lead post-Iger era February 3, 2026WALT DISNEY-CEO/ (UPDATE 5, PIX, GRAPHICS):UPDATE 5-Disney taps parks head Josh D'Amaro as CEO to lead post-Iger era
- Walmart joins $1 trillion club: What powered the historic milestone February 3, 2026Walmart became the first retailer to hit a $1 trillion market valuation after a 26% stock rally, driven by rapid digital expansion, AI-led efficiencies and its ability to attract both high- and low-income shoppers.
- Walt Disney theme parks division chief Josh D’Amaro to succeed CEO Bob Iger February 3, 2026Josh D'Amaro has been appointed as Disney's new CEO, succeeding Bob Iger, amid challenges in the theme parks sector amid declining tourism. D'Amaro is leading a regional expansion into the Middle East with a new park in Abu Dhabi, while navigating the impacts of generative AI on the industry.
- High contribution to global growth draws India to the centre stage: Nirmala Sitharaman February 3, 2026In this budget that the transfer pricing arrangements are being made simpler. Advance authorisation is being made simpler and offers certainty. Steps are being taken both for simplifying the process and ease of doing business. Customs laws are also being simplified. Compliances are being eased, and we now want to move to a completely mechanised scanning proc […]
- No levy on US goods, but India's agri shielded: USTR February 3, 2026The Trade Representative said the US would continue to work on access to certain protected areas of India’s agriculture sector, but said tariffs “for a variety of things... tree nuts, wine, spirits, fruits, vegetables, etc, they're going down to zero.”
- Tax framework ensures level playing field for industry, says Arvind Shrivastava February 3, 2026New Delhi's tax framework ensures fair competition for Indian industry. Revenue Secretary Arvind Shrivastava highlighted budget reforms for data centres and special economic zones. The government believes in taxpayer autonomy and trust-based compliance. The system aims to reduce friction between taxpayers and tax authorities.
- EPFO may ease PF interest rate to 8-8.2% in FY26 February 3, 2026The Employees' Provident Fund Organisation is set to consider a slight reduction in the interest rate for provident fund deposits for the upcoming financial year. However, upcoming elections might influence the decision, potentially leading to the rate remaining unchanged for the third consecutive year. The organisation is also looking to increase the w […]
- 'US tariff cut may lift GDP by 20-30 bps', say economists February 3, 2026India's economy is set for a boost as the US lowers tariffs on Indian goods. This move is expected to increase India's GDP by 20-30 basis points next fiscal year. Key sectors like gems and jewellery, textiles, and marine products will see improved exports. The rupee is also likely to stabilize with increased foreign investment.
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