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Nine dead after armed men raid Peru's Poderosa mine - ministry
  + stars: | 2023-12-03 | by ( )   time to read: +1 min
LIMA, Dec 2 (Reuters) - Nine people were killed and 15 injured after armed men raided Peru's Poderosa mine with explosives and took hostages, the Interior Ministry said late on Saturday. Police have "taken control of the situation", seven people have been arrested and weapons seized, the ministry said in a statement, adding it had ordered special forces to the area to support local police. The attackers entered the mine shaft, using explosive charges, "violently confronting internal security personnel from the company and taking four people hostage", the ministry said. Peru is the world's second-largest producer of copper, and an important silver and gold producer. Reporting by Marco Aquino in Lima and Shivani Tanna in Bengaluru; Editing by Lincoln Feast and William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: LIMA, Peru's, Pedro Castillo, Marco Aquino, Lincoln, William Mallard Organizations: Interior Ministry, Saturday . Police, Thomson Locations: Peru, Lima, Bengaluru
AstraZeneca, AI biologics firm Absci tie up on cancer drug - FT
  + stars: | 2023-12-03 | by ( )   time to read: +1 min
The AstraZeneca logo is pictured outside the AstraZeneca office building in Brussels as part of the coronavirus disease (COVID-19) vaccination campaign, Belgium, January 28, 2021. REUTERS/Johanna Geron/File Photo Acquire Licensing RightsCompanies Absci Corp FollowAstraZeneca PLC FollowDec 3 (Reuters) - Anglo-Swedish drugmaker AstraZeneca (AZN.L) has signed a deal worth up to $247 million with U.S. artificial intelligence (AI) biologics firm Absci (ABSI.O) to design an antibody to fight cancer, the Financial Times reported on Sunday. The collaboration aims to harness Absci's AI technology for large-scale protein analysis to find a viable oncology therapy, a leading focus of AstraZeneca, the report said. Absci and AstraZeneca did not immediately respond to a Reuters requests for comment. Absci applies generative artificial intelligence to design optimal drug candidates based on target affinity, safety, manufacturability and other traits.
Persons: Johanna Geron, Sean McClain, Absci’s, Shivani Tanna, William Mallard Organizations: AstraZeneca, REUTERS, U.S, Financial Times, Thomson Locations: Brussels, Belgium, Swedish, Bengaluru
Magnitude 6.4 earthquake in Philippine Islands region
  + stars: | 2023-12-03 | by ( )   time to read: 1 min
Dec 3 (Reuters) - A magnitude 6.4 earthquake struck the Philippine Islands region on Sunday, the German Research Centre for Geosciences said. The quake was 10 km below the Earth's surface, GFZ said. Reporting by Surbhi Misra in Bengaluru Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
Persons: GFZ, Surbhi Misra, David Goodman Organizations: German Research Centre, Geosciences, Thomson Locations: Philippine, Bengaluru
Detroit Casino Council ratify contract with MGM, Penn
  + stars: | 2023-12-03 | by ( )   time to read: 1 min
A view of MGM Grand hotel and casino signage, after MGM Resorts shut down some computer systems due to a cyber attack in Las Vegas, Nevada, U.S., September 13, 2023. REUTERS/Bridget Bennett/File Photo Acquire Licensing RightsDec 2 (Reuters) - Unions representing casino workers in Detroit have voted to ratify a new contract with MGM Grand Detroit operated by MGM Resorts (MGM.N), Hollywood Casino at Greektown operated by Penn Entertainment (PENN.O) and MotorCity Casino, Unite Here union said on Saturday. The unions will end the 47-day strike immediately, Unite Here union said in a statement. Reporting by Jose Joseph in Bengaluru; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.
Persons: Bridget Bennett, Jose Joseph, Daniel Wallis Organizations: MGM, MGM Resorts, REUTERS, Unions, MGM Grand Detroit, Hollywood, Penn Entertainment, Thomson Locations: Las Vegas , Nevada, U.S, Detroit, Greektown, Bengaluru
Nine Dead After Armed Men Raid Peru's Poderosa Mine - Ministry
  + stars: | 2023-12-02 | by ( Dec. | At P.M. | )   time to read: +1 min
LIMA (Reuters) -Nine people were killed and 15 injured after armed men raided Peru's Poderosa mine with explosives and took hostages, the Interior Ministry said late on Saturday. Police have "taken control of the situation", seven people have been arrested and weapons seized, the ministry said in a statement, adding it had ordered special forces to the area to support local police. The attackers entered the mine shaft, using explosive charges, "violently confronting internal security personnel from the company and taking four people hostage", the ministry said. Peru is the world's second-largest producer of copper, and an important silver and gold producer. (Reporting by Marco Aquino in Lima and Shivani Tanna in Bengaluru; Editing by Lincoln Feast and William Mallard)
Persons: Peru's, Pedro Castillo, Marco Aquino, Lincoln, William Mallard Organizations: Reuters, Interior Ministry, Saturday . Police Locations: LIMA, Peru, Lima, Bengaluru
Evacuations were continuing in the Philippines, where there were no initial reports of significant wave damage or casualties despite continuing aftershocks. The Philippine Institute of Volcanology and Seismology, Phivolcs, maintained that the risk of a tsunami remained. However, the two provinces are largely rural and not densely populated, unlike other parts of the Philippines. The EMSC said the quake of magnitude 7.5 had struck at a depth of 63 km (39 miles), while the U.S. Geographic Survey put the quake at magnitude 7.6 and a depth of 32 km (20 miles), and said it had struck at 10:37 p.m. (1437 GMT).
Persons: Mikhail Flores MANILA, Phivolcs, Raymark Gentallan, James Soria, Cosme Calejesan, EMSC, Mrinmay Dey, Mikhail Flores, Karen Lema, Kiyoshi Takenaka, Kevin Liffey, Alison Williams, David Holmes, Jonathan Oatis Organizations: U.S ., Philippine Institute of, Japan Meteorological Agency, Seismological, Reuters, Earthquakes, U.S . Geographic Survey Locations: Philippines, Mindanao, Japan, U.S, Tokyo, Surigao Del Sur, Davao Oriental, Hinatuan, Surigao City, Bengaluru, Manila
Dec 2 (Reuters) - An earthquake of at least magnitude 7.5 struck Mindanao in the southern Philippines late on Saturday, triggering evacuation orders for some areas and southwestern Japanese coasts because of warnings of tsunami waves of a metre (3 feet) or more. The Philippine Seismology Agency Phivolcs said the waves could hit the Philippines by midnight (1600 GMT) and continue for hours. The U.S. Tsunami Warning System said there could be waves of up to 3 metres above the tide level along some Philippine coasts. The Japanese broadcaster NHK said tsunami waves of up to a metre were expected to reach Japan's southwestern coast around 30 minutes later - by 1:30 a.m. on Sunday (1630 GMT on Saturday). The European-Mediterranean Seismological Centre (EMSC) said a quake of magnitude 7.5 had struck at a depth of 63 km (39 miles).
Persons: Agency Phivolcs, Phivolcs, Mrinmay Dey, Mikhail Flores, Kiyoshi Takenaka, Kevin Liffey, Diane Craft, Alison Williams Organizations: Agency, U.S ., NHK, Seismological, U.S . Geographic Survey, Thomson Locations: Mindanao, Philippines, Philippine, U.S, Surigao Del Sur, Davao Oriental, Japanese, Hinatuan, Earthquakes, Bengaluru, Manila, Tokyo
A person walks past the Pfizer Headquarters building in the Manhattan borough of New York City, New York, U.S., November 9, 2020. Pfizer said it would instead focus on a once-daily, modified release version of danuglipron and "gathering the data to understand its potential profile". In the current study of the twice-daily version, Pfizer said the drug, however, met the main goal of reducing weight in adults with obesity and without type 2 diabetes. Pfizer said while the common side effects in the twice-daily version study were mild, it saw high rates of those events in the trial. However, no new safety signals were observed in the study, Pfizer said.
Persons: Carlo Allegri, danuglipron, Eli Lilly's, Mikael Dolsten, Pfizer, Manas Mishra, Michael Erman, Shinjini Organizations: Pfizer, REUTERS, Zepbound, Thomson Locations: Manhattan, New York City , New York, U.S, Bengaluru, New York
Southwest airline pilots approach to land at San Diego International airport in San Diego, California, U.S., May 18, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsDec 1 (Reuters) - Southwest Airlines (LUV.N) and its pilots' union were nearing a new labor deal ahead of the holiday season, a person familiar with the negotiations said on Friday. The company remains committed to reaching a deal that rewards its pilots and places them competitively in the industry, it added. Earlier this year, major carriers American Airlines, Delta, and United Airlines successfully reached agreements with their respective pilot unions. CNBC first reported that Southwest was nearing a new contract with the union.
Persons: Mike Blake, Pratyush Thakur, Rajesh Kumar Singh, Krishna Chandra Eluri, Arun Koyyur Organizations: San Diego International, REUTERS, Southwest Airlines, Southwest, Transport Workers Union Local, American Airlines, United Airlines, CNBC, Thomson Locations: San Diego , California, U.S, Delta, Bengaluru, Chicago
EV maker Fisker slashes 2023 production target
  + stars: | 2023-12-01 | by ( )   time to read: +1 min
The logo of Fisker Automotive is pictured on a car at the 2022 Paris Auto Show in Paris, France, October 18, 2022. REUTERS/Stephane Mahe/File Photo Acquire Licensing RightsDec 1 (Reuters) - Electric-vehicle maker Fisker (FSR.N) said on Friday it will scale down production this month, and produce lesser cars this year than its previous guidance, to prioritize cash for working capital needs. Shares of the EV maker, which has been struggling with a cash crunch, rose 7% in premarket. "Fisker has made a strategic decision to reduce December production to prioritize liquidity to unlock over $300 million of working capital," the company said. Fisker cut its production target for the year to just over 10,000 units, compared with its earlier forecast of 13,000 to 17,000.
Persons: Stephane Mahe, Fisker, Yuvraj Malik, Sriraj Kalluvila, Krishna Chandra Organizations: Fisker, REUTERS, Thomson Locations: Paris, France, premarket, Bengaluru
Dec 1 (Reuters) - Eli Lilly (LLY.N) said on Friday the U.S. Food and Drug Administration (FDA) gave a second approval for its drug Jaypirca, which is used to treat a form of blood cancer. The company said the health regulator gave the new approval to the drug for the treatment of chronic lymphocytic leukemia (CLL), a type of cancer in which the bone marrow makes too many of certain white blood cells. Jaypirca was first given accelerated approval by the FDA on Jan. 27 for the treatment of mantle cell lymphoma (MCL), a rare type of blood cancer that starts in white blood cells and spreads to other parts of the body. MCL is a more aggressive form of cancer compared to CLL, according to the National Institutes of Health. The drug aims to treat adults with CLL after at least two lines of therapy.
Persons: Eli Lilly, LLY.N, Jaypirca, Christy Santhosh, Arun Koyyur Organizations: U.S . Food, Drug Administration, FDA, National Institutes of Health, CLL, Thomson Locations: Bengaluru
The logo of a Tesla electric vehicle is placed on a car outside a dealership in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsDec 1 (Reuters) - Tesla shares (TSLA.O) fell about 2% on Friday after the highly anticipated launch of its Cybertruck left analysts concerned about the electric vehicle's steep price tag and a longer wait for significant financial payoff. Musk has said Tesla was likely to reach a production rate of roughly 250,000 Cybertrucks a year in 2025. At $235.45, Tesla was set to lose about $15 billion in market valuation on Friday. "Cybertruck is more of a 'halo' product, in our view, to attract consumers to the brand for the mainstream vehicles Model 3 and Model Y," RBC Capital Markets analyst Tom Narayan said.
Persons: Yves Herman, Elon Musk, Wedbush, Bernstein, Musk, Tesla, Tesla's, Rivian, R1T, Tom Narayan, Samrhitha Arunasalam, Chavi Mehta, Devika Organizations: REUTERS, General Motors, Hummer, RBC Capital, Thomson Locations: Drogenbos, Belgium, Bengaluru
Dec 1 (Reuters) - Canada's Brookfield Asset Management (BAM.TO) said on Friday it had raised $28 billion for its largest-ever fund, wagering on infrastructure assets the company believes would benefit from a shift to "deglobalization", given recent geopolitical tensions. Brookfield said the fund has already deployed 40% of its capital in six investments including renewable, transport, data center and telecom tower assets. The company, which manages over $850 billion in assets, said it had also raised $2 billion for related co-investment vehicles. Besides "deglobalization", Brookfield's latest fund will also focus on infrastructure assets tied to digitalization and decarbonization, the company said. The company had raised $20 billion for its previous global infrastructure fund in 2020.
Persons: Brookfield, Niket, Pooja Desai Organizations: Brookfield Asset Management, Thomson Locations: Brookfield, Ukraine, Bengaluru
[1/2] Toy figures of people are seen in front of the displayed Paramount + logo, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Acquire Licensing RightsDec 1 (Reuters) - Apple (AAPL.O) and Paramount Global (PARA.O) have discussed bundling their streaming services at a discount, the Wall Street Journal reported on Friday. The companies have talked about offering a combined Paramount+ and Apple TV+ offering that would cost less than subscribing to both services separately, the report said, citing people familiar with the discussions. The talks are in their early stages, and it is unclear what shape the bundle could take, the report added. Apple and Paramount did not immediately respond to Reuters requests for comment.
Persons: Dado Ruvic, Chavi Mehta, Pooja Desai Organizations: REUTERS, Paramount Global, Wall Street, Paramount, Apple, Thomson Locations: Bengaluru
Shares of bitcoin miners - whose profitability improves as bitcoin climbs - including Riot Platforms (RIOT.O), Marathon Digital (MARA.O) and TeraWulf (WULF.O) rose between 1.7% and 4%. "Higher crypto prices should lead to a boost in transaction volume and transaction revenues for Coinbase as we enter 2024," said CFRA Research analyst Michael Elliott. However, Elliott cautioned the crypto exchange faces both legal challenges and new regulations that are likely to take time to play out and will continue to result in volatility for the stock. The ETF approval bets have helped counter latest concerns after Changpeng Zhao, the founder of the world's largest crypto exchange, stepped down and pleaded guilty to breaking U.S. anti-money laundering laws. Among other gainers were U.S. software developer and bitcoin investor Microstrategy (MSTR.O), up nearly 3.5%, and ProShares Bitcoin Strategy ETF (BITO.P), which added 2.1%.
Persons: Dado Ruvic, Noelle Acheson, J.P.Morgan, Iris, Michael Elliott, Elliott, Changpeng Zhao, Microstrategy, Medha Singh, Sriraj Kalluvila, Krishna Chandra Organizations: REUTERS, Cipher Mining, Iris Energy, Marathon, CFRA, Thomson Locations: bitcoin, Bengaluru
View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. REUTERS/Aris Martínez/File Photo Acquire Licensing RightsDec 1 (Reuters) - First Quantum Minerals (FM.TO) has suspended its current-year production outlook for the Cobre mine in Panama and has initiated international arbitration over a contested contract with the country's government, the miner said on Friday. The Canadian company said its local unit had started arbitration before the International Court of Arbitration to protect its rights under the 2023 concession. On Tuesday, President Laurentino Cortizo said the Cobre Panama mine would be shut down, hours after Panama's Supreme Court declared the contract unconstitutional. The miner exited the African nation in 2012 after filing an arbitration procedure for cancelling its mining contract.
Persons: Laurentino Cortizo, Tristan Pascall, Tanay, Devika Syamnath Organizations: Minerals, REUTERS, Aris, International Court, Democratic, Thomson Locations: Panama, Donoso, Miami , Florida, Democratic Republic Of Congo, Bengaluru
Meanwhile, shares of PDD Holdings (PDD.O) have surged this week following stellar quarterly results from the Temu parent. The company closed with a market capitalization of nearly $196 billion on Thursday, surpassing Alibaba's market value of $190.45 billion. They also noted uncertainties from Alibaba's decision to scrap the spin-off of its cloud business. Morgan Stanley cut its price target on the stock to $90 from $110, the second lowest among analysts, as per LSEG data. PDD shares were down 2.1% at $144.4 but have surged almost 80% in 2023, handily outperforming its peers.
Persons: Dado Ruvic, Morgan Stanley, PDD, Alibaba, Morgan Stanley's Eddy Wang, Sruthi Shankar, Sriraj Organizations: REUTERS, Alibaba, PDD Holdings, Wall, Vipshop Holdings, Thomson Locations: China, Alibaba's, Bengaluru
The National Bank of Canada logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie/File Photo Acquire Licensing RightsDec 1 (Reuters) - National Bank of Canada (NA.TO) reported a rise in fourth-quarter profit on Friday, as a strong performance at its capital markets unit helped offset the hit from bigger provisions. NBC's adjusted net interest income, the difference between what banks earn on loans and pay out on deposits, slumped about 35.1% to C$825 million. Its financial markets segment, however, posted an adjusted net income of C$289 million, up 42%, driven by strength in capital markets and global markets businesses. The bank's adjusted net income rose to C$867 million ($641.13 million), or C$2.44 per share, for the three months ended Oct. 31, from C$738 million, or C$2.08 per share, a year earlier.
Persons: Chris Wattie, Arasu Kannagi Basil, Shilpi Majumdar Organizations: National Bank of Canada, REUTERS, Thomson Locations: Ottawa , Ontario, Canada, Montreal, Bengaluru
Spot gold rose 0.3% at $2,042.58 per ounce by 0621 GMT on Friday, and is up about 2% for the week so far. The metal rose $60 in November in its second straight monthly gain. Data on Thursday showed U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest in more than 2-1/2 years. "However, month-end flow may have also been a factor, and seasonality tends to favour gains for gold between November and December," City Index's Simpson added. Spot silver and platinum edged up 0.1% to $25.29 and $927.44 per ounce, respectively, while palladium rose 0.4% to $1,011.65.
Persons: Alexander Manzyuk, Powell, Matt Simpson, CME's, Index's Simpson, Hugo Pascal, Harshit Verma, Nivedita Bhattacharjee, Mrigank Organizations: REUTERS, Federal, Reuters, Federal Reserve, Traders, U.S, Thomson Locations: Novosibirsk, Siberian, Russia, U.S, Bengaluru
Tech giants lead surge in global mega-caps as inflation eases
  + stars: | 2023-12-01 | by ( )   time to read: +2 min
Apple Inc's (AAPL.O) market value jumped 11.2% to $2.95 trillion over the past month, while Microsoft Corp (MSFT.O) saw a 12.1% increase in its market cap, reaching $2.8 trillion. Reuters Graphics Reuters GraphicsNvidia Corp's (NVDA.O) market cap soared 14.7% to $1.15 trillion, following its announcement of a 206% year-over-year revenue increase to $18.1 billion in the third quarter. JPMorgan Chase & Co (JPM.N) saw its market cap increase by 12.2% to $451 billion by the end of November. In other sectors, Tesla Inc's (TSLA.O) market value rose nearly 20% to $763.2 billion last month, following a price hike for its Model 3 and Y vehicles in China. Saudi Arabian Oil Co (2222.SE) and Exxon Mobil Corp (XOM.N) saw market caps fall by 0.3% and 2.9%, respectively.
Persons: Mike Segar, Tesla, Patturaja Murugaboopathy, Gaurav Dogra, Kim Coghill Organizations: Apple Inc, Apple, REUTERS, Microsoft Corp, Reuters Graphics Reuters, Nvidia, JPMorgan Chase &, Rho, Saudi Arabian Oil Co, Exxon Mobil Corp, Thomson Locations: Manhattan , New York, U.S, China, Saudi, Bengaluru
OpenAI delays launch of custom GPT store to early 2024
  + stars: | 2023-12-01 | by ( )   time to read: +1 min
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsDec 1 (Reuters) - ChatGPT maker OpenAI has delayed the launch of its custom GPT store until early 2024, according to an internal memo seen by Reuters on Friday. During its first developer conference in November, OpenAI introduced the custom GPTs and store, which were set to be launched later that month. The company is continuing to "make improvements" to GPTs based on customer feedback, the memo said. The GPTs are early versions of AI assistants that perform real-world tasks such as booking flights on behalf of a user. It is also expected to allow users to share their GPTs and earn money based on the number of users.
Persons: Dado Ruvic, OpenAI, Sam Altman, Arsheeya, Shailesh Kuber, Arun Koyyur Organizations: REUTERS, Reuters, Thomson Locations: Bengaluru
REUTERS/Mike Segar/File Photo Acquire Licensing RightsDec 1 (Reuters) - Retailers like and Foot Locker are signaling optimism for holiday season sales after stronger-than-expected figures during Black Friday and Cyber Monday, as heavy discounts lured budget-strained customers on the peak U.S. shopping days. Early estimates on holiday shopping have been encouraging to some investors after retailers sounded cautious notes in the lead-up to the season. "We know we're buying for wallet share with a value-conscious consumer this holiday season. Deep discounts have been a key feature heading into this year's holiday shopping season and holiday discounts could get even bigger in December, according to some retail executives. Kohl's (KSS.N) CEO Tom Kingsbury said last week the company was "coming out on holiday very aggressively in terms of promotions."
Persons: Mike Segar, Jimmy Lee, we've, Mary Dillon, Tom Kingsbury, Cos, Jason Benowitz, Deborah Sophia, Juby Babu, Pooja Desai Organizations: REUTERS, Adobe Analytics, National Retail Federation, Wealth Consulting, Amazon, Black, BofA, Walmart, Abercrombie, Fitch, American Eagle Outfitters, Roosevelt, Thomson Locations: Robbinsville , New Jersey, U.S, Bengaluru
A logo of the bank is seen next to the headquarters of Commerzbank one day ahead of the bank's rejoinment to Germany's share price index DAX in Frankfurt, Germany, February 26, 2023. The German bank is talking to sovereign wealth funds about becoming an anchor investor to shore up its defenses against any opportunistic takeover bid and preserve its independence, the report added, citing people familiar with the matter. The bank has also discussed internally the prospect and implications of the German government selling down its stake, the report said. Commerzbank did not immediately respond to a Reuters request for comment. Editing by Jane MerrimanOur Standards: The Thomson Reuters Trust Principles.
Persons: DAX, Kai Pfaffenbach, Manfred Knof, Commerzbank, Gursimran Kaur, Jane Merriman Organizations: REUTERS, Bloomberg, Thomson Locations: Frankfurt, Germany, Asia, Bengaluru
An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. REUTERS/Florence Lo/File Photo Acquire Licensing RightsDec 1 (Reuters) - A group of offshore creditors to China Evergrande Group (3333.HK) is asking for a controlling equity stake of the developer and two of its Hong Kong subsidiaries as part of company's revised debt restructuring proposal, a source familiar with the matter said on Friday. The group, which works as an ad hoc group of Evergrande's offshore creditors, made the request after the developer earlier this week made a new offer to repay their offshore debts, the source said. Evergrande has until a Hong Kong court hearing on Monday to present a "concrete" revised debt restructuring proposal for offshore creditors, a judge said last month after its original plan had lapsed. Reporting by Xie Yu in Hong Kong, Gnaneshwar Rajan in Bengaluru; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
Persons: Florence, Evergrande, Xie Yu, Gnaneshwar, Stephen Coates Organizations: REUTERS, China Evergrande, Hong Kong, Bloomberg News, Reuters, Thomson Locations: Beijing, China, HK, Hong, Hong Kong, Gnaneshwar Rajan, Bengaluru
The NSE Nifty 50 index (.NSEI) rose as much as 0.52% to 20,238.45, a new record high, while the S&P BSE Sensex (.BSESN) was up 0.44% at 67,286.16, as of 9:35 a.m. IST. "India's growth outlook remains positive, with various capex initiatives of the government likely to trigger consumption at the bottom of the pyramid," Pramod Gubbi, founder of Marcellus Investment Management, said. India's Nifty and Sensex posted their best month in 2023 in November, aided by the return on foreign portfolio investor (FPI) inflows. India's general elections are due early next year. Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sonia Cheema and Mrigank DhaniwalaOur Standards: The Thomson Reuters Trust Principles.
Persons: Francis Mascarenhas, Gubbi, India's, Sensex, Madhavi Arora, Bharath Rajeswaran, Sonia Cheema Organizations: National Stock Exchange, REUTERS, Rights, NSE, BSE, Reuters, Reserve Bank, Marcellus Investment Management, Wall, Dow Jones, Bharatiya Janata Party, BJP, Indian National Congress, Emkay Global Financial Services, Thomson Locations: Mumbai, India, U.S, Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana, Bengaluru
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