Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...

BRICS issues rebuke on trade and Iran, avoids direct US criticism

BRICS issues rebuke on trade and Iran, avoids direct US criticism

RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...

BP appoints ex-Shell finance chief Simon Henry to board

BP appoints ex-Shell finance chief Simon Henry to board

LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...

FedEx, UPS step up as Canada Post loses market share in strikes

FedEx, UPS step up as Canada Post loses market share in strikes

OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...

U.S. stocks steady Tuesday despite tariffs turmoil

U.S. stocks steady Tuesday despite tariffs turmoil

NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...

Beijing blamed for covert disinformation on French fighter jet Rafale

Beijing blamed for covert disinformation on French fighter jet Rafale

PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...

Birkenstock steps up legal battle over fakes in India

Birkenstock steps up legal battle over fakes in India

NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...

Beijing hits back at EU with medical device import curbs

Beijing hits back at EU with medical device import curbs

HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...

Wall Street reels after Trump invokes new tariffs

Wall Street reels after Trump invokes new tariffs

NEW YORK, New York - Monday's trading session saw mixed performances across U.S. and global markets, with several major indices posting...

Trump admin allows GE to restart engine sales to China’s COMAC

Trump admin allows GE to restart engine sales to China’s COMAC

WASHINGTON, D.C.: The U.S. government has granted GE Aerospace permission to resume jet engine shipments to China's COMAC, a person...

Saudi Aramco plans asset sales to raise billions, say sources

Saudi Aramco plans asset sales to raise billions, say sources

DUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...

Russia among 4 systemic risk countries for Italian banks

Russia among 4 systemic risk countries for Italian banks

MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...

US debt limit raised, but spending bill fuels fiscal concerns

US debt limit raised, but spending bill fuels fiscal concerns

NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...

Shein hit with 40 million euro fine in France over deceptive discounts

Shein hit with 40 million euro fine in France over deceptive discounts

PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...

Meta hires SSI CEO Gross as AI race intensifies among tech giants

Meta hires SSI CEO Gross as AI race intensifies among tech giants

PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...

Engine defect prompts Nissan to recall over 443,000 vehicles

Engine defect prompts Nissan to recall over 443,000 vehicles

FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...

Microsoft trims jobs to manage soaring AI infrastructure costs

Microsoft trims jobs to manage soaring AI infrastructure costs

REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...

Indian trade delegation to visit Washington as India-US trade talks enter final stage: Govt Sources

Indian trade delegation to visit Washington as India-US trade talks enter final stage: Govt Sources

New Delhi [India], July 10 (ANI): India and the United States have stepped up their trade talks, with both sides actively engaging...

Broader consumption demand may take two quarters to recover: Axis Securities

Broader consumption demand may take two quarters to recover: Axis Securities

New Delhi [India], July 10 (ANI): The broader consumption demand in the country may take one or two more quarters to recover fully,...

US may impose lower tariffs on India as compared to other Asia-Pacific countries: Report

US may impose lower tariffs on India as compared to other Asia-Pacific countries: Report

New Delhi [India], July 10 (ANI): India could emerge as a major beneficiary of the United States' latest tariff policy as Washington...

Update: China's auto market posts strong growth in H1

Update: China's auto market posts strong growth in H1

BEIJING, July 10 (Xinhua) -- China's auto production and sales logged double-digit increases in the first half of the year (H1), a...

Parliament Standing Committee on Home Affairs to meet today, discuss cybercrime prevention

Parliament Standing Committee on Home Affairs to meet today, discuss cybercrime prevention

New Delhi [India], July 10 (ANI): The Parliamentary Standing Committee on Home Affairs will hold a meeting on Thursday to discuss the...

Parliamentary Standing Committee on Finance to meet today

Parliamentary Standing Committee on Finance to meet today

New Delhi [India], July 10 (ANI): Parliamentary Standing Committee on Finance, headed by BJP MP Bhartruhari Mahtab, will hold a meeting...

Loan recovery practices of NBFCs must be fair, respectful: FM Sitharaman

Loan recovery practices of NBFCs must be fair, respectful: FM Sitharaman

New Delhi [India], July 10 (ANI): Union Finance Minister Nirmala Sitharaman emphasized that the loan recovery practices of Non-Banking...

Indian banks' systemic deposit growth gain momentum but NIM likely to dip 30bps (YoY): Report

Indian banks' systemic deposit growth gain momentum but NIM likely to dip 30bps (YoY): Report

New Delhi [India], July 10 (ANI): The Indian banking sector is witnessing a steady pickup in deposit growth, but banks are likely to...

From resilient economy to wider opening up, China's 14th five-year plan delivers remarkable results

From resilient economy to wider opening up, China's 14th five-year plan delivers remarkable results

BEIJING, July 10 (Xinhua) -- With the 14th Five-Year Plan period (2021-2025) nearing conclusion, China has clocked up a series of landmark...

EU seeks trade deal framework with U.S., keeps retaliation option open: officials

EU seeks trade deal framework with U.S., keeps retaliation option open: officials

EU officials have said the bloc seeks a trade deal framework with the United States, but keeps retaliation option open. BRUSSELS,...

India's High Commissioner to UK highlights efforts to improve logistics infrastructure, create favorable business environment

India's High Commissioner to UK highlights efforts to improve logistics infrastructure, create favorable business environment

London [UK], July 9 (ANI): India's High Commissioner to the UK, Vikram Doraiswami, emphasised the country's growing focus on enhancing...

NPCI, Namibian Central Bank enter licensing agreement to develop a UPI-like instant payment system: MEA

NPCI, Namibian Central Bank enter licensing agreement to develop a UPI-like instant payment system: MEA

Windhoek [Namibia], July 9 (ANI): The Ministry of External Affairs on Wednesday confirmed a licensing agreement between India and Namibia...

Stalin of the EU: How the unelected Queen of the Union plans to keep her grip on power

Stalin of the EU: How the unelected Queen of the Union plans to keep her grip on power

If Brussels followed its professed ideals, the European Commission and its head would fall ...

US firms dodging restrictions to get Chinas minerals Reuters

US firms dodging restrictions to get Chinas minerals  Reuters

Shipments are reportedly being rerouted through Thailand and Mexico American companies are skirting China's export ban by rerouting...

Time to go: Orban demands von der Leyens departure

Time to go: Orban demands von der Leyens departure

The Hungarian PM mocked the EU chief ahead of Thursdays no confidence vote over her handling of vaccine deals Hungarian Prime Minister...

Defence spending is like insurance - how will NZ pay the higher premiums?

Defence spending is like insurance - how will NZ pay the higher premiums?

Defence spending is like insurance - you have to pay for it but you hope you never have to use it. And the higher the risk you face,...

Update: China urges EU to pursue more positive, pragmatic policy toward China

Update: China urges EU to pursue more positive, pragmatic policy toward China

BEIJING, July 9 (Xinhua) -- A Chinese foreign ministry spokesperson on Wednesday urged the European Union (EU) to form a more objective...

No plans to introduce Rs 50 coin, public prefers notes due to light weight: Centre tells Delhi HC

No plans to introduce Rs 50 coin, public prefers notes due to light weight: Centre tells Delhi HC

New Delhi [India], July 9 (ANI): The Union Finance Ministry has informed the Delhi High Court that it currently has no plans to introduce...

EVs to drive lithium-ion battery demand growth by remarkable 48% CAGR through 2030: Report

EVs to drive lithium-ion battery demand growth by remarkable 48% CAGR through 2030: Report

New Delhi [India], July 9 (ANI): The lithium-ion battery (LiB) market in India is poised for rapid growth, driven by increasing demand...

EU could hand another 100bn to Ukraine Bloomberg

EU could hand another 100bn to Ukraine  Bloomberg

A special fund is being considered in the blocs next seven-year budget, insiders have told the news outlet European Union officials...

Indian banks need to improve deposit strategies with volatile interest rate trajectory: BCG report

Indian banks need to improve deposit strategies with volatile interest rate trajectory: BCG report

New Delhi [India], July 9 (ANI): As Indian savers increasingly explore mutual funds, pensions, and direct investments, among others,...

(Hello Africa) Kenyan visitors flock to Chinese products at annual trade expo

(Hello Africa) Kenyan visitors flock to Chinese products at annual trade expo

Over 100 exhibitors, including more than 80 from China, are showcasing their products at the 10th edition of China Trade Week, which...

Indian Banks see robust market cap growth in Q2 2025 amid rate cuts and liquidity boost: Report

Indian Banks see robust market cap growth in Q2 2025 amid rate cuts and liquidity boost: Report

New Delhi [India], July 9 (ANI): Indian banks witnessed significant gains in market capitalisation during the April-June quarter of...

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BP appoints ex-Shell finance chief Simon Henry to board
BP appoints ex-Shell finance chief Simon Henry to board

LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...


Russia among 4 systemic risk countries for Italian banks
Russia among 4 systemic risk countries for Italian banks

MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...


US sends message by publicizing visa ban on UK punk-rap band
US sends message by publicizing visa ban on UK punk-rap band

WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...


Tragedy in Spain: Diogo Jota and his brother die in car accident
Tragedy in Spain: Diogo Jota and his brother die in car accident

MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...


Early heatwave grips Europe, leaving 8 dead and nations on alert
Early heatwave grips Europe, leaving 8 dead and nations on alert

LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...


Houthis sink Greek-owned ship in Red Sea; 4 crew killed, 6 rescued, search ops continue
Houthis sink Greek-owned ship in Red Sea; 4 crew killed, 6 rescued, search ops continue

Manila [Philippines], July 10 (ANI): Six crew members of the Liberian-flagged cargo ship 'Eternity C', which sank in the Red Sea following...


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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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