World News

Russian LNG under US sanctions heads for the first time to India

India has never publicly confirmed any such pledge and has said its buying decisions are guided by price, supply security and consumer interests

Emerging markets investing pioneer Mark Mobius dies at 89 in Singapore

Mobius became an evangelist for money-making opportunities in Africa, Asia, Eastern Europe and Latin America

Snap to cut 1,000 jobs after activist push, bets on AI efficiency

The activist investor has an economic interest of about 2.5 per cent in the company

EU plans antitrust action, may force Meta to restore rival AI on WhatsApp

Under EU rules, competition regulators can order companies to temporarily stop suspect business practices, but these demands can be challenged in the bloc's courts in Luxembourg

Japan to provide $10 bn support to Southeast Asia to secure oil amid surge

Southeast Asian nations including Vietnam have previously sought help from Japan as well as from South Korea for crude oil supplies.

SC decision a setback, tariffs likely to be restored by July: Bessent

After the SC struck down many of his global tariffs, Trump imposed a temporary 10 per cent tariff that covers many imports. That levy is set to expire on July 24

Hezbollah slams Lebanon-Israel talks as 'national sin' amid strikes

Israeli strikes rocked southern Lebanon overnight and into Wednesday. Smoke rose over the coastal city of Tyre, underscoring the fragility of diplomatic efforts

China becomes India's top trade partner in FY26; deficit widens to $112 bn

India's exports to China rose 36.66 per cent to $19.47 billion during the last fiscal year, while imports increased 16 per cent to $131.63 billion

ECB to warn banks about risks from Anthropic AI's new model, says report

Unlike in the US, this will be done via the ECB's regular dialogue with bank staff and no ad-hoc meeting with top management has been scheduled yet

Trump says Iran war near end as Pakistan army chief reaches Tehran

The diplomatic push came as US and Iranian officials weighed a return to Pakistan for further talks after negotiations there ended on Sunday without a breakthrough

Sergio Gor, Hardeep Puri discuss 'expanding access to American energy'

US envoy Sergio Gor and Hardeep Singh Puri discussed access to American energy and strengthening bilateral ties, a day after PM Narendra Modi's call with US President Donald Trump

India receives Iranian oil for first time in 7 years before US waiver ends

Import-dependent, price-sensitive India has been acutely impacted by the upheaval in global energy flows since US and Israeli strikes on Iran began at the end of February

China 'happy' with 'opening' of Hormuz, won't send arms to Iran: Trump

President Donald Trump on Wednesday claimed that China has agreed not to provide weapons to Iran as reports circulate that Beijing has considered transferring arms.

US, Iran agree 'in principle' to extend ceasefire amid tensions: Report

As per a report, both sides - the US and Iran - are making progress and appear willing to prolong the truce to create space for continued diplomatic engagement

EU unveils age verification app as social media bans gain steam

The software was originally pitched as a way to prevent children from accessing obscene or harmful content online and comes as many EU members are debating restricting social media for minors

Pakistan plans two-hour evening power cuts to tackle energy crisis

Distribution companies in Pakistan have been directed to inform consumers in advance about scheduled outages and to avoid unscheduled power cuts

US SEC approves plan removing day-trading limit for small investors

New margin standards, which require customers to have enough equity in their account to cover the risks they run at that moment, will apply to all investors rather than just small ones

Europe mulls fallback plan if US pulls back from Nato amid Trump's threats

An anxious Europe scrambles for solutions after US President Donald Trump has threatened to annex Greenland from Denmark, and called Nato a 'paper tiger'

IAEA chief calls for strict nuclear checks in any US-Iran deal to end war

He stressed the need for thorough verification regime for Iran's nuclear programme, as US President Trump said that a second round of talks with Iran could happen over the next two days

Children killed in Lebanon as Israeli-Hezbollah strikes hit homes

At least 168 children were killed in Israel's strikes in the six weeks of renewed war between Lebanon and Iran-backed Hezbollah