Bloomberg

ICE makes mistakes, says Trump, but stands by immigration crackdown

Trump admits ICE agents can make mistakes and be rough at times, but insists aggressive immigration enforcement is necessary despite protests and falling public support

JPMorgan UK unit to open branch in GIFT City for equities trading

Dipesh Shah, executive director at IFSCA, confirmed that the regulator had issued a license to JPMorgan Securities earlier this month

BPCL leads push to lock in long-term Middle East crude oil purchases

BPCL, as the company is known, has issued tenders for three grades - Abu Dhabi's Murban, Iraqi Basrah and Oman crude - for delivery from April to March 2027

'Abolish ICE' calls get louder with NYC Mayor Mamdani joining chorus

Calls to "Abolish ICE" grew during the first Trump administration as the US separated parents and children caught entering the country without authorisation

Trump could still lead Board of Peace even after leaving White House

The possibility of a chair-for-life status for Trump is the latest wrinkle in the creation of the signature diplomatic initiative that is drawing resistance from fellow Group of Seven leaders

Japan bond yields hit new highs as investors fret over fiscal policy risks

Investors are on guard for moves in Japan spilling over into global markets amid the prospect of continued volatility in Tokyo trading ahead of the snap poll Takaichi is scheduled for February 8

Sony to cede control of Bravia TV business to China's TCL Electronics

Sony Bravia TVs survived due to their positioning at the premium tier of the market, where consumers are willing to pay more for high-end picture and sound quality

Musk reignites feud with Ryanair CEO, asks if he should buy the airline

During the process of purchasing Twitter, now known as X, he frequently voiced his disapproval of operations at the company and the decisions made by its CEO at the time

Trump flips position to attack UK's Starmer over Chagos Islands deal

Diego Garcia, largest island in the Chagos archipelago, is a remote Indian Ocean island almost 2,000 miles (3,200 kilometers) from the coast of East Africa and is home to a US and UK military facility

Property developer K Raheja weighs IPO that could raise up to $700 million

K Raheja has yet to formally appoint advisers and key details including the timing, structure, and size of the deal could still change

Trump floats 200% tariff on champagne if Macron snubs Gaza peace board

'Well, nobody wants him because he's going to be out of office very soon,' Trump told reporters after being informed Macron would decline his invitation

Chinese tourist arrivals to Japan slump 45% amid Taiwan-related tensions

The slide comes as tensions simmer between Japan and China following Takaichi's November assertion that a Chinese invasion of Taiwan could form a legal justification for Japan to deploy troops

RBI needs to ramp up bond purchases as rate cuts fail to cool yields

The benchmark 10-year yield on Monday surged back to nearly the same level seen before the RBI began cutting rates early last year

UK seeks to fast-track visas, attract global talent as Reeves heads to WEF

Britain's economy is on track to beat major European rivals in 2025, but will fall short of Labour's goal of achieving the fastest growth in the Group of Seven

Trump links Greenland threats to Nobel prize snub in letter to Norway's PM

Trump rattled Nato allies over the weekend after threatening to impose tariffs on a group of European members of the alliance if he doesn't get control of Greenland

Rate cuts drive stronger loan growth, boosting profits for India's banks

Banks will see loan growth pick up in the October-December quarter after the RBI's rate cuts last year and the 100 basis points cut to the cash reserve ratio in June

SC's ruling against Tiger Global clouds outlook for India's buyout sector

The decision has major implications for private equity funds that have set up shell entities in the offshore haven to channel investments into India, according to lawyers

China's economic momentum weakens despite meeting 5% growth goal

The world's second-largest economy expanded 4.5 per cent last quarter from a year earlier, the slowest pace since the reopening from Covid lockdowns in late 2022

Nvidia supplier Micron warns memory chip shortage to last beyond 2026

Global smartphone shipments may decline 2.1 per cent next year as a shortage of memory chips drives up costs and squeezes production, industry tracker Counterpoint Research estimated in December

Trump's tariffs over Greenland have blown up EU appeasement plan

Moments before von der Leyen stepped to the podium in Paraguay, the US president dropped a blistering announcement: He was piling more tariffs on Europe over its support for Greenland