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Opec+ output cut opens door to others for battle over Asia's oil demand

A surprise cut in oil production from OPEC+ is now setting the stage for other producers to vie for markets in Asia

Saudi Arabian govt to invest $38 billion to become video-game hub

The fund in February increased its stake in Nintendo to 8.3 per cent, becoming the largest outside shareholder

India needs to double its share of clean power to meet climate goals

The country will need to reduce the share of coal, which currently accounts for about half of its installed capacity and almost 70% of electricity output

World's richest man eyes India's luxury market with landmark Dior show

Dior's not new at showcasing its collections at untapped locations with iconic architecture serving as backdrop to its runways

European countries' battle with inflation is far from over amid tax cuts

Even pricier food risks further aggravating social discontent and frustration with authorities. On top of that, an surprise oil output cut by OPEC+ at the weekend is pushing oil prices higher

Parliament passes antitrust legislation on overseas mergers & acquisitions

The legislation was approved by the upper house of parliament on Monday. The lower house had ratified it last week. The bill will need a sign off from the president

ByteDance surges 30% to match Tencent's $80 bn sales after TikTok boom

That pace of expansion underscores the resilience of ByteDance's business at a time Washington is threatening to join India in banning TikTok

ICICI Pru makes contrarian bets on short-term bonds as rate hikes continue

"There is no significant benefit to invest in longer-duration assets at this point of time as RBI is expected to remain in a long pause and is not expected to cut rates," CIO Manish Banthia said

Indian businesses investing in VR-based healthcare to train future doctors

Globally, Virtual Reality-based health-care training is a $3.8 billion-a-year industry

Tesla sets record with 422,875 car deliveries after slashing EV prices

Tesla Inc. delivered 422,875 cars worldwide in the first quarter, setting a record after it cut prices to appeal to consumers buffeted by rising interest rates and faster inflation

Joe Biden's landmark climate Bill lures China's clean energy giants

The building boom underscores how the US has rebuilt its credentials as a cleantech manufacturing hub after last year's Inflation Reduction Act.

Challenge to Elon Musk and OneWeb: Satellite rivals plan to merge

Should the union succeed, SES SA and Intelsat SA would create Europe's largest satellite company. They're both domiciled in the Grand Duchy of Luxembourg, one of the world's smallest countries

UBS likely to cut workforce by 20-30% after Credit Suisse takeover

That number of predicted layoffs dwarfs the 9,000 job cuts that Credit Suisse announced before its rescue by UBS last month

India's unemployment rate rises to 3-month high of 7.8% in March: CMIE data

Higher borrowing costs are already weighing on India's economy, data show

NY judge overseeing Trump's criminal case faces a challenge like no other

Trump, who in 2016 famously attacked the federal judge in his Trump University civil case as biased because of his Mexican ancestry, has shown no reluctance to criticize judges

Inflation in Pakistan rises by record as IMF reforms spur gains: Data

Consumer prices rose 35.37% from a year earlier, according to data released by the statistics department Saturday

Adani Ports and SEZ Ltd completes acquisition of Karaikkal Port

The National Company Law Tribunal approved the plan for the Adani Group subsidiary to pay 14.85 billion rupees ($181 million) to financial creditors, the company said in a statement Saturday

Food supply risks rise worldwide as important traders leave Russia

The exit of Cargill Inc. and Viterra means Russia, the world's largest wheat exporter, will have more control over its food shipments and reap more of the revenues

UK to join Indo-Pacific free trade bloc in major post-Brexit pact

The UK believes membership will give it a role in setting regional trade rules over the coming decades

India keeps gas prices steady as government mulls new rate regime

The government sets the price of gas from domestic fields every six months, however this time around it decided to keep any changes on hold for the period beginning April 1