Page 5 - Bloomberg

Trump admin to preserve billions in hydrogen funds pegged for termination

US is set to retain nearly $5 bn in hydrogen hub funding, and revive carbon capture projects backed by major energy firms, signalling continued support for clean energy despite earlier proposed cuts

Kotak Mahindra AMC outperforming 98% of peers bets on defence stocks

Indian defense firms have rallied in recent years on the back of policy support to boost domestic production and the government's focus on local procurement and capability building

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

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.

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

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

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

HAL, GE sign tech deal to jointly make jet engines, boost defence ties

The pact includes the transfer of manufacturing expertise to India and will be followed by a final contract

Air India seeks funds from Tata, Singapore Air after ₹22,000 crore loss

Size of the infusion from the majority shareholders is still being discussed but may be less than what the carrier needs, meaning Air India would have to look for other financing options

Is college education still worth it in India as AI reshapes jobs market?

Without a shift to vocational training and stronger manufacturing to absorb workers, the college degree will remain a pricey ticket to a lottery that has stopped paying out

Iran restores limited internet connectivity in rare move to stem war losses

The move follows comments from an Iranian official that domestic businesses were losing $30 million to $40 million a day due to the internet blackout

Amazon-Globalstar deal poised to boost Apple's satellite ambitions

If the deal goes through as planned, Apple will get a deep-pocketed and ambitious partner in satellite communications. That should help the iPhone maker expand its offerings

Amazon's $11.6 bn deal with Globalstar ramps up rivalry with Elon Musk

The e-commerce giant has been trying for years to break into satellite services to gain new sources of growth beyond its enormous retail and cloud-computing businesses

Pope should be careful with words, says Vance on criticism over Iran war

Vance on Tuesday said he admired the pope and did not mind Leo weighing in on current events, but took issue with his stance on West Asia conflict

Trump's tariff rates could be restored to original levels by July: Bessent

Trump is seeking to restore his tariff wall using different authorities after the high court ruled that his use of emergency powers to impose those earlier duties was unconstitutional

US, Iran seek second round of talks as Hormuz blockade stops ships

The war has damaged Gulf energy infrastructure and disrupted oil and gas supplies beyond the region, rattling markets and triggering fears of a global inflation crisis

Disney to cut 1,000 jobs in first layoffs under new CEO Josh D'Amaro

While the cuts are company wide, they will fall particularly hard on the marketing department, which is being consolidated under Asad Ayaz, who was appointed chief marketing and brand officer in Jan

US-sanctioned tanker 'Rich Starry' tests Trump blockade with Hormuz exit

Shipowners, energy traders and investors across financial markets have been keenly following its route through Hormuz as they try to understand the latest US effort to pressure Tehran

Iran war-driven price surge wipes out global oil demand growth in 2026: IEA

Last month, the Paris-based IEA oversaw the release of a record 400 million barrels from emergency oil reserves by members including the US, Japan and Germany in an effort to tame spiralling costs

World order 'crumbling into disarray': Xi Jinping as Iran war drags on

China has also criticised the military action against Iran and warned it risks plunging West Asia into deeper instability