Page 40 - Bloomberg/reuters

Trump sets new tariffs on lumber, wood products in bid to boost US industry

Trump said the planned actions will 'strengthen supply chains, bolster industrial resilience, create high-quality jobs and increase domestic capacity utilization for wood products'

Foreign investors exit Indian stocks at record pace amid tariff woes

Overseas investors have pulled a net $16.8 billion from local shares this year through Sept. 26, nearing the record set in 2022

Alibaba in talks to acquire Hong Kong office in $900 million deal

Alibaba and its affiliates are currently leasing 10 floors at Times Square in Causeway Bay, with their tenancy set to expire in 2028

Tata Steel eyes 6.5 billion euro agreement to cut emissions at Dutch plant

Regulators have threatened fines and the closing of one of the plant's coke facilities if Tata Steel fails to significantly reduce toxic emissions this year

RBI rate cut back in play as inflation eases after tariffs: Policy guide

The six-member monetary policy committee, led by Governor Sanjay Malhotra, will need to juggle a number of competing objectives this week

US SEC chief vows to fast-track plan to end quarterly results reporting

Trump floated the idea of jettisoning quarterly reporting earlier this month, though it wasn't the first time he'd proposed such an idea

US Treasury's gold reserves hit $1 trillion in value after record rally

The world's biggest gold stash passed the milestone after prices rose above $3,824.50 an ounce on Monday, in a 45% rally this year

Huawei to double output of top AI chip as Nvidia faces hurdles in China

If Huawei can hit those targets, it would represent a technical breakthrough for a company regarded as China's best hope of weaning itself off the foreign chips that power the world's No. 2 economy

Air India raises $215 million from StanChart, Bank of India for refinancing

The loan comes after an Air India plane crash in June was one of the worst aviation accidents in the country, initially causing talks for fund raising to slow

Deutsche Lufthansa to cut 4,000 jobs, raises profitability targets

The job reductions will occur through digitalization, automation and process consolidation, with a majority of reductions in Germany

Chinese firms' low profit margins face new risks from Trump tariffs

The net profit margins of US listed companies in tradeable goods averaged around 12 per cent last year, more than double the 4.9 per cent of their Chinese peers

Vedanta plans bond sale to repay costly private debt, lower costs

Vedanta seeks to tap the dollar bond market as junk-rated Asian borrowing costs hit a four-year low, aiming to refinance private debt it borrowed at 18 per cent interest in 2023

ECB mulls reprieve for Deutsche, BNP amid India bond clearing row

Lenders are discussing a potential solution with the ECB about easing charges imposed after Europe's markets agency withdrew recognition of the CCIL and other agencies three years ago

Tata Group loses $75 bn in market value, slides to 2 yr low as risks grow

The group lost about $20 billion, over a fifth of this year's total decline, since Sept 19 after President Donald Trump tightened US work-visa rules, weighing on Tata Consultancy Services Ltd

Nayara Energy recovers operations, sales after sanctions, executive exit

Operations are also returning to normal, allowing the company to go beyond meeting its domestic commitments, supplying its more than 6,500 fuel outlets

BYD brings price war to Japanese market in bid to win over customers

The automaker sold just 5,300 vehicles between January 2023 and June this year despite opening its 45th sales location in Japan

Indonesia's military expanding power, raising authoritarian fears

Groundwork was laid in March, when lawmakers approved changes to the 2004 Indonesian Military Law, which broadened the government's ability to appoint serving military officers to civilian positions

Why Musk, Gates were both wrong about the future of electric trucks

Sales of electric heavy trucks in August nearly tripled from a year earlier, according to First Commercial Vehicle Network

China's plan to cut refining capacity faces pushback in key regions

China's oil refiners need to stop producing so much transport fuel because the energy transition means the demand is no longer there

Oregon sues Trump admin over national guard deployment to Portland

The suit filed in federal court in Oregon called his troop callup an 'unlawful federalisation' of the National Guard