Page 54 - Bloomberg/reuters

India struggles to engage Trump admin as key US roles remain vacant

It's become urgent for New Delhi to make its case to Washington after being unexpectedly slapped with a 25% tariff, one of the highest in the region, facing further threats over its ties with Russia

Mizuho Bank to hire Mashreqbank PSC's corporate banking India head

Devendra Sharma will be a Mumbai-based managing director at the Japanese lender and look after the bank's business in western India

DOJ probing alleged 2016 'Russiagate' conspiracy against Donald Trump

Gabbard and her top aides released declassified documents they claim are evidence of an Obama administration conspiracy to subvert Trump's 2016 victory and his presidency

Epstein victims oppose Trump-era push to unseal grand jury documents

The request comes amid a controversy sparked by the Trump administration's decision last month not to release documents that could reveal some of Epstein's clients

Trump to sign order creating task force for 2028 Los Angeles Olympics

Trump has been an enthusiastic booster for major international sporting events scheduled to occur in the US under his watch, boasting about both the Olympics and the 2026 FIFA World Cup

Despite US pressure, Russian oil tankers unload at Indian refineries

More tankers are poised to discharge another 2.2 million barrels of Urals in the coming hours

Tankers deliver barrels of Russian crude to India despite US, EU pressure

India's appetite for discounted Russian crude, and its position as the single largest buyer of Moscow's seaborne oil, has long been a pain point for the US and Western allies

Swiss scramble to avert Trump's 39% tariff ahead of looming deadline

Trump administration justified Friday's move by claiming that Switzerland had in essence stolen money from the US and should therefore be hit with a tariff rate commensurate with the trade deficit

BMW strikes back at Tesla with tech-loaded, longer-range iX3 EV launch

The sport utility vehicle, called the iX3, will be the first of 40 new or updated models that share slick software, high-performance computers and radically different design cues

UBS to pay $300 million in US settlement over Credit Suisse mortgages

The Zurich-based bank said the decision will resolve all of the outstanding payments owed from a settlement on the matter originally made by Credit Suisse in 2017

Ozempic maker's plight shows why managing markets matter for pharma giants

Novo's shares plunged amid rising competition, missed expectations, and governance issues, exposing the risks of neglecting market sentiment in high-growth pharma bets

Unilever India's new CEO tasked with invigorating a sluggish consumer giant

While the Indian unit of Unilever Plc posted a forecast-beating quarterly profit last week, Nair, who took over the CEO role on Aug 1, has her task cut out in sustaining this momentum

Why Asia's 'scamdemic' is everyone's problem that demands global action

Scams-once random nuisances-have become a trillion-dollar global industry, fuelled by forced labour hubs in Southeast Asia's lawless borderlands

Trump's tariff shock likely to deepen rupee's slide, hurt recovery further

Analysts at Deutsche Bank AG and Barclays Plc expect the currency to drop to new record lows by the year-end amid muted foreign inflows and headwinds from US tariffs

Butter's 47% global price surge finds explanation in a cult novel

Butter by Asako Yuzuki, a 2024 English bestseller, blends cooking, murder, and feminist themes on body image and anomie in modern Japan-think Julie & Julia meets Silence of the Lambs

PM Modi defiant as Trump steps up pressure on India's Russian oil purchases

Modi's government hasn't given India's oil refiners instructions to stop buying Russian oil, and no decision has been taken on whether to halt the purchases

Open to US trade talks if Brazil treated as an equal, says Lula da Silva

'We want to negotiate. We want to negotiate on equal terms,' Lula said Sunday at an event for his leftist Workers' Party in Brasilia

Codelco finds human remains, setback for Chile mine rescue efforts

The world's biggest copper supplier halted production at the site after a collapse attributed to seismic activity on Thursday trapped workers in a new section of the mine

BoE likely to announce rate cuts despite inflation spike, slowing growth

The Monetary Policy Committee is widely expected to reduce its benchmark rate by 25 basis points, to 4 per cent, sticking to its once-a-quarter pace of cutting

New Zealand to charge foreign tourists up to NZ$40 at popular sites

The country's pristine national parks and great walks are "truly special to New Zealanders" and foreigners should pay a fee at high traffic sites, Prime Minister Christopher Luxon said in a speech