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Ex-banker Carney wins Canada's liberal contest, to succeed Trudeau in days

Carney, 59, takes the reins at a time when the White House is creating upheaval in the global economy - and with US trading partners - with increasingly chaotic tariff announcements

Elon Musk backs US to exit NATO, questions funding Europe's defence

On March 3, Musk wrote on X he agreed with a suggestion by a conservative commentator that the US should leave both NATO and the United Nations

'Impossible trinity' fuels cash crunch as Asia battles strong dollar

These moves are explained by what economists call the impossible trinity, the idea that countries can't simultaneously control their currencies

US Envoy claims Gaza ceasefire, hostage deal possible in coming weeks

Such a deal, he said, could allow Israel to repatriate all 59 remaining Gaza hostages, and "not just the Americans," he added, referring to a handful of US dual nationals

China's consumer inflation turns negative, raising deflationary concerns

Factory deflation extended into a 29th month, though the producer price index recorded a slower drop of 2.2 per cent compared to January's negative 2.3 per cent

India fails to attract foreign investors after $1.3 trn mkt selloff: Report

Traders looking for bargains within Asia are gravitating toward still-cheap Chinese equities, which are in the middle of a bull run sparked by developments in artificial intelligence

Russians ignore Putin's call for more babies as population declines

Russia recorded the lowest number of births last year in a quarter of a century, while the number of deaths increased for the first time since the height of the pandemic in 2021

India has signaled readiness to make deeper tariff cuts, says Donald Trump

Preserving India's access to the US market is a priority for Prime Minister Narendra Modi as he seeks to shield his country from reciprocal duties Trump has indicated will take effect next month

Trump keeps pressure on Ukraine as Putin indicates open to ceasefire

Trump's embrace of Russia has raised fears in Ukraine and among its allies in Europe that he would try to force Kyiv into a deal on terms favourable to the Kremlin

US poised to order more companies to cease operations in Venezuela

Stopping the companies from working in Venezuela will be a blow to the nation's beleaguered economy, putting pressure on Maduro as Trump pushes for a deal over democratic reforms

Apple postpones Siri upgrade indefinitely amid growing AI concerns

Apple said that features introduced last June, like Siri's ability to tap into a user's personal information to answer queries and have more control, will now be released sometime in 'the coming year'

Elon Musk to face questioning in lawsuit over Twitter buyout flip-flop

Investors claim his flip-flopping on whether to go through with buying Twitter- including his public attacks- cast doubt over whether the deal would close and sunk its stock price

Ola Electric showrooms raided in India over trade certificate violations

That means more than 95% of the stores on which Bloomberg News saw the data, lacked basic certification needed to display, sell, offer test rides on or transport unregistered two-wheelers

Real Ukraine peace discussions require a real US security guarantee

The security guarantee that Mr Zelenskyy understandably wants, and Mr Putin fears, is Ukraine's accession to NATO

Nasdaq joins exchanges seeking to offer 24-hour equities trading

The second-largest US exchange operator plans to enable the extended trading five days a week, according to Nasdaq President Tal Cohen

South Korean court says impeached President Yoon Suk Yeol can leave prison

The initial decision to release Yoon from detention in his criminal case comes as a verdict approaches in his impeachment trial

Egypt's proposal to rebuild Gaza fails to meet requirements, says US

Egyptian plan, which was endorsed this week by the Arab League, includes temporary housing inside Gaza for 1.5 million displaced Palestinians during reconstruction, estimated to cost about $50 bn

Goldman Sachs gives managers a choice: Dallas, Salt Lake City or leave

The bank is trying to send more managers to locales outside its main hubs in an initiative dubbed informally by some as 'Project Voyage'

Why RBI's new Governor Sanjay Malhotra must ease credit, but not too much

Effective April 1, banks will set aside less capital on loans to better-rated nonbanking financial companies

Alphabet, CEO Sundar Pichai get House GOP subpoena on alleged censorship

Biden administration officials said those posts contained dangerous misinformation, but Republicans have argued it was an attempt to censor conservatives' speech