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Oil tanker with cargo from curb-hit Rosneft idles off Mumbai coast

The oil market has zeroed in on Russia's export patterns, as well as Indian purchasing, after the US sanctioned Rosneft and Lukoil PJSC on October 22

Indian refiners set the stage for lower Russia crude oil purchase

Indian processors, the top buyers of seaborne oil from Moscow, have been weighing up their options since US authorities blacklisted two of Russia's largest producers, Rosneft PJSC and Lukoil PJSC

Amazon cloud growth boosts investor confidence amid AI spending boom

In the third quarter, Amazon Web Services generated $33 billion in revenue, a 20 per cent increase from a year earlier

King Charles destroys his brother over Epstein scandal, America dithers

It's a stunning fall. The second, apparently favorite, son of Queen Elizabeth II has not only lost his many titles but also his home

Solar exporter Waaree Energies rejigs supply chain to bypass US tariffs

Waaree's push for the world's second-largest solar market comes amid escalating trade tensions between New Delhi and Washington DC

Groww founders eye $1.9 billion wealth boost as online broker heads for IPO

The Bengaluru-headquartered firm is seeking to raise ₹1,060 crore, while existing investors plan to sell as many as 557.2 million shares

Apple sales up 7.9% to $102.5 bn; earnings top estimates at $1.85 per share

Services remained Apple's fastest-growing segment while iPhone revenue increased 6.1% to $49 billion in the September quarter, helped by the new models

Zuckerberg slips to fifth on rich list as Meta shares plunge on AI plan

Meta's stock fell 11%, the most since 2022, after it said to issue the biggest investment-grade bond offering of the year to boost spending on AI research, dropping Zuckerberg's net worth

Trump pushes for US-led digital economy free of tariffs and new taxes

As Trump tries to rewire the global trading system, digital commerce has become another battleground for geopolitical fragmentation where US and China are jockeying for global influence

Ford to invest ₹3,250 crore in India, defying Trump's US manufacturing push

The Maraimalai Nagar manufacturing site in the southern Indian state of Tamil Nadu will be retooled to make high-end engines for export markets with an annual capacity of over 200,000 units

Rupee slips sharply as hopes of US Federal Reserve rate cut in Dec fade

The rupee weakened as much as 0.56 per cent, the most since August 29, to 88.70 per dollar on Thursday, closing in on its September record of 88.8050

IOCL seeks up to 24 million oil barrels from Americas amid Russia curbs

The state-backed refiner, India's largest, is seeking grades from the US, Canada, Brazil and Latin America

Musk's lawyer vows continued legal battle to unwind OpenAI restructuring

Altman has denounced Musk's lawsuit challenging the OpenAI restructuring as a weaponisation of the legal system to slow down a competitor

China gains edge in trade war without fighting ahead of Trump-Xi talks

US is expected to take Trump's threat of 100 per cent tariffs on Chinese goods off the table while China is expected to delay export controls on critical minerals, and revive soyabean purchase

AI spending spree tests investors' patience at Meta, Microsoft and Alphabet

Three bellwethers from different corners of the technology world - Alphabet Inc, Meta Platforms Inc and Microsoft Corp - together racked up some $78 billion in capital expenditures last quarter up 89%

South Korea's Lee urges trump to revise nuclear pact for submarine fuel

The pact was last updated in 2015 and is effective until 2035. South Korea's neighbor, Japan, already has the right to reprocess spent fuel

China buys first US soybean cargoes of season ahead of trade deal talks

The shipments are booked for loading and possible delivery later this year, according to people familiar with the matter. They asked not to be named as they are not authorized to speak to media

US Fed cuts rates quarter point, sets end to balance-sheet runoff

The Federal Open Market Committee voted 10-2 to lower the target range for the federal funds rate by a quarter percentage point to 3.75%-4%

Canada pension fund to boost India investments after portfolio tops $22 bn

Canada Pension Plan Investment Board CEO Graham said India's economic growth rate and strong public markets are some of the 'positive factors' going well for the country now

RBI brings back more gold from abroad after West freezes Russia's reserves

As of the end of September, the RBI held 880 tonnes of gold, of which 576 tonnes were stored domestically - an all time-high