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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

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Zurich-based bank said the decision will resolve all of the outstanding payments owed from a settlement on the matter originally made by Credit Suisse in 2017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

India reacts with outrage to Trump's tariff hike, 'dead' economy remarks

India is hardly alone in facing Trump's trade wrath - and not the subject to the very highest rates - but the news left business and political leaders wondering how to cope with the fallout

Fed Governor Adriana Kugler to resign, opening spot for a Trump pick

Trump and his allies have applied intense pressure on the Fed and Chair Jerome Powell to lower interest rates, which policymakers have declined to do so far this year

Morgan Stanley, MUFG to syndicate Tata Motors' Iveco acquisition loan

Both global and local banks are considering joining the facility and the deal is expected to be completed by April 2026, pending regulatory approvals

Apple CEO tells employees AI is 'ours to grab' in rare hour-long pep talk

Tim Cook's hourlong meet covered Jeff Williams' retirement, Apple TV+ growth, and new health features like AirPods Pro's hearing-aid tech

Cornell nears $100 mn White House deal to restore frozen research funds

One of the issues still under discussion is whether the pact would call for a resolution monitor to supervise how Cornell is carrying out changes required by the US

Trump fires data chief after disappointing jobs report shakes markets

Trump fired the head of the Bureau of Labor Statistics, hours after it sent markets tumbling with a report that showed a dramatic slowdown in US hiring

Benchmarks tumble as Trump tariffs stoke global trade war concerns

Sensex and Nifty close lower for the fifth consecutive week, marking the longest losing streak in two years, as US tariff announcements dampen investor sentiment globally