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India eyes multi-phase trade deal with US, interim pact likely before July

The talks are still ongoing and there's no clarity if the Trump administration has agreed to a three-stage process for a trade deal

Marks & Spencer cyberattack to cost $403 million in operating profit

The British retailer will try to mitigate the impact with cost savings and insurance payouts, it said

Oil hits 1-week high as dollar weakens on Israel-Iran strike report

Geopolitical tensions may add headwinds to the markets, which had calmed recently after a month of turmoil from the tariff blitz unleashed by US President Donald Trump

Global forest loss hits record highs fueled by extreme heat, wildfires

Fifteen of the 20 countries with the largest area of primary forests that signed the 2021 forest pledge are now losing trees faster than they were at that time, according to World Resources Institute

Chicago suburb-area town planning to seize Pope Leo XIV's childhood home

Dolton, a town near Chicago, plans to seize Pope Leo XIV's childhood home via eminent domain and work with the Archdiocese to preserve it as a historic site, officials said in a letter Tuesday

WhatsApp had no plans to compete with Facebook: Co-founder Brian Acton

Meta's acquisition of WhatsApp is a key part of the case, with FTC lawyers arguing that Meta viewed the messaging app as a legitimate social networking competitor

India cuts gas power capacity as idle plants turn permanently unusable

The nation's gas fleet totaled 20.1 gigawatts in April, compared with 25.2 a month earlier, data from the power ministry's Central Electricity Authority show

Pakistan's govt trims its growth projection amid trade headwinds

Gross domestic product is estimated to expand 2.68 per cent in the fiscal year through June, Pakistan Bureau of Statistics said Tuesday

India to invest $10 billion in homegrown oil tanker fleet by 2040

The purchase order for 10 tankers should come out as early as this month, the people said. Only ships built locally - even if there's foreign collaboration - will be considered for purchase

Chinese smartphone exports to US decline to lowest level since 2011

Investors fear a global trade war that would erode some of the US-China bilateral trade that reached $690 billion in 2024, decimating industries and raising prices for consumers

Donald Trump hands Putin win with retreat from Ukraine peace talks

One European official, who asked not to be identified discussing private conversations, said leaders fear that Trump is disengaging from the diplomatic effort

First blood test for Alzheimer's in US from June, starting at 50 hospitals

The test was cleared for use in people at least 55 years old and who exhibit signs of the disease. It is designed to detect amyloid, a protein that can build up in the brain

India's dirty furnaces threaten global steel sector's net zero target

While China still dominates in terms of operating capacity, India is the most polluting steelmaker and has the largest pipeline, with more than 350 mn tonnes per year at various stages of development

What role will central banks play when tokenised finance goes mainstream?

With apps like Robinhood easing investing, Millennials and Gen Z reject private banks offering unlisted unicorns to their wealthy parents but not to actual users of these startups' services

Bangladesh's politics of belligerence returns with Awami League ban

The Awami League may be deeply unpopular at the moment, but it nevertheless can claim to represent the beliefs of a large part of the country

Xiaomi to spend $7 billion on developing its own chip over a decade

Xiaomi has spent more than 13.5 billion yuan over the past four plus years and plans to invest 6 billion yuan in research and development this year

What does the British royal family and King Charles III cost the UK?

Assessing the true cost of the monarch's finances is a murky business, both opaque and highly secretive, with a myriad of rules and customs serving to stifle public debate.

Nvidia CEO Huang unveils new tech to keep global AI expansion going

Chief Executive Officer Jensen Huang on Monday kicked off Computex in Taiwan, Asia's biggest electronics forum, touting new products and cementing ties with a region vital to the tech supply chain

China's fossil fuel output dips from March highs but rises year-on-year

Gas output rose 8.1 per cent year-on-year to 21.5 billion cubic meters, while crude oil increased 1.5 per cent to 17.7 million tonnes, the statistics bureau said

China provided Pakistan with satellite support, says Indian defence group

China helped Pakistan reorganise its radar and air defense systems to more effectively detect India's deployments of troops and weaponry, said the director general of group