Page 87 - Bloomberg/workspace/business Standard Web/undefined

India offers tariff-free access to US steel, auto parts in trade talks

The two nations are prioritizing certain sectors to strike an early trade deal before the end of the 90-day pause on US President Donald Trump's tit-for-tat tariffs

Saudi Arabia's push into Indian refineries stalled over crude oil supply

The nations agreed last month to collaborate on the two plants, as the largest oil exporter seeks to tap a massive market that will help drive global demand growth

Spain's blackout shows why India needs to prioritise power grid stability

For a build-out without blackouts, regulators and the government will also need to work on better data, a more robust grid, and better-run companies

'National security threat': Donald Trump plans 100% tariff on foreign films

The action, however, follows move by China last month to moderately reduce the number of Hollywood films allowed in the country in retaliation for Trump's aggressive tariffs

US govt inefficient, AI can offset losing some public workers, says Musk

In a wide-ranging conversation on Sunday with financier Michael Milken, Musk also spoke about his brain-implant company, Neuralink, and ongoing developments at SpaceX, according to the person

Trump praises 'good relationship' with Australia's re-elected PM Albanese

When Albanese was asked during the second election debate of the campaign whether he trusted Trump, the Australian prime minister said that he had no reason not to.

Spain may find valuable lessons from South Australia's 2016 blackout

On Sept. 28 in 2016, the state of South Australia's grid was hit with a blackout. At the time it was generating a high proportion of its power from wind turbines

CEOs hail Buffett as he ends historic run at helm of Berkshire Hathaway

The famed investor delivered a more than 5,500,000 per cent return on Berkshire's stock as he turned a once-failing textile firm into the most valuable company

Trump backlash helps Australia's PM secure historic re-election win

Australian Prime Minister Anthony Albanese was poised to win the largest victory for his center-left Labor Party since 1946, both in terms of two-party preferred and overall seat count

Voters approve Musk's plan to establish Starbase as his own city in Texas

By a margin of 173 to 4, residents of the far-flung community surrounding SpaceX's rocket-launch site and headquarters voted resoundingly in favour of the incorporation effort

Fed's Powell set to defy Trump pressure, likely to hold rates steady

With their eye on inflation, officials are inclined to hold rates steady when they meet in Washington on Tuesday and Wednesday

Google can train search AI on web content even if publishers opt out

Publishers can only decline having their data used in search AI if they opt out of being indexed for search, Google clarified

China's early Q2 dividend payouts to help ease Yuan's price swings

The payments, which require the firms to convert yuan into Hong Kong dollars, are set to rise to $36.1 billion for the April-to-June period

Shell weighs BP buyout as rival's stock weakens amid oil price slump

The oil major has been more seriously discussing the feasibility and merits of a BP takeover with its advisers in recent weeks

Warren Buffett to step down following six-decade run atop Berkshire

Greg Abel, the vice chairman for non-insurance operations, will take charge of the conglomerate upon board approval, Buffett, 94, said Saturday at the company's annual shareholder meeting

Trump stokes Harvard feud with threat to revoke tax-exempt status

Experts say that revoking Harvard's tax-exempt status would be a long process through the Internal Revenue Service and likely the courts - and that it could take years

Understanding the unlikely Saudi Arabia push for lower oil prices

To appreciate Saudi oil policy, it always helps to focus on what the kingdom does, rather than on what it says - whether in public or private

Amazon braces for tough quarter; warns on tariffs, consumer spending

When it reported results Thursday, the world's largest online retailer posted a decent first quarter but said operating profit in the current period would be weaker than Wall Street anticipated

Vedanta Resources weighs Zambia copper IPO to fund $1 billion investment

Vedanta has pledged to invest $1 billion in the operation as part of negotiations with the state to secure its return to Konkola copper mines

As Trump closes China shipping loophole, prices to rise for US consumers

Trump last month signed an executive order closing a loophole that has allowed items from China and Hong Kong valued at no more than $800 to enter the US without customs declarations and import duties