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Apple renews fears about tariffs, China with disappointing quarterly report

Apple expects $900 million in higher costs from tariffs in the current period, Chief Executive Officer Tim Cook said during a conference call

Adani's Vizhinjam port to expand capacity with launch of second phase

The Vizhinjam transshipment terminal, which began operations in July and has handled about 250 container ships so far, is forecast to attract about Rs 9,500 crore ($1.1 billion)

US judge blocks Trump's deportations of Venezuelans under 1798 wartime law

Venezuelan immigrants across the US who face potential deportation have been arguing since March that Trump's AEA proclamation was unlawful because the US isn't at war, the judge said

Trump plans record $1.01 trillion national security budget this year

The defense budget will fund the Golden Dome missile defense project, shipbuilding and nuclear modernization, border security among its top priorities

Apple to source over 19 billion US-made chips in supply chain shift

Chief Executive Officer Tim Cook talked about leaning more heavily on Taiwan Semiconductor Manufacturing Co., which is expanding its Arizona operations to half a dozen plants

Evaluating trade talks with US, says China hinting at possible thaw

China's Commerce Ministry said in a Friday statement that it had noted senior US officials repeatedly expressing their willingness to talk to Beijing about tariffs

DOGE 'should definitely' examine Federal Reserve costs, says Musk

Musk's suggestion that DOGE should examine the Fed is the latest example of how President Donald Trump is aiming to exert more political control over the independent central bank

US judge orders Apple to stop charging commissions on non-App Store sales

The changes the company must now make could put a sizable dent in the double-digit billions of dollars in revenue the App Store generates each year

Tariffs politically risky, but won't rush trade deals, says Trump

Trump went on to agree there was a significant political risk to his efforts, and that they could result in Republicans losing control of the House of Representatives

Yale weighs $850 mn bond sale amid Trump's attack on higher education

The sale would consist of two bond series: one offering $500 million of tax-exempt bonds and another selling $350 million of taxable bonds, both are expected to price the week of May 5

Trump claims China will 'eat' tariffs, reducing impact on US consumers

Trump said he did not believe hard times were ahead for US consumers, while acknowledging that his 145% tariffs on many Chinese goods amounted to a near-embargo

Mark Mobius holds 95% cash in funds, says trade jitters may last months

Investors will likely only be able to assess market opportunities once the trade negotiations take place over the next four to six months, said Mobius

Indian insurance companies planning $41 bn trade switch to bond forwards

Insurers are in talks with authorities to convert about Rs 3.5 trn ($41 bn) worth of rates derivative contracts into bond forwards. Such contracts offer investors the opportunity to own the securities

Clear green rules key for India to meet climate goals, says StanChart

In theory, a taxonomy would help clarify an investment's green credentials and mitigate greenwashing

Apple reshuffles global affairs, music teams in latest leadership shake-up

The global affairs reorganisation includes adjusting management of the government teams for Europe, India, China and other parts of Asia

$6 bn funding crisis at US mass transit threatens commuters, travel

The Trump administration's spending cuts raise fears of job losses that could slash transit ridership, while tariffs may fuel inflation, making riders less able to afford potential fare hikes

McDonald's, Coca-Cola still see risks, stay cautious on operating in Russia

Coca-Cola said in its letter that "sanction regimes and other legal hurdles remain in place, impacting any considerations about returning to the Russian market"

State Bank of India to raise funds via share sale this fiscal year

The board of the state-run bank will discuss the proposal for fresh capital either through a follow-on public share sale, rights issue or qualified institutional placement on May 3

Musk nears end of 130-day DOGE stint, $113 billion wealth wiped out

Tesla's stock dropped 33% since inauguration. The EV maker's sales plummeted

Sovereign bonds rally after RBI unveils large-scale debt purchase plan

The benchmark 10-year yield fell seven basis points to 6.33 per cent to trade near a three-year low. The 7.1 per cent 2034 bond also slid by the same magnitude