Page 96 - Bloomberg/workspace/business Standard Web/undefined

Oil crash could push Saudi Arabia's budget deficit to $67 bn: Goldman Sachs

Crude has plunged to its lowest level in about four years after US President Donald Trump unveiled new tariffs on almost all countries

Tesla set to enter Saudi Arabia as Musk mends relations with the kingdom

The company will showcase its model lineup, plus prototypes of its Cybercab and the humanoid robot Optimus, at a launch event in Riyadh

Why India must end its Inspector Raj to compete in global manufacturing

From factories to e-commerce warehouses, overzealous quality checks are choking trade and killing jobs-India must dismantle this outdated system to stay competitive

Singapore's Changi reclaims world's best airport title from Doha's Hamad

Asian airports led the rankings at the Skytrax World Airport Awards 2025, with Tokyo's Haneda and Narita, and Seoul's Incheon rounding out the top five

Elon Musk's 'relentless' campaign to undermine us must stop, says OpenAI

In a lawsuit filed last year, Musk accused OpenAI of straying from its original nonprofit mission by accepting billions in funding from Microsoft in 2019, a year after he stepped down from its board

Sebi chief assures of no systemic risk despite tariff-induced selloff

Pandey - who took charge of Sebi last month - touted the country's settlement system as unique where trade clearing houses of both the National Stock Exchange of India Ltd. and BSE Ltd

Delta CEO says won't pay tariffs on Airbus planes, cites trade tensions

Delta Chief Executive Officer Ed Bastian said he has been 'very clear' with Airbus and would defer any deliveries with the additional expenses

EV maker Ather considers cutting IPO size by $50 mn amid market chaos

Ather is still planning to go ahead with the IPO in the coming weeks despite the fresh volatility in global stock markets

Trump's reciprocal tariffs take effect hiking trade levies to 100-year high

Trump is imposing tariffs on China as high as 104 per cent along with import taxes on roughly 60 trading partners that run trade surpluses with the US

US tariffs to significantly hit Asia, says ADB, urging regional cooperation

The multilateral institution suggested countries in the region cooperate and engage in more trade between themselves, a trend that is already underway in Asia

Trump admin freezes funding to Cornell, Northwestern over rights concerns

Trump has taken actions to toughen federal oversight over US higher education, including drastically reducing the billions of dollars in federal research funding schools receive

Samsung shares jump after strong Galaxy S25 smartphone sales boost profit

Demand for servers using the company's high-density DRAM also bolstered profit, although the outlook for both smartphones and AI components has become murkier over the last week

Global bond markets shift as US treasuries face competition from Europe

One early test comes Tuesday, when the US government is set to sell $58 billion of three-year securities, followed by 10- and 30-year maturities later this week

Musk slams Trump's trade adviser Navarro, calls him 'truly a moron' on X

The missives were the latest volley in an increasingly bitter spat between the two that broke out after Trump last week announced that he was imposing a minimum 10% tariff on most imports

Shriram Finance seeks RBI nod to underwrite govt debt, trade in securities

The consumer loan provider has sought the Reserve Bank of India's approval to set up a primary dealership, for which it plans to launch a separate entity

Warren Buffett's 2025 wealth gains stand out amid billionaire wipeout

Buffett's net worth has climbed $11.5 billion this year to $153.5 billion, according to the Bloomberg Billionaires Index

Apple customers dash to stores to buy iPhones ahead of Trump tariffs

Employees from different Apple locations across the country said stores filled with customers over the weekend

Microsoft fires 2 employees who protested during company's 50th anniversary

The company informed Aboussad that her employment had been terminated due to 'acts of misconduct'

Trump tariffs: US consumers will resent losing access to quality goods

The average American citizen is as unprepared for being cut off from world markets as US institutions are for the assault of a populist strongman

US immigration quietly revoking student visas from Harvard to Stanford

The recent cancellations often discovered by schools only after federal immigration records are updated have affected both students and recent graduates