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Russia cuts crude oil exports to keep more barrels at home for refiners

The country's seaborne crude shipments have slumped to the lowest since January, and are likely to remain near that level through to the end of August

Investors in Asia see Biden withdrawal as benefiting 'Trump trade'

Global investors see the Republican's policies on tariffs, immigration and deficits leading to a stronger dollar and higher bond yields

Trump basks in total control of GOP as President Biden's campaign hits low

Trump's address in Milwaukee on Thursday was the finale of a raucous convention

Trump pledges action to end electric vehicle 'mandate' on day one in office

Trump has made no secret his disdain for electric vehicles, claiming they don't work and will benefit China and Mexico

Boeing guilty plea in crash case delayed as US Justice Dept finalises deal

The plea agreement will allow Boeing to avoid a criminal trial after the Justice Department determined that the company breached a 2021 deferred-prosecution agreement over two fatal crashes

US elections: Republicans confident of Trump's win as Biden faces pressure

Some say it doesn't matter at all whether Democrats swap out Biden, while others say the party might actually be worse off

Citigroup expects India to attract $100 billion in foreign Investments

Apart from climate transition, India's forays into electronics and infrastructure-related manufacturing are gaining prominence with investors abroad, an expert said

India put up tariff walls. To revive factories, it must bring them down

The jobs crisis in the most-populous nation has assumed alarming proportions. Young graduates are nine times more likely to be unemployed than those who can't read or write

Google set to lead $250 mn round by Indian mobile startup Glance InMobi

Outlay would increase Google's bets in the world's most populous country, where it vies with local contenders as well as global peers Microsoft, Meta Platforms and Amazon.com for new growth areas

Prez Xi's big economic meeting shows party bracing for slower growth

The real estate sector, which at one point accounted for a quarter of China's gross domestic product, was mentioned just once in the nearly 4,000-word announcement

Israeli officials consider letting EU, Palestinians control Rafah crossing

The US, United Nations and Arab states have urged Israel to reopen it to enable more supplies of food, fuel and medicine to get to Palestinian civilians in Gaza

Biden faces intensified calls to step aside after diagnosed with Covid-19

Nearly two-thirds of Biden's own party say he should withdraw from the race, according to an Associated Press-NORC poll released hours before Biden's Covid diagnosis

Adani, Wilmar likely to pick banks for sale of stake in joint venture

Representatives for the Adani group and Nuvama did not offer any immediate comments, while representatives for Jefferies, SBI Capital and Wilmar International declined to comment

Centre may cut fiscal deficit target slightly in Budget after revenue boost

Modi returned to power only with the support of coalition partners, who have been seeking more money for their states, already putting demands on the table for more than $15 bn in financial aid

Budget 2024: PM Modi allies Nitish, Naidu demands billions, pile pressure

For now, it seems that Modi will likely be able to manage those demands without blowing out the budget deficit.

PM Modi's new govt spending plans to remain in line with early projections

A modest expenditure plan could give an extra fillip to India's bond market, where benchmark yields are edging toward a 2-year low

Top-performing Lombard Fund doubles down on India's junk credit bonds

South Asian nation's star economy and improving business environment, at a time of slowing growth in China, has made Indian assets investor darling

VP Kamala Harris could lead if health declines, says President Biden

Biden, 81, acknowledged that questions about his age are a legitimate thing to raise

Russian firms find it difficult to get paid by China amid US sanctions

Those delays come after the US in June widened the parameters for determining whether to impose secondary sanctions by broadening the definition of Russia's military-industrial base

Risk of developing Long Covid falls, but remains substantial, shows study

The World Health Organization says tens of thousands of Covid cases are being reported globally. The actual number of infections is likely to be significantly higher