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Hedge funds lose half of 2025 gains amid market turmoil: Goldman Sachs

Technology is the second worst-performing S&P 500 sector year-to-date with about an 8 per cent loss, after consumer discretionary stocks which have tumbled just over 9 per cent

Russia sues US owner of seized canned food maker over fund transfer

The General Prosecutor's lawsuit, filed on March 5, contained no details, beyond naming the defendants as Smirnov, who is a U.S. citizen, Universal Beverages and other companies

IndusInd Bank CEO gets 1-year extension, short of board's recommendation

The Reserve Bank of India (RBI) approved Kathpalia's term to be extended from March 24 this year to March 23, 2026, IndusInd said

IndusInd Bank CEO gets 1-year extension, short of board's recommendation

The Reserve Bank of India (RBI) approved Kathpalia's term to be extended from March 24 this year to March 23, 2026, IndusInd said

US Fed's Powell gets chance to address global trade war, stagflation fears

Powell will deliver his remarks to an economic conference just ahead of the communications blackout for the Fed's March 18-19 policy meeting

Sebi warns Nestle India over breach of insider trading regulations

The company, which makes Maggi instant noodles, said there was no material impact on its financials, operations or other activities because of the incident

Russia warns of countermeasures to respond to EU 'militarisation' plans

European leaders on Thursday backed plans to spend more on defence and continue to stand by Ukraine in a world upended by Donald Trump's reversal of U.S. policies

Looking to boost transparency, including on board conflicts: Sebi chief

Last week, veteran finance ministry bureaucrat Tuhin Kanta Pandey replaced Madhabi Puri Buch as the chief of the Securities and Exchange Board of India (SEBI)

BPCL plans to buy US crude through a four-month tender next week

The refiner will be seeking one million barrel of WTI every month for arrival from May or June for four months, the source said

L&T bets on space exploration as India expands private rocket industry

At its factory in Coimbatore, in the southern Indian state of Tamil Nadu, L&T is assembling the country's first privately built Polar Satellite Launch Vehicle (PSLV)

Nissan board to discuss potential CEO successors at March 11 meeting

The next CEO could be installed as a temporary or transitional leader, an option that would give the board more time to find a permanent replacement

Porsche and Volkswagen CEO to keep dual role until complete restructuring

Porsche's parent group Volkswagen is also in the midst of a restructuring and cost-cutting drive to streamline its finances in the face of cheaper rivals encroaching on Europe from China

Global coffee trade grinding to halt, hit hard by sharp price hikes

The coffee price hikes have stemmed from lower production in important coffee growing regions, particularly in top grower Brazil

China sees decline in private jets as new Asian wealth hubs emerge

At the end of last year there were a third fewer private jets based in mainland China, Hong Kong and Macau than the 2017 peak of 481 planes

Toyota launches its cheapest smart EV in China in bid to boost market share

Toyota and its Chinese partner, state-owned Guangzhou Automobile Group (GAC), had first unveiled the car at an autoshow in Beijing last year

Who could be the next Nissan CEO after Makoto Uchida? Check names here

If Uchida does exit, his replacement would become the fourth person to lead the carmaker in a little under six years, reflecting a sign of the management turmoil that has plagued Nissan

Indian firms ramp up long-term FX hedges on rupee swings, cheaper costs

The rise in hedging longer-tenor exposures follows a pickup in shorter duration hedges

Major powers should not bully the weak, says China foreign minister Wang Yi

In one of the first answers of the press conference, Wang said China-Russia relations are a "constant in a turbulent world, not a variable in geopolitical games"

Volkswagen may avoid 25% Trump tariff, but BMW and others face trade levy

Detroit's automakers lobbied for such an exemption for weeks, and praised Trump's announcement that they would receive temporary relief

Trump considers revoking legal status for 240,000 Ukrainians in US

Such a move would be a stunning reversal of the welcome Ukrainians received under President Joe Biden's administration and potentially put them on a fast-track to deportation