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Japan's Seven & i names Stephen Dacus new CEO, announces restructuring

Dacus, who previously held executive roles with Walmart and Fast Retailing, has also led a special committee vetting the takeover bids

Fertilisers and Chemicals Travancore in talks to buy phosphate from Togo

India's rock phosphate imports from Togo have risen steadily over the past few years, with purchases made on a spot basis

US crude exports to India hit over 2-yr high in Feb amid Russia sanctions

India said last month its energy purchases from the US could go up to $25 billion in the near future from $15 billion last year

Fifteen injured after South Korea air force jet accidentally drops bombs

South Korea's Air Force said eight 500-pound (225kg) Mk82 bombs from a KF-16 jet fell outside the shooting range during joint live-fire exercises

Senate Republicans seek congressional nod for DOGE spending cuts by Musk

The rescission process, which Congress established in 1974, allows presidents to cancel allocated funds through legislation approved by simple majorities in Senate and House of Representatives

Trump hails 'reclaiming' of Panama Canal after BlackRock deal to buy stake

The deal will give the US consortium control of key Panama Canal ports amid White House calls to remove them from what it says is Chinese ownership

After Trump's tariffs, Mexico seeks Asian, European crude oil buyers

The official said potential Chinese buyers were "very interested" in initial conversations, adding that "demand will decide how these flows are redirected"

Exporters seek import duty cuts to counter US steel, aluminium tariffs

The 25% US tariffs on steel and aluminium imports, effective March 12, have raised Indian exporters' concerns about declining orders and rising costs

Trump exempts Mexico, Canada auto imports from new tariffs for a month

The announcement comes after Trump spoke with leaders of the big 3 automakers, Ford, General Motors, and Stellantis on Wednesday

Euro rallies as Germany's historic debt overhaul boosts growth outlook

Germany's bond yields surged as investors digested the additional borrowing expected to back the debt overhaul

US holds secret talks with Hamas for release of US hostages in Gaza

US special envoy for hostage affairs Adam Boehler has been holding the direct talks with Hamas in recent weeks in Doha

ArcelorMittal-Nippon warns import curbs may impact India production

ArcelorMittal Nippon Steel India, a 60-40 joint venture between Luxembourg-based ArcelorMittal and Japan's Nippon Steel, did not respond to a request for comment

Tesla signs 5-yr lease for Mumbai showroom, to start EV sales in 2025

The rent will increase by 5 per cent every year reaching about $542,000 for the fifth year, according to the registered lease document

Apple unveils new MacBook Air models with M4 chip, priced from $999

The introduction of artificial intelligence-enabled personal computers is expected to help drive a recovery in the PC market this year after a post-pandemic slump

US eyes zero tariff on cars in India trade deal as Tesla entry nears

Elon Musk has now found support from US President Donald Trump, who has repeatedly railed against India's high taxes

Donald Trump, Trudeau to speak on Wednesday amid escalating tariff row

Canada then announced immediate retaliatory measures on tens of billions of dollars worth of goods, prompting Trump to threaten even more tariffs

US Supreme Court won't let Trump withhold payment to foreign aid groups

Pursuing what he has called an 'America First' agenda, Trump ordered a 90-day pause on all foreign aid on his first day back in office on January 20

UK closes antitrust investigation into Microsoft-OpenAI collaboration

The partnership came under antitrust scrutiny in Britain and the U.S. last year following the startup's boardroom battle that led to the exit and return of CEO Sam Altman

Google reports 250+ AI deepfake terrorism content to Australian regulator

The Australian eSafety Commission called Google's disclosure "world-first insight" into how users may be exploiting the technology to produce harmful and illegal content

Crude drops for 3rd day on Opec+ plans to increase output, Trump tariffs

Brent futures fell 45 cents, or 0.63 per cent, to $70.59 a barrel at 0953 GMT. US West Texas Intermediate (WTI) crude declined 74 cents, or 1.08 per cent, to $67.52 a barrel