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US to scale back troop presence on NATO's eastern flank, says Romania

The US military said the decision not to replace departing American troops in Romania was not 'an American withdrawal from Europe or a signal of lessened commitment to NATO'

Trump announces trade breakthrough with South Korea on Asia trip

Trump and Lee agreed that Seoul can split its promised $350 billion investment fund into $200 billion in cash to be paid in instalments and capped at $20 billion per year, Lee's aides said

Boeing delays 777x jet to 2027, takes $5 billion charge amid setbacks

Last month, CEO Kelly Ortberg said the company was behind schedule in certifying the jet, saying a 'mountain of work' needed to be done

India's HPCL-Mittal Energy stops buying Russian crude oil amid sanctions

Last week, the US and Europe imposed a raft of fresh sanctions on Russian oil, with Washington targetting the country's top oil producers Lukoil and Rosneft

Global automakers scramble for chips as Nexperia export ban hits supply

Nissan Motor and Mercedes-Benz are among the carmakers trying to get to grips with an uncertain supply situation, with Nissan saying it had enough chips until the first week of November

Putin's envoy Dmitriev says there will be peace in Ukraine within a year

Dmitriev was speaking after meeting officials from US President Donald Trump's administration in the United States last weekend

Nvidia storms past $5 trillion valuation as AI boom powers meteoric rise

Since the launch of ChatGPT in 2022, Nvidia's shares have climbed 12-fold as the AI frenzy propelled the S&P 500 to record highs

Microsoft CEO Satya Nadella to visit India in Dec for AI conference: Report

Nadella will also likely meet key customers and India employees during his visit, the second source said. Microsoft has more than 20,000 employees across 10 Indian cities

Etsy names insider Kruti Goyal as new CEO, forecasts weak core sales

For the third quarter, Etsy posted GMS of $2.72 billion, down from last year's $2.92 billion and market estimate of $2.76 billion, per three analysts on LSEG

Akasa Air plans IPO within 2-5 years, to restart pilot hiring next year

Loss-making Akasa, India's third largest airline, has not had enough work for pilots due to delayed deliveries from Boeing

India considering $12 billion plan to bail out state power distributors

The Power Ministry and the Ministry of Finance are discussing the final details of the bailout, with an announcement expected in the February budget, said two of the government sources

Nvidia nears record $5 trillion valuation as AI boom fuels rapid growth

A $5 trillion valuation would also mean Nvidia's market value will exceed that of the entire cryptocurrency market and equal about half the total value of the pan-European Stoxx 600 index

Suzuki to launch 8 SUVs, boost India production to regain market share

Suzuki wants to be the biggest seller of electric cars in India and maintain its lead as the country's biggest car exporter, company president Toshihiro Suzuki said

Indian Oil to form trading JV with Vitol to expand global footprint

The partnership with Vitol will help Indian Oil cut crude-procurement costs from spot markets and improve margins through access to new buyers

UK's BII set to invest $75 million for Blueleaf Energy's India plans

The investment will be made in Blueleaf's utility-scale solar, wind, and energy storage projects in India, and is expected to generate more than 3.2 gigawatt-hours (GWh) of clean energy annually

Asia stocks rise on AI optimism, investors gird for Fed, tech earnings

Also key for investors later in the day will be a highly anticipated rate decision from the Fed, where a 25-basis-point cut is almost fully priced in

$300 mn dividend from Russian assets stuck in banks: Oil India chairman

The Indian state-run explorer, along with Indian Oil Corp and Bharat PetroResources, holds a 23.9% participating interest in JSC Vankorneft and a 29.9% stake in Tass Yuryakh Neftegazodobycha

HPCL issues rare fuel import tenders after refinery disruption in Mumbai

Chairman Vikas Kaushal said on Tuesday HPCL had closed its gasoline-producing continuous catalytic reformer during the processing of contaminated oil that it had sourced from Hindustan Oil Exploration

Indian firms won't buy Rosneft or Lukoil crude via traders, says report

It is difficult to predict when Indian companies will place new orders for Russian oil, added the source, who declined to be named due to the sensitivity of the matter

Singapore's Lighthouse Canton to invest over $1.5 billion in India

The company has already deployed over $350 million in Indian alternative assets and manages a 1.2 million square-foot portfolio of life sciences-related real estate