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Safe-haven currencies strengthen after Russia updates nuclear doctrine

Putin approved the change days after two US officials said that US President Joe Biden's administration would allow Ukraine to use US-made weapons

Trump may pick Cantor Fitzgerald CEO Howard Lutnick for Commerce chief

The Donald Trump transition team did not immediately respond to a request for comment.

France, Germany, other EU nations team up to develop air defence system

Many European countries have ramped up defence spending in recent years, spurred by Russia's war in Ukraine and fears the United States may cut its commitments to protect the continent

Sebi proposes tighter IPO rules for SMEs, seeks views on minimum amount

The regulator also sought views on whether the minimum application amount should be even higher at Rs 4,00,000

Blackstone strikes $8 bn deal for sandwich chain Jersey Mike's Subs

Jersey Mike's Sub, a fast casual sub sandwich franchise, operates over 2,800 locations

Adani Infra to acquire 30% stake in PSP Projects for Rs 685 crore

Adani Infra, owned by a unit of Indian billionaire Gautam Adani's flagship Adani Enterprises, will purchase the shares from Prahladbhai S Patel, who leads PSP Projects and is its top shareholder

Walmart raises annual sales forecast, bets on strong holiday shopping

The retailer is among the first major US chains to provide insight into the all-important holiday quarter and how consumers are planning to spend as inflation ebbs

Steelmakers urge govt to impose temporary tax to check cheap imports

India, the world's second-biggest crude steel producer, became a net importer of the alloy in the fiscal year to March 31, 2024 and the trend has continued since, with imports rising steadily

US packaging firm Amcor Plc to buy Berry in all-stock deal worth $8.43 bn

Berry's shares were up 4.4 per cent before the bell. Amcor shares were up about 1 per cent

Sony in talks to buy Japan's media giant behind 'Elden Ring' video game

The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks

Nestle to cut costs by $2.8 bn, boost marketing under CEO Laurent Freixe

The repercussions continue to weigh on the Swiss company's revenue after shoppers switched to cheaper, better advertised or more innovative brands, eating into Nestle's market share

G20: Leaders prioritise climate change, clean energy on summit's final day

Developed countries, including in Europe, argue that the contributor base needs to be expanded to include richer developing countries like China and richer Middle Eastern countries in order to agree

Iran, Israel among rivals to showcase their arms at Vietnam defence expo

China's state-owned defence giant Norinco Group, which is subject to U.S. sanctions, will attend, Le Quang Tuyen, deputy head of the defence industry department, said on the sidelines

Asia tariffs could harm growth and disrupt supply chains, warns IMF

Tariffs could impede global trade, hamper growth in exporting nations, and potentially raise inflation in the United States, forcing the US Federal Reserve to tighten monetary policy, despite

Yunus hopes US-Bangladesh ties will thrive despite Trump's criticism

Bangladesh's neighbour and Hindu-majority India has strong cultural and business ties with Bangladesh and Prime Minister Narendra Modi's government has also expressed concern over the spate of attacks

G20: Russia-China discuss ties, Ukraine war and Korean peninsula

The leaders' statement also expressed deep concern about the catastrophic humanitarian situation in the Gaza Strip, and called urgently for more aid and protection for civilians along with

Mamaearth parent loses $415 mn in value as Q2 loss fans demand worries

The sharp selloff was triggered after Honasa posted its first quarterly loss since listing in Nov. 2023 late on Thursday

US House Ethics panel to discuss Trump's attorney general pick Gaetz

An attorney who said he represented two women who testified to the committee said on Monday that Gaetz had paid his clients, who were adults, for sex and that one of his clients witnessed Gaetz having

Trump widens treasury secretary search with Warsh and Rowan in the list

Bloomberg reported on Monday that Bessent was being considered for the White House's National Economic Council, but holding off accepting until a decision is made on the Treasury secretary

Govt planning to sell stakes in 4 state-run banks to comply with Sebi norms

The Securities and Exchange Board of India (SEBI) requires listed companies to maintain a 25 per cent public shareholding, but has exempted government-owned firms from meeting these norms till August