Page 4 - Reuters%20

Reliance Industries says it may buy Venezuelan oil, awaiting clarity

The statement comes amid evolving global discussions on energy trade involving Venezuela, as refiners assess supply options based on regulatory approvals and international sanctions frameworks

European defence stocks hit record as geopolitics lift dollar, oil

The broader pan-European STOXX 600 was down 0.2%. Japan's Nikkei lost 1.6% overnight amid rising tensions with China and Wall Street futures eased 0.2%

Gold could touch $5,000 an ounce in first half of 2026: HSBC

However, the bank lowered its average 2026 price forecast for gold to $4,587 an ounce from $4,600, ​citing risks that rising prices could trigger a correction later in the year

Finmin plans to scrap curbs on Chinese firms bidding for govt contracts

The measures imposed in 2020 effectively barred Chinese firms from competing for Indian government contracts that were estimated to be worth $700 billion to $750 billion

India's top IT firms likely to report muted growth as US demand softens

India's IT companies earn a significant share of their revenue from the United States, making the world's largest economy crucial for the sector

Nvidia seeks full upfront payment for H200 AI chips from China clients

Nvidia CEO Huang said he did not expect China's government to make a formal declaration on approval, but 'if the purchase orders come, it's because they're able to place purchase orders'

Sebi finds BofA shared confidential info on $180 mn Aditya Birla AMC trade

BofA is preparing a response to Sebi's accusations and is expected to seek a settlement in the millions of dollars without admitting or denying wrongdoing

BlueScope Steel rejects $9 billion takeover offer for fourth time

BlueScope shares closed 1.12 per cent higher on Wednesday at A$29.87, just below the A$30 per share offer made public on Monday

European allies craft response plan should US act on Greenland move

A US military seizure of Greenland from a longtime ally, Denmark, would send shock waves through the NATO alliance and deepen the divide between Trump and European leaders

Oil steadies after Trump says Venezuela to export crude to the US

The deal between Washington and Caracas could initially require cargoes that were bound for China to be rerouted, sources told Reuters

Warner Bros rejects Paramount's revised $108.4 bn bid, backs Netflix deal

Warner Bros' board said Paramount's offer hinges on "an extraordinary amount of debt financing" that heightens the risk of closing

Gold eases as traders review US-Venezuela situation, dollar rises

Spot gold dropped 0.8 per cent ​to $4,461.51 per ounce, as of 1001 GMT, after briefly touching a more than one-week high earlier in the session

UBS cuts rupee March forecast to 92, expects short-lived US deal relief

From near 90 per dollar levels currently, UBS's forecast implies a roughly 2 per cent depreciation over three months, well beyond the March ​forward rate that's near 90.55

Rupee steady as RBI support cushions downside amid weak Asian cues

The rupee snapped a four-day losing streak in the last session, with bankers flagging possible support from the Reserve Bank of India

Crude oil slumps, Asian shares edge lower as global tensions climb

Japanese shares weighed down regional equity benchmarks, while commodity shares were broadly higher after an overnight surge in industrial metals prices

Meta's Ray-Ban Display glasses global launch delayed due to supply shortage

Meta said it would prioritise fulfilling US orders while it re-evaluates its approach to international availability

Hyundai plans to deploy humanoid robots at American factory from 2028

The company did not disclose the cost of the robots, but said deployment would begin across all of its manufacturing sites as part of a push into "physical AI"

Nvidia CEO Huang says next generation of chips is in full production

To get the new performance results, however, Huang said the Rubin chips use a proprietary kind of data that the company hopes the wider industry will adopt

Only Greenland and Denmark can decide their future: European leaders

The leaders said that security in the Arctic must be achieved collectively with NATO allies, including the United States

Dollar dips for second day as Venezuela concerns give way to optimism

The impact of the shock US capture of Venezuelan President Nicolas Maduro over the weekend was short-lived across most asset classes with stocks around the world trading at record highs