Page 4 - Reuters%20

Iran halts petrochemical exports to secure domestic supply amid disruptions

The export ban aims to stabilise domestic markets and ensure supply to local industries following damage caused by recent attacks

Hetero Labs targets sales of 1.5 million semaglutide pens in global rollout

Hetero plans to launch the drug in India in ‌April, focusing on building market share overseas to begin with, Managing Director Vamsi Krishna Bandi said

South Korean President Lee to make state visits to India and Vietnam

PM Modi and South Korea's Lee Jae Myung are due to hold a summit on April 20, with talks expected to cover cooperation in areas such as shipbuilding, artificial intelligence and defence

India-Zambia talks on critical minerals stall over mining rights concerns

The exploration programme in Zambia was set to run for three years, after which New Delhi had planned to invite private sector companies to participate, subject to securing mining rights

Oil prices fall as hopes for US-Iran deal outweigh supply concerns

Brent crude futures dropped 44 cents, or 0.5 per cent, to $94.49 a barrel at ‌0021 GMT. US West Texas Intermediate crude futures was down 70 cents, or 0.8 per cent, at $90.59 a barrel

Asian markets advance on US-Iran peace deal hopes, corporate earnings

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 per cent, putting the benchmark on track for a third consecutive day of gains, while Japan's Nikkei rose 1.5 per cent

Gold falls from one-month peak as investors look to US-Iran negotiations

Spot gold ‌was down 0.7% at $4,806.77 per ounce, as of 1131 GMT, after hitting its highest since March 18 earlier. U.S. gold futures for June delivery fell 0.4% to $4,829.70

Russian LNG under US sanctions heads for the first time to India

India has never publicly confirmed any such pledge and has said its buying decisions are guided by price, supply security and consumer interests

Snap to cut 1,000 jobs after activist push, bets on AI efficiency

The activist investor has an economic interest of about 2.5 per cent in the company

EU plans antitrust action, may force Meta to restore rival AI on WhatsApp

Under EU rules, competition regulators can order companies to temporarily stop suspect business practices, but these demands can be challenged in the bloc's courts in Luxembourg

ECB to warn banks about risks from Anthropic AI's new model, says report

Unlike in the US, this will be done via the ECB's regular dialogue with bank staff and no ad-hoc meeting with top management has been scheduled yet

Trump says Iran war near end as Pakistan army chief reaches Tehran

The diplomatic push came as US and Iranian officials weighed a return to Pakistan for further talks after negotiations there ended on Sunday without a breakthrough

ICICI Lombard Q4 profit rises 7% on strong health insurance demand

The insurer's profit after tax rose to 5.47 billion rupees ($58.55 ​million) for the three months ‌ended ​March 31, ‌from 5.10 billion rupees ‌a year ‌earlier

India's trade deficit shrinks to $20.98 bn in March amid Iran war risks

India's merchandise exports rose to $38.92 billion in March from $36.61 billion in February, while imports ‌fell to $59.9 billion from $63.71 billion

Sebi makes it easier for firms to cut IPO size as Iran war hits sentiment

Current ‌rules stipulate that initial public offering documents need to be refiled if the planned fund-raising amount increases or decreases by 20 per cent or more

Foreign investors grow more wary of India as forex curbs hit bonds

Liquidity in the NDF market, a key channel through which foreign investors manage rupee exposure, has thinned, making hedging both more expensive and harder to execute

Iran used Chinese spy satellite to target US bases during conflict

The TEE-01B satellite, built and launched by Chinese company Earth Eye Co, was acquired by the Islamic Revolutionary Guard Corps Aerospace Force in late 2024, according to a report

US-sanctioned tanker turns back to Strait of Hormuz, day after Gulf exit

US Central Command said no ships managed to pass through the blockade in the first 24 hours, adding that several vessels were instructed to turn back toward Iranian ports

Asian stocks scale six-week peak on hopes of renewed US-Iran peace talks

President Donald Trump said talks ​with Iran could resume in Pakistan over the next two days, after the collapse ‌of weekend negotiations prompted Washington to impose a blockade on Iranian ports

Oil falls as hopes of Iran talks ease Hormuz concerns, Brent at $94.27

Brent crude futures fell 52 cents, or 0.55 per cent, to $94.27 a ‌barrel at 0054 GMT after falling 4.6 per cent in the previous session