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Flood waters rise in Russia's Ural mountains, forcing thousands to evacuate

More than 6,100 people have already been evacuated from the city of 230,000, according to local authorities. Fifteen of 40 schools in the school had been flooded

US-China deepening cooperation on financial stability issues: US officials

The exercises will help establish lines of communication between US and Chinese regulators and identify areas of potential cross-border contagion and other risks, the US officials said

Yellen meets China's central bank chief, presses case on excess capacity

Yellen will wrap up her trip to Guangzhou and Beijing with a news conference later on Monday

Overnight swaps suggest RBI likely to hold interest rates through 2024

OIS markets reflect interest rate expectations, with higher rates indicating elevated interest rates for a longer period

Russia launches 24 attack drones in Ukraine, hits critical infrastructure

Currently, there is a direct threat of air pollution, so it is recommended to stay indoors with closed windows." Officials provided no further details

Swiss govt's 'too big to fail' list could saddle UBS with rougher rules

At around $1.7 trillion, UBS's balance sheet is double the size of annual Swiss economic output, giving the bank an exceptional weight for a major economy

Gaza peace talks making progress, all parties agree on basic points

Netanyahu said that despite growing international pressure, Israel would not give in to "extreme" demands from Gaza's Islamist rulers Hamas

SAIC's MG Motor India to bring in new investors, JSW set to buy 35% stake

IndoEdge India Fund will buy an 8 per cent stake, a dealer trust will take a 3 per cent stake and an employee stock ownership plan will own 5 per cent

Elon Musk wants Brazil's Supreme Court justice to resign; here's why

"This judge has brazenly and repeatedly betrayed the constitution and people of Brazil. He should resign or be impeached. Shame @Alexandre, shame," Musk posted on X

Russia's foreign minister arrives in China to discuss Ukraine, Asia-Pacific

Hit with sanctions that closed access to Western markets and finances after sending its troops to Ukraine, Russia has since become China's fastest-growing trade partner

Brazil's Lula calls meeting on future of Petrobras CEO Jean Paul Prates

The meeting takes place after a week of speculation that Prates would be replaced

Our EV firms do not rely on subsidies to gain competitive advantage: China

Commerce Minister Wang Wentao made the remarks at a roundtable meeting of Chinese firms in Paris, where he is set to discuss China's exports of EVs into the European market among other things

Russian corp Rosatom says 3 hurt in Ukrainian attack on Zaporizhzhia plant

In a statement on its website, Rosatom said radiation levels at the plant, Europe's largest facility with six reactors, were normal and there was no serious damage

China foreign exchange reserves rise to $3.246 trn in March, shows data

The yuan fell 0.47% against the dollar in March, while the dollar last month rose 0.31% against a basket of other major currencies

Red Sea crisis: Yemen's Houthi forces say they targeted Western ships

The operations took place during the last 72 hours, Houthi military spokesperson Yahya Saree said in a televised statement

India must keep e-scooter subsidies to boost adoption, says Ather CEO

India's e-scooter market is small but growing, accounting for 5% of total two-wheeler sales in fiscal 2023-2024

Amid healthy US jobs report, US Fed likely to delay interest rate cuts

US employers hired far more workers than expected in March and raised wages at a steady clip, the Labor Department said

Tesla scraps low-cost car plans amid Chinese EV competition; Musk denies

The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said

Tesla accused in suit of wage law violations against California workers

Tesla is also facing claims that CEO Elon Musk violated workers' labor rights by suggesting in a 2018 tweet that employees would lose stock options if they unionized

Emissions model for aviation fuel will be ready in very near future: EPA

The revisions were delayed from an initial March 1 timeline after disputes among agencies about the changes, sources told Reuters at the time