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AstraZeneca bets on next-generation cancer therapy with $2 bn Fusion deal

AstraZeneca will pay $21 per Fusion share, a premium of more than 97% to the US-listed company's closing price on Monday

Steel majors to invest billions of capital to meet buoyant local demand

A spurt in economic activity and a revamp of broader infrastructure have drawn steel makers from around the world to India, where demand is rising. In Europe and the United States, it is falling

Adani Green denies connection to US investigation involving 'third party'

In a statement filed with exchanges, Adani Green said it has no relationship with the third party and is "thus unable to comment" on the scope of the U.S investigation into the alleged dealings

Shriram Finance unit raises $300 mn via 'first of its kind' social bonds

The bonds, which come under the "social bonds" category and were issued to U.S. investors, were priced at a coupon of 5.85% late on Monday, inside the initial price guidance of around 6.15%

High-yield borrowers tap offshore bonds as investor appetite improves

The increased interest, visible in strong subscriptions for issues this year, is likely to push up offshore bond fund raising by Indian firms after it hit a 14-year low in 2023

Meta offers to almost halve Facebook, Instagram monthly fees to 5.99 euros

The move came amid mounting criticism from users about Meta's no-ads subscription service launched in Europe in November which critics say requires users to pay a fee to ensure their privacy

West decries reelection of Putin as President; China, India vow closer ties

"Russia's election was an election without choice," German Foreign Minister Annalena Baerbock said at the start of the meeting.

Russia's Putin warns west, says conflict with Nato just one step from WW3

The Ukraine war has triggered the deepest crisis in Moscow's relations with the West since the 1962 Cuban Missile Crisis.

Drones key to gain advantage over Russia, says Ukraine's army chief

Ukraine President Volodymyr Zelenskiy as part of his military reforms ordered in February the creation of a separate branch of Ukraine's armed forces devoted to drones

Bankrupt airline Go First's bidder ups bid following nudge from banks

Go First, which filed for bankruptcy in May last year, received two financial bids as part of its bankruptcy process, the second being Sharjah-based Sky One Airways, Reuters had reported

Israeli airstrikes kill 20 in Gaza, Rafah, say Palestinian officials

Six more people died in another air strike on a house in Al-Nuseirat refugee camp in central Gaza Strip, they added.

More Chinese tied knot in 2023, lifting marriage rates 1st time in 9 yrs

The number of newlyweds rose to 7.68 million last year, according to data released by the Ministry of Civil Affairs last week

Nasdaq resolves glitch that impacted trading; downtime lasted around 2 hrs

The Nasdaq is home to thousands of stocks, including those of iPhone maker Apple, electric vehicle-maker Tesla and semiconductor powerhouse Nvidia

Apple in talks with Google to let Gemini power iPhone AI features: Details

Alphabet shares jumped more than 6% in early US trading, while Apple was up 2.5%

Iraq to curb crude oil exports to compensate for exceeding OPEC+ quota

OPEC+, whose de facto leader is Saudi Arabia, has highlighted the importance of compliance with the pledged cuts even as oil prices have rallied this year

Tata Sons to sell up to 23.4 mn TCS shares in a deal worth $1.13 bn

Tata Consultancy Services' stock price closed at Rs 4,152.50 today, it is up 1% on one month and has gone up by 14.92% in six months

Unclear how many baby formula maker cases related to Enfamil: Reckitt

Shares of Reckitt, which owns brands such as Lysol, Dettol and Strepsils, that day suffered their steepest one-day drop since 1999, making it the top loser on London's blue-chip FTSE 100

United Airlines CEO Kirby vows review of recent safety training incidents

The Chicago-based airline has experienced several safety emergencies in the past two weeks. Last Friday, an external panel was found to missing from a United aircraft when it landed in Oregon

Why is South Korea hosting a 'Summit for Democracy', all you need to know

This year's summit agenda focused on digital threats to democracy, including misinformation, artificial intelligence, and deep fakes

Warehouse developers scramble for land in India as firms look beyond China

Prime targets are firms looking to expand manufacturing facilities beyond China as tension with the United States and other countries takes off some of its shine