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ADNOC agrees to supply Indian Oil with 1 MMT LNG per year for 15 years

ADNOC has big ambitions in gas and LNG, which along with renewable energy and petrochemicals it sees as pillars for its future growth, putting it in competition with regional rivals Qatar

Dollar recovers some losses as traders scale back bets of big Fed rate cut

Focus turned to Wednesday's US inflation report as the next main indicator that could alter market pricing for the Fed's September meeting

Air Canada finalising plan to shutdown as union talks near impasse

Talks between Air Canada and the Air Line Pilots Association (ALPA), which represents more than 5,200 pilots at Canada's largest carrier, are continuing, but both parties remain far apart, the company

Govt plans to use LNG for third of truck fleet, in blow to diesel

India, one of the biggest emitters of greenhouse gases, has set a 2070 net zero goal and wants to raise the share of natural gas in its energy mix to 15 per cent by 2030

Inflation likely held below RBI's target at 3.5% again in Aug, finds survey

Although food prices, which make up nearly half the inflation basket, have eased significantly in the last two months, erratic monsoon rains across India could harm crop yields

China begins anti-dumping probe into Canadian rapeseed ahead of EV tariff

More than half of rapeseed, also known as canola, exported by Canada makes its way to China

Sanctioned tanker with Arctic LNG 2 cargo moving east along Northern Sea

Washington has recently imposed additional sanctions against Russia for its war with Ukraine

Despite rise in exports, Chinese car sales fall for fifth straight month

Sales fell 1.1 per cent from the same month a year earlier to 1.92 million vehicles, data from the China Passenger Car Association showed

After Ola Electric, e-scooter maker Ather Energy files for $536 million IPO

The IPO is the latest in India's booming stock market that has attracted about 200 companies to raise more than $7 billion through IPOs so far this year, per LSEG data

Bajaj Housing Finance's $782 mn float kicks off busy week for Indian IPOs

This week alone, IPOs of 16 companies open for subscription, including Bajaj Housing Finance's smaller peer Sammaan Capital

Carrefour teams up with Dubai's Apparel Group for expansion in India

India is grappling with severe food price inflation, which accounts for nearly half of the overall consumer price basket, weighing on the country's fast-growing economy

Japan's Panasonic energy unit finalises prep for 4680 EV battery production

The bigger 4680 cells will allow automakers to extend the driving range of electric vehicles and use fewer cells to achieve the same battery pack capacity, Panasonic Energy said in a statement

Japan's new PM likely to pledge more spending to support economy, growth

The winner of the Liberal Democratic Party's (LDP) leadership race, scheduled on Sept. 27, will become next prime minister due to the party's control of parliament

Australia's Domino's served with class action on 'misleading' Japan mkt

Echo Law on its website said the class action was in relation to a Domino's announcement made on Nov. 3, 2021

Big Lots sells biz to Nexus Capital as it begins bankruptcy proceedings

A stalking horse bid is used as a starting or minimally accepted offer that other interested bidders must surpass if they want to buy the asset or the company

Big Lots sells biz to Nexus Capital as it begins bankruptcy proceedings

A stalking horse bid is used as a starting or minimally accepted offer that other interested bidders must surpass if they want to buy the asset or the company

Rupee flat as markets expect RBI support; other Asian currencies slip

While there is a small possibility that the RBI may let the currency weaken slightly below the 84 mark, runaway moves remain quite unlikely

China's CPI rises to 0.6% due to weather disruption, PPI stuck in deflation

Extreme weather this summer from deadly floods to scorching heat has pushed up farm produce prices, contributing to faster inflation

South Korea summit to target 'blueprint' for use of AI in military

At the first summit was held in Amsterdam last year, where the United States, China and other nations endorsed a modest "call to action" without legal commitment

Indian bond yields may dip; no clarity over Fed rate hike to limit fall

Markets have fully priced in a rate cut of at least 25 bps at the Fed's policy decision due on Sept. 18, with expectations for a 50 bps remaining around 30%