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Mission 2025 group urges governments to aim more ambitious climate goals

Corporate backers include consumer goods company Unilever, the world's biggest furniture retailer IKEA and British sustainable energy company Octopus EV

Mission 2025 group urges governments to aim more ambitious climate goals

Corporate backers include consumer goods company Unilever, the world's biggest furniture retailer IKEA and British sustainable energy company Octopus EV

China's fiscal revenue drops 2.8% in January-May as weak demand drags

Fiscal expenditure rose 3.4 per cent in the first five months, versus a 3.5 per cent gain in the first four months

Russia says U.S. is responsible for deadly Ukrainian attack on Crimea

Television footage on Russian state television showed people running from a beach and some people being carried off on sun loungers

Yaccarino shakes up X amid Elon Musk's pressure on costs, says report

X's head of global government affairs, Nick Pickles will take over Benarroch's responsibilities, with an expanded role including directing all global communications, the FT said

Apple and Meta Platforms have discussed AI partnership, say reports

Apart from Google and Meta, AI startups Anthropic and Perplexity have also been in discussions with Apple to bring their generative AI to Apple Intelligence, the report stated

Amazon mulls monthly subscription for conversation AI-powered Alexa service

The paid version of Amazon's AI-powered Alexa could perform more intricate tasks such as composing a brief email, sending it and ordering dinner for delivery from Uber Eats, all from a single prompt

Boeing expected to evade criminal charges for violating settlement: Report

The agreement included money to compensate victims' relatives and required Boeing to overhaul its compliance practices

Prestige Estates Projects approves $599 million fundraise via stake sale

"The monetizing bid largely means that Prestige will seek greater value for hospitality biz and will likely go for an initial public offering," said Karan Khanna, a research analyst at Ambit Capital

Reliance shareholders approve retail unit's $4 bn lease to Jio Financial

JFS plans to acquire equipment worth 360 billion rupees from Reliance Retail, as the financial services provider plans to enter the device leasing business

May oil imports: Russia at record high, Saudi lowest in 10-month

India shipped in about 5.1 million bpd oil in May, a growth of about 5.6% from April, the data shows

Gold discounts in India widen as elevated prices dampen its demand

Domestic prices were trading around 72,800 rupees per 10 grams, after hitting a record high of 74,442 rupees last month

China asks Visa, Mastercard to reduce bank card transaction fees: Report

The Payment & Clearing Association of China is proposing lowering the fees charged on foreign card transactions to 1.5% from between 2% and 3%, the report said

China asks Visa, Mastercard to reduce bank card transaction fees: Report

Domestic prices were trading around 72,800 rupees per 10 grams, after hitting a record high of 74,442 rupees last month

HDB Financial Services to reissue Sept 2027 bonds, eyes to raise Rs 500 cr

The company will offer a yield of 8.35 per cent on this issue, and has invited bids from bankers and investors on Monday

After a sluggish period, China's economic outlook improving: JPMorgan Chase

US companies are assessing their prospects in China as its economy recovers unevenly and relations worsen between the two nations

China accuses EU of foul play, says escalation could trigger 'trade war'

Last week, the European Commission proposed tariffs of up to 38.1 per cent on electric vehicle imports from China despite Beijing's protest

Uncertainty over general elections drags UK business growth to 7-month low

Opinion polls suggest Keir Starmer's Labour Party is set to return to power for the first time since 2010 as Prime Minister Rishi Sunak's Conservatives head for a historic defeat

ABN Amro nears deal to buy HSBC's German private bank: Report

The takeover of the business, formerly known as Trinkaus & Burkhardt, could be announced over the next two to three weeks, the paper said

Russia-North Korea pact may dent China's influence, but its sway undeterred

Experts say China's leaders are likely fretting over potential loss of influence over North Korea after North Korean leader Kim Jong Un and Russian President Vladimir Putin signed the deal this week