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US retail giant Costco to set up global capability centre in India: Report

The centre will initially employ 1,000 people and scale up eventually

China starts building world's largest hydropower project in Tibet

China's CSI Construction & Engineering Index jumped as much as 4 per cent to a seven-month high. Power Construction Corporation of China and Arcplus Group PLC surged by their 10 per cent daily limit

Jeju Air pilots shut off less-damaged engine before crash: Report

A government source said examinations of the plane's recovered engines found that no defects had been present before the bird strike and crash

Microsoft warns govt, firms of cyberattacks on document-sharing software

Microsoft said on Sunday it issued a security update for SharePoint Subscription Edition, which it said customers should apply immediately

Air India cockpit recording suggests captain cut off fuel supply: Report

The US assessment is not contained in a formal document, said the source, who emphasized the cause of the June 12 crash in Ahmedabad, India, that killed 260 people remains under investigation

Domino's tops Q2 US sales estimates on strong demand, new menu deals

The world's largest pizza chain introduced items such as the parmesan-stuffed crust pizza to its list, and attracted value-conscious consumers through deals under its rewards program

Reliance's expansion into green energy segment sparks analyst optimism

Billionaire Mukesh Ambani's firm on Friday revealed details of progress of a $10 billion investment to build its clean energy portfolio and achieve net-zero carbon emissions by 2035

Govt changes timing of overnight rate release with effect from Aug 4

Financial Benchmark India will publish the daily Mumbai Interbank Offer Rate at 12:45 p.m. IST, instead of the current 10:45 a.m. IST

Furniture brand WoodenStreet aims to boost revenue in 3 years, mulls IPO

The CEO Lokendra Ranawat said WoodenStreet plans to triple its store count within 18-24 months, focussing on major cities, while also considering opportunities in smaller ones

Perplexity in talks with phone makers to preload Comet browser on devices

Perplexity is in between discussions with phone makers to ship smartphones with its new Comet browser as a pre-installed application

'Japanese First' party rises in election with anti-immigration, tax pitch

Prime Minister Shigeru Ishiba's Liberal Democratic Party and its coalition partner Komeito lost their majority in the upper house, leaving them further beholden to opposition support

China keeps lending rates unchanged as Q2 data shows economic resilience

Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages

Oil prices change little as investors eye impact of new sanctions on Russia

The EU approved on Friday the 18th package of sanctions against Russia over the conflict in Ukraine, which also targeted India's Nayara Energy, an exporter of oil products refined from Russian crude

Asian markets, yen steady after Japan poll; focus turns to tech, trade

In Japan, the ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba's grip on power as a tariff deadline looms

Iran may hold nuclear talks with UK, France, Germany next week: Report

The three European countries, along with China and Russia, are the remaining parties to a 2015 nuclear deal reached with Iran - from which the United States withdrew in 2018

Bangladesh signs US wheat-import deal in bid to curb tariff pressure

The US tariff hike has rattled Bangladesh export sector, especially the ready-made garments industry, which fears losing competitiveness in one of its largest markets

China's exports of rare earth magnets to the US skyrocket in June

China, which provides more than 90 per cent of global supply of rare earth magnets, decided in early April to add several rare earth items to its export restriction list in retaliation for US tariffs

7.4 magnitude quake hits off Russia's Kamchatka coast, tsunami alert lifted

The earthquake struck off the east coast of Kamchatka at a depth of 10 km, shortly after a previous quake, according to the German Research Centre for Geosciences (GFZ) data

Japan's ruling coalition likely to lose upper house majority: Exit poll

The LDP, which has ruled Japan for most of the post-war period, had its worst showing in 15 years in October's lower house election

Wall St dips after report of Trump eyeing steep tariffs on EU goods

Industrial giant 3M fell about 5 per cent after the company said the impact of tariffs will mostly be felt in the second half of the year