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Israeli markets rally as investors sketch post-Iran conflict landscape

The main Israeli share indices also gained, with the broad Tel Aviv 125 index up 1.9% in afternoon trade, extending Sunday's gains of some 0.5%

Oil prices slip as Israel-Iran strikes spare key energy infrastructure

Brent futures were down 93 cents, or around 1.3%, to $73.30 a barrel by 1307 GMT, while U.S. WTI futures were off 99 cents or nearly 1.4%, to $71.99

Fugitive Mehul Choksi accuses India of orchestrating his kidnap in Antigua

Choksi - who was arrested in Belgium in April - is wanted in India over his alleged involvement in one of India's biggest bank frauds at Punjab National Bank

OPEC sees solid second-half of 2025 for world economy, trims 2026 supply

OPEC also said supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 730,000 barrels per day in 2026, down 70,000 bpd from last month's forecast

State-run firms delay zero-coupon bond issues on weak investor demand

Deep-discount bonds are typically issued at a discount of over 20per cent-25per cent to their face value and do not pay interest

RBI seeks market views on aligning call money rate with policy repo

The policy rate currently stands at 5.50 per cent, while the overnight call rate averages 5.30 per cent and the TREPS rate hovers near 5.20 per cent

Premium insurance demand spikes as travel disruptions rise globally

Travelers are opting for premium insurance policies, seeking greater protection. With flight delays, cancellations, and unpredictable events on the rise, many are willing to pay more for peace of mind

Russian oil freight rates to India ease, EU curbs may reverse trend

The European Union has put forward a new sanction package against Russia over Ukraine and proposed to lower the Group of Seven nations' price cap on Russian crude oil to $45 a barrel from $60 a barrel

ASICS to boost India sportswear production to 40% amid import restrictions

ASICS, which competes with global rivals including Nike, Adidas, and Skechers USA in India, plans to open three new franchise stores per month between now and the end of the year

Nissan plans to cut stake in Renault to 10%, looks to raise $640 mn: CEO

Nissan and Renault had said in March they had agreed to reduce their required minimum stake in each other to 10 per cent from 15 per cent

Renault CEO Luca de Meo quits, likely to become head of Gucci-owner Kering

De Meo's unexpected departure marks the second top-level exit from a European carmaker in six months, after Carlos Tavares resigned from Stellantis

G7 needs to raise pressure on Russia for ceasefire, says EC chief Leyen

With diplomacy at a standstill, the European Union is set to adopt a new sanctions package on Russia, but have so far failed to convince Trump - who has been reluctant to weigh on Putin

JLR trims FY26 margin forecast to 5%-7% as US tariffs cast shadow

JLR's EBIT margin forecast was also below its reported margin of 8.5 per cent for the previous fiscal year

China's home prices dip in May, extending two-year slump despite support

New home prices fell 0.2 per cent month-on-month in May after showing no growth the previous month

China's factory growth slows to 6-month low, retail sales give brief relief

Beijing last month rolled out a package of stimulus measures, including interest rate cuts and a major liquidity injection, aimed at shielding the economy from the hit from US tariffs

US-China trade truce likely leaves military-use rare earth issue unresolved

Beijing has not committed to grant export clearance for some specialised rare-earth magnets that US military suppliers need for fighter jets and missile systems

Amazon to invest $13 bn in Australia's data center infra over five years

The investment is Amazon's largest global technology commitment in Australia, with funding directed toward new server capacity and support for generative AI workloads

Elon Musk's X recovers partially after major outage hits users in US

Reports of disruptions had dropped to around 1,041 by 7:42 p.m. ET, down from a peak of more than 10,000, according to Downdetector

Israel strikes Iran for second night; Iran says 'gates of hell' will open

Israel said that Iran had launched around 100 drones towards Israeli territory on Friday, but Iran denied this and there were no reports of drones reaching Israeli targets

US gave regional allies heads up on Israel's planned attack on Iran: Report

In a diplomatic note sent out Thursday afternoon, the State Department confirmed that the Israeli attack was set to take place late on Thursday. Qatar was among the countries which received heads up