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Tech volatility weighs on global stocks; oil falls towards four-month low

Global stocks fell as Apple's price hikes rattled tech shares, while oil slid on easing supply fears and gold edged higher on a weaker US dollar

Sebi rejects Anil Ambani's settlement request over Reliance Infrastructure

Ambani, the younger brother of billionaire Mukesh Ambani, has faced growing scrutiny from regulators and enforcement agencies over the past 18 months

Small plane crashes into Beijing's tallest building; police seal off area

Police cordon off the area around CITIC Tower after a small aircraft reportedly crashes into the skyscraper, with authorities yet to issue an official statement

Volkswagen CEO aims to cut up to 100,000 jobs in next few years: Report

Volkswagen CEO Oliver Blume intends to reduce investment by around 15% to just over €130 billion ($148 billion) over the next five years

Middlemen offer discounted Iranian oil to Indian refiners after US waiver

National Iranian Oil Company and traders have approached Indian refiners with discounted crude following Washington's temporary sanctions waiver, though payment mechanisms remain unclear

Donald Trump says Iran attacks on ships 'a foolish violation' of ceasefire

US President says Iran launched four one-way attack drones at ships transiting the Strait of Hormuz, with one striking the upper deck of a cargo vessel

Byju's lenders seek nearly 30% stake in Aakash under settlement talks

Global lenders are in advanced talks to take a stake in Aakash Educational Services and withdraw legal action against Byju's founder Byju Raveendran

Unilever explores bid for Thorne amid beauty and wellness expansion

Consumer goods giant is among bidders for US supplements maker Thorne, reportedly valued at up to $4 billion, as it accelerates its shift towards health and wellness

Oil heads for steep weekly losses as Hormuz tanker traffic gathers pace

Brent and WTI fall about 3 per cent as supply concerns ease with higher tanker movements through the Strait of Hormuz despite fresh security risks in the region

Ukraine hits Russian chemical plant again in heavy overnight drone attack

Regional governor Dmitry Milyayev said an industrial facility in Novomoskovsk 200 km (125 miles) south of Moscow had been damaged

Vedanta unit accepts bids worth $1.75 bn for 3-tranche dollar debt: Bankers

The bonds will be guaranteed by the parent firm as well as subsidiaries Twin Star Holdings, Welter Trading and Vedanta Holdings Mauritius II

Japan evacuates 2 million ahead of typhoon, torrential rain batters Taiwan

Mekkhala, currently a tropical storm, is nearing southern Japan's Ryukyu Islands after skirting Taiwan where it brought heavy rain to parts of the island, especially in the southern regions

Samsung to unveil $648 bn investment plan as AI boom reshapes South Korea

The investment, which would include AI data centers, batteries and displays, will be announced at a meeting with President Lee Jae Myung at the presidential office

Asian shares ease from record highs as Apple's price hikes weigh on tech

The Nasdaq swung lower overnight after Apple slid 6.1 per cent after announcing price hikes for iPads and MacBooks to counter surging memory and storage chip costs

S Korean shares fall 8%, set for worst week since March on US tech selloff

The benchmark KOSPI was down 730.49 points, or 8.18 per cent, at 8,199.81, as of 0318 GMT

OpenAI may delay public debut until 2027, targets $1 trillion valuation

The AI startup, which has confidentially filed ‌for a US initial public offering, is targeting a valuation of up to $1 trillion

Oil edges lower as Hormuz shipments resume despite ship attack near Oman

Brent crude ‌futures fell 19 cents, or 0.25%, to $75.07 a barrel as of 0055 GMT, while US West Texas Intermediate fell 13 cents, or 0.18%, to $71.79 a barrel

JPMorgan reshapes Jamie Dimon succession race with executive shuffle

JPMorgan has reshaped its succession race by promoting Doug Petno and Troy Rohrbaugh while Marianne Lake's retirement narrows the field to succeed Jamie Dimon

US Secretary of State Marco Rubio ends Gulf tour as allies share Iran woes

Marco Rubio sought to reassure Gulf allies that any US-Iran agreement would protect regional security and preserve free navigation through the Strait of Hormuz

Thousands feared dead in Venezuela after two powerful earthquakes

Powerful twin earthquakes near Caracas have caused widespread destruction, with fears the death toll could rise sharply as rescue operations continue