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Typhoon Gaemi strengthens near Taiwan, work halted, flights cancelled

Typhoon Gaemi's outer skirt was bringing heavy rain to much of Taiwan, where a direct landfall was expected Wednesday evening in the northern county of Ylan

Harris bashes Trump over fear and hate, promises compassion in debut rally

In a 17-minute speech, Harris aggressively went after Trump's vulnerabilities, comparing her background as a former prosecutor to his record as a convicted felon.

Sri Lanka central bank cuts interest rates to help fuel economic recovery

The Central Bank of Sri Lanka (CBSL) cut the Standing Deposit Facility Rate to 8.25 per cent and the Standing Lending Facility Rate to 9.25 per cent

G20 draft communique sees growing chance of global economic 'soft landing'

Speaking to the press, Brazil's G20 finance track coordinator, Tatiana Rosito, said negotiations were ongoing, but she "firmly" believed there would be consensus for an extensive joint statement

GM indefinitely delays plans of self-driving vehicle without steering wheel

In 2022, GM filed a petition with the National Highway Traffic Safety Administration seeking permission to deploy up to 2,500 self-driving Origin vehicles annually without human controls

Nvidia clears Samsung's HBM3 chips for use in processors for 1st time

It was not immediately clear if Nvidia would use Samsung's HBM3 chips in its other AI processors or if the chips would have to pass additional tests

Who will be Kamala Harris' vice president? Beshear, Buttigieg in running

Harris has enlisted the law firm of Eric Holder, the former attorney general, to vet possible running mates, sources told Reuters

Asian stocks subdued after lacklustre earnings from US tech; yen firms

The US dollar was broadly firm, with traders watching out for an inflation reading on Friday and Federal Reserve meeting next week

Trump move against EV support would hurt competitors more than Tesla: Musk

Former President Trump, the Republican candidate supported by Musk, has been critical of the Biden administration's EV policies and has said that he will "end the electric vehicle mandate" if he wins

India's July edible oil imports to surge to record on robust palm buying

India on average has been importing 1.2 million tons of edible oil so far in the current marketing year which began November 2023.

Delhi officials reject Pernod liquor licence appeal, cite investigations

The rejection adds to Pernod's India woes, with the French drinks group facing two antitrust cases in India while it also contests a tax demand for nearly $250 million

July 21 recorded as world's hottest day ever as climate change worsens

Carlo Buontempo, director of the Copernicus service, said that it was possible the beginning of this week could eclipse Sunday's record as heatwaves continue to sizzle across the world

Palestinian factions agree for unity government after talks in China

Currently Hamas runs Gaza and Fatah forms the backbone of the Palestinian Authority, which has limited control in the Israeli-occupied West Bank

Apple Inc likely to release foldable iPhone as early as 2026: Report

Apple's foldable iPhone has progressed from the ideation stage, the report said, citing two people with knowledge of the matter

Philip Morris raises profit forecast as nicotine pouch demand grows

ZYN has emerged as a bright spot thanks to booming growth, while regular hikes to cigarette prices have helped offset consistent volume declines across the industry

India must strengthen manufacturing sector to create jobs: Fitch analyst

During Tuesday's annual budget, India's government announced plans to spend $24 billion to create jobs over the next five years and $32 billion on rural development this year alone

Israel tanks advance deeper in southern Gaza as hope of ceasefire talks up

Gaza health officials said Israeli military strikes since Monday killed at least 80 Palestinians in the Khan Younis area - adding to a death toll of more than 39,000 in nearly 10 months of warfare

General Motors beats quarterly revenue expectations, raises profit forecast

The Michigan automaker is leaning heavily on its gasoline-engine offerings to fuel its profits through a slower-than-anticipated transition to electric vehicles

Schaeffler India Q1 results: Net profit increases 7% to Rs 253.5 crore

The company posted a PAT of Rs 237.28 crore in the year-ago period, the company said in a regulatory filing

New Delhi rejects Pernod Ricard's liquor licence application: Report

Pernod's brands, including Chivas Regal and Absolut vodka, have not been available in the city since late 2022 after a previous licence application was rejected in April last year