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US will not accept Chinese imports decimating new industries, says Yellen

She did not, however, threaten new tariffs or other trade actions should Beijing continue its massive state support for electric vehicles, batteries, solar panels and other green energy goods

JPMorgan says CEO transition is top priority, cites potential successors

The board is 'spending significant time on developing operating committee members who are well-known to shareholders as strong potential CEO candidates,' it said in a proxy statement

Tata Motors reports 11% increase in JLR Q4 sales to 114,038 units

Full-year sales for the financial year 2024 also climbed 22% to 431,733 units, the company said in a statement

India 10-year bond yield hits over 2-month high tracking US peers surge

India's headline retail inflation print is seen at 4.7% on-year in March, the lowest since May 2023, amid easing core inflation, Barclays said

Gaza ceasefire talks still deadlocked despite reports of progress: Hamas

Western powers have voiced outrage over what they see as an unacceptably high Palestinian civilian death toll and humanitarian crisis in Gaza arising from Israel's military onslaught to destroy Hamas

EU assesses Apple's plan for complying with music streaming order

They can also invite users to provide their email address to be sent a link to the platform's website to buy digital music content or services

Pegatron in talks to hand over its only iPhone plant in India to the Tatas

Tata, one the largest conglomerates in India, will operate the joint venture through its Tata Electronics unit, the second source said

India's February silver imports hit record, set to rise by 66% this year

India's imports could rise to 6,000 tons in 2024, from last year's 3,625 tons, driven by robust demand from the fabrication and solar industries

Oil prices edge lower on Israel-Gaza ceasefire talks after 6 months of war

Brent crude futures dropped 90 cents or 1%, to $90.27 a barrel by 1000 GMT. U.S. West Texas Intermediate crude was down 86 cents, or about 0.9%, at $86.05

2024 wheat output seen at 105 mn metric tonnes, 6.25% below govt estimates

Wheat inventories in government warehouses fell to 9.7 million metric tons at the start of March, the lowest since 2017

Google's contemplated HubSpot deal would prompt new battle with regulators

Nearly a dozen antitrust experts and industry analysts said in interviews and analyst notes that it was unlikely that an acquisition by Google would hamper competition

As talks with Kurds fail, Iraq repairs pipeline to supply oil to Turkey

The reopening of the Kirkuk-Ceyhan pipeline, which has been shut for a decade, would provide a rival route to a pipeline from the Kurdistan region that has been shut for a year

India becomes net importer of finished steel in FY23-24, shows govt data

The world's second-biggest crude steel producer remains a bright spot globally with robust demand from its construction and automotive sectors

US-China deepening cooperation on financial stability issues: US officials

The exercises will help establish lines of communication between US and Chinese regulators and identify areas of potential cross-border contagion and other risks, the US officials said

Yellen meets China's central bank chief, presses case on excess capacity

Yellen will wrap up her trip to Guangzhou and Beijing with a news conference later on Monday

Overnight swaps suggest RBI likely to hold interest rates through 2024

OIS markets reflect interest rate expectations, with higher rates indicating elevated interest rates for a longer period

Russia launches 24 attack drones in Ukraine, hits critical infrastructure

Currently, there is a direct threat of air pollution, so it is recommended to stay indoors with closed windows." Officials provided no further details

Swiss govt's 'too big to fail' list could saddle UBS with rougher rules

At around $1.7 trillion, UBS's balance sheet is double the size of annual Swiss economic output, giving the bank an exceptional weight for a major economy

Gaza peace talks making progress, all parties agree on basic points

Netanyahu said that despite growing international pressure, Israel would not give in to "extreme" demands from Gaza's Islamist rulers Hamas

Russia's foreign minister arrives in China to discuss Ukraine, Asia-Pacific

Hit with sanctions that closed access to Western markets and finances after sending its troops to Ukraine, Russia has since become China's fastest-growing trade partner