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Will provide free grains to Africa, promises Russian President Putin

Putin told the summit that over 70 per cent of Ukrainian grain exported thanks to the now-lapsed deal had gone to high-or-above-average-income countries

Facebook parent Meta stock surges 8% on AI-powered ad sales booster

Meta's results were also supported by improving monetisation of Reels, a short-form video format that is the company's answer to TikTok

India model pre-orders 'exceeding expectations', says Harley-Davidson CEO

This time the company has teamed up with Hero Motor Co, the world's largest motorcycle maker, to make the bikes with prices below Rs 2.33 lakh ($2,841)

Disney's Hotstar India plans to limit account sharing, says report

Disney's plan comes just as streaming rival Netflix in May started telling subscribers in more than 100 countries they will need to pay more to share the service with people outside their household

McDonald's India franchisee Westlife's profit misses as costs mount

The franchisee said consolidated net profit after tax rose 22% to 288.3 million rupees ($3.52 million) for the April-June quarter, missing Refinitiv IBES estimates of 321 million rupees

India asking for renegotiation of FTAs with Japan, S.Korea -trade minister

Goyal also termed India's free trade agreement with the Association of Southeast Asian Nations (ASEAN) "ill-conceived" and "unfair" to the Indian industry

Tax dept should conduct evasion searches with caution: Parl panel

"The committee are of the view that while stepping up enforcement action against wilful or chronic evaders, honest taxpayers should not be alienated," the report said

Harley-Davidson quarterly profit skids, outlook revised on production halt

Net profit fell to $178 million, or $1.22 per share, in the quarter, from $215.9 million, or $1.46 per share, a year earlier

Blue Dart Express reports over 48.4% decline in Q1 profit to Rs 62.81 cr

Aviation turbine fuel, which accounts for about 40% of operating costs for express logistics companies, corrected sequentially during the June-quarter

Top shareholders of drugmaker Cipla looking to sell stake: Report

The company has hired an investment bank to advise on the deal, the report said

McDonald's India franchisee Westlife's profit misses as costs mount

The franchisee for the US fast-food chain said consolidated net profit after tax rose to 288.3 million rupees ($3.52 million) for the quarter through June from Rs 23.58 crore a year earlier

BPCL still in talks with Rosneft for Russian oil deal, discounts narrow

Reuters last month reported that BPCL is in talks to buy up to 6 million metric tons of Russian oil under a term deal with Rosneft

India's attempt to privatise part of space programme, finds 20 bidders

India's Small Satellite Launch Vehicle (SSLV) was developed by the Indian Space Research Organisation, the national space agency, and had its first successful satellite launch in February

President Bazoum's government has been removed, say Niger soldiers

Abdramane said Niger's borders are closed, a nationwide curfew declared, and all institutions of the republic are suspended

Obscure traders ship half of Russia's oil to India, China after sanctions

The new owner of the 100,000 tonnes of Urals crude carried on the Leopard I was a similarly low-profile outfit, Guron Trading, also based in Hong Kong, according two trading sources

Foxconn unit in talks for $200 mn components plant in Tamil Nadu: Reports

Brand Cheng, CEO of Foxconn Industrial Internet (FII), and other company representatives last week met Tamil Nadu officials including its chief minister to discuss investments in the state

Fed hikes rates to highest level in 16 years at 5.25%-5.5% citing inflation

The rate hike, the Fed's 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25%-5.50% range, and the accompanying policy statement left the door open to another increase

Hyundai, Rolls-Royce profit increases; LVMH sales fail to impress

Boeing flipped to a $149 million loss in the second quarter despite higher revenue, as the plane maker struggled with higher costs in both its airline and defense business

Hilton beats Wall Street Q2 estimates on rebounding travel demand

The company's revenue per available room, or RevPAR, an important metric in the hospitality industry, rose about 12% in the quarter from a year earlier

FTC readies antitrust lawsuit against Amazon that could break up company

The wide-ranging lawsuit is expected as soon as August and will likely challenge a host of Amazon's business practices, the report said