Page 150 - Reuters%20/undefined

ArcelorMittal considers shifting European biz support activities to India

The steel industry in Europe is facing several major challenges which are threatening the future of steelmaking on the continent

EU, Canada, Mexico condemn Trump's move to hike steel and aluminium tariffs

Trump signed proclamations late on Monday raising the US tariff rate on aluminium to 25 per cent from his previous 10 per cent rate

Apple partners with Alibaba to bring AI features for iPhones in China

The development could clear months of uncertainty over Apple's AI strategy for China, where it has been losing market share to domestic rivals

Trump's tariffs have added 'a lot of cost, a lot of chaos': Ford CEO Farley

Businesses have warned of fallout from tariffs, with many manufacturing-heavy companies finding it difficult to plan next steps or determine if Trump will follow through on signaled policy moves

Vodafone Idea Q3 results: Net loss narrows marginally to Rs 6,609 crore

The company's consolidated loss after tax narrowed to Rs 6,609 crore ($762.20 million) in the quarter ended December 31, from Rs 6,986 crore a year earlier

US demand squeezes India's gold supply, leasing rates rise to record high

Higher leasing rates are driving up jewellery production costs in the world's second-largest gold consumer and could squeeze margins of jewellers such as Titan, Kalyan Jewellers

Shriram Finance eyes 20-fold growth over next 3 years in green portfolio

Green finance, which is financing of businesses that support environmentally friendly and sustainable projects, has struggled to pick up in India due to limited awareness, high transaction costs

India's thermal coal imports register drop for second straight year

Three of the traders expected imports to plunge by around 10% to about 155 million metric tons. Two of them expected a fall of 1-2%, while another trader forecast a 7-8% decline

US likely to increase coal exports to India due to trade war with China

'Three US cargoes that were supposed to go to China have landed in India and around 10 more cargoes are waiting,' Vasudev Pamnani, director at India's I-Energy Natural Resources, said

Govt aims to conduct polls by December in Bangladesh: Khaleda Zia's BNP

Khaleda's Bangladesh Nationalist Party (BNP) and rival Hasina's Awami League have governed Bangladesh for most of the past three decades

US sanctions should not hinder oil trade with India: Russian official

India became the top buyer of Russian sea-borne oil sold at a discount after Western nations imposed sanctions on Moscow and curtailed energy purchases in response to Russia's invasion of Ukraine

Europe to embrace AI on day 2 of Paris summit amid unclear global consensus

According to Macron, European Commission President Ursula von der Leyen will announce on Tuesday a new AI strategy for the bloc

Bangladesh seeks full power supply restoration from 1,600 MW Adani plant

The state-run Bangladesh Power Development Board (BPDB) said it had been paying $85 million a month to Adani to clear outstanding dues and has now told the company to resume supply

Space tech firm Digantara eyes $30 million revenue with US expansion

The Bengaluru-based startup plans to invest $10 million to $15 million over the next six to eight months to establish a spacecraft manufacturing and space optics production facility in Colorado

HPCL plans to raise Vizag oil refinery capacity by 20% to meet fuel demand

India is raising its crude processing capacity as the world's third-largest oil importer and consumer wants to be a major global refining hub while its fuel demand is expected to continue growing

US judge keeps block on Trump employees' buyout plan in place for now

The decision by US District Judge George O'Toole in Boston prevents Trump's administration from implementing the buyout plan for now, giving a temporary victory to labour unions

Trump says he has spoken to China's Xi after taking office, adds no details

Trump said last week he was in no hurry to speak to Xi to try to defuse a new trade war between the world's two largest economies

Hamas should free all hostages by Saturday or 'let hell break out': Trump

Trump expressed frustration with the condition of the last group of hostages freed by Hamas and by the announcement by the militant group that it would halt further releases

India in talks with US to buy combat vehicles, seal jet engine deal

Modi is preparing additional tariff cuts ahead of his meeting with Trump that could boost American exports to India and avoid a potential trade war, government officials said

Tesla robotaxis by June? Musk turns to Texas for hands-off regulation

Such comments often leave investors guessing what Tesla will actually deliver, and when, said Brian Mulberry, client portfolio manager at Zacks Investment Management, a Tesla investor