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China files WTO dispute over Trump's tariffs, escalating trade tensions

In a statement cited by the WTO, China's government said the measures appeared to be inconsistent with U.S. obligations under the agreement that led to the creation of the trade body

Asian shares track Wall Street higher as treasury yields languish near lows

US Treasury yields were hovering near their lowest in over a month on Thursday, as investors pondered the outlook for rates in the world's largest economy

Year begins with warmest January despite shift towards cooling La Nina

January extended a run of extraordinary heat, in which 18 of the last 19 months saw an average global temperature of more than 1.5 degrees Celsius

New York Times forecasts lower subscription revenue on stiff competition

It expects subscription revenue growth of 7 per cent to 10 per cent in the current quarter, compared with analysts' estimate of 9.9 per cent, according to Visible Alpha

Tiktok China owner appears to be slow-rolling negotiations for sale: Report

China is likely to take a hard-line approach, letting TikTok's US operations die rather than approving a sale, as it holds out for a "grand deal" with Trump's administration

China considers probe into Apple's policies, App Store fees: Report

The development comes a day after China announced measures targeting US businesses including Google, farm equipment makers and the owner of fashion brand Calvin Klein

Will remain status-quo: Judge blocks Trump's birthright citizenship order

Boardman, an appointee of Trump's Democratic predecessor Joe Biden, issued a nationwide preliminary injunction blocking Trump's order from going into effect as planned on Feb. 19

US trade deficit widens sharply due to record high imports in Dec

The trade gap increased 24.7 per cent to $98.4 billion, the highest since March 2022, from a revised $78.9 billion in November, the Commerce Department's Bureau of Economic Analysis said

Wall Street indexes slip as Alphabet, AMD forecasts fan AI payoff concerns

Google-parent Alphabet dropped 8.3 per cent after posting downbeat cloud revenue growth and earmarking a higher-than-expected $75 billion for its AI buildout this year

Uber's lower Q1 bookings forecast, Q4 profit miss drag down shares

Its total revenue of $11.96 billion also surpassed analysts' average estimate of $11.77 billion

Iran willing to give Trump diplomacy 'another chance': Iranian official

In 2018, then-President Trump ditched Tehran's 2015 nuclear pact with world powers and reimposed sanctions that have crippled the country's economy

Kansai Nerolac Paints Q3FY25 results: Revenue flat at Rs 1,922 crore

The company's third-quarter consolidated revenue was at Rs 1,922 crore ($220 million) in the three months ending Dec. 31, little changed from a year earlier

Cummins India Q3 results: PAT climbs 12% to Rs 558 cr on steady demand

The company, a unit of US-based truck engine maker Cummins, said its profit climbed to Rs 558 crore (about $64 million) in the three months to Dec. 31 from Rs 499 crore a year earlier

Amazon's cloud business faces test after Microsoft, Google struggles

Amazon Web Services, the world's largest cloud services provider, is expected to post its strongest revenue increase in eight quarters at 19.3 per cent, according to data compiled by LSEG

Walt Disney beats estimates with help from 'Moana 2' box office collection

The strength in entertainment helped offset a decline at Disney's domestic theme parks, which were impacted by hurricanes Helene and Milton in Florida

Iran calls for Opec to unite against potential US crude sanctions

Iran's oil minister Mohsen Paknejad told Al Ghais that imposing unilateral sanctions on crude producers would destabilise energy markets

AMD's AI chip Q4 revenue miss knocks shares amid rivalry with Nvidia

The company's fourth-quarter data center revenue - a proxy for its AI performance - jumped 69 per cent to $3.9 billion, compared with the consensus estimate of $4.15 billion

Canada to host summit on boosting economy after Trump tariff threat

Trudeau said the one-day meeting would group leaders in trade, business, public policy, and organized labor to build what he called a long-term prosperity agenda

Sula Vineyards Q3 results: Net profit falls 35% to Rs 28.06 crore

Sula's consolidated net profit fell to Rs 28.06 crore ($3.2 million) in the quarter ending Dec. 31, from Rs 42.98 crore a year ago

Driven by US stockpiling, Canada posts first trade surplus in 10 months

The December trade surplus was at C$708 million ($496 million), compared with a revised deficit of C$986 million the prior month, helped by an 4.9 per cent growth in exports