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FAA orders inspection of 2,600 Boeing 737s over oxygen mask issue

The FAA said it was requiring the inspections of 737 MAX and NG airplanes after multiple reports of passenger service unit oxygen generators shifting out of position

Paramount Global, Skydance Media merger agreement ends Redstone era

Skydance will subsequently merge with Paramount, offering $4.5 billion in cash or stock to shareholders and providing an additional $1.5 billion for Paramount's balance sheet

Gold prices take a breather after sharp rally fuelled by US jobs data

Spot gold fell 0.6% to $2,377.38 per ounce as of 10:34 a.m. ET (1434 GMT), after rising to its highest level since May 22 on Friday. U.S. gold futures slipped 0.5% to $2,385.20

How Boeing's plea deal could affect planemaker: All you need to know

The deal follows a DOJ finding in May that Boeing breached a 2021 agreement that had shielded it from prosecution

Bharat Petroleum, Vitol Asia among eight bidders for Sri Lanka LPG terminal

Litro holds the largest market share in Sri Lanka's duopoly LPG market that is mostly focused on domestic gas supplies

Fuel consumption up by 2.6% to 19.99 mn metric tonnes in June: Oil ministry

India is the world's third-biggest oil importer and consumer. The data is a proxy for the country's oil demand

India's employment provisionally grew at 6% in FY24, shows RBI data

The release of the data follows a Citibank report last week which said growth of close to 7 per cent will only create 8 million to 9 million jobs in India, short of the 11 million to 12 million needed

India likely to get coking coal from Mongolia on Trial basis in July

The supplies would come to India via Chinese ports, but Indian authorities do not think New Delhi should entirely rely on China for steady supplies of coking coal from Mongolia, the sources said

China's car sales slide in June, falling for third straight month

June sales of so-called new energy vehicles including pure electric vehicles and plug-in hybrids accounted for a record 48.1 per cent of domestic car sales

Tea prices soar as heatwaves, floods slash output in key producing regions

Production was also affected by the government's decision to ban 20 pesticides

Nato will require 35-50 extra brigades to realise its new defence plans

At a summit in Vilnius last year, Nato leaders agreed on the alliance's first major defence plans in more than three decades

Govt bond yields marginally lower as US jobs data boost rate cut hopes

U.S. yields declined on Friday after data showed nonfarm payrolls grew by a slightly higher-than-expected 206,000 jobs in June, but the count for April and May was revised lower by 111,000

S Korean prez to discuss Pyongyang's 'distinct threat' to Europe at Nato

Seoul would make a decision on weapons support for Ukraine based on how a new military pact between Moscow and Pyongyang plays out

Paramount's directors approve merger with Skydance ending Redstone era

The deal would elevate David Ellison, the 41-year-old tech scion who founded Skydance, as Hollywood's newest power broker

China's central bank tweaks liquidity ops amid strong bond demand

China's 30-year government bond yield rose 2.5 basis points (bps) following the PBOC statement, while 10-year yields were up around two basis points

With French Parliament shifting to 'Left', risk of policy paralysis looms

The result delivered a stinging blow to President Emmanuel Macron and leaves the euro zone's second largest economy in limbo, heralding a period of political instability

2024 may be world's hottest year ever as June breaks records, says EU

Data suggest 2024 could outrank 2023 as the hottest year since records began after human-caused climate change and the El Nino natural weather phenomenon both pushed temperatures to record high

Asia shares inch higher as investors confident about US Fed's Sept rate cut

Oil prices gained on strong summer fuel demand and potential supply disruptions from Gulf of Mexico hurricanes

New British govt prioritising avoiding job cuts in Tata Steel talks

Tata, Britain's biggest steel producer, started closing one of its carbon-intensive blast furnaces on Thursday while the shutdown of its other one is slated for September

France's business elite braces for new era of political volatility

Far right and left-wing parties want to roll back some of Macron's reforms, ranging from raising the retirement age to scrapping a wealth tax on financial assets