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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

French turn out in force for parliamentary election, far right seeks power

In the outgoing parliament, French President Macron's alliance had only 250 seats and he required support from other parties to pass laws

Indian pharma firms seek govt tax reliefs, incentives to spur innovation

The upcoming budget would be Modi's first major policy announcement in his third term as prime minister

As Prez Biden rejects calls to step aside, fellow Democrats face dilemma

Biden faces an uprising within his own party to end his campaign run after the shaky and halting debate performance against Trump on June 27

Foxconn Q2 revenue beats market forecast on high AI server demand

This year's third quarter is expected to see revenue grow both year-on-year and compared with the previous quarter, Foxconn said in a statement

PM Modi to focus on trade imbalance, Indian soldiers in talks with Putin

Modi will visit Russia on July 8-9 for talks with President Vladimir Putin as part of annual summits between New Delhi and Moscow, launched in 2000

Apple stalling launch of iOS game store in Europe, says Epic Games

"Apple's rejection is arbitrary, obstructive, and in violation of the DMA (Digital Markets Act), and we've shared our concerns with the European Commission," it said

Have arranged $250 million to settle Zambian copper mine debts: Vedanta

The miner owned by Indian billionaire Anil Agarwal will about the $250 million it needs to pay small creditors in Zambia on or around July 8, it said in a statement.

ICC prosecutor Karim Khan opted for arrest warrants over visit to Gaza

A U.N. official, speaking on condition of anonymity, confirmed that initial discussions had taken place regarding a visit to Gaza by Khan, covering security and transportation

Late disclosure of large stake in Twitter was mistake, says Elon Musk

The investors said this let Musk buy more shares at cheap prices, saving more than $200 million. Twitter, now known as X, rose 27% on April 4, 2022 after Musk revealed his 9.2% stake

Amid big UK election win, Labour Party loses 4 seats to pro-Gaza candidates

Labour party, which has long counted on the backing of Muslim and other minority groups, saw its vote fall on average by 10 points in seats where more than 10 per cent of population identify as Muslim

FMCG manufacturers say Q1 sales growth picks up as demand improves

Volume trends from key consumer goods companies, which sell everything from hair and cooking oils to oats, are seen as an important indicator of consumption patterns in the country

BJP's key allies JD(U), TDP demand nearly $6 bn for their states: Report

In addition, both states have asked the federal government to nearly double unconditional long-term loans offered by the government to all states for infrastructure

Job growth moderates in June; unemployment rises to 4.1%: US Labor dept

Nonfarm payrolls increased by 206,000 jobs last month, the Labor Department's Bureau of Labor Statistics said in its closely watched employment report on Friday

Visa, Mastercard to extend non-EU tourist card fee caps to 2029, says EU

Visa, the world's largest payments network operator, and its closest rival Mastercard, in 2019 agreed to a 0.2% fee cap on non-EU debit card payments

Hurricane Beryl makes landfall in Mexico's top tourist destinations

Hurricane Beryl, the first of the 2024 Atlantic season, was at one point a Category 5 storm, making it the earliest Category 5 storm on record

PM Modi to seek early release of Indians from Russian army in Moscow talks

At least four Indian nationals have been killed in the war so far, prompting Modi's government to call for an immediate stop to such recruitment and quick release of Indians fighting in the army

Oil prices on track for fourth straight week of gains as demand rises

With the U.S. market shut on Thursday for the Independence Day holiday, trading was thin and there was no settlement for WTI, but prices have risen this week on strong summer demand expectations in US

Chinese AI firms showcase resilience at AI event despite US sanctions

More than 150 AI-related products and solutions are being exhibited at the conference, with a small number of foreign firms such as Tesla and Qualcomm joining the predominantly Chinese line-up

World leaders congratulate Starmer after Labour's victory in UK election

We will continue the work begun with the UK for our bilateral cooperation, for peace and security in Europe, for the climate and for AI, said French President while congratulating Keir Starmer