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Hurricane Beryl strikes Jamaica killing at least 10, causes destruction

Almost 500 Jamaicans were in shelters by Wednesday afternoon, PM Andrew Holness told reporters, urging people in high-risk areas to move

Lufthansa gets EU nod for $350 million stake in Italy's ITA Airways

ITA also offers key long-haul routes to Lufthansa, which has an option to take full ownership if the Italian airline's financial performance improves

Far-right majority can be avoided in polls, says French PM Gabriel Attal

Asked about calls for the creation of a temporary cross-party government if no grouping achieved a majority, Attal said he would not impose on voters "a coalition they did not choose"

Fed officials at last meeting saw price pressures in decline, minutes show

Data released on June 12 showed the CPI had not risen at all in May on a month-to-month basis

J&K lithium block fails to secure bids in 2nd attempt as well: Report

The government in February 2023 found its first lithium deposits in Jammu and Kashmir with estimated reserves of 5.9 million metric tons.

Govt directs utilities to procure $33 bn equipment for coal power boost

The unprecedented move by the government will help add 31 gigawatts (GW) in the next 5-6 years

Govt to hike rural housing subsidies to $6.5 bn after poll setback: Report

The planned hike in housing subsidies is part of a broader government initiative to boost spending on rural infrastructure

Labour officials visit Foxconn TN plant, question executives about hiring

A Reuters investigation last week found Foxconn systematically excluded married women from assembly jobs at its main Indian plant on grounds they have more family responsibilities than others

Bezos to sell Amazon shares worth about $5 bn after stock hits record high

After the sale plan, Bezos would own about 912 million Amazon shares, or 8.8 per cent of the outstanding stock

US weekly unemployment claims rise, pointing to labour market slowdown

Initial claims for state unemployment benefits rose 4,000 to a seasonally adjusted 238,000 for the week ended June 29, the Labor Department said on Wednesday

Vodafone, Virgin Media to continue network sharing amid competition woes

The $19 billion merger between Vodafone's UK operation and Hutchison's Three UK is the subject of a Competition and Markets Authority investigation

India-based crypto exchange CoinDCX acquires full stake in Dubai's BitOasis

The firms did not disclose the transaction value, but BitOasis said in a separate statement that CoinDCX, now owns the full share capital of the Dubai-based company

PwC names in-house executive as its new China head amid regulatory scrutiny

PwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of chairman of PwC China and Asia Pacific with effect from July 1

EU approves Sanofi's Dupixent injection to treat chronic lung disease

The EU Commission approved Dupixent to treat chronic obstructive pulmonary disease (COPD) in patients that cannot be helped by standard inhaled drugs

Frontrunners trade barbs on economy as UK poll campaign enters final day

Opinion polls show Starmer's Labour Party is set for a big win that would end 14 years of Conservative government

Hyundai Motor, LG Energy Solution launch Indonesia's 1st EV battery plant

The plant is part of a commitment by Hyundai Motor and LGES to invest up to $9.8 billion in Southeast Asia's largest economy to develop an EV supply chain

Indian govt bond yields marginally down as US peers come off highs

Investors continue to gauge the pace of foreign inflows into Indian government bonds over the next few days after an underwhelming response so far

Exports of Chinese rare earth metals to jump ahead of new regulations

China will also establish a information system to track circulation of rare earth products

Apple poised to get OpenAI board observer role as part of AI pact: Report

The move comes after Apple's announcement to bring OpenAI's ChaGPT to its devices and integrating its new "Apple Intelligence" technology across its suite of apps, including virtual assistant Siri

Asian stocks rise on expectations of rate cuts, yen stays near 38-year lows

The US is back on a disinflationary path, Powell said on Tuesday, although he cautioned that policymakers need more data