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Boeing offers to buy 737 supplier Spirit AeroSystems for $35 per share

Spirit posted a net loss of $617 million and burned through $444 million in the first quarter, far more than analysts had expected

South Korea's SK Group considers asset sales, mergers as part of overhaul

The group, best known for its chip firm SK Hynix , has become bloated over the past decade and its electric vehicle battery unit has lost billions of dollars

VP Kamala Harris, democrats target Trump on abortion ruling anniversary

Kamala Harris called the plan to overturn Roe v Wade 'premeditated'

Ukraine set for symbolic start of EU membership talks, alongside Moldova

The two countries will have to navigate not just technical and legal obstacles to membership but also political hurdles

Airbus cuts key industrial, financial targets, takes hefty space charge

Yielding to growing scepticism among suppliers over its plans for jet output, Airbus lowered its widely watched forecast for deliveries this year to around 770 jets from around 800

Biden admin probes China Telecom, China Mobile over internet, cloud risks

The investigation is the latest effort by Washington to prevent Beijing from exploiting Chinese firms' access to US data to harm companies

Kotak Mahindra Bank to add up to 200 branches in FY25, says report

India's fourth-largest private lender will target the pockets where there is easy availability of deposits, the official said, adding that customer acquisition through branches is seeing good traction

EU adopts 14th package of sanctions against Russia, including LNG: Report

The new restrictions on gas aim to reduce Russia's revenues from liquefied natural gas (LNG) exports by banning trans-shipments - transferring cargoes from one ship to another - off EU ports

US prosecutors recommend DOJ criminally charge Boeing as deadline looms

The Justice Department must decide by July 7 whether to prosecute Boeing. The recommendation of prosecutors handling the case has not been previously reported

After Russia blames US, Pentagon says Ukraine makes own targeting decisions

The war in Ukraine has triggered the biggest confrontation between Russia and the West since the 1962 Cuban Missile Crisis

KKR seeks $20 billion for its new North America private equity fund

The New York-based firm, which had $578 billion in assets under management as of the end of March, is returning to a tougher fundraising market for buyout funds

Ukraine-Russia price war: India buys record amount of sunoil as rates fall

A leading buyer who declined to be named said sunoil was trading at a discount to soyoil and even palm oil, which was tempting Indian buyers especially given robust demand in southern states

Govt to auction 21 critical mineral blocks across more than six states

India has been auctioning critical mineral blocks since November as part of efforts towards a clean energy transition

India records current account surplus of 0.6% on higher service exports

In the year-ago period, the current account deficit stood at $1.3 billion or 0.2 per cent of GDP, and the same was $8.7 billion or 1 per cent of GDP in the preceding quarter ending December 2023

Fast fashion retailer Shein filed for London listing in early June: Report

The Chinese-founded company, was valued at $66 billion in a fundraising round last year

Govt cancels 14 critical mineral block auctions launched in second tranche

India, in February, had launched the second part of its critical minerals auction worth an estimated $362 billion, listing 18 critical mineral blocks across eight states

German business sentiment unexpectedly darkens in June: Ifo Institute

The Ifo institute said its business climate index declined to 88.6 in June from 89.3 in May, compared with a reading of 89.7 forecast by analysts

Bank of Japan's bond holdings effective in lowering yields, paper shows

The findings come ahead of the BOJ's scheduled announcement next month of a detailed plan on how to trim its massive bond purchases and reduce its nearly $5 trillion balance sheet

Apple's App Store rules violate EU's Digital Markets Act, say regulators

European Commission, which also acts as the EU antitrust and technology regulator, said it had sent its preliminary findings to Apple following an investigation

We are well positioned to capitalise on country's infra spending: Adani

The group, which has businesses across ports, power utilities, transmission and coal trading, is betting on India's infrastructure spending