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April fuel consumption rises by 6.1% year-on-year: Oil ministry data

Total consumption totalled 19.86 million metric tons (4.85 million barrels per day) in April, up from 18.71 million tons last year, data showed

Putin starts new six-year term as Russian Prez with challenge to West

Leading opposition figures are in prison or exile, and his best known critic, Alexei Navalny, died suddenly in an Arctic penal colony in February

Airbus delivers 61 aircraft in April up 13%, reaffirms A350F timeline

So far this year, the world's largest planemaker has sold 227 planes - or 222 after allowing for the conversions within the IAG airline group's order book

Nintendo set to announce Switch gaming console successor by March-end

The company has made incremental changes to its Switch devices, with sales of the OLED model growing year-on-year even as broader hardware sales continued their annual decline

Apple expected to show new iPads and possibly new chip at 'Let Loose' event

iPads, which currently come with Apple-designed chips that earlier appeared in the company's MacBook laptops, could get an upgrade with a new processor optimized for AI work

Kajaria Ceramics Q4 results: Net profit declines 5.2% to Rs 102 crore

Kajaria Ceramics, India's top tile-maker by market value, is the first among its peers to report results for the January-March quarter

Tesla's China manufactured electric vehicle sales decline 18% in April

The sharp slide contrasts with rising EV sales in the world's largest auto market, albeit at the slowest pace in a year in the first quarter, amid slowing demand and a ferocious price war

Japanese steelmaker JFE eyes overseas investments amid slower profit growth

In February, JFE announced an average increase in steel product sale prices of 10% from April to reflect rising raw material costs and global inflation

Israeli military seizes Rafah border crossing, steps up attacks on Gaza

The Israeli offensive took place as mediators struggled to secure a ceasefire agreement between Israel and its Hamas foes and as the conflict entered its 8th month

BP Q1 results: Net profit slides 40% to $2.7 billion, misses forecasts

The London-based company held its dividend at 7.27 cents per share and maintained the rate of its share buyback programme at $1.75 billion over the next three months, similar to the previous quarter

Saudi Aramco maintains $31 bn dividend despite lower net income in Q1

The Saudi government, which directly holds about 82.2 per cent of Aramco, relies heavily on the company's payouts, which also include royalties and taxes

Microsoft hit with Spanish startups' complaint over its cloud practices

The Spanish Startup Association, which represents more than 700 startups in Spain, cited a number of allegedly anti-competitive practices by Microsoft in recent years

More civilians will be killed in Rafah despite Israel's claims: Borrell

There are no safe zones in Gaza, EU's top diplomat Josep Borrell told journalists

Japan describes US President Biden's 'xenophobia' comment as regrettable

Last week Biden said "xenophobia" in economies from China to Japan and India was hobbling their growth, while arguing at a Washington fund-raising event that migration has been good for the US

Toyota Motors to get an earnings lift from hybrids as EV hype cools

As global demand for battery-powered EVs has slowed, Toyota has cashed in by selling more hybrids, which come with relatively higher margins than regular gasoline cars

Amazon to spend $9 bn over next 4 yrs to expand cloud infra in Singapore

AWS also announced a collaboration with the Singapore Government, public sector organisations, and enterprises to help accelerate the adoption of AI

Yen eases despite intervention threat, as RBA keeps interest rates steady

At the RBA's last meeting in mid-March, policymakers watered down their tightening bias, although Bullock declined to say whether policy has shifted to neutral

China's EV maker Nio strikes deal with larger rival BYD to source batteries

Nio currently buys most of its batteries from industry-leader CATL

UBS reports income of $1.8 bn; 1st profit since Credit Suisse takeover

The group's wealth management arm reported $27 billion in net new assets for the first quarter of the year, compared to $22 billion for the three months prior

Muthoot Finance planning to raise funds using dollar-denominated bonds

Muthoot Finance is aiming to issue benchmark-sized bonds, which means the issuance will be around $500 mn