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Over 100 business leaders back UK's opposition Labour Party before polls

Rishi Sunak's governing Conservatives have typically been the party of big business but Labour's finance policy chief Rachel Reeves has spent years courting business owners

Reliance signs deal with Russia's Rosneft to buy oil in roubles: Report

A term deal with Rosneft also helps privately run Reliance to secure oil at discounted rates at a time when the OPEC+ group of oil producers is expected to extend voluntary supply cuts beyond June

OpenAI sets up safety committee led by CEO as it starts training new model

The committee will be responsible for making recommendations to the board on safety and security decisions for OpenAI's projects and operations

Amara Raja Q4 result: Net profit rises 62% to Rs 228 cr on strong demand

Revenue grew nearly 15% to Rs 2,797 crore, boosted by a 19% rise in the company's lead-acid batteries and allied products segment, which accounts for nearly all its revenue

China's BYD launches new hybrid vehicle tech with lower fuel consumption

Plug-in hybrids priced from 79,800 yuan ($11,011) have made up the bulk of BYD's sales in the past three years, with an accumulated 3.6 million such cars sold by the company

Hindalco Industries owned Novelis targets $12.6 bn valuation in US IPO

The U.S. IPO market has shown positive indications of a turnaround in 2024, after two sub par years, on hopes of rate cuts in the second half of the year and a soft landing for the economy

MedPlus Health Q4 results: Consolidated net profit up 25.6% at Rs 33.39 cr

MedPlus competes with Reliance-owned Netmeds and Apollo Pharmacies among other retail pharmacies in the Indian OTC drugs market

3M India Q4 results: PAT increases 27% to 173 cr, revenue up by 19%

Shares of the company, which makes everything from 'Scotch' tape and 'Post-it' notes to power tools and medical products, rose as much as 11.8% to 34,599 rupees, their highest in nearly four months

ABN Amro to buy German bank in biggest deal since 2008 financial crisis

The Dutch bank's deal comes as European lenders seek to diversify their revenues by bulking up in areas such as wealth management and private banking

Elon Musk's xAI raises $6 billion in funding, now valued at $24 billion

The funding round was backed by investors including Andreessen Horowitz and Sequoia Capital

Google, Amazon, Apple lobby group opposes India's antitrust proposal

Top US lobby group urges India to rethink, fears business hit

Foreigners boost India's corporate debt buying before bond index inclusion

Indian government bonds are set to be included in the JPMorgan Emerging Market local currency debt index from June 28

Israeli-Turkish trade on life support as relations strained over Gaza war

Turkey this month halted all bilateral trade with Israel until the war ends

Toyota showcases next-generation engines adaptable to different fuels

It displayed in-development 1.5 litre and 2.0 litre engines with significantly reduced volume and height versus current engines

Sony appoints Walt Disney executive Gaurav Banerjee as new India CEO

Banerjee has resigned from Disney's India unit where he was the head of content for its streaming service

Bank of Japan's underlying inflation measures all fall below 2% in April

The weighted median inflation rate, among the three indicators closely watched as a gauge on whether price rises are broadening

Space startup Agnikul calls off maiden rocket launch for fourth time

Launches of India's second privately built rocket, and first using a combination of gas and liquid fuel, had been aborted three times before because of technical issues

Here's how disruptions in the Red Sea are driving up carbon emissions

For companies struggling to account for "and lower" the climate-warming emissions associated with their businesses, these rerouted journeys add to the challenge

Automakers Toyota, Subaru, and Mazda commit to developing new engines

The announcement is the latest example that showcases Toyota's close ties with Subaru and Mazda

Sri Lanka holds rates to control inflation, foster economic stability

Incoming data suggests that headline inflation is likely to be below the targeted level of 5 per cent in the upcoming months