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ArcelorMittal March quarter results: Core profit at $1.96 bn, tops forecast

Profit was primarily driven by improved results in North America, Brazil, Europe, India and from its joint ventures, offset by lower mining segment results, it said

Qualcomm stock jumps 10% as AI sparks rebound in Chinese smartphone market

"Chinese vendors who traditionally relied more on MediaTek, are going to start leveraging Qualcomm's high-end chips more as they push hard into the AI Agenda," said IDC analyst Nabila Popal

Ceat Q4 results: Net profit falls 18.8% to Rs 109 cr on higher rubber costs

Ceat, whose customers include automakers Maruti Suzuki and Mahindra & Mahindra, is the first Indian tyremaker to report results this quarter

Trade deficit narrows slightly to $69.4 billion in March, says US govt

Goods imports fell 1.6% to $263.8 billion. There were decreases in imports of motor vehicles and parts as well as industrial supplies and materials, which include crude oil

Ukraine war not likely to end anytime soon: Top US intelligence official

On China, considered by the United States as its main global rival, Haines said Chinese President Xi Jinping and his top leaders expect some future instability in relations with Washington

Opec+ producers could extend oil cuts, formal talks yet to start: Report

The OPEC+ group is currently cutting output by 5.86 million bpd, equal to about 5.7% of global demand

Moody's tops quarterly profit estimates on back of strong product demand

Moody's Investors Service revenue grew 35%, fueled by improved market conditions and opportunistic activity which drove strong issuance across multiple asset classes, said CFO Noemie Heuland

Mitsubishi CEO says weak yen hurting economy, poses risks to deals abroad

The yen has slid to 34-year lows this year as the Bank of Japan keeps interest rates low, causing investors to buy higher-yielding currencies

Huntington March quarter results: Revenue up 4.9% to $2.81 bn, beats views

Demand for submarines and aircraft carriers is surging, fueled by China's expanding naval footprint and high global tensions, benefiting shipbuilding giants such as Huntington Ingalls

Reliance Industries starts trading US oil setting Brent benchmark

It was Reliance's first time offering WTI in the window, Platts spokesperson Kathleen Tanzy told Reuters. A Reliance spokesperson did not immediately respond to a Reuters request for comment

Vodafone Idea in talks to avail loans worth $1.8 billion, says report

The company has reached out to state-run lenders State Bank of India (SBI), Bank of Baroda, Punjab National Bank and some privately-held banks, the report said

Lok Sabha polls 2024: Low turnout, apathy a worry for the BJP's campaign

The last major opinion poll had predicted that the BJP and its allies could win three-fourths of parliament's 543 seats at stake on the back of Modi's popularity

Air France, KLM, Brussels Airlines among carriers in EU greenwashing probe

It is unclear which other airlines are being investigated

RBI's forex intervention eases as conditions turn favourable for rupee

India's current account will wing to a surplus in the March quarter, economists said

LS polls: India equity options pricing in a no-surprises election verdict

At this time in 2019, the implied volatility was 28 per cent-30 per cent, suggesting an investor had to pay much more to protect against an unexpected outcome -- a BJP loss -- that year

India's government bond outflows in April not normal, say analysts

Barclays' Kotecha eyes $20-$25 billion, with upside risks as an attractive carry, stable currency, and a positive macro backdrop and fiscal picture make Indian bonds attractive

Shell beats expectations with $7.7 bn profit in Q1 on strong oil trading

Shell's chemicals and products divisions, which include refining and oil trading, registered a more than threefold rise in adjusted earnings from the previous quarter to $2.8 billion

ArcelorMittal Q1 earnings beat expectations; expects 3-4% steel demand

The Luxembourg-based company said its first quarter core profit (EBITDA) was $1.96 billion, higher than the average forecast in a company poll of $1.81 billion, but lower than a year before

Powell's reassuring tone may not be enough for inflation-spooked markets

Bond investors have been struggling for months, with the 10-year Treasury yield up 70 basis points year-to-date

China, Russia should clarify nuclear weapons are not controlled by AI: US

As part of normalising military communications, US and Chinese officials resumed nuclear weapons discussions in January, but formal arms control negotiations are not expected any time soon