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China opens new air routes with flight paths situated very close to Taiwan

The democratically elected government of Taiwan rejects China's sovereignty claims and says only the island's people can decide their future

Asian Stocks sink, oil surges on reports of escalating Middle East conflict

Gold jumped 1.6 per cent to $2,414.69, heading back toward last week's all-time high at $2,431.29

Tata Motors plans Jaguar Land Rover EV imports to India under new policy

Tesla is also expected to start importing its cars to India and make an investment in the country

L'Oreal Q1 sales beats expectations, grows 9.4% on strong market demand

The French cosmetics giant, which owns the Maybelline and Lancome brands, reported sales of 11.24 billion euros ($11.98 billion) for the first three months to the end of March

IMF revises down West Asia growth outlook on war, trade disruptions

The downward revision was driven by conflicts in Sudan, the West Bank and Gaza, as well as oil production cuts by Gulf countries weighing on activity

Tata Motors to use new $1 bn TN plant to make Jaguar Land Rover cars

Tata Motors announced plans to invest in a new plant in Tamil Nadu in March but did not give details on which models would be manufactured there

Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi

The Elon Musk-led company's shares fell 2.7% to $151.26 after the brokerage downgraded the stock to 'Hold' and cut its price target to $123 from $189

Microsoft's OpenAI partnership could face EU antitrust probe: Report

The people said the European Union antitrust regulator had decided not to investigate the partnership under EU merger rules, but that Microsoft could still face an antitrust investigation

US, Israel to hold virtual meeting Thu on Rafah, NSA Sullivan to lead talks

Washington is trying to dissuade the Israelis from retaliatory strikes to avoid inflaming an already tense situation, a second U.S. official said

Donald Trump's hush money criminal trial loses two jurors, five remain

Trump has pleaded not guilty to 34 counts of falsifying business records and denies any such encounter with Daniels, whose real name is Stephanie Clifford

Bajaj Auto aims to make 10,000 Triumph units a month by September: CFO

Triumph accounted for 2.1% of Bajaj Auto's total two-wheeler sales in the fourth quarter. Its overall two-wheeler sales rose about 26% in the quarter year-on-year

US weekly unemployment claims remain unchanged at low level of 212,000

The U.S. central bank has kept its policy rate in the 5.25%-5.50% range since July. It has raised the benchmark overnight interest rate by 525 basis points since March of 2022

India's FY24 pulses imports hit 6-year high as red lentil purchases jump

India imported 4.65 million metric tons of pulses in the year ended March 31, 2024, the highest since fiscal 2018, and up from 2.53 million tons imported a year ago

Blackstone reports 1% rise in 1st-quarter earnings on growth in fee income

Blackstone raised $34 billion of new capital, while unspent capital reached $191.2 billion. It declared a quarterly dividend of 83 cents per share

Sales of first electric car 'SU7' 3-5 times higher than expected: Xiaomi

Lei, Xiaomi's founder, made the comments during a two-hour livestream on Douyin, the Chinese equivalent of TikTok, that garnered over 34 million viewers

G7 foreign ministers seek urgent defence support for desperate Ukraine

G7 ministers kicked off a second day of talks on the Italian island of Capri by discussing the Middle East crisis and will turn their attention to Ukraine in the afternoon

Vestager defends EU merger rules, says competition creates strong cos

Telecoms companies have been the biggest proponents of looser merger rules as they look to consolidate to boost revenues and market power amid costly investments to roll out 5G and broadband

LS polls: Election officials climb hills, ford rivers to reach voters

The Election Commission has to set up more than 1 million polling stations for the nearly two-month duration, with 15 million officials and security personnel fanning out for the task

Prioritising quality, safety of Boeing products over production: Alaska Air

The Boeing situation is rippling through the industry, compelling airlines to adjust their fleet plans at a time travel demand is projected to hit record levels

Huawei starts sales of Pura 70 smartphone in China amid chips scrutiny

U.S administration began a review of the chip earlier this year and said last month that SMIC might have violated U.S export rules