Page 8 - Reuters

Stellantis takes $26.5 bn writedown in latest EV pullback, shares tank

Stellantis is particularly exposed because it leans heavily on high-margin Jeep and Ram pickup truck sales in the US, where demand for EVs is especially subdued

Nuclear talks with US a good start, says Iranian Foreign Minister

For Washington, carrying out enrichment - a possible pathway to nuclear bombs - inside Iran is a red line. Tehran has long denied any intent to weaponise nuclear fuel production

EU recommends service ban for Russian oil exports in new sanctions package

EU proposes full ban on maritime services for Russian oil exports, targeting Moscow's energy revenues and stepping up pressure to push Russia into peace talks

Big Tech's $600 billion spending plans exacerbate investors' AI headache

Investor worries grow as big tech plans $600 billion AI spending in 2026, sparking fears over profitability and triggering a sharp selloff in software and data analytics stocks

Banks to pay deposit insurance premiums under new system starting April 1

India will shift to risk-based deposit insurance premiums from April 1, replacing the decades-old flat fee system to reward banks with stronger risk management

EU charges TikTok over addictive design, asks it to change or face fines

EU charges TikTok over addictive design features under Digital Services Act, warns of fines up to 6% of ByteDance's global turnover

Pernod Ricard launches inquiry after raid on its warehouse in Rajasthan

Pernod Ricard launches internal probe after Rajasthan officials find Ballantine's labels on bottles of cheaper local liquor during a warehouse raid

Technical issues at depositories delays settlement of stock trades

Brokerages face continued trade settlement issues even as NSDL says systems are back to normal, leaving some investors unable to sell stocks

Rupee posts best rise in over three years after India-US trade deal boost

Rupee slips on dollar outflows but logs its strongest weekly gain in over three years after India-US trade deal lifts sentiment

Leading South Korean insurers explore entry into India's $130 bn market

Any deals resulting from the talks would mark the first time that Korean insurance firms have entered the Indian insurance sector

India gold premiums drops sharply; China demand up ahead of Lunar New Year

Domestic gold prices were trading around ₹150,000 per 10 grams on Friday, after hitting a record high of ₹180,779 last week before sliding to as low as ₹133,687 this week

FDA to act against companies selling 'illegal copycat drugs', chief says

Makary's comments came after online telehealth company Hims and Hers Health began offering a much cheaper $49 compounded version of Novo Nordisk's new Wegovy weight-loss pill

Trump gives his 'total endorsement' to Japan's Takaichi ahead of elections

Japan's first female PM, whose coalition is widely expected to win, according to opinion polls, is seeking a public mandate

India's forex stockpile rises to all-time high of $723.8 billion: RBI Guv

The stockpile rose from $709.4 billion, which was already an all-time high

Gold, silver extend losses amid global tech rout, firmer US dollar

In geopolitical news, the White House said that diplomacy is President Donald Trump's first ‍choice for dealing with Iran and he will wait to see whether a deal can be struck at high-stakes talks

Reliance sends 1st fuel to Europe since ban on Russian oil-derived products

The EU's ban on importing products produced from Russian crude is aimed at curbing oil revenues Moscow uses to fund the Ukraine war

Record discounts on Russian oil to China aim to lure demand as India wavers

Discounts for ESPO Blend, delivered from the Pacific port of Kozmino to China, widened to nearly $9 a barrel to ICE Brent this week, from $7-$8 in recent months

Experimental blood thinner cuts risk of stroke recurrence by 26%: Bayer

Positive Phase III results for asundexian boost CEO Bill Anderson's turnaround push as company seeks regulatory approval

Trump administration targets job protections of 50,000 federal employees

It is the biggest change to the rules governing the civil service in more than a century and targets employees that the administration sees as undermining the president's priorities

ECB keeps rates unchanged, plays down impact of dollar weakness on policy

Asked about the currency, Lagarde said the ECB was keeping a close eye on markets but ultimately concluded that no big change has taken place in recent months