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Airlines keep avoiding West Asian airspace after US strikes on Iran

Missile and drone barrages in an expanding number of conflict zones globally represent a high risk to airline traffic

Iran's key nuclear sites 'totally obliterated' by airstrikes, says Trump

In his first speech after the US strikes on Iran, Trump warned that Iran faces "either peace or tragedy" and said many more targets remain within reach of the American military

Japan scraps US meeting after Washington demands more defence spending

Japan and other US allies have been engaged in difficult trade talks with the United States over President Trump's worldwide tariff offensive

Iran, Israel launch fresh attacks after Tehran rules out nuclear talks

Shortly after 2:30 a.m. in Israel (2330 GMT on Friday), the Israeli military warned of an incoming missile barrage from Iran, triggering air raid sirens across parts of central Israel

No OPEC+ action needed amid Iran-Israel conflict, says Putin on oil market

Oil prices have rallied as a week-old air war between Israel and Iran escalated and uncertainty about potential US involvement kept investors on edge

Fearing China rivals, Stellantis and Renault lobby EU for fewer rules

Over the last two months, Stellantis Chairman John Elkann and Renault CEO Luca de Meo have engaged in a rare public campaign to get the European Union to consider the matter

Global trading giants rush into India's booming derivatives market

The firms' hiring plans, being reported for the first time, come amid expectations that large domestic consumer and investor bases

HPCL to invest $231 million to build 24 compressed biogas plants in India

Since April, India has mandated mixing gas used to run automobiles and cooking gas with 1 per cent of CBG

HAL wins bid to privatise India's small satellite launch rockets

Fighter jet maker HAL had applied independently, Indian Space Research Organisation said in a statement on Friday

India's response to obesity drug Mounjaro 'positive', says Eli Lilly

Mounjaro has sold more than 81,570 units in India, totalling about ₹23.94 crore ($2.76 million) as of May, with the drug logging a 60 per cent rise in overall sales between April and May

Russia increases seaborne fuel oil exports to India, Turkey in May

Oil prices fell to four-year lows as an Opec+ decision to expedite its output hikes stoked fears about rising global supply at a time when the demand outlook is uncertain

Global trading giants expand in India, driving talent rush, upgrades

The influx of global trading firms has opened up opportunities for India's two main exchanges, which are both upgrading their tech infrastructure

World Bank urges 'radical' debt transparency to prevent future crises

World Bank wants to broaden the depth and detail of what sovereign countries disclose regarding new loans, as more of them enter complex, off-budget borrowing deals due to global market turmoil

Trump to decide on US action in Israel-Iran conflict within two weeks

Donald Trump was briefed on Israel's operation in Iran, said White House

Reserve Bank of India eases provisioning rules for infrastructure loans

The Reserve Bank of India proposed in May last year that lenders should set aside 5% of the loan value for an infrastructure project being built to cover risks

None of our systems compromised in M&S hack, other clients safe: TCS

This is the first time India's No 1 IT services company has publicly commented on the cyber hack. M&S did not immediately respond to a request for comment

Bank of England holds interest rates amid inflation and global risks

The FTSE 100 barely reacted, trading 0.2 per cent lower on the day, roughly where it had been prior to the BoE decision, while two-year gilt yields fell to session lows at 3.886 per cent

Apple mulls using artificial intelligence to design semiconductors: Report

The two biggest players in that industry - Cadence Design Systems and Synopsys - have been racing to add artificial intelligence to their offerings

US moves military assets, limits access to its largest base in Middle East

The moves come as President Donald Trump kept the world guessing whether the United States would join Israel's bombardment of Iran's nuclear and missile sites

Asian stocks slip, gold gains with yen as Middle East conflict rages

President Donald Trump kept the world guessing about whether the United States will join Israel's bombardment of Iranian nuclear sites, telling reporters outside the White House on Thursday