Page 104 - Reuters/14

Larsen & Toubro mulls another ESG bond issue after debut attracts premium

In the debut bond sale under India's newly-introduced ESG debt securities framework, L&T on Wednesday raised ₹500 crore ($58 million) through three-year notes at a coupon of 6.35 per cent

Clean industry projects worth $89 bn stall amid financing woes: Report

India has 41 clean industry projects spanning green ammonia, hydrogen production and sustainable aviation fuels, yet faces challenges in converting announcements into operational facilities

China talks up digital yuan in push for multi-polar currency system

China will establish an international operation centre for e-CNY in Shanghai, People's Bank of China Governor Pan Gongsheng said

Nippon steel acquires US steel for $14.9 bn with Trump-backed deal

Under the deal terms, Nippon bought 100% of US Steel shares at $55 per share, as it first laid out in its December 2023 offer for the well-known but struggling steelmaker

Nestle to name ex-Zara chief Pablo Isla as next chairman in April 2026

Bulcke, a 70-year-old Belgian and Swiss national who has been chairman of the board since April 2017, joined Nestle in 1979 and served as the company's CEO from 2008 to 2016

US set to drop daily alcohol limit from dietary guidelines: Report

The updated Dietary Guidelines for Americans, which could be released as early as this month, are expected to include a brief statement encouraging Americans to drink in moderation

Texas Instruments to invest $60 billion in US chip plants expansion

funds will be used to build or expand seven chip-making facilities in Texas as well as Utah, and will create 60,000 jobs, TI said on Wednesday

US Supreme Court upholds Tennessee law banning youth transgender care

The court, in a 6-3 ruling powered by its conservative justices, decided that the ban does not violate the US

Chinese nationals flee Iran by land as Israel conflict escalates

China started evacuating its citizens from Tehran to Turkmenistan by bus on Tuesday, a distance of 1,150 km, state-run China News Service reported Wednesday

AirAsia seeks jets for growth but restructuring first priority: CEO

Fernandes said he is still in discussions with China's COMAC about a potential order for its C919 narrowbody aircraft

VietJet signs agreement with Airbus to purchase up to 150 aircraft

A deal for 150 A321neos could be worth around $9.4 billion, according to estimated prices provided by Cirium Ascend

Ukraine's Zelenskyy seeks G7 support as Trump's early exit dampens summit

The G7 group of wealthy nations has struggled to find unity over conflicts in Ukraine and the Middle East as Trump has expressed support for Russian President Vladimir Putin

EU plans legally binding ban on Russian gas imports by end of 2027

The proposals set out how the European Union plans to fix into law its vow to end decades-old energy relations with Europe's former top gas supplier, made after Moscow's 2022 invasion of Ukraine

Unilever proposes Peter ter Kulve as CEO of listed ice cream unit

TMICC is home to six of the world's top 10 ice cream brands, including Ben & Jerry's, Cornetto and Wall's, and generated turnover of 8.3 billion euros ($9.59 billion) in 2024

Surgery Partners declines Bain Capital bid, stays publicly listed company

Surgery Partners' shares fell more than 13% to $20.10 in premarket trading

Eli Lilly to acquire gene-editing firm Verve Therapeutics for $1.3 billion

Lilly has struck multiple partnership deals with gene-editing companies in the last two years to expand its portfolio beyond its blockbuster weight-loss and diabetes drugs

DGCA seeks Air India pilots' training data, crashed plane dispatcher info

The Directorate General of Civil Aviation also asked all flying schools to conduct training compliance checks, according to the confidential memos, seen by Reuters

Renault's CEO search includes insider Le Vot, Stellantis' Picat: Analysts

Renault shares fell as much as 8 per cent on Monday, their biggest one-day percentage drop since February 2022, as investors worried about the company's future without de Meo at the helm

G7 shows support for Israel, calls Iran 'source of instability' in Mideast

'We urge that the resolution of the Iranian crisis leads to a broader de-escalation of hostilities in the Middle East, including a ceasefire in Gaza,' the G7 statement said

Iran urges Trump to make Israel halt war; Netanyahu hails 'path to victory'

Israeli forces stepped up their bombardment of Iranian cities, while Iran proved capable of piercing Israeli air defences with one of its most successful volleys yet of retaliatory missile strikes