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Big four accounting firm PwC to lay off about 1,500 employees in US

The workforce reduction equates to approximately 2 per cent of our US firm, the spokesperson said

Trump's tariff order on foreign movies leaves film industry flummoxed

Slapping levies on an industry like film would mark a major extension of tariffs as a policy tool into services, for which the US runs a sizable trade surplus

US seeks to weaken global development finance efforts, shows UN document

With ongoing changes at the World Bank and International Monetary Fund in the fight against climate change already facing pushback from U.S. Treasury Secretary Scott Bessent

Berkshire board names Greg Abel as CEO, Buffett to remain chair: Report

Abel and most of Berkshire's board of directors were not aware of his plans prior to the announcement

Trump orders 100% tariff on foreign-made movies to save 'dying' Hollywood

All major media companies, including Walt Disney, Netflix and Universal Pictures, film overseas in countries such as Canada and Britain

Wall Street opens lower after Trump's fresh tariffs; Fed meet on tap May 5

Focus remained on the Fed's monetary policy decision later this week

R R Kabel sees volume surge by 2026 as US tariffs present 'opportunity'

R R Kabel expects volumes to grow between 16% and 18%, finance chief Rajesh Jain told Reuters, partly bolstered by U.S. tariff policy that affects Indian exporters less severely than Chinese rivals

Russian rouble strengthens vs US dollar, Chinese yuan in thin holiday trade

At 1140 GMT, the rouble was up 2% at 81.1 against the U.S. dollar, LSEG data based on over-the-counter quotes showed

Crude oil prices drop as OPEC+ accelerates output hikes, surplus looms

Brent crude futures dropped by 87 cents, or 1.42%, to $60.42 a barrel by 0946 GMT, while U.S. West Texas Intermediate crude was at $57.37 a barrel, down 92 cents, or 1.58%

Jubilant pulls ahead of KFC, McDonald's as Q4 earnings near: Analysts

Jubilant has already flagged a 12.1% increase in like-for-like sales in India in its quarterly update, which analysts say has benefited from its focus on online sales

India sees debut listing of residential mortgage-backed securities

The funds would be raised across seven to 10 transactions over the year, National Housing Bank Managing Director Sanjay Shukla said

Houthis announce campaign targeting Israeli airports as tensions rise

Most attacks from Yemen have been intercepted by Israel's missile defence systems, though a drone strike hit Tel Aviv last year

Global economy already the feeling drag from Donald Trump's tariffs

Big-name multinationals right down to niche e-commerce players last week cut sales targets, warned of job cuts and reviewed their business plans, while major economies revised down growth prospects

Centre starts work on hydro projects after suspending treaty with Pakistan

Last month, New Delhi suspended the 1960 Indus Waters Treaty between the nuclear-armed rivals that ensures supply to 80 per cent of Pakistani farms after Pahalgam attack

Apple to partner with Amazon-backed Anthropic on AI-based coding platform

The new AI coding system is an updated version of Apple's programming software, Xcode, and will integrate Anthropic's Claude Sonnet AI model

Over 15,000 USDA employees have taken Trump financial incentive to leave

President Donald Trump's administration has offered federal employees several months of pay and benefits if they opt to leave their jobs

Berkshire investors anticipate new era as Buffett hands over the baton

Following Buffett's surprise announcement on Saturday that he would step down as chief executive by the end of the year, Berkshire shareholders and fans said the Omaha

Won't remove Fed Chair Powell before term ends in 2026: US President Trump

Asked if he would remove Powell before his term as chair ends in 2026, Trump issued his most definitive denial

OPEC+ plans to further speed up crude oil output hikes despite weak demand

OPEC+ shocked the oil market in April by agreeing a faster-than-expected unwinding of cuts despite weak prices and demand

Jaguar Land Rover resumes car exports to US post Trump tariff pause: Report

The first shipments of JLR vehicles bound for the US for almost a month left Britain on Wednesday