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Global coffee trade grinding to halt, hit hard by sharp price hikes

The coffee price hikes have stemmed from lower production in important coffee growing regions, particularly in top grower Brazil

China sees decline in private jets as new Asian wealth hubs emerge

At the end of last year there were a third fewer private jets based in mainland China, Hong Kong and Macau than the 2017 peak of 481 planes

Toyota launches its cheapest smart EV in China in bid to boost market share

Toyota and its Chinese partner, state-owned Guangzhou Automobile Group (GAC), had first unveiled the car at an autoshow in Beijing last year

Who could be the next Nissan CEO after Makoto Uchida? Check names here

If Uchida does exit, his replacement would become the fourth person to lead the carmaker in a little under six years, reflecting a sign of the management turmoil that has plagued Nissan

Indian firms ramp up long-term FX hedges on rupee swings, cheaper costs

The rise in hedging longer-tenor exposures follows a pickup in shorter duration hedges

Major powers should not bully the weak, says China foreign minister Wang Yi

In one of the first answers of the press conference, Wang said China-Russia relations are a "constant in a turbulent world, not a variable in geopolitical games"

Volkswagen may avoid 25% Trump tariff, but BMW and others face trade levy

Detroit's automakers lobbied for such an exemption for weeks, and praised Trump's announcement that they would receive temporary relief

Trump considers revoking legal status for 240,000 Ukrainians in US

Such a move would be a stunning reversal of the welcome Ukrainians received under President Joe Biden's administration and potentially put them on a fast-track to deportation

SpaceX's Starship explodes in space, again raining debris over Caribbean

SpaceX caught the first-stage booster back at the pad with giant mechanical arms, but engines on the spacecraft on top started shutting down as it streaked eastward

Judge orders Trump govt to pay nearly $2 bn in USAID, state dept debts

US District Judge Amir Ali ruled in favour of nonprofit groups and businesses that sued over the funding freeze

CIA fires unspecified number of new officers on performance issues

The firings under US President Donald Trump's new CIA director, John Ratcliffe, come as Trump presides over massive federal workforce reductions overseen by billionaire Elon Musk and his DOGE

Foreign selling in Indian stocks persists in Feb, but financials see relief

Foreign investors also offloaded $800 million worth of consumer stocks, while the auto and capital goods sectors saw outflows of $450 million and $500 million

US tariffs, if sustained, will impact the economies of Mexico, Canada: IMF

IMF spokesperson Julie Kozack said the IMF would release a more comprehensive assessment at the spring meetings of the IMF and World Bank in Washington in April

Putin says any peace deal on Ukraine must ensure Russia's security

Putin, asked by a mother of a fallen soldier if Russia would retreat, said that Russia did not intend to do that

Russia mocks Macron as 'Micron', warns France against nuclear threats

Russian officials and lawmakers accused Macron of rhetoric that could push the world closer to the abyss. Russian cartoons cast him as Napoleon Bonaparte riding towards defeat in Russia in 1812

US trade deficit hits record high in Jan on imports surge ahead of tariffs

The deterioration in the trade deficit and drop in consumer spending in January have raised the risk of a contraction in gross domestic product in the first quarter

ECB cuts rates, signals possible further easing amid economic uncertainty

Easing for the sixth time since June, the ECB lowered its deposit rate to 2.5 per cent in a nod to slowing inflation and faltering growth

Gold prices fall on profit-taking as US data, trade tensions loom

The spotlight is on Friday's non-farm payrolls report, which is expected to show a gain of 160,000 jobs for February, economists polled by Reuters said

US job cuts rise 245% in Feb on govt layoffs, exceeding last two recessions

Global outplacement firm Challenger, Gray & Christmas said on Thursday that planned job cuts vaulted 245 per cent to 172,017 last month, the highest level since July 2020

Donald Trump plans to revoke legal status of Ukrainians who fled to US

The move, expected as soon as April, would be a stunning reversal of the welcome Ukrainians received under President Joe Biden's administration