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Refiners cancel palm oil orders for 100k metric tonnes due to price surge

The Indian cancellations could limit the rally in Malaysian palm oil prices, although they could also support soyoil prices as some refiners shift to soyoil

Trump can continue mass firings despite disruption and chaos: US judge

Unions are instead likely required to file complaints with the Federal Labor Relations Authority, which hears disputes between federal agencies and unions that represent their workers, the judge said

We see no need for special deal to avoid US tariffs, says BMW executive

BMW's plant in South Carolina is its biggest worldwide by output and a major exporter to markets including China, Germany, and Britain

Asian shares get China boost, gold heads for eighth straight weekly gain

Chinese stocks have been on a tear in recent days, driven by DeepSeek's AI breakthrough

US DOJ to drop case accusing SpaceX of discrimination against immigrants

Justice Department last month signaled it could back away from the case, brought during Democratic President Joe Biden's term

Airbus expects jet deliveries to increase 7% to around 820 in 2025

Guillaume Faury, the CEO of Airbus said he would be happy if space merger talks with Thales and Leonardo led to a venture like the MBDA European missile project

Amazon's MGM Studios gains creative control over 'James Bond' franchise

The move clears uncertainty over one of Hollywood's most popular movie series after a December report in the Wall Street Journal said that relations between Broccoli and Amazon had strained

US IRS announces to fire 6,000 employees as Prez Trump slashes govt

The cuts are part of President Donald Trump's radical downsizing effort that has targeted bank regulators, forest workers, rocket scientists and tens of thousands of other government employees

US regulators 'need to be tougher on Boeing', says Trump's nominee

Last month, Transportation Secretary Sean Duffy told Congress that Boeing needed "tough love" and he would keep in place a cap on production of Boeing 737 MAX planes

RBI weighs some relief for New India Co-op Bank depositors: Report

The RBI, along with the lender's administrator, will require depositors to prove the emergency, one of the sources said

US weekly unemployment claims rise marginally to 219,000: Labour dept

Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 219,000 for the week ended February 15, the Labor Department said

Alibaba plans major AI investment as revenues rebound in third quarter

The company's revenue was 280.15 billion yuan ($38.58 billion) for the three months ended December 31, compared with 279.34 billion yuan expected by 17 analysts polled by LSEG

Equity markets' pain to worsen as economy, corporate profits slow

The slide was triggered by a sharp slowdown in profit growth in India's top companies

US refuses to co-sponsor UN motion backing Ukraine territorial integrity

The step appears to mirror a widening rift between Ukrainian President Volodymyr Zelenskyy and US President Donald Trump

Quantum computing stocks rise as Microsoft's new chip heats up tech debate

Microsoft unveiled its Majorana 1 chip on Wednesday and said it is less prone to errors than rivals, while providing evidence in a scientific paper set to be published in academic journal Nature

Walmart forecast profit, sales below Wall Street estimates, shares fall

The company forecast adjusted earnings per share for the fiscal year ending January 2026 in the range of $2.50 to $2.60, below analysts' expectations of $2.76

US State Dept revises web page on China to focus on trade, business curbs

The February 13 changes underscore the new administration's focus on trade and other priorities

Yen surges, dollar weakens, Wall Street off the pace as Trump trades turn

The dollar was weakened by Federal Reserve policymakers discussing slowing or pausing the drawdown of its bloated balance sheet

Indian drugmakers bank on bilateral talks for relief from US tariffs

India, which calls itself the 'pharmacy of the world', makes cheaper generic versions of complex innovative drugs in its massive factory clusters and exports them to over 200 countries

Mercedes-Benz cuts costs, renews focus on combustion engine models

The German luxury carmaker will release 19 new combustion engine models and 17 battery-electric cars by the end of 2027