Page 10 - Reuters

Brent rises 2% as US military strikes Iranian boats, missile launch sites

While both contracts fell during the overnight session on hopes of a peace deal, the US strikes in southern Iran and Israeli attacks on Hezbollah have boosted Brent prices

Ferrari bets on €500,000 EV Luce amid uncertain sports car demand

Former Apple designer Jony Ive's studio LoveFrom was involved in developing the Luce, which sources describe ‌as a large car with a look distinct from Ferrari's usual models

Heat, El Nino and Iran war batter Maharashtra's Alphonso mango trade

Maharashtra is renowned for its Alphonso mangoes, but officials say hotter weather has ruined this year's crop of the variety known as the 'King of Mangoes'

India turns to Latin America, Africa for crude oil amid West Asia crisis

In April and May, Indian refiners raised imports from Venezuela, Brazil, Angola and Nigeria to make up the shortfall, as well as continuing to buy Russian oil

Missile and drone strikes kill 8 in Russia, Ukraine amid escalation

The strikes follow one of the heaviest Russian bombardments of ‌Kyiv since the start of the four-year war, ​after Moscow vowed on Saturday to retaliate

Trump says US-Iran deal will be meaningful or there will be no deal

Iran and ​the United States have played down ​hopes for an imminent breakthrough in efforts to end ​their three old war on Monday

Hindalco sees steady Novelis earnings, strong domestic demand in 2027

Hindalco expects high double-digit growth in domestic aluminium ‌downstream business in FY27, driven by ramp-up at its new rolling facility, Aditya FRP, and expansion into higher-value products

Schneider Electric sees India data centre business outpacing core growth

India's ‌data center market is projected to reach $31.36 billion by 2035, growing at a compounded annual growth rate of 13.37 per cent, according to Astute Analytica

India turns net importer of finished steel in April amid rise in shipments

India imported 0.7 million tonnes of finished steel in April, overtaking exports as domestic consumption and inbound shipments increased sharply

Toshifumi Suzuki, father of Japan's convenience stores, dies at 93

Toshifumi Suzuki pioneered the use of data to tailor inventory and built a business model centred on ready-to-eat meals and rapid inventory turnover

Oil falls 6% to two-week low as US-Iran seen moving closer to peace deal

Brent crude futures fell $5.85, or 5.7 per cent, to $97.69 ‌a barrel by 0343 GMT, while US West Texas Intermediate were at $90.85 a barrel, down $5.75, or 6 per cent

RBI will do 'whatever is required' to ensure orderly forex market: Guv

Malhotra said the rupee currently appears undervalued following a sharp depreciation of around 6 per cent since the West Asia war erupted on February 28

Taiwan, Chinese coast guards in maritime standoff at South China Sea

Taiwan and Chinese coast guards exchanged warnings near the Pratas Islands amid rising tensions in the South China Sea

Russia strikes Kyiv with massive missile and drone attack, killing one

Explosions reverberated through the city shortly after 1 a.m. (2200 GMT Saturday), shortly after Ukraine's air force had warned on its Telegram channel that Russia might launch an intermediate missile

Donald Trump says no rush for any deal with Iran, US blockade stays

'Both sides must take their time,' says Trump

US-Iran deal may reopen Hormuz during 60-day ceasefire extension: Report

According to the Axios report, during the 60-day period, the Strait of Hormuz would be open with no tolls and Iran would agree to clear the mines it deployed in the strait to let ships pass freely

Trump says Iran deal 'largely negotiated,' including reopening of Hormuz

"Final aspects and details of the Deal are currently being discussed, and will be announced shortly," Trump wrote on Truth Social

China's DeepSeek makes permanent 75% cut in V4-Pro AI model prices

DeepSeek did not disclose ​whether the permanent price cut was due to increased ​supply of Huawei's Ascend 950 chips, which it used to maximize V4's performance

Tulsi Gabbard resigns as Trump's top US intelligence official: Report

Gabbard advised Trump of her intention to step down during an Oval Office meeting on Friday, the news outlet reported. The resignation is effective June 30, it said

Sensex and Nifty end week in green amid US-Iran peace 'progress'

Sensex and Nifty ended higher for the week as IT stocks rebounded amid hopes of easing West Asia tensions and improving global sentiment