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Premium insurance demand spikes as travel disruptions rise globally

Travelers are opting for premium insurance policies, seeking greater protection. With flight delays, cancellations, and unpredictable events on the rise, many are willing to pay more for peace of mind

ASICS to boost India sportswear production to 40% amid import restrictions

ASICS, which competes with global rivals including Nike, Adidas, and Skechers USA in India, plans to open three new franchise stores per month between now and the end of the year

Nissan plans to cut stake in Renault to 10%, looks to raise $640 mn: CEO

Nissan and Renault had said in March they had agreed to reduce their required minimum stake in each other to 10 per cent from 15 per cent

Renault CEO Luca de Meo quits, likely to become head of Gucci-owner Kering

De Meo's unexpected departure marks the second top-level exit from a European carmaker in six months, after Carlos Tavares resigned from Stellantis

G7 needs to raise pressure on Russia for ceasefire, says EC chief Leyen

With diplomacy at a standstill, the European Union is set to adopt a new sanctions package on Russia, but have so far failed to convince Trump - who has been reluctant to weigh on Putin

JLR trims FY26 margin forecast to 5%-7% as US tariffs cast shadow

JLR's EBIT margin forecast was also below its reported margin of 8.5 per cent for the previous fiscal year

China's home prices dip in May, extending two-year slump despite support

New home prices fell 0.2 per cent month-on-month in May after showing no growth the previous month

China's factory growth slows to 6-month low, retail sales give brief relief

Beijing last month rolled out a package of stimulus measures, including interest rate cuts and a major liquidity injection, aimed at shielding the economy from the hit from US tariffs

US-China trade truce likely leaves military-use rare earth issue unresolved

Beijing has not committed to grant export clearance for some specialised rare-earth magnets that US military suppliers need for fighter jets and missile systems

Amazon to invest $13 bn in Australia's data center infra over five years

The investment is Amazon's largest global technology commitment in Australia, with funding directed toward new server capacity and support for generative AI workloads

Elon Musk's X recovers partially after major outage hits users in US

Reports of disruptions had dropped to around 1,041 by 7:42 p.m. ET, down from a peak of more than 10,000, according to Downdetector

Israel strikes Iran for second night; Iran says 'gates of hell' will open

Israel said that Iran had launched around 100 drones towards Israeli territory on Friday, but Iran denied this and there were no reports of drones reaching Israeli targets

US gave regional allies heads up on Israel's planned attack on Iran: Report

In a diplomatic note sent out Thursday afternoon, the State Department confirmed that the Israeli attack was set to take place late on Thursday. Qatar was among the countries which received heads up

Sun Pharma appoints Kirti Ganorkar as MD after shareholders' approval

Gonarkar has been heading Sun Pharma's India business since 2019 and has previously held roles in marketing, new product introduction, among others, within the company

Air France-KLM CEO backs Boeing 787 after Air India crash in Ahmedabad

Speaking at the same event, Airbus CEO Guillaume Faury also expressed condolences to families of victims of the crash, the worst aviation disaster in a decade

Nabard gets approval to raise ₹19.5K cr via deep-discount zero-coupon bonds

Nabard can raise funds via these deep-discount zero-coupon bonds, which mature in 10 years, 11 months, and 13 days, until the end of March 2027, a government document showed on Friday

India moves to conserve rare earths, seeks halt to exports to Japan

In a recent meeting with auto and other industry executives, Indian Commerce Minister Piyush Goyal asked IREL to stop its exports of rare earths

UK's Pearson to raise India headcount by 43% as market becomes key focus

Pearson India operates in education and assessment markets, targeting school goers, students aspiring for colleges overseas and corporate professionals

Oil prices jump over 11% as Israel strikes Iran, rattling investors

US West Texas Intermediate crude was up $5.38, or 7.91 per cent, at $73.42 a barrel after hitting a high of $74.35, the loftiest since February 3

Ahmedabad airplane crash latest crisis for Boeing's new leadership

Boeing was deemed responsible for three high-profile accidents involving 737 MAX narrow-body planes in recent years, including two fatal crashes