Page 103 - Reuters

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

Boeing CEO cancels Paris trip, GE postpones investor day after AI crash

Boeing CEO Kelly Ortberg said in a message to staff on Thursday evening that he and Boeing Commercial Airplanes boss Stephanie Pope had canceled plans to attend the Paris Airshow

RBI allows STRIPS trading for state government bonds to boost liquidity

STRIPS allow dealers to sell principal and interest payments independently, enhancing liquidity in the state government securities market by enabling distinct trading of these components

RBI skips 14-day main liquidity operation for third straight fortnight

Market participants had expected the RBI to conduct a 14-day variable rate repo auction on Friday on account of the upcoming tax outflows which are seen sucking out rupee funds from the banking system

BioNtech to buy CureVac in $1.25 billion share deal to boost cancer focus

CureVac about a year ago opted to focus on oncology when it agreed to sell its remaining influenza and COVID-19 vaccine development to its alliance partner, Britain's GSK

OneSource eyes weight-loss drug boost to order book

Global drugmakers, including generic drug manufacturers in India, are racing to develop their versions of blockbuster injectable obesity drugs from Denmark's Novo Nordisk and U.S.-based Eli Lilly

Boeing shares fall after Air India flight crashes near Ahmedabad airport

It was not immediately clear what caused the crash. Boeing did not immediately respond to a Reuters' request for comment

Nintendo sells more than 3.5 million units within four days of launch

Nintendo has claimed Switch 2 to be the company's fastest-selling gaming device to date, selling more than 3.5 million units in just four days since its launch

Warner Bros' credit rating downgraded to junk by Fitch on split-up

On Monday, the entertainment conglomerate announced plans to split into two publicly traded companies

Trump urges Fed to cut rates by 1% after May inflation data release

Donald Trump called the May Consumer Price Index a 'great' number and wrote on Truth Social that the "Fed should lower one full point

US-loaded ethane vessel heads to India after China export curbs

Around half of all US ethane exports head to China, where it is used by the petrochemical industry

India's rice stocks hit record high, wheat reserves strongest in 4 years

Record rice stocks will help the world's biggest exporter increase shipments, while an improvement in wheat inventories will help the federal government tame any price spikes later this year

RBI to use cash reserve ratio for liquidity, policy transmission: Report

The person aware of the Reserve Bank of India's thinking declined to be identified because they are not authorised to speak to the media. The RBI did not reply to an email seeking comment

Trump tariffs seen pushing up underlying US consumer prices in May

The Consumer Price Index report from the Labor Department on Wednesday could show the CPI less the volatile food and energy components rising by the most in four months

May 2025 was world's second-hottest on record, says EU climate agency

Global surface temperatures last month averaged 1.4 degrees Celsius higher than in the 1850-1900 pre-industrial period, when humans began burning fossil fuels, C3S said

US, China reach agreement to ease export curbs, keep tariff truce alive

US commerce secretary Lutnick said the London agreement would lift some recent US export restrictions but gave no details after talks ended

Maruti Suzuki cuts near-term EV production amid rare earths crisis

India's top carmaker, which said on Monday it had not seen any impact yet from the supply crisis, now plans to make about 8,200 e-Vitaras between April and September

Hyundai Motor has rare earths stockpile that could last about a year

Hyundai also significantly boosted its rare earths inventories during a recent period when China had slightly relaxed its export restrictions

Tencent Music to buy Chinese audio platform Ximalaya for $2.4 billion

The deal will give Tencent Music access to a diverse creator network that includes professional and user-generated content on topics spanning history, business and entertainment