Page 12 - Reuters

Asian stocks rise as oil prices fall on hopes for Hormuz reopening

Investors awaited Nvidia's second-quarter earnings later in the day, with the focus on whether the massive AI spending boom is sustainable and can turn profits that will satisfy markets

Oil prices fall 2% after Iran-Oman resume talks to reopen Strait of Hormuz

Brent crude futures fell $1.78, or 2.0%, to $86.80 a barrel by 0027 GMT, while US West ‌Texas Intermediate crude futures were down $1.49, or 1.8%, at $80.87

CCI probes fragrance giants Givaudan, Firmenich, IFF over price collusion

The latest case relates ​to alleged price collusion since 2024 and follows an ongoing investigation into accusations that the companies struck labour anti-poaching deals

Grammy winner and queen of country music Dolly Parton dies at 80

With classic songs including "Coat of Many Colors," "Jolene" and "I Will Always Love You," she became one of the best-selling female artists of all time, with over 100 million records sold.

AI founders who walked away from Bezos' Prometheus to model the universe

While ​systems like ChatGPT were created to let them predict ​the right next word in a sentence when talking to users, this alternative AI has learned to predict physical phenomena in space and time

China robot maker Unitree's post-listing slump sparks bubble fears

Unitree shares steadied on Tuesday after three consecutive days of decline that took their losses to 45% since their debut last Wednesday.

Canada slaps retaliatory tariffs on US goods worth $20 bn amid trade war

US President Donald Trump's new 50% tariffs on $20 billion of Canadian imports took effect on Saturday after talks between the two countries ​collapsed.

Trump says Strait of Hormuz has been demined, warns Iran not to plant more

In ​a post on Truth Social, Trump said the United States, through its Space Force, was watching "every square inch" of the Strait, a ​key waterway in the global energy ‌supply chain.

Bangladesh could consider joining Mecca pact, in test for foreign ties

"If there is a security arrangement among ‌Islamic nations in the Middle East, it is not unusual for us to ​consider participating. It is being viewed positively," said B'desh junior foreign minister

India IT body urges US to weigh H-1B benefits as Trump proposes hefty fee

India's tech industry body Nasscom urged the U.S. to weigh the H-1B programme's role ​in addressing skill shortages after the Trump ​administration proposed a more than $100,000 fee for new visas

India's sugar mills, refiners seen importing just half of duty-free quota

The world's biggest sugar consumer last week ‌allowed duty-free imports until October 31 to ease record-high prices ahead of the festival season, when demand for traditional sweets typically peaks.

Air India seeks $1.5 bn from owners Tata, Singapore Air as losses mount

The carrier and its budget unit Air India Express posted combined losses of $2.33 billion in the fiscal year ended March, more than double the prior year's losses

US state launches probe into OpenAI after AI agent hacks Hugging Face

Last week, IPO-bound OpenAI said it would slow the pace of model development while overhauling its ‌research and training systems

Axis Bank bets on data centres, gold loans to outpace credit growth

Data centres, renewable energy and urbanisation are driving corporate credit demand, while gold loans and borrowers from smaller cities are fuelling retail growth, its ​chief executive said

India wanted warning labels on chip packets, soda but big food fought back

India's push for clearer nutritional warnings has faced resistance from food giants, even as similar companies use prominent labels in overseas markets

Oil steady as investors weigh impact of expanded US sanctions against Iran

Brent ​crude futures were down 9 cents, or 0.1%, at $92.16 by 0104 GMT, ​while US West Texas Intermediate crude was up 1 cent at $85.02 a barrel

Asian shares slip as tech stocks weigh ahead of key Nvidia results

The tech sector is holding its breath for Nvidia's results ‌on Wednesday; investors are aware how hard it will be for the chipmaker to meet lofty expectations

India's economic growth likely slowed to 7.1% in April-June quarter: Poll

Risks to the outlook for Asia's third-largest economy, which imports more than 85 per cent of its oil, have increased as crude prices are above $90 a barrel and may climb higher

Iran vows retaliation as US expands sanctions, threatens economic lifeline

US Treasury Secy Scott Bessent unveiled measures but stopped short of the most punishing sanctions, saying countries that continued trading with Iran risked being forced out of dollar system

Zelenskiy says Russia is 'not ready' for ceasefire on grain ships

Moscow and Kyiv, major players in global agriculture markets, have accused each other of intensified attacks on vessels used for food exports ‌during Russia's war in Ukraine.