Page 13 - Reuters

SC to rule on Tiger Global's 2018 deal with Walmart in landmark tax case

Tiger Global and Indian tax authorities have been locked in a legal tussle over its 2018 stake sale in Indian e-commerce company Flipkart to Walmart worth ₹14,440 crore ($1.6 billion)

US oil prices drop over $1 as Trump's comments reduce Iran supply fears

Trump said that he ‍had been told that killings in Iran's crackdown on ‍nationwide protests ‌were subsiding and ​he believed ‍there was currently no plan for ‍large-scale ‍executions

Iran temporarily shuts airspace amid tensions, forcing airlines to reroute

President Donald Trump has been weighing a response to the situation in Iran, which is seeing its biggest anti-government protests in years

US clears Nvidia's H200 chip sales to China, sparking security debate

According to the regulations, the chips will be reviewed by a third-party testing lab to confirm their technical AI capabilities before they can be shipped to China

Gold, silver extend record-breaking rallies as uncertainty persists

Spot silver was up 5.6 per cent to $91.797 per ounce, ‍after scaling a record high of $92.23

Oil rises for fifth day on Iran supply fears amid US attack threats

Tehran warned US allies in the Middle East it would strike US bases on their soil if Washington attacked Iran. Some personnel were advised to leave a US military base in Qatar

Iran warns neighbours of strikes on US bases if Washington intervenes

The three diplomats told Reuters that some personnel had been advised to leave the US military's Al Udeid Air Base in Qatar by Wednesday evening

Indian Oil buys first Ecuador crude cargo as it diversifies from Russia

IOC bought 2 million barrels of medium-heavy sour Oriente oil, the sources said, without elaborating ‌on the pricing and seller

Taiwan seeks OnePlus CEO Pete Lau arrest over alleged illegal hires: Report

Beijing claims democratically governed Taiwan as its own territory and has never renounced the use of force to bring the island under its control. Taiwan rejects China's sovereignty claims

Asian markets rise as yen hits weakest since 2024 on Japan election hopes

The Japanese yen hit its weakest level since July 2024 at 159.415 per dollar in early Asian hours, as the threat of a market intervention resurfaced

India and US held talks on trade and critical minerals, says Jaishankar

The failure to reach an agreement had pushed the Indian rupee to a record low and spooked investors waiting for progress in two-way negotiations

Trump says inflation data gives Fed room to cut interest rates soon

Trump has clashed repeatedly with Powell over the president's demand the Fed cut rates

Iran official says nearly 2,000 killed in ongoing anti-regime protests

The Iranian official, speaking to Reuters, said that people he called terrorists were behind the deaths of both protesters and security personnel

RedTape founders look to sell majority stake, approach Blackstone, KKR

EY has reached out to private equity firms Blackstone and KKR and Co to explore potential offers for the family's stake, said two of the three sources

Palm oil imports drop to 8-month low as refiners shift to rival oils: SEA

Lower palm oil imports by India, the world's largest buyer of vegetable oils, could lift inventories in top producers Indonesia and Malaysia

Asian stocks rise as Nikkei hits record amid AI optimism, earnings ahead

In share markets, Japan's Nikkei returned from holiday with a jump of 3.4% to record highs, aided by a weak yen and talk of fiscal stimulus

Vitol, Trafigura offer Venezuelan oil to India, China for March delivery

The trading firms are ​scrambling to secure ships, moving swiftly to sell the Venezuelan oil, with Trafigura's CEO saying it will load its first cargo for the US this week

Apple, Google ink Gemini deal for revamped Siri in major win for Alphabet

Alphabet has been jostling with OpenAI for the Apple deal, the financial details of which were not disclosed

Trump's Greenland threat sparks investor search for new safe havens

Although gains in both are expected to continue regardless of what happens to Greenland, investors face the dilemma of how to position for any longer-term fallout

Dollar slides, gold hits record as Trump escalates fight with Fed

Fed funds futures have added in about three basis points more in cuts this year, which is small but points to the risk that the Fed gets pushed into being more aggressive