Page 13 - Reuters

Global demand for EV rises 3% for third straight month in May: BMI data

'Europe really is the driving factor towards this growth at the moment', said BMI data manager Charles Lester

SpaceX IPO sparks debate over index rules as AI giants reshape markets

The IPO is the headline, but the real story is about index methodology, said Dina Ting, head of global index portfolio management at Franklin Templeton

US official says Iran deal signed, Strait of Hormuz set to reopen

The US and Iran have signed a framework agreement to end the conflict, paving the way for the reopening of the Strait of Hormuz and easing global oil market concerns

Apollo hospital proposes Shobana Kamineni as Executive Chairperson

Apollo Healthtech plans to appoint Shobana Kamineni as executive chairperson ahead of its proposed listing, with the demerger expected to be completed by late FY27

US Trade Representative Greer to visit India on June 23-24 for talks

Greer is scheduled to visit India on June 23-24 for discussions aimed at finalising an interim trade agreement between New Delhi and Washington

Gold prices jump 2.7% to near one-week high after US-Iran peace deal

Spot gold rose 2.7 per cent to $4,334.48 per ounce, as of 0857 GMT, ‌hitting its highest level since June 9

US cybersecurity firm N-able opens GCC in Bengaluru, eyes major hiring push

N-able, which provides IT management, ‌cybersecurity, and data protection software to more than 500,000 organizations globally, opened a Global Capability Center (GCC) in Bengaluru on Monday

Oil retreat hands RBI an assist in boosting rupee's near-term outlook

Economists have upgraded their outlook for India's balance of payments following the RBI's measures, with most now expecting a marginal surplus this fiscal year

Trump threatens 100% tariff on French wine over digital tax: Report

Trump said he delivered the warning directly to French President Emmanuel Macron, demanding he remove the 3 per cent tax on US tech giants or face duties in the American market

9 killed, historic monastery on fire as Ukraine faces major Russian attacks

Nine people killed in total as Russia launches fresh attacks on Kyiv and Kharkiv, triggering fires and widespread destruction

Asian shares jump, oil prices fall as Iran-US peace deal boosts sentiment

Markets had already priced in a likely deal but the confirmation was enough to send Brent crude falling 4 per cent to $83.80 a barrel, well away from its May peak of $126.41

Oil prices fall over 4% after US, Iran reach peace deal, reopen Hormuz

Brent crude futures ‌fell $3.51, ​or 4.02 per cent, ‌to $83.82 by 2203 GMT ‌and US ‌West Texas Intermediate ​was ​at $80.95 a barrel, down $3.93, or ‌4.63 per cent

With smooth SpaceX debut, Wall Street sets new template for mega IPOs

SpaceX's record-breaking Nasdaq debut proceeded smoothly, easing concerns over market infrastructure ahead of expected IPOs from OpenAI and Anthropic

Iran says draft US deal includes oil sanctions waiver, nuclear limits

A draft Iran-US memorandum reportedly outlines sanctions relief, reopening of the Strait of Hormuz and negotiations on Tehran's nuclear programme

How record gold prices are throwing vintage luxury watches into furnace

When metal value beats resale price, older Omega and TAG Heuer models become worth more as scrap than as timepieces

Ukraine drone strikes kills one, sparks fire at Russian port of Temryuk

Ukraine continues to pummel Russia's energy infrastructure as peace talks to resolve the ​Ukraine war have stalled

Amazon likely voiced concerns about Anthropic AI models before US crackdown

In a blog post, Anthropic said the US government told the company it believes there is a method of bypassing, or "jailbreaking," a safeguard against using the model to find cybersecurity holes

Starmer tells Nato chief UK will publish defence plan before July summit

In a call ​earlier on Saturday, Starmer and Rutte agreed allies must ​strengthen collective defence and deliver more quickly in response to shared and evolving threats

What's in a name? SpaceX IPO sparks rethink of tech-stock grouping monikers

The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , and Meta Platforms

China issues new rules for financial services data in cybersecurity push

Cybersecurity regulator says sector data will be classified into four levels based on importance, sensitivity and potential harm from leaks