Page 27 - Reuters

LNG demand in India, China expected to recover when West Asia war ends

The conflict has prevented Qatar and the United Arab Emirates from exporting most of their LNG via the Strait of Hormuz

Asian shares slip as oil and yields rise ahead of Fed, BOJ meetings

Asian equities struggled as investors assessed rising oil prices, West Asia tensions and concerns over AI development ahead of key US and Japan central bank meetings

Oil rises as Saudi pipeline outage, fresh attacks raise supply concerns

Brent crude futures ​rose $1.24, or 1.18%, to $106.93 a barrel at 0026 GMT, after climbing 1% previously, while US ‌West Texas Intermediate futures were up $1.29, or 1.24%, at $102.65 a barrel

Sweden's centre-left takes narrow lead as far-right influence declines

Preliminary results give the centre-left opposition a three-seat lead, putting Magdalena Andersson on course for power as the Sweden Democrats lose ground in Parliament

Gulf states cancel Iran talks; Houthis attack Saudi Arabia again

Gulf states postponed talks with Iran on reopening the Strait of Hormuz as the Houthis attacked a Saudi airbase and Tehran sanctioned 77 ships over alleged protocol violations

Fed's table looks set for a rate hike, a first under Kevin Warsh

Markets see an 85 per cent chance of a quarter-point increase as hotter inflation and oil above $100 test Fed Chair Kevin Warsh's stance on rates and forward guidance

Oil prices jump over 3% after new strikes on Saudi Arabia, Strait of Hormuz

Brent crude futures ​climbed $3.43, or 3.3%, to $108.04 per barrel by 0924 GMT while WTI futures gained $3.49, or 3.5%, ‌to $103.54 per barrel

Global AI stocks fall as industry chiefs call for slowing development

AI-linked stocks plunged globally after industry leaders urged slower development over safety risks, while OpenAI ruled out an IPO this year and Anthropic pressed ahead

Microsoft drafts AI code to keep all future systems under human control

Draft code would prohibit Microsoft's AI from resisting correction or shutdown, reject model rights and be used to train future systems after six weeks of public feedback

At Brics summit, Modi, Xi offered to help Putin end Ukraine war: Kremlin

India and China told Russian President Vladimir Putin they were ready to help end the Ukraine conflict, with Moscow welcoming efforts to encourage Kyiv to show greater flexibility

India gains wider EU steel access under FTA, but carbon levy remains

The agreement provides India with an additional preferential quota of 694,853 tons of steel, on top of an existing 946,616 ton WTO quota

Chevron targets Argentina, Mediterranean for LNG growth, eyes India deal

Chevron plans to expand its global gas portfolio across Argentina, the East Mediterranean, Australia and Africa

Solar Industries to buy South Africa's Omnia Holdings for $1.36 billion

Solar SA Investments, an indirect wholly-owned subsidiary of Solar Industries, will acquire all outstanding shares of Johannesburg-listed Omnia, subject to regulatory and Omnia shareholder approvals

Asian AI stocks slide as top lab CEOs call for slower development of tech

SoftBank, Kioxia, SK Hynix and other AI-linked stocks fell in Asian trade after Anthropic's Dario Amodei, Elon Musk and Sam Altman backed calls to slow AI development

Essar Group buys UK petrol station operator SGN Retail, adds 118 sites

The acquisition will take the number of petrol stations operated by Essar Energy Transition Retail (EET Retail) to 235

Amazon pauses operations with 21 Air after Miami cargo plane crash

Last week, an Amazon Prime Air cargo flight overran a runway and crashed while landing at Miami International Airport

Trump says US should have world's lowest interest rates ahead of Fed meet

Trump said the US should have the lowest interest rates in the world, days before the Federal Reserve's policy meeting amid persistent inflation

Asian shares slide as oil spike fuels inflation, rate hike concerns

With shipping through the strait and the Bab el-Mandeb under threat, analysts fear oil prices could stay elevated for a lengthy period, stoking inflation globally

China's Z.AI raises $5 billion through share, convertible bond sales

Z.AI raised about $2 billion through a Hong Kong share placement and $3 billion from convertible bonds, with 60 per cent of net proceeds earmarked for AI research and development

Saudi Arabia pipeline outage threatens loss of 4% of global oil supply

Saudi Arabia has enough oil stocks at key ports to sustain exports for only a few days, raising the risk of a major supply loss if its East-West Pipeline does not restart soon