Page 48 - Reuters

Uncertainty over Qatar talks clouds prospects for US-Iran agreement

Qatar said only technical discussions are scheduled this week, raising doubts over the pace of efforts to secure a lasting US-Iran agreement and fully reopen the Strait of Hormuz

Hormuz disruption may have lasting impact on vulnerable economies: UNCTAD

The UN trade agency said vulnerable economies could continue to face elevated food, fuel and transport costs even after energy markets stabilise following the reopening of the Strait of Hormuz

For first time, more central banks are set to shrink dollar holdings

An OMFIF survey found more central banks intend to reduce US dollar reserves than increase them over the next decade, while gold continues to gain prominence in reserve management

Apple iPhone 18 Pro supplier list, parts, photos exposed in Tata data leak

Leaked Tata Electronics files on the dark web reportedly expose iPhone 18 Pro supplier details and drop-test photos, raising concerns over Apple's supply chain security

Warren Buffett skips donation to Gates Foundation amid Epstein review

The billionaire investor is reportedly waiting for the findings of an external review into the foundation's past engagement with Jeffrey Epstein before making his annual contribution

Govt hikes windfall tax on petrol, cuts levy on diesel and ATF exports

The government has lowered export duties on diesel and aviation turbine fuel while raising the levy on petrol exports as global crude oil prices continue to ease

Vedanta's CopperTech Metals postpones US IPO amid market volatility

The company, which was targeting a valuation of up to $3.57 billion, said it would defer the NYSE listing because of volatility across the global copper equity sector

Tata Communications appoints Rupesh Chokshi as chief technology officer

The company also named Vivek Srivastava to lead its cloud and cyber security business as it accelerates investments in AI and digital infrastructure

Nestle to remove artificial food colourings from all products by end-2026

The world's largest food company said the move extends its clean-label strategy globally as consumers increasingly seek simpler and healthier food ingredients

India's April-May fiscal deficit at 9.6% of 2026-27 target: Govt data

India has set the fiscal deficit target for 2026-27 at 4.3% of GDP, or ₹16.96 trillion

SBI-backed Cashfree Payments bets on travel services, overseas investment

The SBI-backed fintech will pilot overseas investment, travel and business-to-business payment offerings this year as it looks to capitalise on rising international transaction volumes

Global LNG demand to rise 65% by 2050 as Asia drives growth: Shell

The energy major expects demand to approach 700 million tonnes annually, supported by Asia's transition away from coal and rising electricity needs from data centres

Ford to recall over 741,000 US vehicles due to park system issue: NHTSA

The recall covers several Ford and Lincoln models and addresses a transmission defect that could increase the risk of vehicles rolling away

Asian stocks set for record-breaking quarter; dollar sinks gold and yen

Japan's Nikkei and South Korea's KOSPI remained on track for outsized quarterly gains as easing oil-price concerns improved the global growth outlook, while a stronger dollar pressured gold and yen

Gold heads for biggest monthly decline since 2008 on rate hike fears

Expectations of higher US interest rates and a stronger dollar outweighed geopolitical concerns, sending gold prices sharply lower

Oil prices fall as investors await outcome of US-Iran talks in Doha

Brent August crude futures were down 0.9 per cent, or 64 cents, at $72.51 a ‌barrel as of 0356; US West Texas Intermediate for August fell 0.6 per cent, or 39 cents, to $70.36 a barrel

One-third of global carbon emissions growth in 2025 came from US: Report

An Energy Institute report found that higher natural gas prices prompted US power producers to increase coal use, driving a significant share of global emissions growth

Russia may allow lower quality fuel output, imports to tackle supply crisis

Russia is considering temporarily permitting Euro-2 fuel standards, which were phased out more than a decade ago due to environmental concerns

China's factory activity returns to expansion on AI-driven demand surge

The official manufacturing PMI rose to 50.3 in June, exceeding market expectations and signalling renewed growth in the sector

Apple speeds up software updates in response to AI cybersecurity concerns

Apple acknowledged that artificial intelligence is reducing the time hackers need to exploit vulnerabilities, prompting a faster update cycle