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US goods trade deficit hits nearly two-year low as imports tumble

Imports of goods decreased $11.5 billion, or 4.2 per cent, to $264.2 billion, the lowest level since March 2024. The decline was led by a 12.4 per cent plunge in consumer goods imports

Trump targets Aug 1 for global trade deals as EU and China talks go on

Commerce chief Howard Lutnick said on Tuesday ahead of Trump's self-imposed Aug. 1 deadline

Blue Dart Q1 results: Profit falls 9% as rising costs offset delivery gains

The company, which competes with Delhivery and IPO-bound Shadowfax, said its consolidated net profit fell 8.6 per cent to 488.3 million Indian rupees ($5.62 million)in the quarter ended June 30

Boeing cuts losses in Q2 as jet deliveries rebound and revenue grows

The planemaker's free cash flow usage, a key metric for Wall Street, also came in better than expected, signaling an improving cash position

Aeroflot cancels more flights after cyberattack; says operations stabilised

Ukrainian hackers said they had crippled 7,000 servers, extracted data on passengers and employees and gained control over the personal computers of staff, including senior managers

Nayara taps Indian IT firm Rediff.com after Microsoft suspends service

Nayara, a major buyer of Russian oil that is 49 per cent owned by Russian oil major Rosneft, has struggled with disruptions since coming under European Union sanctions this month

Asian shares dip as US-EU tariff deal raises growth, inflation fears

The air of caution saw MSCI's broadest index of Asia-Pacific shares outside Japan slip 0.7 per cent

US smartphone market sees slow growth as India-made phones surge: Canalys

In response to tariffs, Apple earlier this year sought to make most of its iPhones sold in the United States at factories in India

Trump warns 15-20% tariffs for nations without US trade agreements

Trump told reporters his administration will notify some 200 countries soon of their new 'world tariff' rate

Tesla signs chip supply deal with Samsung Electronics, says Elon Musk

On Saturday, Samsung announced a $16.5 billion chip supply deal with a major global company, without naming the client

'Prez of Peace': Trade threat helped broker Cambodia-Thai truce, says Trump

The truce talks followed a sustained effort by Anwar and US President Donald Trump's phone calls to both leaders at the weekend

India's 3rd largest airport operator eyes Oct close for over $500 mn bond

BIAL will raise the funds through its second tranche at a similar rate as the first transaction

BIAL to raise over $535 mn via second tranche of bonds by early Oct: Report

SBI Capital Markets was the arranger of the previous issue, and will also be the arranger for the second tranche, two of the sources added

US, EU agree trade deal, EU will see 15% tariff across the board

The deal, that includes a 15 per cent tariff on EU goods entering the US and significant EU purchases of US energy and military equipment, will bring welcome clarity for EU companies

Russia suspends sunflower oil duty till end of August to boost exports

Russian lobby group Oil and Fat Union estimates that Russia is the world's leading producer of sunflower oil and the second largest exporter after Ukraine

Trump suggests US Federal Reserve may be ready to cut interest rates

The two men met on Thursday when Trump made a rare visit to the US central bank to tour its ongoing renovation of two buildings at its headquarters in Washington

Intel cutting more jobs as CEO Tan tries to fix manufacturing missteps

The job cuts - a majority of which have been completed already - are part of an effort by Tan since he took the helm in March to turn around the storied U.S. chipmaker

Netanyahu, Trump appear to abandon Gaza ceasefire negotiations with Hamas

Netanyahu said Israel was now mulling "alternative" options to achieve its goals of bringing its hostages home from Gaza and ending Hamas rule in the enclave

Meta to halt political advertising on its platforms in EU from October

The European Union legislation, called the Transparency and Targeting of Political Advertising regulation and which will apply from October 10

Indian homebuilder Sobha's Q1 profit up 125% on premium housing demand

Indian real estate developers have capitalized on a post-pandemic shift in buyer preferences towards larger, amenity-rich apartments by securing land deals and swiftly launching new projects