Page 85 - Reuters

Govt opposes EU plan for capital flow checks, cites sovereignty issues

The proposal, unusual in most free trade agreements, has raised concerns in New Delhi over limiting its ability to act unilaterally during crises

Trump set to visit Federal Reserve today, intensifying pressure on Powell

Trump's repeated criticism of Powell and talk of firing him has rattled markets, raising concerns over central bank independence-a cornerstone of the global financial system

Asian shares rally, Aussie dollar hits 8-month high on trade optimism

The Australian dollar, a common proxy for risk sentiment, fetched $0.66, just off $0.6604 hit earlier, which was the highest since November 2024

US Treasury Secy Bessent says Trump has advantage with tariff rates

President Trump is creating this leverage by saying: if you don't want to negotiate with me, I've sent you a letter with a high rate. Have at the high rate or come and negotiate in better fashion

Tata Consumer Q1 results: Profit misses estimates, tea costs hit margins

Net profit came in at ₹334 crore ($38.7 million) for the quarter ended June, compared with analysts' average estimate of ₹356 crore, according to data compiled by LSEG

We want to provide trade stability and have lowest tariffs possible: Macron

Emmanuel Macron said on Wednesday he would coordinate with German Chancellor Friedrich Merz and their other European counterparts

US bans flu shots with thimerosal in RFK Jr led vaccine policy shift

About 5 per cent of flu shots given in the US in the last flu season were multi-dose vials that contained the preservative, which was largely phased out decades ago

EU, US near trade deal to avoid 30% tariffs, settle at 15% rate instead

The rate, which could also extend to cars, would mirror the framework agreement the United States struck with Japan

Iran agrees to visit by team from UN nuclear watchdog in coming weeks

The delegation will come to Iran to discuss the modality, not to go to the (nuclear) sites, said Iran's Deputy Foreign Minister

Dr Reddy's to launch obesity drug in 87 nations starting next year: CEO

The company initially plans to launch the generic version in Canada, India, Brazil, Turkey and other emerging markets, subject to patent expiry, Israeli said at a press conference

Wall Street rises on US-Japan trade deal, hopes for more tariff talks

At 9:41 a.m. ET, the S&P 500 gained 20.11 points, or 0.31per cent, to 6,329.73 and the Nasdaq Composite gained 39.71 points, or 0.19per cent, to 20,932.40

Bajaj Housing Q1 results: PAT rises 21% to ₹583 cr on strong loan growth

The country's biggest home loan financier by market value reported a profit of ₹583 crore ($67.50 million) for the three months ending June 30, up 21 per cent from a year ago

RBI net bought $1.76 billion in forex market in May, shows bulletin

The RBI said it purchased $9.1 billion and sold $7.3 billion during the month. In April, the central bank had sold a net of $1.66 billion

Trump exits UN cultural body UNESCO again, calls it 'woke, divisive'

The move is in line with the Trump administration's broader "America-first" foreign policy

Received $16 million payment after Paramount lawsuit settlement: Trump

Paramount earlier this month agreed to settle a lawsuit filed by Trump over an interview with former Vice President Kamala Harris that the network broadcast in October

Ozzy Osbourne, heavy metal pioneer and TV star, dies at age of 76

Osbourne was a regular target for conservative and religious groups concerned about the negative impact of rock music on young people

White House to launch plan to boost US AI globally, limit foreign curbs

The plan will 'focus on empowering American workers through AI-enabled job creation and industry breakthroughs'

Donald Trump's Golden Dome looks for alternatives to Musk's SpaceX

The shift marks a strategic pivot away from reliance on Musk's SpaceX, whose Starlink and Starshield satellite networks have become central to US military communications

AstraZeneca unveils $50 bn US investment as pharma tariff threat looms

On Monday, AstraZeneca said the expansion supports its ambition to reach $80 billion in annual revenue by 2030, with half coming from the US

Trump may travel to China to meet Xi Jinping in 'not-too-distant future'

Another possible trip would be for a September 3 Beijing ceremony commemorating the 80th anniversary of the end of World War Two, which Russian President Vladimir Putin is planning to attend