Page 1400 - Reuters/umtmi

Trump vows to impose 5% tariff on Mexico unless illegal immigration ends

The announcement rattled investors who feared that worsening trade frictions could hurt the global economy

Deter Iran, or oil prices can spike unimaginably: Saudi crown prince

The right of Saudi Arabia and the UAE to defend their interests after the attacks on oil pumping stations in the kingdom and tankers off the UAE were supported in a Gulf Arab statement

Mike Pompeo tells Germany: Use Huawei and lose access to our data

Pompeo urged close ally Britain this month not to use Huawei's technology to build new 5G networks because of concerns it could be a vehicle for Chinese spying

India plays down Trump decision to remove US trade privileges

The Indian government said that India viewed the issue as part of its ongoing economic relationship with the US

IndiGo close to new engine deal, may drop Pratt & Whitney for CFM

IndiGo has an order book of 430 Airbus planes of the A320neo family, of which the first 150 aircraft were to be powered by engines from United Technologies Corp's Pratt & Whitney.

Warren Buffett charity lunch fetches record $4.57 million winning bid

The winning bid, which was submitted during a five-day online auction on eBay that ended Friday night, was nearly one-third higher than the previous record $3,456,789 bids in both the 2012 and 2016

US starts charging higher tariffs on Chinese goods arriving by sea

Earlier on Saturday, China began collecting higher retaliatory tariffs on much of a $60-billion target list of US goods

Ten years on, questions remain over response to Air France 447

Airlines holding annual talks in Seoul this weekend will seek to restore confidence strained by the two recent Boeing crashes

Italy promises to obey EU fiscal rules in next budget as debt rises

Responding to a letter from the EU Commission questioning why Italy's already huge debt grew last year, Economy Minister blamed an economic downturn

Saudi king says attacks by Iran-backed groups threaten global oil supplies

On Friday, Salman convened emergency summits of Gulf and then Arab leaders to discuss drone strikes on oil installations in Saudi and attacks on four vessels, including two Saudi oil tankers

Space firm founded by billionaire Paul Allen closing operations

Allen's Stratolaunch had been compared to billionaire Richard Branson's Virgin Galactic

North Korean leader Kim Jong Un visits factories linked to missile launches

Kim has declared his nuclear force "complete" and announced an end to tests of long-range missiles and nuclear weapons

Mexico eyes steps to cut immigrant flows to US border, says official

Trump on Thursday said he would introduce the tariffs, starting at 5 per cent on June 10 and quickly ratcheting higher if Mexico did not substantially halt illegal immigration

SpiceJet may take over widebody jets owned by Jet after examination

SpiceJet had a 13.1% share of India's domestic market in April, according to government statistics, behind IndiGo's 49.9% and Air India's 13.9%

IMD says India is likely to get average monsoon rains this year

Monsoon rainfall is expected to be 96 %of the long-term average (LPA), the India Meteorological Department (IMD) said in a statement.

China threatens US with retaliatory list of 'unreliable' foreign firms

Beijing's "unreliable entities list" would apply to those who violate market rules and the spirit of contracts, block supplies to Chinese companies for non-commercial reasons

Trade war list and factbox: US has imposed tariffs on all these countries

On Thursday, US imposed 5% tariff on imports from Mexico and raise them every month until they reach 25% unless the Mexican government takes action to stem illegal immigration

Summit fever: Everest's budget climbing boom puts Indians most at risk

Nine people have died on the Nepalese side of the mountain so far this year, the deadliest climbing season on the peak since 2015

Khan Market gang: Modi coins new phrase to swipe at elite adversaries

In the final days of his campaigning, which his Hindu nationalist BJP won by a landslide for the second consecutive term, Modi used the jibe "Khan Market gang" to mock his elite political adversaries

Land, labour, privatisation: Big bang reforms soon, says NITI Aayog VC

Modi and his Bharatiya Janata Party (BJP) were last week declared landslide winners of India's general election with an increased majority in the Lok Sabha