Page 5 - Reuters/umtmi

Oil eases on Gulf diplomacy hopes, Saudi attacks keep supply worries alive

Brent crude futures were down 66 cents, or 0.57%, at $115.15 a barrel as of 0000 GMT, while US West Texas Intermediate crude was down 44 cents, or 0.43%, at $101.32

Tata Motors' bid to takeover Iveco clears 80% acceptance threshold

Tata now holds 89.42% of Iveco's common share capital based on provisional results, ‌both companies said

News publishers contest new privacy law, fear impact on investigations

News publishers argue the law could threaten investigative journalism, expose confidential sources and force the removal of factual reports

Musk says SpaceX raised $40 bn in debt deal, predicts neocloud shakeout

Musk, in a post on X, attributed the successful debt raise to the company's investment-grade status and revenue from its Starlink satellite internet and launch businesses

Anthropic opens books on AI's explosive growth and staggering costs

Anthropic's IPO filing highlights rapid revenue growth, mounting AI development costs and safety risks as the Claude maker prepares to list on Nasdaq amid investor concerns over AI valuations

Bharat Petroleum expects Russian crude purchases to fall in November

Russian volumes in November would be lower because West Asian grades are more commercially viable compared to Russian grades, Vetsa Ramakrishna Gupta, BPCL's head of finance said

Cyclone Arnab: Andhra, Odisha prepare to evacuate people ahead of landfall

Arnab, ‌which formed over the ​Bay of Bengal before intensifying ​into a cyclonic storm, is expected to ​make landfall in Andhra Pradesh state by Wednesday morning

Saudi Arabia partly reopens Riyadh airport despite renewed Houthi threats

King Khalid International Airport in Riyadh had halted operations on October 10 following an attack claimed by the Houthis that killed 13 people

Trump adds Norway to vulgar list of countries over Nobel Peace Prize snub

Trump ​made the comments at a political rally in Port Huron, ​Michigan, ahead of next week's midterm elections

'I had to do it': Trump says US-Canada tariff dispute to end 'soon'

Trump predicts a swift resolution to the tariff dispute with Canada but offers no details, as Michigan Republicans flag concerns over the impact on the auto industry

Oil prices slip from near six-months highs despite supply concerns

US crude futures were down $1.60, or 1.55%, at $101.67 per barrel by 0018 GMT while Brent crude futures were down $1.56 or 1.34% at $115.16

Asian shares cautious ahead of central bank meetings, AI earnings

Japan's Nikkei dipped 0.8%, after losing 4.0% last week, while South Korea fell 0.4%, having shed almost 19% so far this month

Brazil votes in tight presidential runoff between Lula and Bolsonaro

Brazil's presidential runoff pits Lula against Flavio Bolsonaro, with voters weighing economic concerns, crime and US relations amid a closely contested election

Yemen's Houthis say they targeted Saudi oil sites, attacks reported in Aden

Yemen's Saudi-backed government said the Houthis also fired three ballistic missiles at coast guard sites in the southern Yemeni port ‌city of Aden

Venezuela to restart major power plant with help from Chinese firm

Restarting Venezuela's largest fossil fuel-burning plant will help ease chronic blackouts that have worsened since earthquakes ravaged the region in June

India's Scotch probe of Diageo, Pernod undermines UK pact benefits: ISWAI

The liquor industry group representing Diageo and Pernod Ricard said that India's move to exclude bulk Scotch imports from the reduced tariff contradicts the trade pact

First Russian diesel shipment since 2022 heads to US under Trump-Putin deal

A tanker carrying 40,000 tonnes of Russian diesel is expected to reach New York on November 7, marking the first US import of Russian petroleum products since the 2022 ban

Failte-Sigenergy JV to build inverter, battery storage plants in India

The company also plans to set up a research and development centre focused on battery energy storage systems in ​India

GLP-1 boom in India, China, Brazil can create $22 bn market: JP Morgan

The addressable ​market could grow at an annual rate of 15% through 2035, JP Morgan ‌analysts led by Yang Huang said in a note on Friday, given the countries' large diabetes and obesity burdens

Dr Reddy's launches new generic Ozempic brands amid Obeda supply disruption

Obeda Pro and ​Obeda Plus are made by a different manufacturer than the original Obeda injectable, supplies of which were ‌halted in July after Dr Reddy's discovered an impurity in active ingredients