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Reuters

Reuters

Reuters

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

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Page 125 - Reuters/workspace/business Standard Web/undefined

Drugmakers Mallinckrodt, Endo agree to merge in nearly $7 billion deal

Endo shareholders will get $80 million in cash and own 49.9 per cent of the combined company, while Mallinckrodt shareholders will own the rest for an enterprise value of $6.7 billion

Drugmakers Mallinckrodt, Endo agree to merge in nearly $7 billion deal
Updated On : 13 Mar 2025 | 5:03 PM IST

Gold prices trade near record levels on hopes of rate cut, tariff jitters

US President Donald Trump's fluctuating trade policies - imposing and delaying tariffs on Canada and Mexico, while raising duties on Chinese goods - have roiled the global financial markets

Gold prices trade near record levels on hopes of rate cut, tariff jitters
Updated On : 13 Mar 2025 | 3:46 PM IST

TRAI plans to limit satellite permits to 5 years, defying Musk's Starlink

Telecom Regulatory Authority of India (TRAI) is currently working on key recommendations to the federal government, including a time frame and pricing of satellite spectrum

TRAI plans to limit satellite permits to 5 years, defying Musk's Starlink
Updated On : 13 Mar 2025 | 1:53 PM IST

Indian refiners turn to Latam, Africa to replace Russian oil in Feb: Data

The South Asian nation became the biggest buyer of Russian seaborne oil sold at a discount after Western nations imposed sanctions on Moscow

Indian refiners turn to Latam, Africa to replace Russian oil in Feb: Data
Updated On : 13 Mar 2025 | 1:32 PM IST

Stocks up with yields as US inflation, Ukraine optimism offset tariff fears

Oil prices settled higher after data on slower stockpile builds, while the euro pulled back slightly after hitting a five-month high in the previous day's session

Stocks up with yields as US inflation, Ukraine optimism offset tariff fears
Updated On : 13 Mar 2025 | 7:20 AM IST

ArcelorMittal Nippon sues India over raw material import as fight escalates

ArcelorMittal Nippon has already warned New Delhi privately that it may have to severely curtail steelmaking and delay any expansions due to the curbs

ArcelorMittal Nippon sues India over raw material import as fight escalates
Updated On : 12 Mar 2025 | 11:25 PM IST

CCI backs Apple in antitrust case, denies Match, startups sensitive data

An investigation by the Competition Commission of India (CCI) last year found Apple exploited its dominant position in the market for app stores

CCI backs Apple in antitrust case, denies Match, startups sensitive data
Updated On : 12 Mar 2025 | 11:13 PM IST

Trump vows to respond to EU's threat of counter tariffs on US goods

Trump said Ireland had used its tax policies to lure away pharmaceutical and other companies from the United States, but US reciprocal tariffs would help rebuild US manufacturing

Trump vows to respond to EU's threat of counter tariffs on US goods
Updated On : 12 Mar 2025 | 11:02 PM IST

Google introduces new AI models for rapidly growing robotics industry

The robotics field has made large strides over the past few years with increasing advancements in AI and improving models, speeding up commercialization of robots largely in industrial settings

Google introduces new AI models for rapidly growing robotics industry
Updated On : 12 Mar 2025 | 9:40 PM IST

Trump to nominate Bowman for Fed's top bank cop, says White House official

Before joining the Fed, Bowman served as the state bank commissioner of Kansas for a year and a half, before which she spent several years as vice president of Farmers & Drovers Bank

Trump to nominate Bowman for Fed's top bank cop, says White House official
Updated On : 12 Mar 2025 | 9:34 PM IST

Baloch militants claim killing 50 hostages from Pakistan train hijacking

Government officials say 190 of them have been rescued so far. The militants say all the passengers detained are security officials and all civilians have been freed

Baloch militants claim killing 50 hostages from Pakistan train hijacking
Updated On : 12 Mar 2025 | 9:20 PM IST

UK antitrust body raises concerns about Apple and Google's mobile browers

Apple's Safari and Google's Chrome browsers dominate the market, it said, with Safari accounting for 88% of browsers on Apple devices and Chrome accounting for 77% on devices running Google's AOS

UK antitrust body raises concerns about Apple and Google's mobile browers
Updated On : 12 Mar 2025 | 8:01 PM IST

TSMC pitches Intel foundry joint venture to Nvidia, AMD and Broadcom

Any final deal - the value of which is unclear - would need approval from the Trump administration, which does not want Intel or its foundry division to be fully foreign-owned

TSMC pitches Intel foundry joint venture to Nvidia, AMD and Broadcom
Updated On : 12 Mar 2025 | 7:53 PM IST

Oil up on weak dollar; US economic slowdown, tariff concerns cap gains

US President Donald Trump's economic policies so far have centered on a blitz of tariff announcements. Some have taken effect and others have been delayed or are set to kick in later

Oil up on weak dollar; US economic slowdown, tariff concerns cap gains
Updated On : 12 Mar 2025 | 7:24 PM IST

Dollar struggles to lift off lows as traders gear for potential trade war

President Donald Trump's unpredictable announcements on trade policy have whipsawed markets and drawn tariff retaliation from trading partners, ramping up a global trade war

Dollar struggles to lift off lows as traders gear for potential trade war
Updated On : 12 Mar 2025 | 6:58 PM IST

China accuses US of undermining fentanyl cooperation by imposing tariffs

The US, where fentanyl abuse has been a major cause of death, has pushed China for deeper law enforcement cooperation, including tackling illicit finance, arrests of rogue chemists and raids of labs

China accuses US of undermining fentanyl cooperation by imposing tariffs
Updated On : 12 Mar 2025 | 5:59 PM IST

Russian oil supplies to India may recover in March after 3-month decline

India, the No 2 importer of crude from Russia, has said it would buy Russian oil only if it is supplied by companies and ships that have not been sanctioned by the United States

Russian oil supplies to India may recover in March after 3-month decline
Updated On : 12 Mar 2025 | 5:06 PM IST

Amid IndusInd fallout, RBI examines derivatives exposures of some banks

On Monday, private lender IndusInd Bank flagged a 2.35 per cent hit to its net worth due to an underestimation of hedging costs related to forex transactions

Amid IndusInd fallout, RBI examines derivatives exposures of some banks
Updated On : 12 Mar 2025 | 5:00 PM IST

Waiting to hear from US on Ukraine 30-day ceasefire plan, says Russia

After more than eight hours of talks with Ukrainian officials in Jeddah on Tuesday, US Secretary of State Marco Rubio said the US would take an offer of a 30-day ceasefire in Ukraine to Russia

Waiting to hear from US on Ukraine 30-day ceasefire plan, says Russia
Updated On : 12 Mar 2025 | 4:08 PM IST

Govt plans to set up trading exchange for domestically produced coal

The world's fastest growing major economy opened up coal mining to private companies earlier this decade, ending the near-monopoly of state-run Coal India, the world's largest coal miner

Govt plans to set up trading exchange for domestically produced coal
Updated On : 12 Mar 2025 | 3:53 PM IST