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Foxconn sees robust AI demand as second-quarter profit tops forecast

The company said artificial intelligence server revenue is expected to leap more than 170% year-on-year in the coming quarter, though it also warned of uncertainty from U.S. tariffs

Vladimir Putin ready to make deal on Ukraine: US President Trump

The aim of Friday's talks with Putin is to set up a second meeting including Ukraine, Trump said, adding: "I don't know that we're going to get an immediate ceasefire

FedEx, UPS, DHL executives may face fresh scrutiny in antitrust case

DHL said in a statement it operates in full compliance with all laws and is "cooperating fully with the CCI", but could not comment on specifics

Eli Lilly to raise UK price of weight-loss drug Mounjaro by 170%

The new price, which also applies to Lilly's type 2 diabetes medicine that has the same name, is effective from September

IREL seeks Japan, South Korea partnerships for rare earth magnet production

The miner aims to formalise talks with other countries on rare earth mining and technology partnerships and plans to seek IREL board approval for commercial magnet production this year, source said

Govt imposes anti-dumping duty on certain steel imports from Vietnam

This comes a year after the ministry initiated a probe on some steel imports from the Southeast Asian country to analyse threats and consequential injury to India's steel sector

BPCL buys 10 mn barrels of US crude oil through five-month tender

India, the world's third-largest oil importer, is increasing imports from the United States as negotiations for a bilateral trade agreement continue

Publicis sues CCI for denying case files in ad firms' cartelisation probe

Details of cartel cases are kept confidential in India, but Reuters has reported that the CCI's initial assessment found the firms used a WhatsApp group to coordinate and agree on pricing

Sanctions-hit refiner Nayara in talks with Indian govt to sustain ops

The private refiner, majority-owned by Russian companies including Rosneft, was sanctioned by the EU last month as part of a package targeting entities linked to Russian oil

PSU refiners eye Russian oil as discounts rise ahead of Trump-Putin talks

Indian state refiners - Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd - paused Russian oil purchases last month as discounts narrowed

India's forex to rise despite RBI support, swap maturity, say economists

A $5 billion dollar/rupee swap by the RBI matured that week, with bankers saying the central bank delivered the swap, a move that is a drain on reserves

FedEx, UPS, DHL executives to face fresh scrutiny in India's antitrust case

Many foreign and domestic companies are bullish about the Indian courier and parcel delivery market

China, US clash over destroyer near Scarborough Shoal amid rising tensions

In a statement, the Chinese military's Southern Theatre Command said the USS Higgins had entered the waters "without approval of the Chinese government" on Wednesday

Trump wants Ukraine to have say on territory talks with Russia, says Macron

Trump and Putin are due to discuss how to end the three-and-a-half-year-old conflict, the biggest in Europe since World War Two

S&P 500, Nasdaq near record highs on hopes of Fed rate cut in September

Treasury Secretary Scott Bessent also said he thought an aggressive half-point cut was possible given recent weak employment numbers

Adani Group's new copper smelter applies to become LME-listed brand

According to Adani, the $1.2 billion Kutch Copper facility in the western state of Gujarat is the world's biggest single-location plant of its type

Dollar extends losses as Fed rate cut hopes and political pressure grow

The dollar index, measuring the currency against a basket of peers, fell 0.2 per cent to 97.81, its lowest since July 28, extending its 0.5 per cent drop on Tuesday

CoinDesk owner Bullish shares indicated to open 62% above IPO price

If the stock starts to trade at the last indicated range of $55 to $60 on the NYSE, it could potentially value the billionaire venture capitalist Peter Thiel-backed company at nearly $8.77 billion

Wildfires fanned by heatwave rage across Europe, burning houses, factories

"What does it look like? It looks like doomsday. May God help us and help the people here," said Giorgos Karvanis, a volunteer who had come from Athens to Patras to help.

BPCL Q1 results: PAT up 140% at ₹6,839.02 cr on bumper retail fuel margin

The first quarter profit is a record for BPCL and is more than half of the full 2024-25 (April 2024 to March 2025) fiscal year earnings. It had reported a net profit of Rs 13,336.55 crore in FY25