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Wall Street rises, dollar rebounds amid tariff talks, economic data

The Dow Jones Industrial Average rose 214.16 points, or 0.51 per cent, to 42,519.64, the S&P 500 rose 34.43 points, or 0.58 per cent, to 5,970.37 and the Nasdaq Composite rose 156.34 points

PM Narendra Modi's soaring Indian aviation ambitions face many headwinds

New Delhi says it wants India to be a job-creating global aviation hub along the lines of Dubai, which currently handles much of India's international traffic

HK Express airfares fall amid rising competition, aircraft issues: CEO

Many airlines, including HK Express and its low-cost rivals, are capitalising on the third runway that opened in November to add more flights

India may ease bank ownership rules as foreign interest, capital needs grow

Analysts say foreign banks are keen for deals in India, the world's fastest-growing major economy, especially as it angles for regional trade agreements

US pushes countries for best offers by June 4 as tariff deadline looms

In the draft, the US is asking countries to list their best proposals in a number of key areas, including tariff and quota offers for purchase of US industrial and agricultural products

China's factory activity contracts in May as US tariffs take a toll

Two weeks after a breakthrough trade truce, US Treasury Secretary Scott Bessent said Thursday that negotiations with China are "a bit stalled," signalling fresh uncertainty in the talks

Musk's xAI launches $5 billion debt sale, seeks $113 billion valuation

The debt sale, launched Monday, includes a term loan B, a fixed-rate term loan and senior secured notes, Bloomberg News reported

Ethiopian Airlines considering order for 20 regional jets, CEO says

"We are evaluating three aircraft models, the E-2 from Embraer, the A220 from Airbus, and the 737 MAX 7 from Boeing," CEO Mesfin Tasew Bekele said

No immediate impact from China's export curbs on magnets: Maruti Suzuki

Auto industry manufacturers told government officials last week that production could stall within days due to the curbs

Foreign investors return to Indian stocks on big ticket block trades

The block trades were well bought by overseas investors. They marked the highest monthly total in almost a year and a huge jump from only $220 million in April

Asian share markets, dollar cautious on tariff news, US jobs data

Markets will be particularly interested to see if Trump goes ahead with the 50 per cent tariff on Wednesday, or backs off as he has done so often before

Poland votes in tight presidential race between pro-EU, nationalist visions

Voting was due to end at 9 p.m. (1900 GMT), with exit polls published soon afterwards. The electoral commission says it hopes final results will be announced on Monday morning or early afternoon

Ukrainian spies hid drones in wooden sheds to attack Russian air base

The first round of the talks more than a week ago yielded the biggest prisoner exchange of the war - but no sense of any consensus on how to halt the fighting

IndiGo expands network with Air France-KLM, Virgin Atlantic, Delta deal

IndiGo has an extensive domestic network in India, the world's third-largest air passenger market, and is expanding its international reach

Trump, Xi likely to speak soon on minerals trade dispute, says Bessent

President Donald Trump on Friday accused China of violating an agreement with the US to mutually roll back tariffs and trade restrictions for critical minerals

Air India in talks with Airbus and Boeing for major aircraft order

Air India placed a then-record order for 470 planes from both suppliers in 2023 and another 100 Airbus jets last year

Emirates chief slams planemaker 'hand-wringing' over supply chain woes

Leading plane manufacturers Boeing and Airbus are months and years behind on new plane deliveries, frustrating airlines which want to upgrade

IndiGo expands network with Air France-KLM, Virgin Atlantic, Delta deal

Indigo has an extensive domestic network in India and is expanding its international reach

EU threatens countermeasures over Trump's steel, aluminium tariffs hike

The European Commission said it "strongly" regrets Trump's plan to increase tariffs, adding it undermines ongoing efforts to reach a negotiated solution

India's alarm over Chinese spying rocks the surveillance industry

In rejecting the request, the government said India's policy "addresses a genuine security issue" and must be enforced, the minutes show