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US signs record $142 billion arms deal with Saudi Arabia for defence

CEOs from RTX Corp Boeing Co, Northrop Grumman Corp were expected to be in the kingdom, but the White House did not verify any specific equipment or makers as a part of the potential sale to Saudi

Crude oil falls as traders consider potential jump in US crude stockpiles

Brent crude futures fell 64 cents, or around 1%, to $65.99 a barrel by 0934 GMT. U.S. West Texas Intermediate (WTI) crude slipped 64 cents, or 1%, to $63.03

Kalyan Jewellers eyes revenue growth through store-opening spree: Executive

Consumers are favouring chains over independent jewellers, shopping frequently, and spending more on gifts, Kalyan Jewellers' Executive Director Ramesh Kalyanaraman said in an interview

India to defend import curbs on copper in legal battle with trade groups

India, the world's second-largest importer of refined copper, relies on imports to address shortfalls and meet robust demand in sectors such as energy, defence, automotives and infrastructure

US imposes sanctions on companies it says sent Iranian oil to China

The network facilitated the shipment of oil worth billions of dollars to China on behalf of Iran’s Armed Forces General Staff and its front company, Sepehr Energy, Treasury said

US consumer prices rise marginally in April; impact of tariffs awaited

Though the U.S. and China took a major step towards de-escalating their trade war over the weekend, a 10% blanket duty on almost all imports remains in place, as do sectoral tariffs

China, Brazil agree to defend free trade as leaders meet in Beijing

"China and Brazil are determined to unite their voices against unilateralism and protectionism," the Brazilian leftist leader said, according to Brazilian state television

Trump secures $600 bn Saudi Arabia investment pledge on West Asia tour

Trump, who was accompanied by U.S. business leaders including billionaire Elon Musk, will go on from Riyadh to Qatar on Wednesday and the United Arab Emirates on Thursday

Microsoft to cut 3% of global workforce amid AI investment focus: Report

Microsoft did not immediately respond to a Reuters request for comment. The company's stock was slightly lower in morning trading

Only face-to-face meeting with Putin can deliver peace, says Zelenskiy

President Putin, who has questioned Zelenskiy's legitimacy, has not said whether he will take part

India approves three Russian insurers for marine cover till February 2026

India is the top buyer of Russian seaborne oil after China since Western nations shunned purchases and imposed sanctions on Moscow for its military action in Ukraine

Gail to run Dabhol LNG terminal in monsoon, plans major expansion

Indian companies are increasingly seeking US LNG linked to Henry Hub prices to reduce exposure to oil-indexed contracts, which dominate their current portfolios

UK jobs market cools down offering some relief to Bank of England

Economists said the figures reflected concerns among employers about a tax increase imposed on them by finance minister Rachel Reeves and over US President Donald Trump's trade war

US tariff pause on Beijing puts pressure on 'China-plus-one' countries

Vietnam, for example, was better off than China with a 46 per cent rate, while Thailand was at 36 per cent and Malaysia at 24 per cent

Japan's SoftBank Group Q4 results: Profit rises to $3.5 bn, beats estimates

The result compared with 231 billion yen profit for the same period the previous year and the 26.9 billion yen average loss from five analyst estimates compiled by LSEG

Nissan to halt operations at some domestic plants for restructuring

Details regarding which specific factories will be affected and whether they will be temporarily suspended or permanently closed are expected to be finalised at a later date

Birla's big paints bet hits Asian Paints' market share in just one year

Birla Opus' market share reached 6.8 per cent in the latest quarter

Oil prices ease on concerns over rising supply, US-China trade deal caution

The US and China agreed to slash steep tariffs for at least 90 days, sending Wall Street stocks, the US dollar and crude prices sharply higher

Asian markets rally as US-China trade truce lifts investor sentiment

Japan's Nikkei soared 2 per cent, touching its highest level since February 25, and tech-heavy Taiwan also rose 2 per cent

Ousted Bangladesh PM Hasina's party Awami League barred from election

The move comes after the interim government of Nobel laureate Muhammad Yunus, banned all activities of the Awami League under the Anti-Terrorism Act after days of protests