Page 256 - Reuters/workspace/business Standard Web/video

Mexico officials warn about Trump's tariff impact on US companies

Trump campaigned on a pledge to roll out a slew of tariffs, including for firms that had moved operations to Mexico, in a bid to restore jobs in the US

Trump picks Wall St CEO Lutnick to run Commerce, oversee USTR, tariffs

Lutnick, the head of brokerage firm Cantor Fitzgerald, will also have additional direct responsibility for the US Trade Representative's office, Trump said in a statement

Inditex boosts fast fashion flights from India to avoid shipping delays

Apparel retailers, and exporters in general, have increased their use of air freight since insecurity in the Red Sea disrupted global shipping routes

Not reconsidering Matt Gaetz nomination for attorney general, says Trump

The nomination generated some skepticism given that the former congressman, first elected in 2016, was under investigation

Trump govt plans to roll back Biden's stricter fuel-efficiency standards

The move appears aimed at satisfying a Trump campaign promise to end the EV mandate

Brazil urges G20 leaders to move faster on net zero climate targets

World leaders are trying to shore up a global response to climate change before Donald Trump retakes the US presidency

Qualcomm positive on Trump administration as it sees growth in chip sales

Responding to another analyst question, Qualcomm Chief Executive Cristiano Amon said he does not foresee problems competing for business in China, which accounted for 46 per cent of Qualcomm's nearly

Skills shortage hampers India's clean energy goals and manufacturing plans

Modi's government has imposed 40 per cent tariffs on Chinese solar panels and 25 per cent on cells, allocating about $3 billion in production-linked incentives for local manufacturers as part

Asian shares cautious ahead of Nvidia result, dollar gives back gains

Nasdaq futures rose 0.2 per cent on Wednesday on top of a 1 per cent jump overnight, MSCI's broadest index of Asia-Pacific shares outside Japan was flat and Tokyo's Nikkei slipped 0.3 per cent

Hilton to expand footprint in India amid boom in leisure travel demand

Hotel operators have been building diverse property portfolios in India, investing heavily in midsize properties that cater to price-conscious, middle-income consumers

Safe-haven currencies strengthen after Russia updates nuclear doctrine

Putin approved the change days after two US officials said that US President Joe Biden's administration would allow Ukraine to use US-made weapons

Trump may pick Cantor Fitzgerald CEO Howard Lutnick for Commerce chief

The Donald Trump transition team did not immediately respond to a request for comment.

France, Germany, other EU nations team up to develop air defence system

Many European countries have ramped up defence spending in recent years, spurred by Russia's war in Ukraine and fears the United States may cut its commitments to protect the continent

Sebi proposes tighter IPO rules for SMEs, seeks views on minimum amount

The regulator also sought views on whether the minimum application amount should be even higher at Rs 4,00,000

Blackstone strikes $8 bn deal for sandwich chain Jersey Mike's Subs

Jersey Mike's Sub, a fast casual sub sandwich franchise, operates over 2,800 locations

Adani Infra to acquire 30% stake in PSP Projects for Rs 685 crore

Adani Infra, owned by a unit of Indian billionaire Gautam Adani's flagship Adani Enterprises, will purchase the shares from Prahladbhai S Patel, who leads PSP Projects and is its top shareholder

Walmart raises annual sales forecast, bets on strong holiday shopping

The retailer is among the first major US chains to provide insight into the all-important holiday quarter and how consumers are planning to spend as inflation ebbs

Steelmakers urge govt to impose temporary tax to check cheap imports

India, the world's second-biggest crude steel producer, became a net importer of the alloy in the fiscal year to March 31, 2024 and the trend has continued since, with imports rising steadily

US packaging firm Amcor Plc to buy Berry in all-stock deal worth $8.43 bn

Berry's shares were up 4.4 per cent before the bell. Amcor shares were up about 1 per cent

Sony in talks to buy Japan's media giant behind 'Elden Ring' video game

The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks