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Crude futures decline 4.5% a barrel on pause in Israel-Iran conflict

Brent crude futures were down $3.70, or 4.57%, to $77.23 a barrel at 11:21 a.m. CDT (1621 GMT). U.S. West Texas Intermediate futures were down $3.57, or 4.63%, at $73.57 a barrel

Chinese govt expresses concern over US policies on chip, connected vehicle

The ministry noted that both sides held candid, in-depth, and practical discussions on mutual economic and trade concerns

Ex-Amazon executive's startup Auger raises $100 mn for supply chain

Auger will provide a software-as-a-service platform which uses an artificial intelligence operating system along with automation to provide real-time data

Hindenburg shorts Roblox, alleges inflated metrics like user numbers

Roblox shares fell 9.2% in early trading after the short seller said the company conflated daily active users (DAUs) with the number of people visiting its platform

US trade deficit narrows sharply in August on increase in exports

The trade gap contracted 10.8 per cent to $70.4 billion from a revised $78.9 billion in July, the Commerce Department's Bureau of Economic Analysis said

BYD hopes for ease in investment rules as it aims to build cars in India

BYD, in partnership with a local firm, submitted a $1 billion investment proposal last year to build electric vehicles in India. But New Delhi is yet to approve the plan

PepsiCo cuts sales forecast as customers limit spending on snacks, sodas

The packaged food giant now expects fiscal 2024 organic sales to grow in a low single-digit range. It had previously forecast a 4 per cent rise

Dollar eases from 7-week highs as traders weigh Federal Reserve's rate path

The euro inched 0.2% higher to $1.099225, not far from the seven-week low of $1.09515 hit last week. The pound was at $1.31, after hitting a three-week low of $1.30595 on Monday

Hyundai India to open $3 billion IPO at Rs 1,865-1,960 price band: Report

The $3 billion IPO will open for subscriptions for big institutional investors on Oct 14, and invite bids from retail and other categories during Oct 15-17

Israel begins ground operations in southwest Lebanon despite Iran's warning

Israel has been weighing options to respond to Tehran's ballistic missile attack last week, carried out in response to Israel's military action in Lebanon

China imposes deposits on EU brandy in tit-for-tat after EV tariff vote

As of Oct 11, importers of brandy originating in the EU will have to put down security deposits mostly ranging from 34.8 per cent to 39.0 per cent of the import value, the ministry said

Malaysia hopes EU legislators will be accommodative on sustainable policies

n the engagements we have made with EU, we are ready to comply. We just need a little bit more time for our small holders... the government will assist them to comply

Airlines suspend flights in region as tensions in Middle East rise

Rise in concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region

Israel expands offensive in Lebanon; kills Hezbollah official: Report

The military said the strike killed Suhail Husseini, who it said was responsible for overseeing logistics, budget and management of the militant group

Foxconn building world's largest Nvidia superchip manufacturing facility

Benjamin Ting, Foxconn senior vice president for the cloud enterprise solutions business group, said the partnership between his company and Nvidia was very important

As Nike struggles, Adidas must surf Samba, Gazelle wave with caution

At half-year results on July 31, Adidas CEO Gulden said the brand was still 'chasing demand' from retailers, but, more than a year into the trend, the Samba won't remain the 'it shoe' for much longer

China is 'fully confident' of achieving economic, social goals in 2024

To support local governments, China will issue 100 billion yuan ($14.12 billion) from next year's central budget and another 100 billion yuan for key investment projects by the end of this year

Fed's Williams says appropriate again to cut rates 'over time': Report

On Friday, government data showed an unexpectedly strong job market, which called into question widespread concerns the labor sector was weakening

Category 5 hurricane Milton threatens an already battered Florida

The densely populated west coast of Florida, still reeling from the devastating Hurricane Helene less than two weeks ago

Israel-Hezbollah fighting intensifies, Hamas pledges to rise again

Hamas, which has seen the Palestinian territory of Gaza laid waste by Israel's war, vowed to rise like a phoenix