Bloomberg

Apple CEO praises Chinese developers, partners amid Beijing's pressure

Cook, speaking at the China Development Forum in Beijing on Sunday, praised the innovations of Chinese developers and the automation at the country's manufacturing facilities

West Asia crisis: Hormuz closure forcing Trump, importers to seek solution

The channel has been a focal point since the start of the war, but Iran's geographic and strategic advantages mean the US has been unable to restore traffic

Volkswagen CEO vows more restructuring, sees lessons in China: Report

To avoid costly overcapacity, VW is applying "clear manufacturing cost targets" to all its plants, be they in Germany, Europe or China

PM Modi stresses need for secure shipping in call with Iran's President

PM Modi also condemned attacks on "critical infrastructure" in the region, which he said threaten regional stability and disrupt global supply chains

Meloni faces major test as Italy holds referendum on judicial overhaul

The outcome of the vote will shape the mood ahead of a general election next year, potentially destabilising Meloni, who has led one of Italy's longest-serving governments

Japan says not considering unilateral negotiations with Iran on Hormuz

About 45 Japan-linked vessels remain affected in the strait, a critical artery for global energy supplies, Japan said, adding that the government will take responsibility for their safety

Shockwave of West Asia conflict is rippling through global economy

Every purchasing manager index for which Bloomberg collects estimates is anticipated to show a decline when initial numbers for March are released on Tuesday

Iranian Navy guided Indian LPG tanker through Strait of Hormuz: Report

During the crossing, the officer's ship was in contact with the Iranian navy by radio, he said

US tax refunds rise 11% but still fall short of Trump's $1,000 promise

Refunds averaged $3,623 through March 13, 11 per cent higher than the same point last year, according to data the IRS released Friday

US considering 'winding down' military campaign against Iran, says Trump

Trump's comments came shortly after he ruled out a ceasefire and kept the door open to deploying ground troops, highlighting how he continues to send wildly divergent signals about his objectives

Iran ready to allow Japanese vessels through Strait of Hormuz after talks

Japan relies heavily on West Asia for its oil-imports needs; the war in Iran prompted the Asian nation to release oil from its reserves this month

US, Israeli war airstrikes cripple Iranian rocket, satellite programmes

The Americans and Israelis have targeted infrastructure for satellites and rockets, part of an effort to destroy technology that could be used for weapons programs

Federal judge rejects Trump admin's restrictions on Pentagon reporters

The court ruled in favor of a lawsuit brought by the New York Times, which accused the administration of free speech violations

US charges Super Micro co-founder with smuggling AI chips to China

Super Micro's shares plummeted more than 20% in pre-market trading

India's gas utilities eye market share gains amid LPG shortage crisis

The push underscores the nation's struggles with liquefied petroleum gas, used in more than 330 million homes to cook meals, as well as in industries from steel to automobiles

Donald Trump's Iran war shows the limits of his strike-first strategy

Trump's approach rejects many of the tenets of the American way of war that emerged after the Cold War

Ozempic copies set to crash to $14 in India as generic GLP-1 era starts

Natco Pharma Ltd. plans to sell an injection for semaglutide, the active ingredient in both Ozempic and Wegovy - with prices starting from ₹1,290

Govt mulls real-time Euro FX settlements at GIFT City to boost EU trade

The International Financial Services Centres Authority (IFSCA), which regulates the hub, has approached the government to permit the use of the euro alongside the US dollar for settlements

HDFC Bank chief's exit baffles investors, wipes $7 bn off market value

HDFC Bank spent Thursday trying to explain why Chakraborty, a former senior bureaucrat in PM Narendra Modi's administration, left after almost five years as part-time chairman of the lender

Strikes on Qatar's Ras Laffan LNG plant to reshape the future of gas

The Ras Laffan LNG complex has suffered extensive destruction that will take up to five years to repair