Reuters

Iran allows some Chinese vessels to transit through Hormuz Strait

The Fars report came as U.S. President Donald Trump, who is on a state visit to China, agreed with the Chinese leader Xi Jinping that the Strait of Hormuz must be open for the free flow of energy

Markets rally on optimism over earnings, progress in US-China trade talks

Sensex and Nifty rebound after four sessions of losses, aided by gains in banking stocks and improving global sentiment

HAL Q4 results: Net profit rises 5.5% to ₹4,196 crore, revenue up 1.7%

The company's net profit rose to ₹4,196 crore ($438.32 million) for the quarter ended March 31, from ₹3,977 crore a year earlier

Unimpeded maritime flows vital for global economic well-being: Jaishankar

Jaishankar was speaking at the start of a two-day meeting of ‌Brics foreign ministers in New Delhi

China's view on Elon Musk: Visionary, occasional villain, still influential

While Tesla is being hit by local electric vehicle makers on technology and price, the company and Musk remain influential in China

Havana faces up to 22-hour blackouts as Cuba runs out of diesel, fuel oil

Only a single large oil tanker, the Russian-flagged Anatoly Kolodkin, has delivered crude oil to Cuba since December, providing temporary relief to the island in April

Asian stocks rise on AI enthusiasm as investors await Trump-Xi meeting

Japan's Nikkei was perched at a new all-time peak with data showing AI-linked demand partly helped lift earnings for Japanese firms

Air India flight cuts pave way for Lufthansa, Cathay expansion in India

Foreign airlines' share of India-origin international scheduled flights rose ‌to 58.4 per cent in March-May, from 51.2 per cent a year earlier, OAG data shows

Oil prices edge higher as investors eye Trump-Xi meeting amid Iran war

Brent crude futures were up 13 cents, or 0.12 per cent, to $105.76 a barrel by 0015 GMT, while US West Texas Intermediate futures rose 12 cents, or 0.12 per cent, to $101.14

Cisco to cut nearly 4,000 jobs in AI-focused restructuring as orders surge

The company said it was making strategic investments in silicon, optics, security and employees' use of AI across the company, as it reduces roles in some areas

India bans exports of raw, white and refined sugar with immediate effect

The ban applies to raw, white and ‌refined sugar and marks a shift in policy from "restricted" to "prohibited", according to a notification

Netanyahu held secret UAE meeting with president during Iran war

According to the statement, the meeting resulted in a "historic breakthrough" in relations between Israel and the UAE

Cipla Q4 results: Net profit falls 54.6% to ₹555 crore, revenue drops 2.8%

Total revenue from operations fell 2.8 per cent to ₹6,541 crore, below the average expectations of ₹6,749 crore, hurt by a sales decline in its key North America market

Meta seeks to avoid EU fine with free WhatsApp access for rival AI chatbots

As part of ongoing discussions with the European Commission, general-purpose AI chatbots operating in the EEA will be given free access to the WhatsApp business API for one month.

Oil prices fall on teetering Iran ceasefire as Trump heads to China

Brent crude futures dropped $1.22, ​or 1.1%, to $106.55 a barrel at 0410 GMT while US West Texas Intermediate futures fell $1.16, or 1.1%, to $101.02

Stopping Iran's nuclear program outweighs Americans' economic pain: Trump

Trump framed his approach as a matter of national and global security, suggesting economic concerns were secondary to preventing nuclear proliferation

India set for record DAP import in single tender amid supply fears

The purchases, equivalent to about a quarter of India's annual DAP imports, are likely to tighten global supplies and support prices

Asian markets falter as hot US inflation, shaky Iran ceasefire weigh

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.6 per cent, down for a second day ​as Korean shares fell as much as 3.2 per cent before rebounding

Govt raises import tariffs on gold, silver to 15% to curb imports

The higher duties could ‌dampen demand in the world's second-largest consumer of precious metals, although they may help narrow India's trade deficit and support the rupee

Iran could enrich uranium to weapons-grade if attacked again, says lawmaker

The fate of around 400kg of uranium enriched to 60 per cent , a short technical step from roughly 90 per cent weapons-grade material, remains unclear