World Business NewsEgypt’s urban inflation rises to 16.8 percent in May
Core inflation, which excludes volatile items like fuel and some food, increases to 13.1% year on year in May from 10.4% in April

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World Business NewsCore inflation, which excludes volatile items like fuel and some food, increases to 13.1% year on year in May from 10.4% in April
World Business NewsIndonesian Deputy Defence Minister says the government is evaluating the J-10 on system compatibility, after-sales support, and price
AutomobileToyota Motor says the deal considers minority shareholders' interests and includes a share buyback through a tender offer
AutomobileBMW says supplier network affected, while Mercedes is looking for 'buffers' to protect supplies
AutomobileThe company is under pressure from a growing number of cheaper, high-performance models from Chinese rivals, especially BYD
TechThe program is designed to boost information sharing on AI-based threats and help prevent or disrupt attacks
TechReliance Jio and Bharti Airtel warn that low fees for satellite internet providers like Starlink could hurt traditional telecom businesses
EconomyRising imports and faltering exports push cumulative FY25 deficit to $24bn
EconomyExternal liabilities stay pressured; Permanent debt, PIBs drive double-digit growth in domestic borrowing amid fiscal pressures
AutomobileHyundai and Kia invest $300 million in Ola Electric in 2019 to work on electric vehicles and charging infrastructure
HeadlinesRailways reforms gain traction with solar transition, revived routes, and outsourcing
World Business NewsDollar index is little changed at 99.194, close to its lowest level since late April