Nestle abruptly removes CEO over undisclosed relationship with subordinate
Philipp Navratil appointed as new CEO; Ousted CEO will not receive exit package
BYD shares sink as profit falls for first time in three years
China’s EV giant hit by weak sales momentum and government curbs on price war
Trump says India offers zero tariffs on U.S. goods amid Modi’s China-Russia outreach
U.S. president calls trade ties “one sided” as Modi joins Xi and Putin at Shanghai Cooperation summit
Syria resumes oil exports after 14 years with Tartus shipment
New government sends 600,000 barrels abroad as sanctions lifted and port deal signed with DP World
Oil holds in tight range, rising output offsets Russia supply disruptions
Brent crude falls 12 cents, or 0.18%, to $67.36; US West Texas Intermediate drops 13 cents, or 0.2% to $63.88 a barrel
Asia stocks slip on tech pullback, ahead of payrolls test
Nikkei slips, but Wall St futures bounce modestly; Trump tariff policy in doubt after court ruling
Dollar drifts as investors await US labour market indicators
Investors waiting on U.S. jobs data release; Fed expected to lower rates in September, markets leaning toward 25bp cut
Asia factory activity shrinks as US tariffs bite, China bucks trend
China's private survey unexpectedly grows in August; Japan, South Korea, Taiwan PMIs shrink; Analysts expect US tariff hit to intensify in Asia
US ends tariff exemptions on low-value parcels, e-commerce and small businesses face higher costs
US Customs and Border Protection agency collecting duty on all package shipments valued under $800; More than 25 foreign postal services suspend US shipments
Tesla sales fall 40% in Europe while BYD posts strong growth
Tesla records 8,837 new cars in July, BYD sees 13,503 registrations amid rising competition
Indian businesses lead new registrations at Dubai Chamber, Pakistan ranks second
9,038 Indian and 4,281 Pakistani companies joined the chamber in H1 2025, followed by Egypt, Bangladesh, and UK
US dollar slides on Fed rate cut bets, set for 2% monthly drop
Investors await inflation data amid Trump-Fed legal battle and concerns over central bank independence
Ford recalls nearly 500,000 vehicles over brake fluid leak
Company says it has not received any reports of accidents or injuries linked to the issue
Oil prices fall on demand concerns, but headed for weekly gain
US fuel demand expected to ease after Labor Day; Russian supply uncertainty affects market; Russian oil exports to India set to rise despite US pressure
India saved $17 billion with Russian oil imports; Trump’s new tariffs could slash exports by $37 billion, say analysts
Labour-heavy sectors like textiles, gems, and jewellery face major job losses; New Delhi opens to buying more US energy but won’t abandon Russia entirely, say sources