Trump doubles tariffs on India over Russian oil imports
White House links energy trade to Ukraine war as US-India ties hit new low
Honda reports 50% drop in Q1 profit, raises full-year forecast despite tariff impact
Stronger yen and U.S. tariffs weigh on Honda's quarterly results, but revised forecast signals optimism for the year
OpenAI eyes $500 billion valuation in potential employee share sale, source says
$500 billion will be eye-popping bump-up from OpenAI’s current valuation of $300 billion; Tech giants competing intensely to recruit and retain AI talent
India holds rates as expected but flags risks from US tariffs
New Delhi faces 25% tariff on its shipments to the US; President Trump also warned of "very substantial" additional levies due to oil imports from Russia
Oil prices rebound from 5-week low on Trump threats on Russian crude buyers
Brent and WTI futures rise 0.4% to $67.93 and $65.44 a barrel, respectively; OPEC+ plans September output hike of 547,000 barrels per day
Two Chinese nationals in California accused of illegally shipping Nvidia AI chips to China
Two Chinese nationals in California were arrested and charged with illegally shipping tens of millions of dollars' worth of AI chips to...
Asian shares track Wall Street lower, dollar rangebound
U.S. services sector activity unexpectedly flatlined in July; Second-quarter earnings results also revealed pressure from Trump's tariff wars
FTSE edges higher as earnings cheer offsets U.S. data jitters ahead of BoE decision
Upbeat results from Diageo, Smith+Nephew, and BP lift market sentiment, while investors brace for rate cut amid weak UK orders and U.S. tariff uncertainty
Trump threatens steep tariff hike on India over Russian oil imports
U.S. president accuses India of “fuelling the war” in Ukraine, as New Delhi defends purchases amid global oil market concerns
EU-U.S. tariff deal lifts European earnings outlook, easing trade war fears
Forecasts for Q2 profit growth rise to 3.1% after EU trade agreement, but firms still brace for fallout from Trump’s wider tariff push
U.S. trade deficit narrows sharply as China gap hits 21-year low amid Trump’s sweeping tariffs
Imports plunge, services sector softens, and inflation concerns rise as tariffs reshape global trade and domestic business planning
Japan clinches $6.5bn warship deal with Australia in historic defence export
Tokyo's Mitsubishi Heavy Industries to build frigates under landmark agreement, marking Japan’s biggest arms export since lifting military ban
U.S. trade deficit narrows by 16% in June as imports decline
The drop in imports, including consumer goods, reflects the impact of President Trump's tariffs on trading partners
Abu Dhabi’s MGX plans to raise up to $25 billion to boost AI investments
MGX explores raising capital from strategic investors to expand its artificial intelligence portfolio, with Mubadala and G42 as key backers
EU goods face 15% tariff in U.S., with exceptions for select products
EU official clarifies that 15% tariff includes all goods except steel, aluminium, pharmaceuticals, and semiconductors