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Crude oil rises to 3-week high as investors eye Trump statement on Russia

Brent crude futures rose 58 cents, or 0.8 per cent, to $70.94 a barrel by 0900 GMT, while U.S. West Texas Intermediate crude futures climbed 59 cents, 0.9 per cent, to $69.04

South Korea to order fuel switch checks on Boeing jets after AI171 crash

A spokesperson for the South Korean transport ministry said the checks were in line with a 2018 advisory from the FAA, but did not give a timeline for inspections

Inbrew, Tilaknagar scout private debt raise in race to buy Imperial Blue

The companies are looking to raise around $500 million each and have reached out to private credit funds to back their acquisition

China's exports regain momentum in June as Trump tariff deadline nears

China's rare earths exports rose 32 per cent in June from May, according to customs data, suggesting that recent agreements to ease the flow of these critical metals may be showing results

Trump admin defends immigration policies after California worker's death

Trump has vowed to deport millions of people in the country illegally and has executed raids at work sites including farms that were largely exempted from enforcement during his first term

Wall Street, Asian stocks slip as Trump's tariff threats rattle investors

Trump on Saturday said he would impose a 30 per cent tariff on most imports from the EU and Mexico from August 1, even as they are locked in long negotiations

SpaceX commits $2 billion to xAI as Musk steps up AI ambitions: Report

The investment follows xAI's merger with X and values the combined company at $113 billion, with the Grok chatbot now powering Starlink support

Air India crash probe: US FAA and Boeing notify fuel switch locks are safe

The FAA's Continued Airworthiness Notification on July 11 came after a preliminary report on Friday into last month's Boeing 787-8 crash

Nvidia CEO Jensen Huang to hold media briefing in Beijing on July 16

Nvidia's market value topped $4 trillion for the first time last week, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology

India eases sulphur norms for coal plants, reversing decade-old mandate

The mandate to install FGD for another 11% of the plants near populated cities would be taken on a case-to-case basis

Explainer: What are the fuel switches at the centre of AI 171 crash probe?

Flight data shows both engine switches moved from 'RUN' to 'CUTOFF' seconds after takeoff, one after the other within a second, causing both engines to lose power

EU braces for Trump's next tariff move as trade tensions escalate

Since inauguration day in January through June have shot past $100 billion - equal to or greater than the largest annual take ever from customs duties

Oil prices edge higher as markets watch supply risks and demand outlook

Brent crude futures were up 40 cents, or 0.58 per cent, at $69.04 a barrel as of 1027 GMT. US West Texas Intermediate crude ticked up 45 cents, or 0.68 per cent, to $67.02 a barrel

Prada explores collaboration with Indian footwear artisans after sandal row

The furore even saw sales of Indian sandals boom, with sellers and artisans seeing the controversy as a way to promote the heritage craft by tapping into nationalist pride

Canada records surprise job gains in June as unemployment rate dips to 6.9%

The economy added 83,100 new jobs in June, the first net increase since January, Statistics Canada said. Most of the employment growth was in part-time work

Trump's 50% tariff on Brazilian goods could increase US burger prices

Proposal is a blow to US meat companies also facing tighter cattle supplies due to a halt of livestock imports from Mexico over New World screwworm, a flesh-eating pest spreading south of the border

Assam halts green hydrogen policy; investors reassess plans: Report

Assam's decision to pause the green hydrogen policy surprised some of the companies, forcing them to recalibrate potential returns and investment plans worth millions of dollars, three of the sources

Mercedes-Benz India's Q1 sales reach record high on luxury EV demand

Sales of top-end models, like the S-Class and the Mercedes-Maybach portfolio, rose 20per cent between April and June, while EV sales jumped than two-fold to form 8% of Mercedes-Benz India's sale

UK economy shrinks again in May, raising new worries amid global headwinds

Gross domestic product declined by 0.1 per cent after a 0.3 per cent drop in April, the Office for National Statistics said

Google to offer heavy discount for cloud computing services to US govt

In April, Google agreed to offer a 71% discount till September 30 to US federal agencies for its business apps package that could generate up to $2 billion in savings if there is govt-wide adoption