Trump signals potential tariffs of up to 25% on India
President Donald Trump said Tuesday that India could be subject to tariffs ranging between 20% and 25% as the US moves toward imposing reciprocal levies on trading partners who have…
Sanctions force Nayara Energy tanker contract terminations
Three vessels chartered by India’s Nayara Energy have sought to terminate their contracts, pressured by EU sanctions imposed on the Russian-owned refiner, according to a Reuters report on Wednesday. Nayara Energy,…
Consumer spending in the US is slowing – Is the economy in trouble?
For two years, the American consumer has carried the economy. Even with interest rates at their highest level in two decades, spending kept climbing, job losses never came, and talk…
Rolls-Royce share price sends mixed signals before earnings: buy or sell?
Rolls-Royce share price pumped on Tuesday and was hovering near its all-time high of 1,013p. It has increased by 75% this year, surpassing the FTSE 100 Index, which has risen…
Starbucks stock forecast as CEO hails turnaround: can it hit $116?
Starbucks stock price rose by over 4% after Brian Niccol, its CEO, hailed its turnaround efforts, even as its financial results continued to deteriorate. It rose to $97.20, up by…
LG Energy signs $4.3B battery supply deal
South Korea’s LG Energy Solution has entered into a $4.3 billion battery supply agreement with an undisclosed customer, as per a regulatory filing submitted on Wednesday. The contract, which became…
Interview: SAEL CEO Laxit Awla on closing India’s solar storage gaps and navigating US tariffs
India has set an ambitious target of achieving 500 GW of non-fossil fuel capacity by 2030, including 280 GW from solar energy, as part of its commitment under the Paris…
Consumer spending in the US is slowing – Is the economy in trouble?
For two years, the American consumer has carried the economy. Even with interest rates at their highest level in two decades, spending kept climbing, job losses never came, and talk…
Morgan Stanley foresees volatility for Match, Bumble in Q2 as turnaround remains elusive
Morgan Stanley on Monday warned that it foresees “elevated volatility in key performance indicators and financial metrics” for online dating companies Match Group and Bumble in Q2 and 2025, with…
US needs ‘more negotiations’ with India on trade ahead of Aug 1 tariff deadline, Greer says
The United States’ top trade official has indicated that “more negotiations” will be necessary to secure a trade deal with India, a sobering assessment that comes just days before a…