Trump rules out a US diesel export ban
- Trump said the US would not ban diesel exports
- European nations will expand fuel availability within the market
- Lower risk of export curbs supports fuel availability for Indian refiners and fuel buyers
China opens anti-dumping probe into EU chemical imports ahead of trade talks
- China launched an anti-dumping probe into EU imports of p-nitrotoluene
- Beijing rejected claims that state support drives Chinese manufacturers’ competitiveness and threatened countermeasures against EU moves
- Trade diversion or tariff shifts could affect Indian specialty-chemical producers
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5 Indians rescued after Kuwait-flagged tanker hit by projectile in Hormuz
- Five Indian nationals were rescued from tanker MT Kazimah III after it was struck by a projectile
- The Indian Embassy in Oman coordinated the rescue
- Hormuz shipping risks matter to Indian oil importers and shipping companies
Nasdaq hits record as weak US jobs data cools rate-hike bets
- Nasdaq Composite hit a record high after disappointing US jobs data
- Lower Treasury yields and oil prices accompanied the rise; Nike shares fell on its forecast
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140 Indians discharged from Russian army: Govt seeks Moscow update on 55, 'balanced' trade push
- Around 140 Indians have been discharged from the Russian army
- India sought an update from Moscow on 55 Indians
Vast majority of G20 countries reject US stance on excess industrial capacity, forced labour
- Only Mexico and Argentina joined the US statement on forced labour in supply chains
- The vast majority of G20 countries rejected the US stance on excess industrial capacity and forced labour
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Trump declines to reveal next move on Iran, says conflict 'won't be long'
- Trump predicted oil prices would fall once the Iran conflict ends, but gave no details of his next move
- Lower crude prices would help Indian fuel importers but pressure upstream producers such as Oil India
What’s driving the global bond sell-off?
- The most-cited factors behind the global bond sell-off present a mixed picture
- Global bond yields can affect Indian borrowing costs and rate-sensitive stocks
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US Debt Path Leaves It 'Increasingly Exposed': Report
- Scope Ratings warned that large US deficits and rising debt leave the country increasingly exposed to fickle investors
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Piyush Goyal highlights G20 efforts to tackle predatory pricing and overproduction challenges
- G20 ministers discussed curbing the effects of government-backed excess manufacturing capacity
- Global action on excess capacity could affect Indian manufacturers facing predatory pricing
Goyal pitches India as global trade hub, eyes 75-80% of world economy
- India is pursuing free trade agreements with 31 nations
- Piyush Goyal said India is targeting economies representing 75-80% of the world economy
- Trade deals could affect Indian exporters across sectors, including manufacturing and services
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FAA says Boeing 737 Max software glitch poses no safety risk
- FAA said the glitch affecting certain flight computers does not pose a safety risk
- The software issue could affect procedures during certain landings and increase pilot workload
- FAA will hold a safety review on Friday
- Certification progress may benefit Boeing, while reassuring investors in global aviation and airline stocks
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How AI is redefining Wall Street jobs — and boosting demand for this new 'hottest skill' by 1,721%
- Banks are ramping up hiring for AI engineers skilled in coordinating teams of specialized agents
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Saudi Arabia Weighs Multi-Front Offensive Against Houthis: Reports
- Saudi Arabia is weighing a possible offensive against Iran-backed Houthi forces in Yemen
- The plan aims to regain control of the strategic Bab el-Mandeb strait
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Hackers accessed an oil supertanker’s propulsion system near Texas
- Investigators found evidence hackers accessed the propulsion system as the tanker approached Texas
Nasdaq Leads Stocks Higher as Hiring Softens
- Nasdaq led stocks higher as hiring softened
- Bond yields turned higher and oil fell as the G-7 agreed to release diesel and crude
- Lower crude prices can ease costs for Indian oil-marketers, airlines and other fuel-intensive sectors
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North Korea test-fires ballistic missile
- North Korea fired a ballistic missile toward the sea on Saturday
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Russian strike damages Kyiv’s Northern Bridge, halting traffic
- Traffic halted after damage to the bridge surface and trolleybus power lines
- Moscow said it also hit a logistics centre