Lagarde comments at ECB press conference
Source: Reuters (via feed) The European Central Bank kept its key interest rate at 2% on Thursday. The ECB warned that the war on Iran was clouding the outlook for growth in the euro zone.…
Author: info@biztrendwire.com
Exclusive: India’s proposal to preload national ID app Aadhaar on phones faced pushback
Source: Reuters (via feed) India's government proposed in January that companies like Apple, Samsung, and Google consider pre-installing its biometric identification app Aadhaar on smartphones. The proposal was communicated privately to the technology firms. Industry…
U.S. and Israeli war aims in Iran are not the same, Gabbard says
Source: Reuters (via feed) Tulsi Gabbard said Thursday that the United States and Israel have different objectives regarding their military campaign in Iran. She made the remarks during a hearing before the House Intelligence Committee.…
US Senate panel votes to advance Trump Homeland nominee
Source: Reuters (via feed) The US Senate panel conducted a vote related to Markwayne Mullin, a nominee for a Homeland Security position. Video footage of the vote is publicly available. The visual record shows senators…
Iran Strike Damages 17% of Qatar LNG for 3-5 Years, Reuters Says
Source: Reuters (via feed) Iran’s recent attack damaged facilities producing about 17% of Qatar’s liquefied natural gas export capacity. This information was provided by QatarEnergy’s chief executive officer. The report was mentioned by Reuters. The…
Despite Trump comments, Israeli officials say US knew of Iran gas field strike
Source: Reuters (via feed) Israel's attack on an Iranian gas field on Wednesday was coordinated with the United States. Three Israeli officials said this on Thursday. U.S. President Donald Trump said he knew nothing about…
Joint statement on Strait of Hormuz by European nations and Japan
Source: Reuters (via feed) Leading European nations and Japan issued a joint statement on Thursday. They said they were ready to join appropriate efforts to ensure safe passage through the Strait of Hormuz. The statement…
Exclusive: Iran attack damage wipes out 17% of Qatar’s LNG capacity for three to five years, QatarEnergy CEO says
Source: Reuters (via feed) QatarEnergy CEO Saad al-Kaabi said Iran's attacks have damaged facilities producing 17% of Qatar’s liquefied natural gas export capacity. He gave this information in an interview with Reuters on Thursday. According…
France’s Macron and India’s Modi discuss need for de-escalation in the Middle East
Source: Reuters (via feed) French President Emmanuel Macron and Indian Prime Minister Narendra Modi discussed the need to reduce tensions in the Middle East on Thursday. Both leaders shared information about their discussion on their…
US may remove sanctions on Iranian oil stranded in tankers, Bessent says
Source: Reuters (via feed) The U.S. may soon remove sanctions on Iranian oil stranded on tankers, U.S. Treasury Secretary Scott Bessent said on Thursday. Bessent stated that lifting the sanctions could help increase global oil…
US objectives in Iran have not changed, Hegseth says
Source: Reuters (via feed) U.S. Defense Secretary Pete Hegseth said on Thursday that the United States' objectives in the war against Iran have not changed since strikes started on February 28. BizTrendWire Insight: The statement…
Bank of England policymakers unanimously keep rates on hold in face of war risks
Source: Reuters (via feed) The Bank of England's nine rate-setters voted unanimously to keep borrowing costs on hold. They cited inflation risks linked to the war in the Middle East. Some policymakers mentioned the possibility…
UK and Nigeria agree billion-dollar export finance deal to refurbish ports
Source: Reuters (via feed) Britain and Nigeria announced a £746 million ($990.32 million) export finance deal on Thursday. The funding is for the redevelopment of two of Nigeria's main trading ports. The deal aims to…
India recommends anti-dumping duty on Chinese chemical used in dye industry
Source: Reuters (via feed) India’s trade ministry has recommended imposing anti-dumping duties on imports of a key industrial chemical from China. The recommendation follows an investigation into pricing below fair market value. The low-priced shipments…
UniCredit to trim up to 400 IT jobs in Germany as it cuts costs and streamlines
Source: Reuters (via feed) Italian bank UniCredit plans to cut up to 400 technology jobs in Germany. The company said the move aims to reduce costs and streamline operations. UniCredit announced this on Thursday. The…
India’s auto boom at risk as Iran-Israel war chokes gas supplies, straining supply chains
Source: Reuters (via feed) India's automakers and parts suppliers are bracing for production slowdowns and assembly-line disruptions. These challenges are linked to reduced gas availability caused by the Iran conflict. The shortage poses a threat…
UBS CEO attacks ‘fearmongering’ over bank regulations
Source: Reuters (via feed) UBS CEO Sergio Ermotti said on Thursday that much of the trust Switzerland gained from managing the Credit Suisse crisis three years ago has been jeopardised. He said this was due…
Gas field grief
Source: Reuters (via feed) The image accompanying the report depicts a scene related to gas fields. The article provides a visual from a Reuters source showing conditions in the energy sector. The caption reads "What…
Exclusive: Airbus seeks Pratt & Whitney damages over engine delays, sources say
Source: Reuters (via feed) Airbus is pursuing potential damages from Pratt & Whitney over late engine shipments. Two people familiar with the matter said Airbus is ramping up pressure on the U.S. engine maker. The…
US auto safety regulator intensifies probe in Tesla vehicles with FSD
Source: Reuters (via feed) The U.S. National Highway Traffic Safety Administration has intensified its probe into Tesla vehicles. The investigation now involves a detailed engineering analysis. It covers millions of Tesla’s vehicles equipped with a…
India in talks with Russia, Belarus, Morocco to boost fertiliser imports, sources say
Source: Reuters (via feed) India is in discussions with Russia, Belarus, and Morocco to raise fertiliser imports. Government and industry sources provided this information. These talks happen against a backdrop of supply risks from Middle…
Spanish prosecutor seeks more than $200 million fine on BBVA over spying allegations
Source: Reuters (via feed) Spain's anti-corruption prosecutor has requested a fine of 181.8 million euros ($208.16 million) against BBVA. The fine relates to the bank's alleged role in a spying scandal. This information is based…
India’s JSW unit seeks government help to secure gas supplies amid shortages
Source: Reuters (via feed) India's JSW Steel Coated Products, a unit of JSW Steel, has sought government intervention to secure supplies of liquefied natural gas and propane. The request is intended to prevent output disruptions…
Novo Nordisk patent expiry opens door to cheaper weight-loss drugs in India
Source: Reuters (via feed) India's market for diabetes and weight-loss drugs is facing change. Danish drugmaker Novo Nordisk's patent on semaglutide expires this week. This expiry triggers a wave of cheaper generic drugs from local…
Iran crisis lifts India bottled water prices, erasing Modi tax cut gains
Source: Reuters (via feed) The Iran war has led to an 11% increase in bottled water prices in India. This rise follows a surge in prices for plastic bottles and caps. The increase has erased…