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GE Aerospace and India's Hindustan Aeronautics Ltd. have agreed upon technical specifications to co-produce fighter-jet engines. This agreement moves closer to a deal that would transfer high-end US military technology to India. GE and HAL…
The shares of oil marketing companies (OMCs) increased up to 5% on Wednesday due to renewed hopes for peace talks between Iran and the US. This optimism followed a previous round of talks that failed…
Source: Reuters (via feed) An Oregon lawyer has filed a whistleblower suit against Thomson Reuters. The lawyer and 169 employees raised constitutional concerns about the company's Homeland Security contracts. The lawyer was fired before filing…
IT services major Wipro is expected to report steady revenue performance but a decline in profitability for the March quarter. Wage hikes, acquisition-related costs, and weak discretionary spending are likely to weigh on margins despite…
Australian shares edged higher on Wednesday as investors cheered the prospect of renewed peace talks between the U.S. and Iran. Crude supply worries lingered with the Strait of Hormuz still largely shut. Markets tempered their…
The second generation of the Noise Master Buds, developed in partnership with Bose, offers notable improvements. The price has increased to ₹ 7,999 from ₹ 5,499, but the value proposition remains unchanged. The design features…
Source: Reuters (via feed) Donald Trump and Narendra Modi spoke by telephone on Tuesday, Indian media reported. The call lasted nearly 40 minutes. No further details about the conversation were included in the report. BizTrendWire…
Source: Reuters (via feed) Two arms brokers arranged illegal deals to supply ex-Soviet surface-to-air missile systems to South Sudan. They also arranged deals to supply fighter jets to Libya during its civil war, British prosecutors…
Source: Reuters (via feed) Citigroup's first-quarter profit rose 42%. Geopolitical tensions fueled market volatility. This volatility lifted trading revenue. Investment banking fees were strong due to dealmaking. BizTrendWire Insight: Citigroup's profit increase directly relates to…
U.S. wholesale prices surged last month as the Iran war drove up the cost of energy. Excluding volatile food and energy prices, core producer prices rose a modest 0.1% from February and 3.8% from a…
The Nifty 50 recovered sharply from the day’s low and closed with a loss of 0.86 percent on April 13, following the breakdown of peace talks on Sunday. The near-term technical setup remains healthy, as…
Source: Reuters (via feed) Blessing Muzarabani has been banned from the Pakistan Super League (PSL) for two years. The Zimbabwean fast bowler joined the Indian Premier League (IPL) team Kolkata Knight Riders. He had previously…
Source: Reuters (via feed) Companies in Australia and New Zealand are beginning to signal financial strain related to the U.S.-Israeli war on Iran. Source information indicates these pressures arise alongside higher fuel prices. The rise…
Source: Reuters (via feed) Oil prices are expected to reach their peak "in the next few weeks," U.S. Department of Energy Secretary Chris Wright said on Monday. He said this would likely happen once ship…
Source: Reuters (via feed) Donald Trump said that Iran wants to make a deal. The statement was brief and did not include further details. BizTrendWire Insight: Trump’s comment reflects a public statement related to U.S.-Iran…
Source: Reuters (via feed) European Central Bank Vice President Boris Vujcic said on Monday that current energy prices remain closest to the ECB's basic scenario. He stated that these prices should not influence inflation or…
Source: Reuters (via feed) The United States' NATO allies said on Monday they would not get involved in President Donald Trump's plan to blockade the Strait of Hormuz. This decision adds to tensions within the…
Source: Reuters (via feed) Iran has "good contact" with the Indian government on the passage of Indian ships through the Strait of Hormuz. Mohammad Fathali said this on Monday. He also said Iran wants to…
Source: Reuters (via feed) EU Commission President Ursula von der Leyen said on Monday that restoring freedom of navigation in the Strait of Hormuz is of "paramount" importance. BizTrendWire Insight: Ursula von der Leyen’s statement…
Source: Reuters (via feed) Financial services company Rothschild named Gregoire Salignon as the head of its Rothschild Martin Maurel division. The company announced the appointment on Monday. BizTrendWire Insight: The announcement informs market participants of…
Source: Reuters (via feed) Oil tankers are steering clear of the Strait of Hormuz ahead of a U.S. blockade scheduled for Monday. The move follows failed peace talks between the U.S. and Iran over the…
Source: Reuters (via feed) Top finance officials from around the world will meet in Washington this week. The meeting occurs during the war in the Middle East. This conflict delivers a third major shock to…
Source: Reuters (via feed) Russia's defence ministry said on Sunday that Ukrainian troops are violating the Easter truce. Russian forces are observing the declared ceasefire, the ministry said. This statement was reported by Russian news…
Source: Reuters (via feed) Saudi Arabia has restored full oil pumping capacity on its East-West pipeline to about seven million barrels per day. The announcement was made on Sunday. This follows an assessment of damage…
Source: Reuters (via feed) Benin's finance minister Romuald Wadagni is expected to win the presidential election on Sunday. The election outlook is supported by strong economic growth in the country. There is an absence of…
