This sharp contraction in overseas shipments has been attributed by industry officials and analysts primarily to the implementation of new trade measures by the US, a key export market. These US restrictions have effectively curbed the flow of Indian-manufactured solar modules across the Pacific.In response to this significant obstacle in the…
On Monday, investors urged BHP to drop its pursuit of Anglo American and instead focus on its established growth strategy. This advice comes after the Australian firm’s recent, last-ditch effort to acquire the London-listed company, which is nearing completion of a merger worth almost $60 billion with Canada’s Teck Resources, according…
India’s Hindustan Aeronautics Ltd (HAL) shares fell as much as 4.13% to Rs 4,405 on Monday, heading for its steepest single-day decline since April 7, after an Indian Air Force (IAF) Tejas fighter jet crashed during an aerial display at the Dubai Airshow. The stock opened at Rs 4,425 apiece…
Qube Holdings Ltd shares surged to a record high on Monday after the Australian logistics company revealed it had received a non-binding takeover proposal from Macquarie Asset Management valuing the firm at an enterprise value of AU$11.6 billion (US$7.49 billion). The cash offer of AU$5.2 per share represents a nearly…
TotalEnergies is preparing to divest up to a 6% stake in Adani Green Energy Ltd (AGEL), reported The Economic Times, citing people familiar with the matter. The move marks a significant development in the long-standing partnership between the French energy major and the Adani Group’s renewable arm.TotalEnergies currently holds nearly…
On Monday, European Union ministers plan to press senior US trade officials to implement further aspects of the July EU-US trade agreement. Specifically, they will advocate for the US to reduce tariffs on EU steel and eliminate duties on European products like wine and spirits.US Commerce Secretary Howard Lutnick and US…
As the war between Russia and Ukraine drags on, with the latest conflict reaching its 4-year mark, an abrupt “peace plan” appeared out of nowhere.This “28-point peace plan” was drafted in back-channels between the US and Russia, and was then presented to the rest of the world with a deadline.What…
India’s top court has introduced a rare turning point in the country’s approach to large financial crime cases by allowing billionaire brothers Nitin and Chetan Sandesara to avoid criminal prosecution if they repay part of what they owe. The decision is tied to a long-standing $1.6 billion bank fraud case…
The FTSE 100 Index has come under intense pressure in the past few days as global stocks have become highly volatile. It dropped to a low of £9,540, down by over 4% from its highest point this year. This article explores some of the top FTSE 100 stocks to watch…
Bayer shares surged on Monday after the company reported encouraging late-stage clinical trial results for its experimental cardiovascular drug asundexian, offering a rare boost for a pharmaceutical division that has struggled with setbacks and mounting litigation costs. The stock rose more than 9% and traded at €30.30—its highest level in…