Jaguar Land Rover Automotive Plc (JLR) is restarting production at several UK sites after a major cyberattack halted operations for weeks, disrupting its global manufacturing network. The outage, which began in late August, forced the Tata Motors-owned company to suspend production at factories worldwide, including plants in the UK, China,…
Dow futures remained in flat territory on Tuesday, after Wall Street enjoyed a strong rally that pushed major indexes to record highs.Futures for the Dow Jones Industrial Average were just 29 points up, reflecting a cautious mood after a week that had been driven by excitement over AI breakthroughs and…
Despite India’s push for clean energy, state electricity distributors are entering into long-term agreements with coal-fired power generators. This move is aimed at addressing an anticipated increase in evening electricity demand.Uttar Pradesh, India’s most populous state, and eastern Assam, which recently discontinued clean energy incentives, are both seeking to finalise…
Goldman Sachs announced a significant increase in its December 2026 gold price forecast, raising it to $4,900 per ounce from $4,300. The investment bank attributed this revised outlook to robust Western exchange-traded fund (ETF) inflows and anticipated strong central bank buying.“We see the risks to our upgraded gold price forecast as…
China, the world’s largest crude oil buyer, is dramatically expanding its strategic petroleum reserves, with 11 new sites slated for construction this year and next, signaling an intensified effort by Beijing to secure its energy supply.Of the 11 sites, three are located inland in northern Shaanxi province and southwest Yunnan,…
In a significant and surprising escalation of his protectionist trade agenda, President Donald Trump has announced that all medium- and heavy-duty trucks imported into the United States will be hit with a crushing 25 percent tariff starting November 1. The move, which the president says is necessary to protect American…
Private Equity (PE) is having a moment this year, but it’s a complicated one.Ten years ago, most people outside the industry barely knew what “take-private” meant. Now, buyout funds are behind some of the world’s biggest corporate deals.Recent data point toward record dealmaking, a boom in the secondary market and…
The World Bank has raised its 2025 growth forecast for China, signalling renewed confidence in the world’s second-largest economy amid ongoing trade tensions and domestic challenges. The institution now expects China’s gross domestic product to grow 4.8% next year, up from 4% in its April projection, aligning more closely with…
Shares of US-listed Canadian explorer Trilogy Metals surged as much as 205% in premarket trading on Tuesday after the White House said it would acquire a 10% stake in the company. The move marks a significant step in the Trump administration’s strategy to secure supplies of critical minerals and reduce…
Adani Enterprises’ defence wing, Adani Defence Systems and Technologies, has found itself in hot water again, this time over allegations of import tax evasion related to missile parts.According to an exclusive report by Reuters, India’s Directorate of Revenue Intelligence (DRI) began investigating the matter in March 2025, following claims that…