India is preparing a fresh manufacturing strategy aimed at tripling the nation’s exports by 2035, according to a Reuters exclusive. Instead of relying on heavy public spending, the plan is expected to lean on structural reforms to make it easier for companies to build, expand, and operate factories across the…
Shares of Babcock International Group fell sharply on Friday after the company announced that chief executive David Lockwood will retire by the end of 2026, marking the start of a leadership transition at one of Britain’s largest defence contractors.The stock dropped more than 3.8%, making Babcock the worst performer on…
As India approaches another Union Budget, the country’s crypto and Web3 community is doing so with restrained expectations, shaped by years of regulatory ambiguity and a policy approach that has prioritised taxation and oversight over formal recognition.The government has consistently maintained that cryptocurrencies and other virtual digital assets are not…
Europe and defense have been written about relentlessly over the past year. And while the urgency keeps getting louder, actions are still not matching the scale of the problem.January’s events alone, such as troop withdrawals, tariff threats, and Arctic brinkmanship, turned a slow debate about burden sharing into a real…
The European Union’s landmark free trade pact with South American countries is expected to take effect on a provisional basis as early as March, despite a court challenge that could delay full implementation for years, an EU diplomat told Reuters on Thursday.The likelihood heightens the political and economic stakes surrounding…
JBS, the world’s largest meat processor, will expand production capacity at its chicken processing plant in Jeddah in two phases through the end of 2026, the company said in a statement on Thursday.The move forms part of the second phase of expansion at the facility, which was built from the…
European markets steadied after Donald Trump abruptly shelved threatened “Greenland tariffs,” lifting the FTSE 100 and broader Stoxx 600 as investors rotated back toward risk.In the UK, Vanguard undercut Labour’s domestic-investment push by cutting “home bias” across its LifeStrategy range despite fee reductions.Meanwhile, fresh data shows Europe still piled into…
Global markets steadied on Thursday after President Donald Trump abruptly walked back his tariff threat linked to Greenland at Davos, sparking a relief rally in US and European equities, even as the details remain unclear.In corporate news, Procter & Gamble beat profit expectations but missed revenue targets, pointing to softer…
TikTok’s Chinese parent ByteDance has finalized a long-anticipated deal to place the app’s US operations into a new, majority American-owned joint venture, securing US user data and averting a potential nationwide ban. The agreement marks a major milestone after nearly five years of political, legal, and regulatory battles over national…
Asian markets advanced on Friday after the Bank of Japan kept interest rates unchanged, while a weaker US dollar pushed gold and silver to fresh records. The session unfolded against a backdrop of major geopolitical and corporate developments, including a landmark US deal for TikTok, political uncertainty in Japan after…