BUSINESS
US clears path for Nvidia to sell H200s to China via new rule
The Commerce Department said it will review applications for AI chip exports to China on a case-by-case basis, easing a previous US stance presuming denial of any request for permission to sell to customers in the Asian country.
BUSINESS
World Bank boosts 2026 economic outlook, citing ‘notable’ resilience
Real gross domestic product is now projected to rise by 2.6% in 2026, up from a June forecast of 2.4%, the Washington-based lender said in a report Tuesday.
BUSINESS
Netflix weighs amending Warner Bros. bid to make it all cash
Under the original agreement, Warner Bros. shareholders were to receive $23.25 in cash and $4.50 in Netflix common stock, with certain adjustments in place if shares of the streaming giant fall below $97.91.
BUSINESS
Asian shares post small gain, Yen weakens past 159
The Nikkei 225 Stock Average advanced 0.9%, with the Japanese currency slipping past the 159-per-dollar level to the weakest since July 2024. Shares in South Korea edged up, having posted a gain on every trading day of 2026.
BUSINESS
Pentagon to invest $1 billion in L3Harris missile unit
L3Harris said it will keep a controlling interest in the Missile Solutions business. The company’s shares rose as much as 6.1% in morning trading.
BUSINESS
Two oil tankers attacked near key CPC terminal in Black Sea
The attacks risk further disrupting loadings at CPC, where planned shipments have already plunged due to bad winter weather and a mooring damage in a November drone strike.
BUSINESS
JPMorgan weighs top rival bankers to lead India expansion drive
Among those who have been approached are Sonjoy Chatterjee, Goldman Sachs Group Inc.’s India chief executive officer and chairman, and Pramit Jhaveri, who formerly led Citigroup in the country until 2019, according to the people.
BUSINESS
Capital One, Amex shares sink on Trump's credit-card threat
President Donald Trump called on credit-card companies to cap interest rates at 10% for a year, a move that could wipe out billions in profits for one of the banking industry’s biggest businesses.
WORLD
BBC defends documentary targeted by Trump in $10 billion suit
The BBC on Monday asked a federal judge in Miami to pause the exchange of evidence in the suit, filed last month, until a ruling is issued on the broadcaster’s motion to dismiss the case, which is due in March.
COMMODITIES
Gold steadies after surging on worries over Fed independence
Citigroup Inc. upgraded its near-term outlook to see gold at $5,000 an ounce and silver at $100 an ounce in the next three months, given heightened geopolitical risks, physical shortages and renewed uncertainty about Fed independence.
MARKETS
Asian shares rise on valuations, dollar declines
Asian shares, relatively cheaper after three years of gains, face key risks this week from US inflation data and a possible Supreme Court ruling on President Donald Trump’s tariffs.
BUSINESS
Nvidia to invest $1 billion in AI drug laboratory with Eli Lilly
The investment is the latest example of Nvidia using its newfound financial might to cultivate fresh markets for its products.
BUSINESS
Paramount sues Warner Bros Discovery, aims to nominate directors to board
Paramount accused Warner Bros of failing to disclose how it values the cable-TV assets that the company plans to spin off before selling the studios and streaming business to Netflix
WORLD
US Fed subpoenas revive ‘sell America’ trade on autonomy concerns
For investors, the escalation sets the stage for heightened market volatility given the potential impact for long-term monetary policy
WORLD
Heineken CEO steps down as slumping beer sales hurt brewer
Van den Brink, 52, will stand down on May 31 after six years at the helm of Heineken, and more than 28 years at the Dutch company in total
BUSINESS
Gold and silver storm to records as Fed fight, Iran spur demand
Precious metals are at the center of a powerful upward re-rating on a confluence of tailwinds that has supercharged demand.
WORLD
Denmark, Greenland to hold talks with US on Wednesday, TV2 says
Denmark’s Foreign Minister Lars Lokke Rasmussen and his Greenlandic counterpart Vivian Motzfeldt are set to attend the meeting, the Danish broadcaster says, citing a calendar from the US Department of State, which also notes that changes to the schedule may occur.
BANKING
Deutsche Bank’s $2.5 billion India retail assets draw final bids
Negotiations with Kotak, founded by billionaire Uday Kotak, and Blackstone Inc.-backed Federal Bank are ongoing and could still fall through
INDIA
Germany's Friedrich Merz eyes India business, defence deals in first Asia trip
Merz met his counterpart, Narendra Modi, on Monday in Ahmedabad, located in prime minister’s home state of Gujarat
BUSINESS
Surging stock listings turbocharge India’s IPO fees to a record
The average fee paid to bankers for IPOs rose to 1.86% of a deal’s value, versus 1.67% a year earlier, according to capital-markets data provider LSEG
WORLD
The sneaker boom had a long run. Now some analysts say it’s over
Now the future of that longstanding sneaker boom is being called into question, most notably by Bank of America analysts led by Thierry Cota
WORLD
Meta shuts 550,000 accounts on Australia’s kids social media ban
The social media giant has closed around 330,000 Instagram accounts, 173,000 Facebook accounts and almost 40,000 Threads accounts
COMPANIES
Prudential Financial is said to mull India asset manager sale
PGIM Inc., the investment management business of US-based Prudential Financial, has tapped EY to advise on the potential sale of its asset management subsidiary in India
WORLD
Iran edges closer to a revolution that would reshape the world
Iran has warned that if it’s attacked, American assets in the region — where it has deep commercial ties and tens of thousands of troops stationed — and Israel will be “legitimate targets for us.”
