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India sees more options on US trade deal after tariff ruling

BUSINESS

India sees more options on US trade deal after tariff ruling

New Delhi is not considering backing away from a bilateral trade agreement with the US struck earlier this month

The biggest loser from Trump’s new tariffs could be Britain

WORLD

The biggest loser from Trump’s new tariffs could be Britain

Britain had enjoyed a relatively lower reciprocal tariff rate at 10% compared with other countries — giving it a competitive advantage

Alarmed officials race to tame world-beating India options boom

MARKETS

Alarmed officials race to tame world-beating India options boom

There is growing urgency in New Delhi after the RBI warned that excessive leverage may spark a market shock threatening household finances

Carlsberg said to begin $700 million IPO process for India unit

BUSINESS

Carlsberg said to begin $700 million IPO process for India unit

The offering is expected to consist of a secondary share sale by the parent company and could take place later this year

Indian infrastructure lender secures $125 million loan from HSBC

BUSINESS

Indian infrastructure lender secures $125 million loan from HSBC

HSBC has approved a dollar-denominated, five-year debt facility for NaBFID, priced over the secured overnight financing rate

Bitcoin falls below $65,000 in latest bout of tariff uncertainty

BUSINESS

Bitcoin falls below $65,000 in latest bout of tariff uncertainty

Bitcoin earlier this month wiped out the remaining gains it had seen since Trump won re-election in November 2024.

India, China among winners as US Supreme Court blocks Trump tariffs

BUSINESS

India, China among winners as US Supreme Court blocks Trump tariffs

China, India and Brazil are among those now seeing lower tariff rates for shipments to the US after the court ruled Trump’s use of the International Emergency Economic Powers Act to impose duties was illegal

World leaders scope out US’ next steps after tariff ruling

WORLD

World leaders scope out US’ next steps after tariff ruling

In its 6-3 decision handed down on Feb 20, the US Supreme Court ruled that Trump’s use of a decades-old federal emergency-powers law to impose his so-called reciprocal tariffs was unlawful

Trump pulls endorsement of Colorado Republican over tariff votes

WORLD

Trump pulls endorsement of Colorado Republican over tariff votes

Trump is instead endorsing Hope Scheppelman, a critical care nurse and Navy veteran who previously served as vice chair of the state Republican Party

Here’s how governments are reacting after Trump’s tariff changes

WORLD

Here’s how governments are reacting after Trump’s tariff changes

India said it is studying the implications of the judgment and the subsequent steps announced by the Trump administration

China defies global 'AI scare trade' as investors chase winners

BUSINESS

China defies global 'AI scare trade' as investors chase winners

One key reason for the divergence in investor focus is China’s relatively insulated competitive landscape, where regulatory constraints and geopolitical tensions limit foreign participation by AI-related companies.

Trump threatens Netflix with 'consequences' over Susan Rice board seat

WORLD

Trump threatens Netflix with 'consequences' over Susan Rice board seat

Trump didn’t specify what “consequences” the streaming giant might face, but has criticized other networks for content he doesn’t like and Federal Communications Commission Chairman Brendan Carr has threatened networks’ broadcast licenses.

Why US music instrument makers are celebrating Trump's tariff defeat

WORLD

Why US music instrument makers are celebrating Trump's tariff defeat

The tariffs have been especially painful for manufacturers with fewer than 100 employees, which account for 93% of the roughly 240,000 US industrial firms

After tariff defeat, is Trump’s negotiating power diminished?

WORLD

After tariff defeat, is Trump’s negotiating power diminished?

Trump quickly announced plans to reimpose the duties, but the other means available to him are far less nimble.

DOJ probes Netflix’s power over filmmakers in Warner deal review

BUSINESS

DOJ probes Netflix’s power over filmmakers in Warner deal review

The DOJ is asking questions about Netflix’s ability to leverage its market power in negotiations with independent content creators such movie studios and filmmakers, according to the people.

US Supreme Court draws a line with Trump by curbing tariff powers

WORLD

US Supreme Court draws a line with Trump by curbing tariff powers

The court reasserted itself as a constitutional guardrail and laid out fresh limits on presidential authority

Bitcoin’s $1 trillion identity crisis hits from every direction

BUSINESS

Bitcoin’s $1 trillion identity crisis hits from every direction

The world’s largest cryptocurrency has plunged more than 40% from its peak, and the usual playbook isn’t working

US accepted Iran’s bid to maintain uranium enrichment, says ISNA 

WORLD

US accepted Iran’s bid to maintain uranium enrichment, says ISNA 

Iranian media report that US officials have accepted continued uranium enrichment as part of Geneva talks, focusing instead on technical limits. Negotiations progress amid tensions as Trump weighs military options against Tehran.

Mexico, Canada get exemption to 10% US levy but USMCA risk looms

BUSINESS

Mexico, Canada get exemption to 10% US levy but USMCA risk looms

The USMCA carve-out exemption allows the US to continue to import oil and other resources from Canada and Mexico tariff-free, and avoids greater disruption in the trade of key manufacturing inputs such as automotive parts.

OpenAI flagged Canada suspect eight months before mass shooting

BUSINESS

OpenAI flagged Canada suspect eight months before mass shooting

The artificial intelligence company said that the suspected killer — Jesse Van Rootselaar — had an account that was detected about eight months ago by systems that scan for misuse, including the possible furthering of violent activities.

Donald Trump will travel to China in late March for high-stakes Xi meet

WORLD

Donald Trump will travel to China in late March for high-stakes Xi meet

President Trump will visit China from March 31 to April 2 to meet Xi Jinping amid trade tensions and a recent tariff truce, aiming to extend negotiations on trade, tariffs and economic cooperation.

Emerging markets climb as US Supreme Court strikes down tariffs

WORLD

Emerging markets climb as US Supreme Court strikes down tariffs

Ahead of the ruling, traders digested a batch of data pointing to weaker-than-expected economic activity and persistent inflation in the US economy.

Trump’s options after the Supreme Court said his tariffs are illegal

WORLD

Trump’s options after the Supreme Court said his tariffs are illegal

The court said that Trump exceeded his authority by invoking the International Emergency Economic Powers Act to justify his sweeping “reciprocal” duties targeting America’s trading partners, as well as separate levies aimed at China, Canada and Mexico.

Dollar falls after Supreme Court strikes down Trump’s tariffs

BUSINESS

Dollar falls after Supreme Court strikes down Trump’s tariffs

US Treasury yields climbed after the ruling as traders focused on the revenue from the levies, which has improved the US fiscal position.

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