WORLD
Russian oil most discounted since 2023 on western sanctions
The average discount of Urals oil from the country’s western ports ballooned to $30.62 below the global benchmark Dated Brent on Friday
WORLD
Xi gains leverage before Trump summit after tariff reversal
Weeks before Trump lands in Beijing on March 31, the first trip by an American president since his last visit in 2017, the Supreme Court invalidated his broad emergency tariffs — a key point of leverage over China
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
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
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
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
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
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.
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
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
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
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
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.
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.
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
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.
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.
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
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
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.
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.
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.
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.
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.
