Russia's Foreign Ministry summoned the British ambassador to Russia today in a deepening geopolitical dispute over a nerve agent attack on a former spy in Britain.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
The Trump administration has fired the number two official at the Federal Bureau of Investigation (FBI) accusing him of making an unauthorised disclosure to the media.
Multilateral funding agency Asian Development Bank (ADB) today committed USD 120 million loan for completion of works for double-tracking and electrification of railways tracks along high-density corridors to improve operational efficiency of Indian railways.
The United Nations today published a lengthy experts' report on North Korea's repeated violations of the sanctions it faces over its nuclear and missile programs, including the banned export of nearly USD 200 million worth of goods, diplomats said.
Chinese President Xi Jinping has been "re-elected" for a second five-year tenure today by China's rubber stamp parliament, the National People's Congress, days after scrapping two-term rule for the President paving the way for his lifelong tenure.
Sweden's foreign minister held what she called "good and constructive" talks with her North Korean counterpart today amid growing speculation about a possible meeting in the Scandinavian country between President Donald Trump and North Korean leader Kim Jong Un.
French arms manufacturer Thales will also face corruption charges alongside South Africa's ex-president Jacob Zuma when he appears in court, prosecutors said today, reinstating charges dropped nearly a decade ago.
Bilawal Bhutto Zardari, Chairman of the Pakistan Peoples Party will contest the upcoming general elections from Larkana in Sindh province, a senior party official was quoted as saying by the media today.
British judge hearing the extradition case of liquor baron Vijay Mallya today said that it was “blindingly obvious” that rules were being broken by Indian banks which sanctioned some of the loans to the erstwhile Kingfisher Airlines.
The European Union today published a list of US products it plans to introduce duties on if the 28-nation bloc is not exempted from President Donald Trump's steel and aluminum tariffs.
Former US secretary of state Hillary Clinton, who is on a visit to India, has suffered a hairline fracture on her right wrist after a fall, the director of a private hospital said here today.
Pakistan has failed to take decisive actions against terror groups as sought by the Trump administration, the White House said on Friday.
Observing that the Indo-Pacific strategy is a priority for the Trump Administration, a US official has said that one key aspect of the strategy is to give an alternative to Chinese developmental model to the countries of the region.
A White House official has said that, trade is one aspect of India-US relationship that has the most friction, even as he said that the Trump Administration is looking for a free, fair and reciprocal trade with India.
Former deputy FBI director Andrew McCabe has been fired for misconduct, the attorney general said today, just days before he would have been eligible for full retirement benefits.
Except Premier Li Keqiang, all top posts including the entire Cabinet besides governor of the central bank will be occupied by a new set of officials.
Tri Huynh, a former director of business development, accused Walmart of having betrayed the principles of integrity and honesty espoused by founder Sam Walton in its push to show "meteoric growth" in e-commerce.
The largest U.S. automaker also said roof modules for GM’s self-driving vehicles will be assembled at its Brownstown Battery Assembly plant.
The Key Resolve and Foal Eagle drills held every spring regularly infuriate the nuclear-armed North, which usually condemns them as preparations for invasion and responds with provocations of its own, ratcheting tensions higher.
Without citing sources, the Japanese business daily said that the firms are negotiating a possible deal for Toyota to use Uber's automated driving technology in one of the automaker's minivan models, and that Uber CEO Dara Khosrowshahi had met with Toyota executives in the United States this week.
U.S. Chamber of Commerce President Thomas Donohue said in a statement on Thursday that such tariffs, associated with a probe of China's intellectual property practices, would be "damaging taxes on American consumers."
The report by intelligence analysts at Jane's by IHS Markit said satellite imagery from Feb. 25 showed emissions of non-condensable gases from a stack at the North's experimental light water reactor (ELWR) at the Yongbyon Atomic Energy Research Center, suggesting preliminary testing had likely begun.
The deal includes stakes in the Maui and Pohokura gas fields, and follows the company's sale of its stake in the Kapuni field last year.
Without making any direct connection, a Nike spokeswoman told AFP there had been "conduct inconsistent with Nike's core values and against our code of conduct."