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Indian crude-sensitive shares gain after 13% oil-price decline

InterGlobe Aviation (IndiGo) Current Market Price: ₹5,048 IndiGo stock reflects renewed buying interest following a recovery from recent intermediate lows below the ₹4,600, believes Jain. The broader multi-month structure shows the stock stabilizing after its early 2026 cyclical trough near ₹3,900, continuing to navigate a well-defined horizontal trading corridor, the analyst adds.

Kuwait finance minister holds economic cooperation talks at COMCEC

ISTANBUL: Minister of Finance Dr Yaqoub Al-Rifai discussed ways to strengthen economic and development cooperation with several officials on Tuesday. The talks took place on the sidelines of the 42nd Ministerial Meeting of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organization of Islamic Cooperation (OIC) in Istanbul.

Last news

European equities stumble on UK inflation news

Europe's main stock markets fell Wednesday as official data showed UK inflation slowing sharply but missing analysts' forecasts, dousing hopes of a Bank of England rate cut any time soon.

ECB can start cuts before Fed, says Finnish bank governor

The European Central Bank did not have to take its cues from the US Federal Reserve and could start to lower rates as soon as June, Bank of Finland governor Olli Rehn told AFP.

Asian markets mixed ahead of Nvidia results, Fed minutes

Asian investors struggled Wednesday to revive a recent rally across markets as they turned their focus on the release later in the day of earnings from US tech darling Nvidia.

UK inflation slows to near three-year low

Britain's annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a cost-of-living crunch before this year's general election.

Turkey bets on Togg to give its car industry electric edge

On the shores of the Sea of Marmara, a grey and turquoise factory built at breakneck speed is churning out electric cars by the hundreds.

Asian markets track Wall St record ahead of Nvidia results, Fed minutes

Asian investors fought Wednesday to revive a recent rally across markets as they turned their focus on the release later in the day of earnings from US tech darling Nvidia.

From Libyan hell to migrant boat, two young Bangladeshis are saved

They never thought they would end up in Europe by leaving their native Bangladesh.

Mexican feminists torn over prospect of first woman president

Mexico appears almost certain to elect its first woman president on June 2 -- a prospect that divides opinion among women's rights activists in a country with a long history of macho culture.

OpenAI says AI is 'safe enough' as scandals raise concerns

OpenAI CEO Sam Altman defended his company's AI technology as safe for widespread use, as concerns mount over potential risks and lack of proper safeguards for ChatGPT-style AI systems.

Brazil drops rice tariffs after flooding hits key farming region

Brazil suspended import tariffs on three varieties of rice Tuesday in the aftermath of devastating flooding in the southern state of Rio Grande do Sul, the country's top producer of the key grain.

Zelensky says Ukraine achieving 'results' in northeast

Ukrainian troops are achieving "tangible" results against Russian forces in the hotspot northeastern Kharkiv region but the frontline situation is "extremely difficult" elsewhere, President Volodymyr Zelensky said on Tuesday.

Istanbul's century-old streetcar gets a makeover

Istanbul's emblematic red and white trams, built over 100 years ago and loved by both locals and tourists, are about to give way to a more modern streetcar.

Children are stars of London's Chelsea Flower Show

Children got a starring role at London's Chelsea Flower show, which opened to the public Tuesday, with a "no adults allowed" garden and a chance to judge six of the biggest showcases.

Stock markets diverge as traders look for fresh impetus

European stock markets fell while Wall Street traded sideways with investors awaiting more signs on the direction of interest rates and an earnings update from US tech giant Nvidia.

Platinum loses shine amid BHP's vast Anglo bid

Platinum prices are rising due to tight supplies although the metal has fallen out of favour as miner Anglo American seeks to offload assets and fight a vast takeover bid from Australian rival BHP.

Apple appeals huge EU fine for music streaming restrictions

Apple is challenging a 1.8 billion-euro ($1.9-billion) fine by the European Union for thwarting access to information about cheaper music streaming services, an EU court said Tuesday.

Stock markets waver as traders look for fresh impetus

European stock markets fell while Wall Street indices were little changed Tuesday as traders awaited more signs on the direction of interest rates and an earnings update from US tech giant Nvidia.

IMF cautions on timing of UK rate cut

The International Monetary Fund on Tuesday said the Bank of England should be mindful over when to start cutting interest rates or risk harming an economy recently out of recession.

Stock markets retreat as traders take profits

Stock markets in Asia and Europe suffered a downturn Tuesday as profit-takers stepped in after racking up gains.

16 top AI firms make new safety commitments at Seoul summit

More than a dozen of the world's leading artificial intelligence firms made fresh safety commitments at a global summit in Seoul on Tuesday, the British government said in a statement.

Strike over Olympics bonuses disrupts Paris trains

Drivers and ticket inspectors on Paris commuter trains launched a one-day strike on Tuesday to pressure management over bonuses for the Olympics this July and August, leading to criticism of union tactics.

Markets retreat as traders take profits, eye commodities' spike

Markets in Asia and Europe suffered a downturn Tuesday after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices.

Crunch time looms for BHP's bid to buy Anglo American

Mining behemoth BHP must overcome major hurdles to salvage its faltering pursuit of rival Anglo American, analysts said Monday as a midweek deadline over the seismic takeover bid approaches.

'Heart of the left': ruling party fights to keep Mexico City

A cable car soars above brightly painted houses, winding streets and evocative murals in a densely populated Mexico City neighborhood pivotal to the ruling party's chances of keeping control of the capital in upcoming elections.

Asian markets slump as traders take profits, eye commodities' spike

Asian markets suffered a downturn Tuesday after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices.

Parent company of Trump's Truth Social posts $328 mln loss

Trump Media and Technology Group, which owns former US president Donald Trump's social media platform Truth Social, lost more than $300 million in the first quarter of 2024, it said Monday.

Sick of tourists, Japan town blocks view of Mt Fuji

A Japanese town began mounting a large mesh barrier at a popular viewing spot for Mount Fuji on Tuesday, in an attempt to deter photo-taking by an ever-growing number of tourists.

Nasdaq and gold hit record highs

The Nasdaq hit a fresh record Monday as leading bourses mostly rose, while gold also scored a new all-time high as the shock death of Iranian President Ebrahim Raisi helped bolster the haven investment.

OpenAI to 'pause' voice linked to Scarlett Johansson

ChatGPT-maker OpenAI on Monday said it was working on temporarily muting a synthetic voice that sounds a lot like that of actress Scarlett Johansson.

Women's tennis signs 'multi-year partnership' with Saudi investment fund

The women's tennis tour (WTA) on Monday announced "a multi-year partnership" with the Saudi Arabian sovereign wealth fund (PIF), emulating a deal made by the men's tour (ATP) in February.

Cargo ship that destroyed Baltimore bridge towed to port

The cargo ship that collided with a Baltimore bridge nearly two months ago, collapsing it and killing six highway workers, was refloated on Monday and towed back into port.

Gold hits record high as Iran shock triggers haven support

The price of gold hit a record high Monday as the shock death of Iranian President Ebrahim Raisi in a helicopter crash boosted support for the precious metal seen as a haven investment.

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Arizona Tribune - Economy (English)