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News
Asian AI stocks slide as top lab CEOs call for slower development of tech
1+ hour, 51+ min ago (73+ words) In Taipei, Taiwan Semiconductor Manufacturing Company slipped 1.2 per cent, while in South Korea SK Hynix slid 5.3 per cent and Samsung Electronics fell 3.7 per cent | Image: Bloomberg BRICS Summit 2026: Who’s coming, what’s on the agenda and why it matters US suspends…...
Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz
4+ hour, 31+ min ago (415+ words) Oil prices jumped more than 2 per cent on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline. Brent crude futures rose…...
Best of BS Opinion: A test of how power becomes credible
5+ hour, 39+ min ago (318+ words) Power lasts only when the underlying institutions are credible It is easiest to recognise power in its visible forms: A summit declaration, a vast business empire, a stateâs ability to borrow, a regulatory certificate, or a billionaireâs fortune…...
Saudi Arabia pipeline outage threatens loss of 4% of global oil supply
11+ hour, 45+ min ago (426+ words) Saudi Arabia has enough oil stocks at key ports to sustain exports for only a few days, raising the risk of a major supply loss if its East-West Pipeline does not restart soon...
Trump says US could stay in Iran and keep oil, like Venezuela deal
11+ hour, 53+ min ago (256+ words) US President Donald Trump said Washington could remain engaged in Iran and keep its oil, drawing a parallel with the US deal in Venezuela, while predicting the war would end this year President Donald Trump suggested on Sunday that the…...
Showy summitry | Editorial Comment
14+ hour, 6+ min ago (215+ words) Outcomes of the Brics summit exceeded expectations The pomp and circumstances around the 18th Brics summit in New Delhi surpassed the modest expectations from the meet, which India hosted for the fourth time The adoption of the declaration itself must be…...
Iran Prez Pezeshkian slams West over sanctions' impact on global welfare
17+ hour, 39+ min ago (607+ words) Brics must expand trade in national currencies and work towards an inclusive global economic framework as excessive dependence on existing financial and trade systems has made emerging economies vulnerable to political shocks, Iranian President Masoud Pezeshkian said on Sunday. In…...
Brics summit joint statement takes aim at US war, tariffs and sanctions
21+ hour, 55+ min ago (644+ words) Business Standard...
Murmu Calls for Dialogue, Diplomacy in Meeting With Iran's Pezeshkian
1+ day, 18+ hour ago (150+ words) President Droupadi Murmu on Saturday met her Iranian counterpart Masoud Pezeshkian during which she reiterated India's commitment to the pursuit of enduring peace in the region and called for conflicts to be resolved through dialogue and diplomacy. President Murmu's remarks…...
Oil prices set to end week above $100 for first time in nearly 4 months
3+ day, 4+ hour ago (390+ words) Oil prices rose on Friday and both major benchmarks are on track to end the week at over $100 a barrel for the first time since mid-May, as increasing attacks along key shipping routes in the Middle East fuel fears of…...