BUSINESS

The quick commerce sector could also face challenges from thousands of small, family-run shops

In India's Congested Cities, Delivery Apps Cash In

In India's sprawling financial hub of Mumbai armies of "dabbawalas" have for decades crisscrossed the city by foot and bicycle, delivering home-cooked food to office workers who are keen to avoid the searing heat and traffic-snarled streets.
More news
A view of the US Steel Edgar Thomson Works on January 21, 2020, in North Braddock, Pennsylvania

Trump Greenlights Nippon Steel 'Partnership' With US Steel

US President Donald Trump on Friday threw his support behind a new "partnership" between US Steel and Japan's Nippon Steel, sending the American firm's share price skyrocketing on hopes of an end to the long-running saga over foreign ownership of a key national asset.
US-Emirati consortium RedBird IMI struck a deal for The Telegraph in 2023, but the then Conservative government forced a resale

UK Newspaper The Telegraph Set For US Ownership

British right-wing newspaper The Telegraph has agreed a takeover by US investment group RedBird Capital Partners, ending a two-year saga marked by UK government intervention over press freedoms.
Leaders from the 10-member ASEAN bloc will discuss how to cope with the escalating trade showdown between China and the United States

US Tariff Tensions Test Southeast Asian Leaders At Regional Summit

Southeast Asian leaders will express deep concern over US President Donald Trump's tariff blitz when they meet at a summit Monday, warning that the unilateral move posed huge challenges to economic growth and stability in the region, according to a draft statement seen by AFP. Trump's tariffs has roiled global markets and upended international commerce, and left leaders from the 10-member ASEAN bloc scrambling for ways to limit the fallout on their trade-dependent economies.
A spike in Japanese inflation has turned the focus on the country's central bank as it considers its next move on monetary policy

Asian Stocks Bounce Back After Treasury-led Sell-off

Asian equities stabilised Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote.
Lei Jun, co-founder and CEO of Xiaomi, speaks in Beijing on May 22, 2025

Xiaomi Launches New Advanced In-house Mobile Chip

Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop.
It is not certain that Putin would attend talks at the Vatican

Vatican's Diplomatic Arm Eyes Return To Fore With Ukraine Talks

Whether or not Russia and Ukraine peace talks actually take place at the Vatican, the mere suggestion it could play host reflects a fresh diplomatic impetus under new pope Leo XIV. Fresh from his election as the first US pope in history, Leo offered last week to mediate between leaders of countries at war.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.