FDI during the last fiscal year grew 14% compared to 2023–24 (USD 71.3 billion). Equity inflows, reinvested earnings, and other capital together pushed total inflows to USD 81.04 billion. India continues to attract strong foreign direct investment (FDI), with inflows reaching USD 81 billion in 2024–25, the highest in three years, Commerce and Industry Minister…
SHANGHAI, June 10 (Reuters) – Some of China’s top beauty brands such as Proya and S’Young are exploring acquisitions of smaller foreign rivals to expand their portfolios and replicate the success of global leaders like L’Oreal or Estée Lauder amid slowing growth at home. While still relatively unknown internationally, these Chinese brands have found significant…
TAIPEI, June 10 (Reuters) – The United States should treat Taiwan like a partner and not an adversary, remove new and proposed tariffs, restore high-level cabinet visits and agree a double taxation deal, the American Chamber of Commerce in Taiwan said on Tuesday. Taiwan, which China views as its own territory, enjoyed strong support from…
Expanding missile threats and airspace closures are straining airlines NEW DELHI, June 4 (Reuters) – Proliferating conflict zones are an increasing burden on airline operations and profitability, executives say, as carriers grapple with missiles and drones, airspace closures, location spoofing and the shoot-down of another passenger flight. Airlines are racking up costs and losing market…
The row between US President Donald Trump and billionaire Elon Musk over a major spending bill has exacerbated uncertainty over the future of Nasa’s budget, which was already facing deep cuts. The White House had requested huge cuts to the space agency’s budget, which would see funding for science projects cut by nearly a half….
The owner of CNN and HBO Max, Warner Bros Discovery, says it will split into two companies by the middle of next year. The US media giant plans to separate its studio and streaming business away from its more traditional cable television networks. The move comes as streaming services attract hundreds of millions of users…
Details of the meeting have not yet emerged, though a source told FOX Business the discussions lasted nearly seven hours and prompted the delegations to order dinner in, as they continued negotiations. Treasury Secretary Scott Bessent described the event as a “good meeting,” while Commerce Secretary Howard Lutnick said it was “fruitful.” The meeting, which will…
U.S.-China trade talks were set to continue in London on Tuesday, as the world’s top two economies strive to sort out differences following a call between the leaders of the two countries. President Donald Trump’s top trade officials met their Chinese counterparts in London on Monday, with Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and…
UK companies are holding back on hiring or are not replacing departing workers, sending job vacancies tumbling, official figures suggest. The number of available jobs fell by 63,000 between March and May while the unemployment rate ticked higher. “There continues to be a weakening in the labour market,” said Liz McKeown, director of econonic statistics…
US President Donald Trump’s sweeping new travel ban came into effect early on Monday immediately after midnight, barring citizens from a dozen nations from entering the United States and reviving a divisive measure from his first term. The move is expected to disrupt refugee pathways and further restrict immigration as the Trump administration expands its crackdown on illegal entries….
