Author: Press Room

This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here.Good morning. The ceasefire agreement between India and Pakistan seems to be holding for now, with no major incidents reported in the border areas for the last 48 hours. There is also de-escalation of tensions in the trade war, as China and the US agree to slash tariffs for the next 90 days. (What is this obsession with 90-day periods?)In today’s newsletter, will a good monsoon season wipe away urban India’s…

A NSW Police Traffic and Highway Patrol operation last week not only swept up hundreds of drivers with drugs in their system, but also led to high-speed pursuits and the arrests of alleged drug dealers.Between 12:01am on Thursday, May 8 and 11:59pm on Saturday, May 10, police set up “hundreds” of stationary and mobile random breath and drug testing sites across the state.Officers conducted 6841 drug tests with 461 people returning positive tests, and 109,796 breath tests with 132 drink-driving offences detected.The operation also saw police detect 1373 speed-related offences, 286 mobile phone usage offences, and 84 seatbelt or helmet-related…

WASHINGTON: Global stock markets surged on Monday (May 12) after the US and China agreed to slash steep tariffs for at least 90 days, tapping the brakes on a trade war between the world’s two biggest economies that had fed fears of a global recession. But the temporary pause did little to address the underlying schisms that led to the dispute, including the US trade deficit with China and US President Donald Trump’s demand for more action from Beijing to combat the US fentanyl crisis. While investors cheered the move, businesses were seeking more clarity. Under the temporary truce, the…

NEWYou can now listen to Fox News articles! The stars were out at Citi Field on Monday as the best young pitcher in the game took the bump.Paul Skenes started on the mound for the Pittsburgh Pirates against the first-place New York Mets. And yes, girlfriend Livvy Dunne, who grew up less than 30 miles from the Mets’ ballpark, was in attendance.Dunne’s gymnastics career just ended, so she’s finally getting a chance to see Skenes’ sophomore season. Gymnast Livvy Dunne stands on the field following the game between the Pittsburgh Pirates and the San Francisco Giants at PNC Park on…

The Palestinian Authority said late Monday that it would lift a ban on the broadcaster Al Jazeera in the West Bank that it put into effect after accusing the outlet of “inciting sedition” and “interfering in internal Palestinian affairs.”The ban, which the Palestinian Authority’s attorney general, Akram Khatib, instituted on Jan. 1, had been indefinite. Palestinian officials said that it would last until Al Jazeera, which is funded by Qatar, “corrected its legal status,” though they did not detail the accusations against the broadcaster.Mr. Khatib told The New York Times on Monday that the authority had decided to lift the…

Breaking down Trump’s tariff truce with China – CBS News Watch CBS News All three major stock indexes posted their biggest single-day gains in a month after President Trump announced a 90-day pause on his 145% reciprocal tariff against China. Scott Lincicome, a vice president at the Cato Institute’s Trade Policy Center, joins to discuss. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

The Trump administration asked the Supreme Court on Monday evening for permission to deport a group of nearly 200 Venezuelan migrants accused of being gang members and detained in Texas.In a filing to the court, the administration contended that “serious difficulties have arisen” from the detention of the group of 176 migrants, who were shielded from deportation in an emergency overnight ruling by the court in mid-April.According to a declaration by a Homeland Security Department official included in the court filing, a group of 23 migrants had barricaded themselves inside a housing unit for several hours on April 26. The…

Climate activists and energy leaders say Prime Minister Mark Carney will need to make some hard choices on whether to bolster the country’s oil and gas sector as means of achieving economic stability. Throughout the election campaign, Carney signalled an openness to building more pipelines in Canada and promised to cut approval times to get projects built faster. He also acknowledged during the English leaders’ debate that having western Canadian oil flow through the United States to Ontario and Quebec presents a national security threat.But he also has said he wants to keep Canada’s emissions cap on oil and gas…

Brian Armstrong, CEO of Coinbase, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025.Gerry Miller | CNBCCoinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday. Shares of the crypto exchange jumped 8% in extended trading. The change will take effect before trading on May 19. Discover is in the process of being acquired by Capital One Financial.Since going public through a direct listing in 2021, Coinbase has become a bigger part of the U.S. financial system, with bitcoin soaring in value…

Drivers have been warned to expect peak-hour traffic chaos after three crashes — one of which has left a motorcyclist with serious injuries.Emergency services rushed to the scene on Abernethy Road in Kewdale after reports of a crash between a car and motorcycle about 6.55am on Tuesday.The rider, a man in his 40s, was badly hurt and was taken to Royal Perth Hospital.Abernethy Road has been closed in both directions at Aitken Way and Ferguson Street, with drivers urged seek alternative routes.Motorists have also been warned to brace for heavy traffic following a multi-car collision on Tonkin Highway in Martin,…