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Business Standard

Global Business / Business Standard

Hyundai to recall over 94,600 US vehicles over seat motor fire risk: NHTSA

The recall covers certain 2015-2016 Hyundai Genesis and 2017-2020 Genesis G80 models, with owners advised to park outdoors and away from other vehicles or structures until repairs are completed

16 Oct 2026 9:06 am
AstraZeneca strikes $40 million AI drug discovery deal with Insitro

The multi-year partnership will target severe liver and heart conditions, with insitro eligible for up to $1.46 billion in development and commercial milestone payments

15 Oct 2026 9:47 pm
Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies

Brent crude futures fell $1.54, or 1.47%, to $103.18 a barrel by 0154 GMT while US West Texas Intermediate crude was at $90.31 a barrel, down $1.54, or 1.68%

12 Oct 2026 8:31 am
'Unacceptable': India condemns Houthi attacks on Saudi oil installations

India on Wednesday condemned the latest wave of attacks carried out by Houthi militants on oil installations in Saudi Arabia, and said the strikes undermined regional security. The Iran-backed Houthi militant group targeted Saudi oil facilities and some other civilian infrastructure on Tuesday, triggering widespread apprehensions about further escalation in the West Asia conflict. India condemned the attacks on Saudi sovereign territory, especially the targeting of civilian and economic faciliti

9 Sep 2026 12:28 pm
Global economy in tug-of-war between oil shock and AI boom: IMF chief

The global economy has weathered the oil shock caused by the closure of the Strait of Hormuz etter than feared due to various factors, including an investment boom in artificial intelligence, IMF Managing Director Kristalina Georgieva has said. What started out as a US phenomenon with AI is now becoming a growth engine for the global economy, with other countries ramping up construction of data centres and other infrastructure, Georgieva told journalists on Tuesday. She said the global economy

26 Aug 2026 11:59 am