Paint Stocks surge as crude oil prices fall, led by Asian Paints and Nerolac.

Paint Stocks Rise Up to 5% as Crude Oil Prices Fall – Asian Paints, Nerolac Lead

ByRubaisha

Paint Stocks surged up to 5 percent in Friday’s session, as crude oil slid to multi-year lows. Asian Paints and Kansai Nerolac led the rally, while Berger Paints and Akzo Nobel India also posted solid gains. Investors are betting that lower oil prices will cut resin and solvent costs and that margins will expand in…

Battery Design Faults

BYD News Today: Carmaker Recalls Over 115,000 Vehicles Over Battery Design Faults

ByRubaisha

China’s BYD, the world’s top EV seller by volume, has launched a major recall. The company will repair over 115,000 vehicles because of battery design faults. The move ranks among BYD’s largest recalls to date. Regulators and the firm say the flaw affects insulation and could raise fire risk under extreme conditions. BYD says it…

US Treasury

Argentina May Get $20 Billion Lifeline as Banks Engage US Treasury in Loan Talks

ByRubaisha

Argentina could receive a $20 billion lifeline, after major banks entered talks involving the US Treasury. Reports say U.S. and European banks are exploring a structured loan to help Buenos Aires. The talks aim to ease pressure on Argentina’s currency and its strained reserves. This comes as inflation runs very high, and the country struggles…