Core Viewpoint - Hindustan Petroleum Corp Ltd is seeking Venezuelan crude for the first time as part of its strategy to increase heavy oil processing in the upcoming fiscal year starting in April [1] Group 1 - The company plans to enhance its heavy oil processing capabilities [1] - The Chairman, Vikas Kaushal, announced this initiative on Tuesday [1]

Core Point - India and the European Union have finalized a significant trade deal that will encompass a quarter of the global economy, as stated by Indian Prime Minister Narendra Modi, aiming to mitigate unpredictable relations with the U.S. [1] Group 1 - The trade deal between India and the European Union is described as landmark, indicating its importance in the global economic landscape [1] - The agreement is expected to represent 25% of the world's economy, highlighting its substantial impact [1] - The motivation behind the deal includes a strategic move to hedge against uncertain ties with the United States [1]

Core Viewpoint - The article provides an overview of the upcoming market activities in Europe and globally, highlighting key economic indicators and events that may influence market movements [1] Group 1: Economic Indicators - European markets are expected to react to the release of inflation data, which is crucial for assessing the economic outlook and potential monetary policy adjustments [1] - The focus will be on the Eurozone inflation figures, with analysts predicting a slight decrease in the annual rate, which could impact the European Central Bank's decisions [1] Group 2: Market Events - Key corporate earnings reports are anticipated, which may provide insights into sector performance and individual company health [1] - Investors are advised to monitor geopolitical developments that could affect market sentiment and trading strategies [1]

Core Viewpoint - Investors are optimistic that LVMH's upcoming annual results will indicate a recovery from a prolonged slowdown in the luxury market, while also seeking more decisive actions from CEO Bernard Arnault to enhance performance [1] Group 1 - LVMH is expected to report annual results that reflect signs of recovery in the luxury sector [1] - There is a demand from investors for increased initiatives from CEO Bernard Arnault to improve the company's performance [1]

Indian Oil Corp , the country's largest refiner, has committed to buying more Brazilian crude in the fiscal year starting April, after reducing Russian oil imports, a company executive said on Tuesday... ...

Group 1 - BYD and Exxon Mobil are set to deepen their partnership in hybrid technology, indicating a strategic collaboration between the Chinese electric vehicle manufacturer and the U.S. oil giant [1]

Core Viewpoint - Micron Technology is making a significant investment of $24 billion to establish a new memory chip manufacturing facility in Singapore to address the global shortage of memory chips [1] Company Summary - The investment plan by Micron Technology aims to enhance production capacity in response to the acute global shortage of memory chips [1] Industry Summary - The announcement reflects the ongoing challenges in the memory chip industry, highlighting the urgent need for increased output to meet global demand [1]

European carmakers, squeezed by U.S. tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports, but face a tough market dominated by homegrown firms and compact Japanese "kei cars." ...

Ford and General Motors are in negotiations with bankrupt car parts supplier First Brands Group over a potential financing package to keep the Ohio-based company operating during its Chapter 11... ...

Core Viewpoint - Oil prices decreased despite a significant winter storm impacting crude production and refinery operations on the U.S. Gulf Coast [1] Industry Impact - The winter storm has led to disruptions in crude production and refinery activities, indicating potential supply constraints in the oil market [1]