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OPEC-plus agrees on 2 million-barrel-a-day cut to output limit

Besides a token trim in oil production last month, the major cut is an abrupt turnaround from months of restoring deep cuts made during the depths of the pandemic

OPEC-plus agrees on 2 million-barrel-a-day cut to output limit
Updated On : 05 Oct 2022 | 8:37 PM IST

WTO warns 'darkened' trade outlook could deteriorate further in 2023

The World Trade Organisation is predicting global trade volumes will grow a lackluster 1% next year as crises and challenges weigh on markets

WTO warns 'darkened' trade outlook could deteriorate further in 2023
Updated On : 05 Oct 2022 | 7:36 PM IST

Elon Musk's Twitter turnaround reflects legal challenges: An explainer

News that Elon Musk has agreed after all to proceed with his $44 billion deal to buy Twitter may have felt like a stunning surprise from the brash billionaire who loves to shock

Elon Musk's Twitter turnaround reflects legal challenges: An explainer
Updated On : 05 Oct 2022 | 7:03 PM IST

Kyiv dismisses Russia's annexation of Ukrainian regions as 'worthless'

Kyiv has dismissed as worthless the laws that Russian President Vladimir Putin signed formalising the annexation of four Ukrainian regions into Russia

Kyiv dismisses Russia's annexation of Ukrainian regions as 'worthless'
Updated On : 05 Oct 2022 | 6:40 PM IST

EU agrees on price cap for Russian oil over Ukraine conflict

EU member-state diplomats struck the deal in Brussels, said the official representing the Czech Republic, which holds the 27-nation bloc's rotating presidency

EU agrees on price cap for Russian oil over Ukraine conflict
Updated On : 05 Oct 2022 | 6:13 PM IST

Nobel chemistry prize awarded to three for attaching molecules

Carolyn R. Bertozzi, Morten Meldal and K. Barry Sharpless were cited for their work on click chemistry and bioorthogonal reactions

Nobel chemistry prize awarded to three for attaching molecules
Updated On : 05 Oct 2022 | 4:40 PM IST

European shares fall as selling pressure kicks in after recent gains

European indexes fell in early trading and US futures were down as selling pressure kicked in Wednesday after a few days of strong gains

European shares fall as selling pressure kicks in after recent gains
Updated On : 05 Oct 2022 | 3:48 PM IST

Ahead of Czech meet, leaders fear brakes on European Union enlargement

Leaders from more than 40 countries meeting in the Czech capital on Thursday are set to launch a European Political Community aimed at boosting security and prosperity across the continent.

Ahead of Czech meet, leaders fear brakes on European Union enlargement
Updated On : 05 Oct 2022 | 2:21 PM IST

Electricity supply restored in Bangladesh after blackout from grid failure

Electricity supply across Bangladesh has been restored after the South Asian country plunged into a blackout following the failure of its national power grid, officials said.

Electricity supply restored in Bangladesh after blackout from grid failure
Updated On : 05 Oct 2022 | 12:06 PM IST

Tiger Woods will be integral member of Ryder Cup team: US captain Johnson

Whether Tiger Woods makes it to Italy or not for next year's Ryder Cup, he'll be an integral member of the US team, captain Zach Johnson said Tuesday at the year-to-go ceremonies.

Tiger Woods will be integral member of Ryder Cup team: US captain Johnson
Updated On : 05 Oct 2022 | 11:30 AM IST

Explained: Legal challenges that made Musk reconsider Twitter deal

News that Elon Musk has agreed after all to proceed with his USD 44 billion deal to buy Twitter may have felt like a stunning surprise from the brash billionaire who loves to shock.

Explained: Legal challenges that made Musk reconsider Twitter deal
Updated On : 05 Oct 2022 | 11:28 AM IST

Amazon sues Washington's labour agency for fines over alleged hazards

Amazon has sued Washington state's labour agency following disputes with regulators over citations and fines imposed on the company for worker safety issues.

Amazon sues Washington's labour agency for fines over alleged hazards
Updated On : 05 Oct 2022 | 9:17 AM IST

US' gross national debt surpasses $31 trillion as new fiscal year begins

The nation's gross national debt has surpassed USD31 trillion, according to a US Treasury report released Tuesday that logs America's daily finances

US' gross national debt surpasses $31 trillion as new fiscal year begins
Updated On : 05 Oct 2022 | 9:05 AM IST

Donald Trump asks US Supreme Court to intervene in Mar-a-Lago dispute

Lawyers for former President Donald Trump asked the US Supreme Court on Tuesday to step into the legal fight over the classified documents seized during an FBI search of his Florida estate

Donald Trump asks US Supreme Court to intervene in Mar-a-Lago dispute
Updated On : 05 Oct 2022 | 8:16 AM IST

Estonian PM urges not to give in to Putin's nuclear threats

Estonia's prime minister said that the West must not give in to Moscow's nuclear threats or premature peace proposals but stand firmly in support of Ukraine

Estonian PM urges not to give in to Putin's nuclear threats
Updated On : 05 Oct 2022 | 8:00 AM IST

Britain's Defence Secretary calls Ukraine war a 'wakeup call' for NATO

Britain's defence secretary said Tuesday that Russia's war on Ukraine has been a wake-up call for NATO members, making them realize that their militaries need to be better and invest more in defence

Britain's Defence Secretary calls Ukraine war a 'wakeup call' for NATO
Updated On : 05 Oct 2022 | 7:51 AM IST

Haiti's economy tanks, violence soars after govt removes fuel subsidy

Daily life in Haiti began to spin out of control last month just hours after Prime Minister Ariel Henry said fuel subsidies would be eliminated, causing prices to double.

Haiti's economy tanks, violence soars after govt removes fuel subsidy
Updated On : 05 Oct 2022 | 7:14 AM IST

Joe Biden consults Japan PM Kishida after North Korea missile test

President Joe Biden spoke with Japanese PM Fumio Kishida to discuss their next steps after North Korea conducted its longest ever test launch by firing a nuclear-capable ballistic missile over Japan

Joe Biden consults Japan PM Kishida after North Korea missile test
Updated On : 04 Oct 2022 | 11:22 PM IST

Top US regulators say cryptocurrency poses financial stability risks

Last month, the Treasury Dept issued a report which said that the US should work on developing a digital dollar

Top US regulators say cryptocurrency poses financial stability risks
Updated On : 04 Oct 2022 | 10:29 PM IST

US job openings sink amid higher rates and slower growth in August

The number of available jobs in the US plummeted in August compared with July, a sign that businesses may pull back further on hiring and potentially cool chronically high inflation

US job openings sink amid higher rates and slower growth in August
Updated On : 04 Oct 2022 | 8:48 PM IST