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Netflix faces tough road ahead despite low second-quarter subscriber loss

Netflix Inc may have calmed investors' worst fears with a second-quarter subscriber loss that was better than expected

Gold to face headwinds in H2 2022 as dollar continues to dominate

Gold is heading into the second half of the year under increasing pressure, with the dollar more than ever the dominant driver

India's economic recovery falters as high prices, falling rupee bite

India's economic activity showed early signs of cooling off in June as acute price pressures, rising interest rates, and a falling rupee dampened sentiment after a strong showing the previous month

US existing homes sales fall to a two-year low as prices hit record high

Contract closings fell 5.4% from May to an annualized 5.12 million, figures from the National Association of Realtors showed Wednesday.

Indonesian court rejects call to legalise medicinal use of cannabis

The country's top court did crack the door for potential future use of cannabis for health conditions by ordering the government to review the way it categorizes narcotics

Bitcoin climbs past $24,000 after a month amid hopes of softer Fed action

The world's largest digital token rose as much as 3.3% Wednesday to trade around $24,066, the highest level since mid-June

It's not just China homebuyers; suppliers too now boycotting loans

Hundreds of contractors to the property industry complained that they can no longer afford to pay their own bills because developers including China Evergrande Group still owe them money

Govt has a $10-bn plan to decarbonise public transport and curb emissions

Convergence Energy Services Ltd is planning a $10-bn tender for 50,000 electric buses that will help India meet its goals for net zero emissions

Here are the world's most (and least) powerful passports in 2022

Japan, Singapore and South Korea have the most powerful passports as the world continues to recover from Covid-19, reversing pre-pandemic rankings that were dominated by European nations

Google, Oracle data centres knocked offline as record-high heatwave hits UK

London data centers used by Google and Oracle Corp. buckled on Tuesday after a record-setting heat wave hit Britain, knocking some websites offline

Govt's plastic straw ban to curb pollution leaves Indian consumers thirsty

With 19 single-use plastic items banned from July 1, including the straws, companies including Dabur India Ltd. and Parle Agro Pvt, have been racing to replace them with imported paper versions

Govt cuts windfall tax on fuel exports as global crude oil prices fall

India imposed the taxes on July 1, joining a growing number of nations placing windfall levies to tap energy companies' booming profits

NTPC set to award first coal-fired plant in about six years: Report

Bharat Heavy Electricals Ltd. emerged as the lowest bidder to build the 1,320 megawatt project in the eastern state of Odisha

Pakistan rupee drops to record, bonds fall as Fitch cuts outlook

The rupee has tumbled to a succession of all-time lows in recent days as escalating political uncertainty has added to concern over the country's bailout deal with the IMF

Janet Yellen touts 'friend-shoring' as fix for global supply chain

Yellen touted her "friend-shoring" concept as a way to reduce the vulnerabilities of a supply system badly strained over the past two years

President Xi Jinping's Beijing invite ignored by top Europe leaders

Chinese Foreign Ministry denies the reports

China's yield curve is steepest in two years as liquidity swells

Longer yields are being kept from falling due to expectations for economic recovery and the prospect of additional debt issuance

Dubai's metaverse plan targets 40,000 virtual jobs in next five years

Government aims to develop global standards in building safe and secure platforms for users and develop infrastructure and regulations to accelerate adoption of these technologies, WAM news said

Vedanta declares dividend of Rs 19.5 per share in boost to London parent

The hefty dividend comes even as the firm plans to ramp up capital investment to as much $2 billion in the year ending March 2023

Rupee declines to record low of 80.01 to a dollar as foreign funds exit

The currency has been buffeted by nearly $30 billion of foreign outflows from the nation's equities so far this year -- a record sum