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Moderna seeks FDA authorization for second Covid booster for all adults

Moderna Inc on late Thursday sought emergency use authorization with US health regulators for a second Covid booster shot, as a surge in cases in some parts of the world fuels fears of another wave

India's Feb oil imports at highest since Dec 2020 as refiners boost runs

India's crude imports rose in February to 4.86 million (bpd), their highest since December 2020, preliminary data from trade sources showed, as refiners cranked up runs to meet increasing demand

BOJ maintains huge stimulus, warns of growth risks from Ukraine crisis

Bank of Japan maintained its huge stimulus and warned of growth risks from Ukraine crisis, reinforcing expectations it will remain an outlier in global shift towards tighter monetary policy

Australian watchdog sues Facebook-owner Meta over scam advertisements

Australia's competition watchdog filed a lawsuit against Meta on Friday, alleging the social media giant failed to prevent scammers using its platform to promote fake ads featuring well-known people

Japan and Australia impose new sanctions on Russia, Biden to talk to Xi

Japan, Australia on Friday imposed new sanctions on Russian entities for Ukraine war, which the West says has been stalled by staunch resistance but continues to take a devastating toll on civilians

Biden and Xi Jinping set to clash over Vladimir Putin's war in Ukraine

Biden is expected to tell Xi Jinping on Friday that Beijing will pay a price if it supports Russia's military operations in Ukraine, a warning that comes at a time of deepening conflict among nations

Stocks step back, oil bounces as Russia-Ukraine peace talks stall

Stockmarkets took a breather after several days of sizeable gains, while commodities were set on edge by the lack of progress in Russia-Ukraine peace negotiations

Oil prices surge 8% amid warnings of Russian supply shortages

Oil prices climbed 8% on Thursday, extending a series of wild daily swings, as the market rebounded from several days of losses with a renewed focus on supply shortages

US dollar hits lowest in week as investors gauge Fed policy, euro rises

The US dollar fell on Thursday and hit its lowest in a week as investors digested the Federal Reserve's monetary policy outlook

Wall Street stocks, oil prices rise after aggressive Fed hike outlook

Wall Street stocks rebounded from early session losses on Thursday as investors weighed economic implications of the Federal Reserve's surprisingly aggressive interest rate stance

We have the might to put you in your place, Russia hits out at US

"It will not work - Russia has the might to put all of our brash enemies in their place," Medvedev said

Zelenskyy to Germany: Tear down wall dividing free and unfree Europe

He described a new wall "in the middle of Europe between freedom and unfreedom"

Toyota plans 17% cut in April global output, to make 80,00,000 units

The news comes about a week after Toyota said it would scale back domestic production by up to 20 per cent during the months of April, May and June

US dollar hits lowest in week as investors gauge Fed policy, euro firmer

The dollar index, which measures the greenback's strength against six trading currencies, was down 0.5% at 97.997 and hit its lowest in a week

Oil prices climbs over 9% amid warnings of Russian supply shortages

The oil market largely shrugged off a decision by the US Federal Reserve on Wednesday to raise interest rates by one-quarter of a percentage point, as anticipated.

Wall St rises in choppy trade after Fed boost; Dow up 150 pts

Big banks mixed after rallying sharply; Ralph Lauren gains on JPMorgan upgrade to 'overweight'

Gold bounces on dollar retreat as focus turns to Ukraine crisis

The dollar and Treasury yields eased a day after the Federal Reserve raised interest rates by a quarter percentage point, with investors having priced in an even stronger rate hike

Oil prices surge 7% amid warnings of Russian supply shortages

Benchmark Brent crude futures gained $7.47, or 7.6%, to $105.49 a barrel by 1427 GMT. U.S. West Texas Intermediate (WTI) crude was up $6.85, or 7.2%, to $101.89 a barrel.

Gold up as dollar, yields weaken after Fed's in-line rate hike

Analysts have also said investors in safe-haven gold will continue to closely track political and economic risks posed by Russia's invasion of Ukraine, which has entered its fourth week

India to study sanctions impact on trade settlement with Russia

By Nidhi Verma and Alasdair Pal