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Wall Street mixed as Russia's war on Ukraine stirs uncertainty

Reflecting a defensive mood on Wall Street, the S&P 500 utilities index rallied 1.9% and real estate added 1.1%

Roman Abramovich to sell Chelsea, proceeds to go to war victims

The 55 year-old metals magnate said in a statement that a sale was in the best interests of the reigning European and world soccer champions.

India's February sunflower oil imports fall as war disrupts shipments

Ukraine and Russia account for more than 90% of India's imports of sunflower oil

Oil hits almost decade high of $119 before Iran throttles the rally

Analyst says Iran deal can't replace Russia disruptions; OPEC and its allies have snubbed calls to accelerate output rises

Russia will achieve its goals in Ukraine, Putin tells Macron

Any attempts by Kyiv to delay negotiations between Russian and Ukrainian officials would result in Moscow adding more items to a list of demands it has already set out, says Kremlin

Chinese automaker SAIC's MG Motor India to raise funds for EV push: Report

'MG Motor India has yet to finalise how much money it plans to raise, which will depend on the valuation of the Indian business and its growth plans'

Tesla to win approval for $5.5-bn Berlin gigafactory on Friday

State of Brandenburg to hold press conference on Friday; Tesla's Berlin gigafactory has faced several delays, factory key to Tesla's ambitions in Europe

US weekly jobless claims fall for 2nd straight week; layoffs tumble in Feb

Initial claims for state unemployment benefits dropped 18,000 to a seasonally adjusted 215,000 for the week ended Feb. 26, the Labor Department said on Thursday

Biden administration seeks $32.5 bn in Ukraine and Covid aid: Reports

The White House is seeking $10 billion in emergency military and humanitarian aid to assist Ukraine after Russia invaded last week, the Washington Post reported

Surge in oil price rattles markets as Ukraine conflict intensifies

Oil prices soared again as the Ukraine war triggered a dash for commodities that could be in short supply, while stock markets slipped

Former boss Ghosn says Nissan's lack of vision is hurting Renault

Ex-Nissan Motor chairman Carlos Ghosn, who was ousted following his arrest in Japan, said that its alliance partner Renault SA is struggling because of the Japanese automaker's lack of vision

Russian war on Ukraine enters second week as apparent failure

Ukraine president says defence lines holding; eastern city of Kharkiv suffers further heavy bombardment while Moscow says it has seized Kherson, mayor says troops in streets

Indian Oil Corp to supply fuels to Sri Lanka in 4-5 month deal

Indian Oil Corp (IOC) will supply 12-13 fuel cargoes to Sri Lanka to help the island nation facing an energy crisis, the Indian company said

Palladium scales 7-month peak, gold firms as Ukraine crisis rages on

Spot palladium, used by automakers in catalytic converters to curb emissions, jumped 4.1% to $2,778.48 by 1030 GMT, rising for a fourth session to hit its highest since mid-June 2021

Govt considering relief for exporters hit by Ukraine crisis: Report

A govt official, who declined to be named, said Indian exporters are owed about $500 mn from Russia and the govt may guarantee banks' letters of credit or loans to help ease the crunch

Brent soars to $119, highest since May 2012, as US sanctions target Russia

The gains followed the latest round of US sanctions on Russia's oil refining sector that raised concerns that Russian oil and gas exports could be targeted next

Indian trade, current account deficit seen widening, rupee under pressure

India's trade deficit widened sharply to $21.19 billion in February compared to $17.94 billion the previous month, preliminary data shows

Japan's JAL, ANA cancel all flights to and from Europe amid Ukraine war

Japan Airlines Co Ltd and ANA Holdings Inc said they would cancel all flights to and from Europe on Thursday, citing concerns about safety due to Russia's invasion of Ukraine

Explained: Why $100 oil could hurt the energy transition more than it helps

When fossil fuel prices rise, consumers start to take electric vehicles and clean energy alternatives more seriously - not just for their environmental benefits but in hopes of eventually saving cash

Indian 10-year bond yield at 1-month high tracking global crude, U.S. peers

India's benchmark 10-year bond yield was at 6.83% at 0555 GMT, after earlier rising to 6.85%, its highest since Feb. 4