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Reuters

Reuters

Reuters

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

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Russia pounds Ukraine with missiles, drones for second day, says Kyiv

Kyiv region's air defence systems were deployed several times overnight to repel missiles and drones

Russia pounds Ukraine with missiles, drones for second day, says Kyiv
Updated On : 27 Aug 2024 | 12:37 PM IST

As US rate cuts near, economic 'soft-landing' odds could dictate market

History shows that stocks tend to perform far better when rate cuts come against a background of resilient growth instead of during a sharp economic slowdown

As US rate cuts near, economic 'soft-landing' odds could dictate market
Updated On : 26 Aug 2024 | 4:39 PM IST

Yet to see accusations against Telegram founder Pavel Durov: Kremlin

Durov, who has dual French and United Arab Emirates citizenship, was arrested as part of a preliminary police investigation into allegedly allowing wide range of crimes to be committed using Telegram

Yet to see accusations against Telegram founder Pavel Durov: Kremlin
Updated On : 26 Aug 2024 | 4:35 PM IST

Will respond to Ukraine's Kursk attack, ceasefire talks irrelevant: Kremlin

Thousands of Ukrainian soldiers smashed through the Russian border on Aug 6 in a surprise attack that Russian President Vladimir Putin said was aimed at improving Kyiv's negotiating position

Will respond to Ukraine's Kursk attack, ceasefire talks irrelevant: Kremlin
Updated On : 26 Aug 2024 | 4:35 PM IST

As Fed's focus shift to protecting job market, policy needs to catch up

Powell's signal of coming rate cuts completed a Fed shift that began in January when it acknowledged emerging job market risks

As Fed's focus shift to protecting job market, policy needs to catch up
Updated On : 26 Aug 2024 | 4:18 PM IST

Nvidia sales likely to double in Q2, even a slight miss may hurt shares

A beat or a miss on Wall Street expectations could either stoke or shatter an AI rally on Thursday, a day after Nvidia reports earnings for the May-July period

Nvidia sales likely to double in Q2, even a slight miss may hurt shares
Updated On : 26 Aug 2024 | 4:10 PM IST

Rupee ends on flat note, closes 1 paisa higher at 83.90 against US dollar

The rupee closed at 83.90 against the US dollar, nearly unchanged from its close at 83.89 in the previous session. The currency hit a peak of 83.81 in early trading

Rupee ends on flat note, closes 1 paisa higher at 83.90 against US dollar
Updated On : 26 Aug 2024 | 4:06 PM IST

Oil prices jump 1% on West Asia escalation fears, US rate cut expectations

Brent crude futures climbed 79 cents, or 1 per cent, to $79.81 a barrel by 0910 GMT, while US crude futures were at $75.63 a barrel, up 80 cents, or 1.07 per cent

Oil prices jump 1% on West Asia escalation fears, US rate cut expectations
Updated On : 26 Aug 2024 | 3:37 PM IST

Indian rupee likely to miss Fed pivot-fueled emerging market rally

The move was in line with the rupee's recent underperformance as the currency has failed to gain from the dollar's broad slump

Indian rupee likely to miss Fed pivot-fueled emerging market rally
Updated On : 26 Aug 2024 | 3:02 PM IST

Dutch watchdog fines Uber $324 mn allegedly for not protecting driver data

The DPA said Uber transferred personal data to the United States and failed to appropriately safeguard the data

Dutch watchdog fines Uber $324 mn allegedly for not protecting driver data
Updated On : 26 Aug 2024 | 2:51 PM IST

Greek-flagged ship on fire from Aug 23 post Houthi attack: EU naval mission

Houthis, who control Yemen's most populous regions, said on Thursday that they attacked the Sounion oil tanker in the Red Sea

Greek-flagged ship on fire from Aug 23 post Houthi attack: EU naval mission
Updated On : 26 Aug 2024 | 1:45 PM IST

Belgium's UCB to sell its Chinese neurology, allergy business for $680 mn

UCB said in a statement there would be no impact on its forecast for 2024

Belgium's UCB to sell its Chinese neurology, allergy business for $680 mn
Updated On : 26 Aug 2024 | 1:34 PM IST

Here's what went wrong for Nestle's recently ousted CEO Schneider

This feat was particularly remarkable, given the hit industry margins took during the pandemic

Here's what went wrong for Nestle's recently ousted CEO Schneider
Updated On : 26 Aug 2024 | 1:08 PM IST

US industry looks for easing of steep Biden-Harris China tariff hikes

National Security Adviser Jake Sullivan will meet with Wang in a visit aimed at keeping U.S.-China tensions in check with the November U.S. election fast approaching

US industry looks for easing of steep Biden-Harris China tariff hikes
Updated On : 26 Aug 2024 | 12:57 PM IST

Russia's Saratov airport lifts flight curbs after drone attack by Ukraine

A residential complex in the city had been damaged by falling debris from drones destroyed by Russia's air defence systems

Russia's Saratov airport lifts flight curbs after drone attack by Ukraine
Updated On : 26 Aug 2024 | 12:04 PM IST

India's growth likely slowed to 6.9% last qtr as govt spending lagged: Poll

Growth in Asia's third-largest economy had been well above 7 per cent during previous quarters thanks to strong capital expenditure by the government led by Prime Minister Narendra Modi

India's growth likely slowed to 6.9% last qtr as govt spending lagged: Poll
Updated On : 26 Aug 2024 | 10:19 AM IST

China central bank rolls over maturing medium-term loans, injects cash

Monday's reverse repo operation was meant to "keep month-end banking system liquidity conditions reasonably ample," the central bank said in an online statement.

China central bank rolls over maturing medium-term loans, injects cash
Updated On : 26 Aug 2024 | 9:50 AM IST

Fed Reserve's dovish shift mixed blessing for BOJ interest rate hike plan

The remarks came hours after BOJ Governor Kazuo Ueda told parliament that while the BOJ will keep an eye out on the fallout from unstable markets

Fed Reserve's dovish shift mixed blessing for BOJ interest rate hike plan
Updated On : 26 Aug 2024 | 9:17 AM IST

China's fiscal revenue falls 2.6% in Jan-Jul amid economic growth struggles

July economic data, including a fall in household loans and a slow down in industrial output growth

China's fiscal revenue falls 2.6% in Jan-Jul amid economic growth struggles
Updated On : 26 Aug 2024 | 9:16 AM IST

Canadian rail decision to stay on jobs win for companies: Union leader

CN has said the company would have preferred a negotiated agreement but was satisfied that the labour stoppage is over

Canadian rail decision to stay on jobs win for companies: Union leader
Updated On : 26 Aug 2024 | 8:46 AM IST