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S&P 500 ends lower, European stocks wrap up biggest weekly loss of year

The dollar gained ground against a basket of world currencies, while the euro saw its largest Friday-to-Friday drop against the dollar in two months

Oil future prices head for weekly gain on solid 2024 demand outlook

US consumer sentiment weakened in June to a seven-month low as inflation and income worries linger, a survey showed on Friday

G7 nations vows to take on China over 'unfair' business practices

Washington expected to see unprecedented unity across the G7 in confronting China's non-market policies and practices, a senior U.S. official at the G7 said

Visa, Mastercard $30 bn settlement to limit card fees for merchants at risk

U.S. District Judge Margo Brodie in Brooklyn told lawyers for the card networks and objectors at a hearing on Thursday that she will "likely not approve the settlement," according to court records

Rajasthan govt begins recalling some batches of MDH and Everest spices

Rajasthan told the federal government in a letter it found a batch of Everest's cumin powder and a batch each of two MDH spice blends unsafe after tests, Reuters reported on Thursday

Debt repay call: Vodafone may sell $2.3 billion stake in Indus Towers

Vodafone owns 21.5% of mobile-tower operator Indus via various group entities. As of Friday's closing stock price in Mumbai, the investment is worth $2.3 billion

G7 commits to reduce 75% of methane emissions from fossil fuels by 2030

The document includes a pledge "to phase out existing unabated coal power generation in our energy systems during the first half of the 2030s", as agreed by G7 energy ministers in April

Russia boosts crude oil revenues as shipping, trading network grows

India has no sanctions against Moscow and became the biggest buyer of Russian seaborne crude ahead of China and Turkey after European refiners stopped imports

Microsoft to invest $7.16 bn in new data centres in northeastern Spain

Aragon's regional government said the U.S. tech giant had applied for a construction permit to build data centres at a site outside city of Zaragoza, confirming a report by local newspaper El Heraldo

Foreign banks bought Indian govt bonds worth Rs 8,038 cr on Jun 13: Data

These banks stepped up purchases after a softer-than-expected US inflation print ramped up rate cut bets, with India's inclusion in JPMorgan's emerging market debt index also a factor, traders said

India's May exports rise 9.1%; merchandise imports up 7.7% at $61.91 bn

Merchandise imports in the same month rose 7.7 per cent year-on-year to $61.91 billion - widening the trade deficit to $23.78 billion

Global airlines bet big on India, expect it to be hottest travel market

The domestic air travel market in India is expected to double to 300 million passengers from a record 152 million in 2023, according to government data

Evergrande liquidation law firm probing PwC, others for potential claims

Evergrande was ordered to be liquidated by a Hong Kong court in January, after it failed to deliver a concrete restructuring plan for its $23 billion worth of offshore debt deemed to be in default

Tax burden in UK highest since 1949; election pledges won't bring relief

Election pledges not to raise tax have been common since 1997, when Tony Blair promised not to raise income tax or VAT

Heavy rain, landslides kill 6 in India's Sikkim, 2,000 tourists stranded

Heavy rains triggered landslides at several locations in Mangan district, which covers north Sikkim and lies about 100 km north of the state capital Gangtok

Bank of Japan decides to trim bond buying, keep rates steady at 0-0.1%

BOJ will continue to buy government bonds at the current pace of roughly 6 trillion yen ($38 billion) per month for now

Oil prices set for best week in over 2 months on positive demand outlook

The Organization of Petroleum Exporting Countries (OPEC) stuck to a forecast for relatively strong growth in global oil demand for 2024 and Goldman Sachs projected solid US fuel demand this summer

Left vows to tie wages to inflation, lower retirement age in France

Political parties including the Socialists, Greens, Communists and hard-left Unbowed France (LFI) will form a 'Popular Front' in a bid to challenge the far-right's National Rally

South Korea, US sound alarm over North Korea-Russia ties before Putin visit

Security Council resolutions, officials of South Korea and the United States warned on Friday

Super-wealthy may quit UK over Labour plans for inheritance taxes on trusts

Economists say overall tax levels are likely to approach an all-time high whoever wins the election, despite promises by both main parties not to increase major tax rates