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Joe Biden, Xi Jinping's 'blunt' talks yield deals on military, fentanyl

Biden and Xi met for about four hours on the outskirts of San Francisco to discuss issues that have strained U.S.-Chinese relations

Gold steadies amid firm dollar, countering expectations on peak US rates

The market was certain the U.S. central bank will leave rates unchanged in December, with most traders eyeing rate cuts from May 2024.

Oil prices fall on big US crude stock build, Asian fuel demand worries

Brent futures fell 28 cents to $80.90 a barrel by 0001 GMT. U.S. West Texas Intermediate crude (WTI) lost 31 cents to $76.35 a barrel.

Oil price falls on high US production, despite strong demand signals

In signs of healthy U.S. crude supply, American Petroleum Institute figures on Tuesday showed rising crude oil and gasoline inventories last week

Food inflation remains above comfort level, despite easing of CPI: Official

Food inflation, which accounts for nearly half of the overall consumer price basket, was 6.61% in October

Meta, Alphabet, ByteDance, Snap must face social media addiction lawsuits

Rogers rejected arguments that the defendants were immune from being sued by the US Constitution's First Amendment

India signs deals to export 500,000 tons of new season basmati rice

After imposing a ban on non-basmati white rice exports in Jun to stabilize domestic prices, India set a floor price, or minimum export price (MEP), of $1,200 a ton for overseas sales of basmati in Aug

Centre to seek steady coking coal supplies from Australia for steel mills

Australia accounts for over half of India's coking coal imports of around 70 million metric tons a year

Airlines in last-minute negotiations to rescue Dubai Airshow deals

Emirates Airline President Tim Clark warned Airbus and Rolls-Royce on Tuesday that increased engine downtime in harsh Gulf conditions, as well as higher prices for servicing

Worsening sand and dust storms driving global land loss, says UNCCD

The UNCCD called for better land management practices to restore damaged land and more efforts to improve early warning systems and boost resilience

Renault sets out targets for EV unit Ampere, says won't sell it cheap

The group set out financial targets for the unit, including an expected break-even in 2025 and an operating margin of at least 10% from 2030

India's weightage climbs to highest level on MSCI Global Standard index

This marks "a significant increase over the past three years, almost doubling its weight," Nuvama Alternative & Quantitative Research said in a note

Crude oil gains on China economic data, strong demand expectation

Brent futures rose 20 cents, or 0.2%, to $82.67 a barrel by 0427 GMT, while U.S. West Texas Intermediate (WTI) crude rose 15 cents, also 0.2%, to $78.28

Dozens of junta forces surrender: Myanmar rebels as offensive gathers pace

At least 28 policemen gave up their weapons and surrendered to the Arakan Army (AA), while 10 soldiers were arrested, said the group which is fighting for autonomy in Rakhine State in western Myanmar

Donald Trump echoed Nazis with the use of word 'vermin', says Joe Biden

Biden said Trump's comments echoed language heard in Nazi Germany in the 1930's.

US inflation slows sharply in October, core pressures ease to 2-year low

In the 12 months through October, the CPI climbed 3.2 per cent after rising 3.7 per cent in September

'Hang in there, we're coming': Joe Biden's message to hostages in Gaza

Biden said he speaks daily with the parties involved in negotiations over a possible hostage release, but did not want to share the details

European air fares 'rising way above inflation', says ACI Europe

This rising trend continued into October, ACI said, adding fares were up 47% when booked three months in advance

Meta, Alphabet, ByteDance, Snap must face social media addiction lawsuits

Rogers rejected arguments that the defendants were immune from being sued by the US Constitution's First Amendment

US CPI inflation softens to 3.2% after rising 3.7% in Sep, dollar weakens

"Another rate hike from here looks less likely given this softer inflation data," Miskin said