Page 659 - Reuters%20/t%20_blank%20

Oil prices up on China economic support pledge, tighter Russian supply

Brent futures rose 9 cents, or 0.1%, to $79.72 a barrel at 0010 GMT, while U.S. West Texas Intermediate (WTI) crude was steady at $75.75 per barrel

ADNOC Gas agrees $7bn-$9 bn 14-year LNG agreement with IOCL: Statement

ADNOC raised about $2.5 billion in March through a sale of roughly 5% of its gas business in an IPO

Heatwave brings health warnings as extreme weather grips globe: WMO

Europe's highest recorded temperature of 48.8C was registered in Sicily two years ago

Donald Trump 'target in Capitol riots probe', faces another arrest

He further said, expects to be arrested by a federal investigation into the January 6 riot at the Capitol and efforts to challenge the results of the 2020 election

J&J sues US govt to block Medicare drug price negotiation plans: Report

Pharmaceutical industry says the drug price negotiation program that is part of President Joe Biden's IRA will curtail profits and compel them to pull back on developing groundbreaking new treatment

Microsoft to charge more for AI in office, secure Bing from leaks

The company also said it would make a more secure version of its Bing search engine available immediately to businesses, aiming to address their data-protection concerns, grow their interest in AI

US business inventories edge up 3.5% YoY in May; sales gained 0.2%

Retail inventories rose 0.7% in May instead of 0.8% as estimated in an advance report published last month. They climbed 0.3% in April

Govt evaluating option of building gas storage, says oil secretary

The modalities for building storage will be worked out after a feasibility study, he added

CIE Automotive India's Q2 profit surges on robust domestic, European demand

The company's European business, which constituted around 49% of its consolidated segmental revenue for the quarter, grew 5.3% year-on-year, outperforming the Indian business, which grew 4.8%

US manufacturing output falls in June, rebounds in second quarter

Factory output, which had also contracted in the fourth quarter, was boosted by a 36.7% surge in the production of motor vehicles and parts in the second quarter

Google cannot remove Disney app in tussle over in-app charges: Court

The court in a Tuesday hearing said Disney should now pay a 4% service fee to Google, and said the streaming app should not be removed from Google's app store

Lockheed Martin raises full-year forecast on strong weapons demand

The advanced jet is Lockheed's largest program, after having generated 27% of total consolidated net sales and 66% of aeronautics' net sales in 2022

ICICI Lombard posts 12% rise in Q1 profit on higher investment income

Income from investments jumped nearly 27% to 6.22 billion rupees, helped by an increase in the market value of securities and higher profits on the sale of investments

Vedanta says it's awaiting govt nod for semiconductor plant in Gujarat

The group already has a partnership with Taiwan's Innolux for display fab manufacturing, he added

Morgan Stanley profit drops 18% in second quarter as deal doldrums persist

Global M&A activity fell 36% in the second quarter versus a year earlier, according to Dealogic. Still, its climb from the first quarter has sparked hopes of a nascent recovery

India to push G20 to raise share of taxes on firms for 'excess profit'

More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinationals

Google cannot remove Disney app in tussle over in-app charges: Court

Disney's lawsuit is the latest and most high-profile challenge to Google's policy of imposing a "service fee" of 11-26% on in-app payments in India

Bank of America profit rises in second qtr on boost from interest income

Bank of America's net interest income (NII) rose 14% to $14.2 billion in the second quarter

Court declines to entertain Pernod appeal to renew liquor sale licence

India's federal financial crime agency has accused the company of illegally making profits by giving false information to Delhi

ICICI Prudential Q1 profit jumps 33% to Rs 207 crore on investment gains

The company had a debt-equity mix of 54:46 at June 30 and 97.1% of the fixed income investments were in sovereign or AAA-rated instruments