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Major traders, banks cut business ties with Russia-backed Nayara: Report

Nayara per se has not been sanctioned as part of the international response to what Russia calls its 'special military action' against Ukraine but sanctions are in place against Rosneft.

Tinder owner Match ups CCI pressure on Apple in India with new case: Report

Match accuses Apple of 'monopolistic conduct' that forces developers to pay high commissions for in-app purchases; Match case has been clubbed with ongoing Apple probes, say sources

Thailand PM Prayuth Chan-ocha suspended from office amid term-limit row

The petition was filed to parliament last week by the main opposition Pheu Thai party

Peloton taps Amazon to boost US sales of exercise bikes, accessories

The news sent the battered shares of the fitness equipment maker up 18.4% in afternoon trading on Wednesday, putting them on course for their best day since February

Chilean govt plans to cut working hours to 40/week within 5 years

The bill, which aims to reduce the working week from 45 to 40 hours within five years, has stalled in Congress since it was introduced in 2017

Biden student loan forgiveness impacts millions, raises inflation questions

Canceling the debt will free up hundreds of billions of dollars for new consumer spending that could be aimed at homebuying, according to economists

Growth stocks lift Wall Street, all eyes on Jackson Hole; Tesla rises

Tesla rises ahead of stock split; Nordstrom dives after cutting profit forecast; Intuit gains on upbeat revenue forecast, Q4 results

Apple sends invites for Sept 7 event, analysts expect new iPhones

This is a week earlier than the US tech giant traditionally holds its fall event

Mercedes set to lead India's luxury EV market as Tesla stays out

"Now, we are really starting our aggressive offensive into the EV market. In the next five years, 25% of our sales (in India) will be electric," Martin Schwenk said.

Ukraine says Russian 'shackles' worse than missiles 6 months after invasion

President Volodymyr Zelensky defiant, warns of 'brutal strikes' by Russia; UN nuclear agency could visit Ukraine plant in days By Tom Balmforth

High commodity prices to keep rupee under pressure: BofA Securities

"India has continued to post wide trade deficits due to higher prices of oil and other commodities, which have eroded INR's basic balance buffer," the research house said.

Gold range-bound as investors wait for Fed chair's speech at Jackson Hole

Spot gold rose 0.2% to $1,751.16 per ounce by 0854 GMT, trading in a $9 range. It advanced 0.7% in the previous session. U.S. gold futures rose 0.1% to $1,763.60.

How Adani Group moved stealthily to acquire NDTV stake: An explainer

At the heart of Adani Group's two-stage plan to snap up a majority stake in NDTV is a little-known Indian company called Vishvapradhan Commercial Private Limited, founded in 2008

Brent oil climbs above $100 a barrel amid talk about OPEC output cuts

Brent for October settlement reached a three-week high, trading up $1.30, or 1.3%, at $101.52 a barrel by 0850 GMT. U.S. crude was up $1.18, or 1.3%, at $94.92 a barrel.

Defiant Ukraine marks Independence Day, six months after invasion

Ukrainians mark 31 years since they broke free from Russia-dominated Soviet Union on Wednesday in what is certain to be a day of defiance against the Kremlin's six-month-old war to subdue once again

SBICAP Securities name Deepak Kumar Lalla as its CEO, replaces Yadav

SBICAP Securities named Deepak Kumar Lalla as its managing director and chief executive, replacing Naresh Yadav

Asia's richest man Adani's conglomerate on deals spree in India, abroad

Indian billionaire Gautam Adani, Asia's richest man, is making his biggest media bet with a bid to buy a majority stake in New Delhi Television (NDTV)

Indian equity market poised for muted gains this year; volatility to rise

India's equity market will post only minimal gains for the rest of the year amid rising volatility, according to strategists polled by Reuters

Russian politician Roizman detained for criticising Ukraine invasion

Roizman, a former mayor of the city of Yekaterinburg, is being investigated for "discrediting the Russian army"

Yuan has no basis for long-term depreciation, says Chinese state media

The Chinese currency has weakened to two-year lows against the dollar this week, reacting to expectations of further aggressive interest rate hikes from the Fed and a domestic economic slowdown