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Dollar pauses for breath ahead of Jackson Hole symposium this week

The US dollar steadied just below recent peaks, as investors waited to hear from the Federal Reserve and pondered whether weak US data may slow the pace of rate hikes

Oil prices jump nearly 4% on Tuesday on OPEC+ supply tightening fears

Underlining tight supply, the latest U.S. inventories weekly reports are expected to show crude stocks declining 900,000 barrels last week

Here's how 6-months of Ukraine-Russia war rattled global financial markets

Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation" thousands have been killed, millions made homeless and the world has seen the worst East-West tension

India forced Twitter to put agent on payroll, says whistleblower

Indian govt had forced Twitter to put one of its agents on the payroll with access to user data, alleges ex -security chief

Meta Platforms reaches $37.5-mn deal on location tracking lawsuit

A preliminary settlement of the proposed class action was filed on Monday in San Francisco federal court, and requires a judge's approval

Almost half of Europe facing its worst drought for 500 years: Study

Much of Europe has faced weeks of baking temperatures this summer, which worsened the drought, caused wildfires, set off health warnings, and prompted calls for more action to tackle climate change

Iran has dropped some demands for nuclear deal, says US official

The United States aims to respond soon to a draft agreement proposed by the European Union that would bring back the 2015 nuclear deal with Iran that former President Donald Trump abandoned

Twitter's ex-security chief says company lied about security, bots: Report

Twitter executives don't have the resources to fully understand the true number of bots on the platform, and were not motivated to, says Peiter Zatko

Alteria Capital in talks to raise up to Rs 3,500 cr for third fund

Alteria, counted among the top three venture debt firms in India, boasts of Rs 2,800 cr in AUM and a portfolio that includes at least eight startups valued at $1 bn or above

Nasdaq ticks up on hopes of less aggressive rate hikes after weak PMI data

US composite PMI at lowest since February 2021; Zoom tumbles on weak forecast; Macy's shares rise on earnings beat

Dollar, treasury yields slip as US data suggests less hawkish Fed

Gold snapped a six-session losing streak while Wall Street was little changed on hopes the Fed will turn dovish

Oil prices jump almost 3% as tight supply moves back into focus

Oil has soared in 2022, coming close in March to an all-time high of $147 after Russia's invasion of Ukraine exacerbated supply concerns

Intel, Brookfield to invest up to $30 bn in Arizona chip factories

The move comes after US President Joe Biden earlier this month signed the CHIPS and Science Act into law, which included provision of $52.7 bn in subsidies for U. semiconductor production and research

Pfizer's Covid vaccine 73.2% effective in kids under 5, shows new data

The updated data showed 13 children had Covid, at least seven days after receiving a third dose of the Pfizer-BioNTech COVID-19 vaccine, compared with 21 cases among those who received a placebo

Foreigners return to Indian equities on hopes of stronger earnings

According to stock exchange data, foreigners have invested $6.4 billion in Indian equities since the start of July, after dumping over $27 billion-worth over the previous six months.

Chennai Petroleum Corp forms joint venture for Rs 31,580-cr refinery

Joint venture formed to implement 9 MMTPA refinery project at Cauvery Basin Refinery

Oil prices climb $1 a barrel as tight supply moves back into focus

The Saudi energy minister said OPEC+ had the means to deal with challenges including cutting production, state news agency SPA said on Monday, citing comments Abdulaziz bin Salman made to Bloomberg

Euro slumps to two-decade lows against dollar as energy crisis bites

China's yuan weakened to a two-year low, while sterling briefly touched its weakest since March 2020.

Weaker German, French economic data compound energy and euro woes

The S&P flash composite PMI, which tracks manufacturing and services, showed that a downturn in Germany, Europe's biggest economy, deepened in August due to high inflation and rising interest rates.

Rupee worries force India's importers to hedge extra: An analysis

Foreign investors have withdrawn almost $25 bn from Indian equity and debt markets so far in 2022, as money rushes back into higher yielding dollars