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Twitter queries banks on Musk's attempts to undermine $44 billion deal

Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company.

Japan's services sector nearly stagnates in July amid rising inflation

Japan's services sector activity almost completely stagnated in July as rising inflation and growing economic uncertainty weighed on sentiment.

Russia accuses the US of direct role in Ukraine war, missile attacks

Russia has accused the United States of direct involvement in the Ukraine war, while the first ship carrying Ukrainian grain to world markets since Moscow's invasion is due to be inspected in Turkey

New Zealand employment market tight as wage inflation hits 14-year high

New Zealand's jobless rate held just above historic lows while wage inflation hit a 14-year high, raising prospect that the central bank might have to increase rates more aggressively than expected

Dollar climbs with US yields after Fed doves say expect more rate hikes

The US dollar remained elevated on Wednesday following its biggest surge in three weeks against major peers overnight

Oil prices fall in early trade on demand worries, stronger US dollar

Oil prices fell about 1% in early trade on Wednesday, reversing gains from the previous session ahead of a meeting OPEC+ producers on fears of a slowdown in global growth

Telangana bets big on oil palm, to cut $19 billion vegoil imports

Telangana is targeting 2 million additional acres under oil palm cultivation in the next four years, and is going to great lengths to achieve this goal

SpiceJet lessor asks India's DGCA to de-register its Boeing aircraft

Alterna Aircraft Ltd, an Ireland-based lessor of budget-airline SpiceJet Ltd, has asked India's aviation regulator to de-register its plane.

BP boosts dividend after Q2 profit hits 14-year high of $8.45 bn

BP boosts dividend by 10%; BP to boost spending on oil and gas, CEO says; profits driven by strong oil trading, hit by LNG

HSBC rejects break-up call, promises higher quarterly dividend

Hard-sells growth plan to disgruntled investors

Pelosi arrives in Taiwan, voicing US 'solidarity' as China fumes

Chinese warplanes buzz Taiwan Strait dividing line; US House speaker's visit has enraged Beijing; Beijing insists self-ruled Taiwan is part of China

Gold prices extend gain on global recession fears, Sino-US tensions

Spot gold was up 0.3% at $1,777.79 per ounce by 10:56 a.m. ET (1456 GMT). U.S. gold futures gained 0.6% to $1,795.90.

Wall Street falls on rising US-China tensions; Uber gains post Q2 results

Speaker Nancy Pelosi expected in Taipei later today; Caterpillar falls after missing sales estimates; Uber gains after reporting positive cash flow

Uber likely to sell stake in Zomato in mega block deal tomorrow: Report

The offer size of $373 million was based on the lower end of a Rs 48-Rs 54 price range set for the block deal, shows a document

Semiconductor stocks under pressure as China-Taiwan tensions mount

China views the visit by Pelosi, second in the line of succession to the U.S. presidency and a long-time critic of China, as sending an encouraging signal to the pro-independence camp in Taiwan

Uber turns cash flow positive for the first time in Q2, shares surge

Uber generated free cash flow of $382 mn in second quarter, topping analysts' expectations of $263.2 mn, as trips exceeded pre-pandemic levels, boosted by reopening of offices, travel demand surge

Govt eases coal import targets as inventories improve in some states

Power ministry has asked PSU utilities and private power producers to assess the amount of coal needed to be imported for blending, according to a notice issued

Toyota unit falsified emissions data from at least 2003, probe finds

The investigative committee tasked by truck and bus maker Hino Motors Ltd blamed the scandal on an environment where engineers did not feel able to challenge superiors

Oil prices slip as global demand concerns weigh, OPEC+ meeting eyed

Surveys showed on Monday that factories across the United States, Europe and Asia struggled for momentum in July as flagging global demand and China's strict COVID-19 restrictions slowed production.

Gold steadies as lower US treasury yields counter uptick in dollar

Spot gold was flat around $1,771.29 per ounce by 0843 GMT, after hitting its highest since July 5 at $1,780.39 earlier in the session.