Page 419 - Reuters%20/t%20_blank

Israel rescues 4 hostages in Gaza raid; Hamas says 210 Palestinians killed

The hostage rescue operation and an intense accompanying air assault took place in central Gaza's al-Nuseirat, a densely built-up and often embattled area in the conflict between Israel and Hamas

IPOs of Flipkart, PhonePe could take couple of years, says Walmart exec

Walmart may put an initial public offering of PhonePe ahead of Flipkart, even though Flipkart is a more mature business

Saudi Arabia set to raise $11.2 bn from secondary offering of Aramco shares

Aramco's book was covered four to five times near the bottom of the price range of 26.7 to 29 riyals

US job gains blow past expectations in May, wage growth accelerates

Nonfarm payrolls increased by 272,000 jobs last month, the Labor Department's Bureau of Labor Statistics said

Lok Sabha election results: Rural vote fall cost Modi decisive poll win

The BJP, which held 201 rural constituencies in the 543-member parliament, retained only 126 of them in the mammoth election, the analysis showed

Major world economies seek to halt financing of private sector coal deals

Under the plan, financial institutions would fund the early retirement of coal plants, rather than divest from these assets

German central bank warns of inflation, lowers growth forecast for 2024

The warning from Europe's biggest economy is likely to reinforce expectations that interest rates can only come down slowly. Inflation has fallen from double-digit territory in late 2022

India's medium-term fiscal consolidation may get more challenging: Fitch

"Our expectation is that the government will look to achieve the 4.5% fiscal deficit target by 2025-26," Jeremy Zook, director - Asia-Pacific sovereigns at Fitch told Reuters in an interview

Russian central bank keeps key rate unchanged at 16%; inflation at 8.17%

"The Bank of Russia holds open the prospect of increasing the key rate at its upcoming meeting," the bank said in a statement

World food prices surge for third consecutive month in May, says UN

The FAO index hit a three-year low in February as food prices continued to ease off from a record peak set in March 2022, following Russia's invasion of fellow crop export major Ukraine

RBI's GDP projections, gains in IT stocks help Indian shares trade higher

The NSE Nifty 50 index was up 1% at 23,060 points and the S&P BSE Sensex added 1.2% to 75,941 points after the rate decision

Germany looking into buying 8 additional Lockheed Martin F-35 fighter jets

The jets are equipped with advanced sensors and other gear, and nearly impossible to track with radar

Growing reliance on Big Tech firms for AI carries new risks: European banks

Excitement around using artificial intelligence (AI) in financial services - widely used already for detecting fraud and money-laundering - has soared

Assessing need for more measures to slow unsecured lending: RBI Guv Das

The Reserve Bank of India has warned lenders against "all forms of exuberance" due to worries about the rising risks

US job growth to remain at moderate pace in May, wage gains hold steady

The Labour Department's closely watched employment report on Friday is also expected to show the unemployment rate remained below 4 per cent for the 28th straight month

Amid sanctions, Putin pivots to eastern allies for Russian investment forum

Western sanctions have not torpedoed Russia's economy, however, and Moscow has nurtured ties with China, major regional powers in the Middle East and across Africa and Latin America

Meta faces call in EU not to use personal data of users to train AI models

Meta has previously cited a legitimate interest for using users' data to train and develop its generative AI models and other AI tools, which can be shared with third parties

As Trump narrows search for vice-prez, his short list is nearly all men

Some of the wealthy donors said Trump should select former primary rival Nikki Haley as his No. 2

Indian govt bond yields flattish as investors eye RBI guidance for cues

Bond yields shot up on Tuesday and have largely remained elevated after a weakened mandate for Prime Minister Narendra Modi's party

Rupee to hold above $83.50; awaits RBI policy, US non-farm payroll report

Non-deliverable forwards indicate rupee will mostly be flat from 83.4725 in the previous session