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The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
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Rupee reports best month since Jan on back of strong foreign fund inflows
Strong macroeconomic fundamentals like higher growth, cooling inflation, strong earnings have attracted over $3.5 billion of inflows
 "Rupee reports best month since Jan on back of strong foreign fund inflows")
EU secures vaccine deals with Pfizer, and others for future pandemic
Vaccine equity activists said the EU risked a repeat of what the World Health Organization dubbed "vaccine apartheid" during Covid-19.
 "EU secures vaccine deals with Pfizer, and others for future pandemic")
China's PBOC asks foreign banks about dollar deposit rates amid weak yuan
Total FX deposits in China stood at $851.8 billion at end-May, data shows.
 "China's PBOC asks foreign banks about dollar deposit rates amid weak yuan")
Shell's renewables boss Thomas Brostrom to leave after CEO strategy shift
Thomas Brostrom joined Shell from offshore wind giant Orsted in August 2021 to head offshore wind as the company planned to rapidly grow its wind and solar operations
 "Shell's renewables boss Thomas Brostrom to leave after CEO strategy shift")
Govt likely to recover 'excess revenue' earned by power companies
Under the early-stage proposals, a uniform price cap on spot power trades would be replaced with new limits for each source of power generation
 "Govt likely to recover 'excess revenue' earned by power companies")
Bausch + Lomb to buy dry-eye drug maker Novartis for $1.75 bn: Report
Acquisition of the drug, Xiidra, will mark the first big deal by CEO Brent Saunders since he returned to the company in March
 "Bausch + Lomb to buy dry-eye drug maker Novartis for $1.75 bn: Report")
Investors pour most money into Japan stocks since 2020, says BofA
Foreign investors are excited about the prospect of a new era of growth in corporate Japan and their buying helped the Nikkei share benchmark to scale three-decade peaks earlier this month
 "Investors pour most money into Japan stocks since 2020, says BofA")
Edtech giant Byju's seeks investors for Aakash Education stake: Report
The company bought Aakash Education for $950 million in 2021
 "Edtech giant Byju's seeks investors for Aakash Education stake: Report")
6 injured in Sahithi Pharma factory fire in Andhra Pradesh: Police
Two of the injured were hospitalized with critical burns after a fire broke out in a solvent reactor at a unit of Sahithi Pharma, District Superintendent of Police Murali Krishna said
 "6 injured in Sahithi Pharma factory fire in Andhra Pradesh: Police")
Ukraine to receive $1.5 bn from World Bank to support reconstruction
Ukraine is rebuilding schools, hospitals, roads and bridges and implementing repairs in the energy sector despite continued fighting in the south and east of the country
 "Ukraine to receive $1.5 bn from World Bank to support reconstruction")
Importers must hedge near-term exposures on dollar rally risk, say analysts
The greenback is projected to strengthen against most Asian currencies in the July-September quarter, with a rate hike by the Fed at its July meeting now a near certainty
 "Importers must hedge near-term exposures on dollar rally risk, say analysts")
Multi Commodity Exchange tanks after extending IT contract at higher cost
MCX's transition to the TCS-run platform has been delayed, despite the company assuring analysts and its investors that the transition would take place by end-June
 "Multi Commodity Exchange tanks after extending IT contract at higher cost")
World Bank approves $1.5 bn financing for India's low carbon energy sector
The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen and stimulating climate finance for low-carbon energy investments, the bank said
 "World Bank approves $1.5 bn financing for India's low carbon energy sector")
Indian rupee may struggle on more Fed rate hike bets, US yields surge
Non-deliverable forwards indicate rupee will open at around 82.08 to the US dollar compared with 82.0550 in the previous session
 "Indian rupee may struggle on more Fed rate hike bets, US yields surge")
S&P 500 advances, Treasury yields touch 3-month high on solid economic data
Financials led the gainers after the Federal Reserve's stress test showed US lenders have adequate capital to weather an economic storm
 "S&P 500 advances, Treasury yields touch 3-month high on solid economic data")
Oil settles higher, trade choppy as tight supply vies with rate hike fear
European Central Bank President Christine Lagarde has cemented expectations for a ninth consecutive rise in euro zone rates in July
 "Oil settles higher, trade choppy as tight supply vies with rate hike fear")
No deal for access to Britain's labour market: UK on India FTA talks
Britain launched trade talks with India in January last year, and Prime Minister Rishi Sunak has stressed that he won't sacrifice quality for speed in negotiations
 "No deal for access to Britain's labour market: UK on India FTA talks")
US Supreme Court rejects affirmative action in university admissions
Decision deems Harvard and UNC policies unconstitutional
 "US Supreme Court rejects affirmative action in university admissions")
US Supreme Court rejects affirmative action in university admissions
Upends decades-old policies on so-called affirmative action, also called positive discrimination
 "US Supreme Court rejects affirmative action in university admissions")
US weekly jobless claims decline, first-quarter GDP revised higher
Initial claims for state unemployment benefits dropped 26,000 to a seasonally adjusted 239,000 for the week ended June 25, the Labor Department said