Page 786 - Reuters%20/t%20_blank

Oil prices drop as coronavirus outbreaks in China dent fuel demand

Brent crude futures dropped by 22 cents, or 0.2%, to $94.45 a barrel at 0025 GMT after falling 1.5% in the previous session

Gold prices head for weekly loss on hawkish US Fed Reserve's stance

Gold prices were little changed on Friday, but the metal was headed for a second straight weekly drop as a stronger dollar and U.S. Federal Reserve's hawkish policy stance clouded outlook

Global equities fall, US Treasury yields rise after hawkish Fed rate hike

The Dow Jones Industrial Average fell 0.46% to 32,001.25, the S&P 500 lost 1.06% to 3,719.89 and the Nasdaq Composite dropped 1.73% to 10,342.94

Morgan Stanley plans fresh round of layoffs globally in coming weeks

Some cuts will come from capital markets teams in Hong Kong and mainland China, and most of the rest are expected to be from other teams focusing on China business, both onshore and offshore

Bank of England raises rates by most since 1989 even as recession looms

Central bank raises bank rate to 3% from 2.25%

Adani Enterprises Q2 net more than doubles to Rs 4.61 bn, revenue triples

Adani Enterprises, which entered the Nifty 50 stock index at the end of September, acts as an incubator for new businesses launched by the Adani Group

Ajit Mohan steps down as Meta India head, may join social media firm Snap

Manish Chopra, director and head of partnerships at Meta India, will take over on an interim capacity

Vodafone Idea Q2 loss widens on higher expenses, subscriber loss

ARPU of larger rivals Reliance Jio and Bharti Airtel was at 177.2 rupees and 190 rupees in the quarter, respectively

Hero MotoCorp reports bigger-than-expected fall in Q2 net as expenses rise

Analysts, on average, had expected a profit of Rs 7.41 billion, according to Refinitiv IBES data

North Korea fires suspected ICBM, warns US against 'dangerous' choices

On Oct 4, North Korea launched a ballistic missile over Japan for the first time in five years

Oil prices fall as US Fed interest rate hike raises fuel demand concerns

OPEC and its allies including Russia, known collectively as OPEC+, also decided to cut targeted output by 2 million bpd from this month

5 dead after methane leak at ArcelorMittal coal mine in Kazakhstan

Five people died and four others were hospitalised after a methane gas leak at an ArcelorMittal coal mine in Kazakhstan

G20 host Indonesia waiting to see if Russia's Putin will attend summit

Foreign Minister Retno Marsudi told Reuters in an interview that Putin's attendance at the meeting might only become clear at the last minute

Pfizer, BioNTech start Covid-flu combination vaccine early-stage study

The single-dose vaccine candidate is a combination of Pfizer's mRNA-based flu shot and the companies' Omicron-tailored Covid-19 booster shot

Europe leans on Asian firms for 'homegrown' electric vehicle batteries

French battery startup Verkor, for example, announced on Wednesday that it had raised 250 million euros ($249 million) to fund a megafactory

Dollar rallies as US Federal Reserve signals more rate hikes; pound drops

The Japanese yen eased 0.2% against the dollar to 148.18, as traders continue to watch for any further official intervention to shore up the battered currency

Bond yields spike, tracking US peers on Fed's hawkish monetary policy tone

The 10-year U.S. yield rose above 4.10%, but the two-year US yield, which is a more direct indicator of rate expectations, rose closer to its highest level in over 15 years

Gold prices at two-week low as Jerome Powell quashes dovish pivot hopes

Higher US interest rates increase the opportunity cost of holding the non-yielding asset and boosts the dollar

Adani Total Gas reports marginal rise in Q2 profit to Rs 1.60 billion

Adani Total Gas said revenue rose due to increased volumes and higher prices, as it passed on some of the rise in input costs to customers

October iron ore exports 'nearly zero', says mining body official

"In October, exports were nearly zero, and it will be so while the duty remains," R.K. Sharma, secretary-general of the Federation of Indian Mineral Industries (FIMI), told Reuters in an interview