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Sweden's Paabo wins 2022 Nobel Prize in Medicine for research on evolution

Paabo won the coveted award for his discoveries 'concerning the genomes of extinct hominins and human evolution', the award-giving body said on Monday

Vodafone in talks for UK merger with Hutchison's Three, shares rise

Merger would create new leader in British mobile market; Vodafone in talks about creating a 51%-49% joint venture; deal structured using debt, with no cash consideration

RBI sells dollars as rising oil prices push rupee to near new low: Traders

The rupee was last trading at 81.90, down from 81.34 in the previous session. The local unit reached a record low of 81.95 last Wednesday

Credit Suisse shares slip despite moves to soothe investor concerns

Shares fell as much as 10% in early trading on Monday; bank's euro-denominated bonds reach record lows; Swiss bank says its capital, liquidity are strong

UK PM Liz Truss makes U-turn on tax after week of market turmoil

The U-turn comes after the govt's fiscal plans triggered a crisis of investor confidence, jolting markets to such an extent that the BoE had to intervene with a 65 billion pound bond-buying programme

Brazil election enters runoff as Bolsonaro dashes Lula's hope of quick win

The unexpectedly strong showing by Bolsonaro on Sunday dashed hopes for a quick resolution to the deeply polarised election in the world's fourth-largest democracy

Q4 off to shaky start as world stocks stumble to lowest since 2020

Sentiment across markets remained frail given worries that aggressive interest rate hikes from the likes of the US Federal Reserve raises global recession risks

Gold climbs 0.5% on weaker dollar even as interest rate hikes loom

Spot gold was up 0.5% at $1,667.89 per ounce, as of 0603 GMT. U.S. gold futures were 0.2% higher at $1,675.30

Oil jumps nearly $4 as OPEC+ weighs biggest output cut since 2020

Brent crude futures rebounded $3.46, or 4.1%, to $88.60 a barrel by 0915 GMT. US West Texas Intermediate crude was up 4.3%, or $3.39, at $82.88

RBI may set cut-off yield on 10-year state bonds in 7.74-7.77% band: Report

Indian states will aim to raise an aggregate of 195 billion Indian rupees ($2.38 billion) on Monday through sale of bonds maturing in eight years to 25 years

Sterling rebounds 1% on reversal of proposed tax cut plan; yen weakens

Sterling climbed higher on Monday after British finance minister Kwasi Kwarteng said the government would reverse a plan to scrap the UK's highest rate of income tax

Manufacturing PMI dips to 3-month low of 55.1 in September on poor demand

India's factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence

Antipodean currencies advance ahead of rate decisions, dollar edges lower

The Australian and New Zealand dollars gained ground ahead of expected rate hikes from their respective central banks later in the week, while the dollar slipped against a basket of currencies

India slashes base import prices of crude and refined palm oil, gold

India has slashed the base import prices of crude and refined palm oil, crude soya oil and gold, the government said in a statement late on Friday, as prices corrected in the world market

Will protect business interests after freezing of assets in India: Xiaomi

Chinese smartphone maker Xiaomi Corp on Sunday said it was "disappointed" with an Indian order that froze $682 million of its assets and would continue to protect its interests

Oil jumps more than 3% in Asian trade as OPEC+ mulls cuts up to 1 mn bpd

Oil prices jumped more than 3% in early Asian trade on Monday as OPEC+ considers cutting output of up to 1 million barrels per day at a meeting this week to support the market

Reliance Jio to launch 4G enabled low-cost laptop at Rs 15,000: Report

Mukesh Ambani-led RIL has partnered with global giants Qualcomm and Microsoft for the JioBook, say sources

Tesla's EV deliveries miss estimates in Q3, slowed by logistic snarls

Tesla delivered 343,830 electric vehicles, while analysts on average had expected 359,162, according to Refinitiv. A year earlier Tesla delivered 241,300 units

Lula leads polls as Brazil votes in tense presidential contest

Most polls have shown Lula with a solid lead for months, but Bolsonaro has signaled he may refuse to accept defeat, stoking fears of institutional crisis or post-election violence

India slashes base import prices of crude, refined palm oil and gold

India has slashed the base import prices of crude and refined palm oil, crude soya oil and gold, the government said in a statement late on Friday, as prices corrected in the world market.