Page 814 - Reuters%20/t%20_blank

Wall Street extends declines on recession worries; Dow falls over 300 pts

Tech, consumer discretionary pare back gains; casino stocks jump as Macau allows tour groups after nearly 3 years

Unilever CEO to quit at 2023-end as investors question credibility

The move was met with disapproval from shareholders, some of whom also criticised Unilever for prioritising sustainability over core growth

Oil prices hit nine-month low on recession fears, US dollar surge

Brent crude futures for November settlement slipped by 82 cents, or 1%, to $85.33 a barrel at 1110 GMT. The contract fell as low as $84.51, the lowest since Jan 14

India's push for homegrown navigation system jolts smartphone giants

In line with Prime Minister Narendra Modi's drive for self-reliance, India has over the years expanded the use of its regional navigation satellite system called NavIC

Google's India policy head Archana Gulati resigns, says report

At Google, Gulati led a team of public policy executives who look at various regulatory implications for the company in India, one of its key growth markets

Fisker to sell electric SUV in India with view to local production

Sales of electric cars in India will gather pace by 2025-26, Henrik Fisker said and added that the company wants to secure a first-mover advantage

Kremlin says no decisions taken on border closure amid mobilisation

In a call with reporters, Kremlin spokesman Dmitry Peskov also acknowledged that some call-ups had been issued in error, and that mistakes would be corrected

Rupee closes at new low against US dollar amid risk-off mood

The dollar index traded above 113-levels for the first time since 2002 as deep tax cuts in the UK sent the sterling to a record low

Gold steadies as dollar rally pauses, but Fed rate-hike fears prevail

Spot gold was little changed at $1,645.47 per ounce as of 0724 GMT. Prices fell as much as 1% earlier in the session to hit $1,626.41, their lowest level since April 2020

Pound plunge the latest ill omen as stock markets down across the world

The pound plunged nearly 5% at one point in Asia trade to break below 1985 lows and hit $1.0327. Moves were exacerbated by thinner liquidity in the Asia session

Indian rupee may sink to 82.50 against towering dollar, funding gap: IDFC

The Indian rupee could decline to 82.50 against the dollar by March, driven by the greenback's surge and the country's balance of payment deficit, IDFC First Bank said in a research note

Sterling collapses, pound plunged nearly 5% as investors fly into dollars

Sterling slumped to a record low on Monday, prompting speculation of an emergency response from the Bank of England, as confidence evaporated in Britain's plan to borrow its way out of trouble

Gold hits 2-1/2-year low weighed down by sturdy dollar, Fed rate hike

Gold prices fell to a new 2-1/2-year low on Monday, weighed down by a sturdy dollar and prospects of further interest rate hikes by the U.S. Federal Reserve to bring down inflation.

British PM Liz Truss may lift immigration cap to fight labour shortage

Plans to introduce more tax cuts next year as part of first full Budget

China EV maker Leapmotor set to raise $800 mn in Hong Kong IPO: Report

While that is less than the $1.03 bn the EV maker had said it was aiming to raise in its regulatory filings last week, the IPO would still be Hong Kong's largest this year

After feverish week, global investors lick wounds; brace for more chaos

Global investors are preparing for more market mayhem after a monumental week that whipsawed asset prices around the world, as central banks and governments ramped up their fight against inflation

Oil India sees 'healthy' profit in September qtr despite windfall tax

Oil India Ltd is expecting a "healthy profit" for the quarter ending Sept. 30 despite a levy of windfall tax on crude sales, Harish Madhav, head of finance at India's state-run oil producer, said

Roger Federer's trophy-laden career ends in defeat at London's O2 Arena

It was surely unthinkable that Roger Federer's trophy-laden career would end with a defeat but that is what transpired as the 41-year-old Swiss maestro lost alongside Rafa Nadal on an emotional night

Oil plunges to 8-months low on strong dollar, looming recession fears

Oil prices plunged about 5% to an eight-month low on Friday as the US dollar hit its strongest level in more than two decades and on fears rising interest rates will tip major economies into recession

Byju's pays $234 mn to Blackstone Inc related to Aakash deal: Report

India's Byju's has paid 19 billion rupees ($234 million) to Blackstone Inc, settling its dues owed to the private-equity firm as part of a $950 million deal to buy Aakash Educational