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OPEC+ sees tighter oil market until May 2022; Group set to meet today

OPEC+ expects the oil market to be in deficit at least until the end of 2021 and stocks to stay relatively low until May 2022, OPEC+ sources said

Google, Facebook, Microsoft top EU lobbying spending, shows study

Such efforts should be a wake-up call to EU policymakers to further beef up the draft laws and lobbying rules, the study by campaign groups Corporate Europe Observatory and LobbyControl warned.

South Korea's parliament passes key law to curb Apple, Google duopoly

The Bill bans major app store operators from forcing software developers to use their payment systems

Oil falls as US refineries shut; Washington pushes Opec to pump more

U.S. West Texas Intermediate (WTI) crude futures were down 43 cents, or 0.6%, at $68.78.

Explained: What happens now that US troops have left Afghanistan?

The end of the US military involvement in the troubled country raises a new set of questions for US President Joe Biden and his administration

Taliban hail victory with gunfire after last US troops leave Afghanistan

Jubilant Taliban seeks 'diplomatic' ties with Americans; Kabul airport in limbo

OPEC+ committee expects oil market to return to surplus in 2022

The OPEC+ joint technical committee (JTC) expects the oil market to remain in a 0.9 million barrel per day (bpd) deficit this year, but hit a surplus of 2.5 million bpd in 2022

Homegrown firm MapmyIndia files draft papers for IPO with Sebi

MapmyIndia, which powers Apple maps in India, has filed draft papers with the domestic market regulator for an initial public offering

India not to be impacted by US Fed's likely liquidity taper: Govt official

India will not be impacted by the US Federal Reserve's move to tighten liquidity expected later this year, as India's macro-economic fundamentals are strong, CEA K V Subramanian said

Oil prices edge lower as US pushes OPEC to pump more crude

Oil slipped on Tuesday as OPEC and its allies geared up for a meeting on Wednesday amid calls from the United States to pump more crude, though Brent still traded well above $70 a barrel

Oil prices edge lower as US pushes OPEC to boost crude output

Prices were also under pressure from concerns that power outages and flooding in Louisiana after Hurricane Ida will cut crude demand from refineries.

Maruti Suzuki sees production impact from semiconductor shortage

India's top car maker Maruti Suzuki expects production at its plants in the states of Haryana and Gujarat to be impacted in September due to a shortage of semiconductors, it said on Tuesday.

Taliban celebrate 'complete independence' as last US troops leave Afghan

America's longest war took the lives of nearly 2,500 US troops and an estimated 240,000 Afghans, and cost some $2 trillion

Prosus buys Indian payments company Billdesk for $4.7 billion

Technology investor Prosus NV purchases 100% of the equity in Indian payments platform Billdesk for $4.7 billion.

Gold prices gain, propped up by sluggish dollar; US jobs data in focus

Gold prices gained, propped up by a sluggish dollar, with investors looking ahead to US non-farm payrolls data which could be the key to the US Federal Reserve's stimulus-tapering decision

Indian shares hit all-time highs on technology boost; GDP data awaited

Indian shares hit record highs for a second straight session, boosted by technology stocks and telecom firm Bharti Airtel, with investors focusing on economic growth data due later in the day

India's economy likely rebounded in April-June amid pandemic risks

India's economy likely rebounded in the April-June quarter from a deep slump last year helped by improved manufacturing and in spite of a devastating second wave of Covid-19 cases

US completes withdrawal of forces from Afghanistan after 20-year war

Forced into a hasty exit, Washington and its NATO allies carried out a chaotic airlift over the past two weeks, but still left behind tens of thousands of Afghans who helped Western countries

Oil prices fall as US refiners shut down by damage from Hurricane Ida

Oil prices fell on Tuesday on concerns that power outages and flooding in Louisiana after Hurricane Ida will cut crude demand from refineries at the same time global producers plan to raise output

S Korean PM backs early return to work for paroled Samsung leader: Report

South Korean Prime Minister Kim Boo-kyum told the Financial Times that he backed calls for Samsung leader Lee Jae-yong to return to managing the global tech firm weeks after being released from prison