Page 372 - Reuters%20/undefined

Japan's 1st new banknotes in 20 years use holograms to defeat counterfeits

The notes use printed patterns to generate holograms of the portraits facing different directions, depending on the angle of view

President Biden, Democratic allies raise $264 million in second quarter

The Democratic president's re-election effort has $240 million in cash on hand, the campaign said

Meta to end ban on the word 'shaheed' on oversight board's recommendations

The company has been criticized for years over its handling of content involving the West Asia

Tesla's quarterly deliveries beat estimates on incentives; shares rally

Shares of the world's most valuable automaker rallied more than 10% on Tuesday, hitting the highest level in nearly six months

US job openings up in May; layoffs picked up amid slowing economic activity

Data for April was revised lower to show 7.919 million unfilled positions instead of the previously reported 8.059 million

Zerodha expects end of zero brokerage business model after new fee rules

The new fee structure, which kicks in from October, has a significant impact on brokers, traders and investors, Nithin Kamath, CEO and co-founder of Zerodha, said on social media platform X

Fed needs more evidence of falling inflation before cutting rates: Powell

Data for May showed the Fed's preferred measure of inflation did not increase at all that month, while the 12-month rate of price increases has ebbed to 2.6%

JD.com among possible bidders for British parcel company Evri: Report

JD.com is through to the second stage of bidding after submitting a non-binding offer last month, the people said

Pfizer, Moderna Covid vaccine patents battle to continue after UK ruling

Moderna had argued Pfizer and BioNTech copied mRNA advances it had pioneered and patented well before the Covid-19 pandemic began in late 2019

Ukraine eyes debt deal before deadline, seeks to add GDP warrants: Report

The war-torn country also intends to include GDP warrants as part of its effort to restructure some $20 billion of international bonds, said the sources

ArcelorMittal decides against shutting its South African steel plant

It expects to report a headline half-year loss per share between 0.96 rand and 1.04 rand, compared with a headline loss of 0.40 rand per share in the same period last year

US treasury yields boost dollar, leave Japan's yen dazed at 38-year low

On Tuesday, the yield on the 10-year note was down 2 basis points on the day at 4.4554%, around its highest since the start of the month

Shell to pause construction work at Dutch biofuels project as market sags

It is rare for companies to suspend development of projects underway. Rival BP last week said it is pausing two biofuel projects in Germany and the United States

Sri Lanka to save $5 billion after bilateral debt rework: Wickremesinghe

The cash-strapped South Asian country inked deals with China and other creditor nations to restructure about $10 billion

Airbus delivers 67 planes in first half of June, up 2% from last year

On a quarterly basis, the preliminary figure implies a 4 per cent drop since the second quarter of last year

Child labourers at India's Som liquor unit worked 11 hrs a day: Govt

In the Som inspection report, the state government said the children working there were not given training on how they could protect themselves from harmful chemicals

China's BYD posts 21% rise in quarterly EV sales, closes gap with Tesla

Sales of new energy vehicles including EVs and plug-in hybrids in China made up 46.7 per cent of total car sales in May

ECB's next interest rate cut easy decision before choices become hard

ECB cut rates in early June but made no commitment about any further moves, arguing inflation was still too high

UK's Jeremy Hunt in knife-edge election battle as Conservatives lose faith

The 57-year-old, appointed in 2022 to stabilise the economy when former premier Liz Truss sparked a bond market rout, has focused as much on the local in his campaign

Cost of capital to slide as demand for bonds to exceed supply: Axis Capital

At present, the spread between the 10-year benchmark bond yield and similar tenor state debt yield is around 31-35 basis points