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Denmark's Carlsberg to remove partner's board members from India unit

According to a source with direct knowledge of the matter, Carlsberg has taken action against two board members

Focused on getting self-driving Teslas in wide release by year-end: Musk

Speaking at an energy conference in Norway, Tesla CEO said his attention was currently focused on his SpaceX Starship spacecraft and self-driving Tesla electric cars

Dollar touches 20-year high, but kept in check by euro, as rates in focus

The dollar index, which measures the currency's value against a basket of peers, scaled a fresh two-decade peak of 109.48 before retreating

Pakistan flood damage estimated to be at least $10 bn: Planning minister

Unprecedented flash floods caused by historic monsoon rains have washed away roads, crops, infrastructure and bridges, killing at least 1,000 people in recent weeks and affecting more than 33 mn

Oil prices jump over $3/barrel on prospect of OPEC-plus supply cut

Oil prices rose more than $3 a barrel on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar

Elon Musk subpoenas Twitter whistleblower, seeks info on spam, security

A Twitter attorney said at a court hearing last week that Musk's focus on spam as a way to end his agreement to buy the company was 'legally irrelevant'

Gold prices recover from one-month low as dollar index down 0.2%

Spot gold rose 0.3% to $1,742.83 per ounce by 10:09 a.m. ET (1409 GMT). Prices touched their lowest since July 27 at $1,719.56 earlier in the session

Water-related disasters to cost world economy $5.6 trn by 2050: Report

This year heavy rains have triggered floods that inundated cities in China and South Korea and disrupted water and electricity supply in India, while drought has put farmers' harvests at risk

Wall Street extends losses on rate hike worries; Dow falls over 200 pts

Traders expect 75bps rate hike in September; Dow Inc falls after Keybanc cuts to 'underweight'

Bangladesh to import rice from Vietnam and India to replenish reserves

Bangladesh is finalising deals with Vietnam and India to import a total of 330,000 tonnes of rice as it races to replenish reserves and cool domestic prices

Reliance to develop new smartphone with Google in $25-bn 5G push

Phone being developed with Google would be "ultra-affordable", says Mukesh Ambani

At 45th AGM, Reliance unveils Rs 75k-cr plan to boost oil to chemicals biz

'We are committed to maximise oil to chemicals integration and convert our advantageous feedstock streams to high-value chemicals and green materials,' says RIL chairman

Crude oil prices edge higher on prospect of supply cut by OPEC-plus

Oil edged higher on Monday to extend last week's gains as potential OPEC+ output cuts and conflict in Libya helped to offset a strong US dollar and a dire outlook for US growth

India bond yields end higher as US Fed's hawkish stance unnerves investors

Indian government bond yields ended higher on Monday, tracking US Treasury yields, as the Fed emphasised it would keep raising rates to rein in inflation

Gold drops 0.8% as US dollar shines on Powell's rate hike warning

Gold prices took a beating as US Federal Reserve Chair acknowledged that a quick undo of central bank's rate tightening was far from over, which boosted the dollar and sent bullion to a one-month low

World stocks and bonds slump; US dollar hot as rate fever takes hold

World stocks slumped as the growing risk of more aggressive interest rate hikes in the US and Europe inflicted fresh pain on bond markets and pushed the dollar to new 20-year highs

Goldman bets on Indian bond-swap spreads tightening, recommends 5-yr bonds

Goldman Sachs is recommending a spread trade in Indian debt markets that will help investors cash in on bullishness in the bond market

Tesla CEO Elon Musk says world still needs oil and gas

Asked if Norway should continue to drill for oil and gas, Musk said: 'I think some additional exploration is warranted at this time'

Dollar hits 20-year high as Fed flags higher rates for longer period

The U.S dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair Jerome Powell signaled interest rates would be kept higher for longer

Gold hits 1-month low as dollar firms, Powell signals high interest rate

Gold prices hit a more than one-month low on Monday, pressured by a robust dollar after Jerome Powell signalled continuing with an aggressive monetary policy to tame inflation