Page 1010 - Reuters

India's gasoil sales rise in Dec, but Omicron seen dampening demand

Movement of gasoil-consuming trucks in India picked up in December as more fruits and vegetables were transported across the country than usual that month

China Evergrande shares halted; firm to release 'inside information'

The company is struggling to repay more than $300 billion in liabilities

Tesla's bumper quarterly delivery numbers light up shares

Shares of the world's most valuable carmaker were up about 7% at $1,126.5 in premarket trading

Oil starts 2022 with rally towards $79 as Omicron impact concerns ease

Brent crude rose 95 cents, or 1.2per cent, to US$78.73 a barrel as of 0923 GMT. U.S. West Texas Intermediate (WTI) crude added US$1.03 or 1.4per cent, to US$76.24

India's October-December sugar output rises 4.3% YoY: trade body

India is the world's second-biggest sugar producer and the higher output could weigh on global prices

Gold steadies near 6-week high as firmer yields offset Omicron woes

Benchmark 10-year U.S. Treasuries ended 2021 with the largest yield increase since 2013

Future Retail asks court to declare arbitration with Amazon illegal

The case will likely be heard by judges this week.

Indian factories end 2021 on strong note despite dip in momentum in Dec

The PMI survey results reinforce evidence of a continued recovery in Asia's third-largest economy from the coronavirus pandemic-induced slump.

India's December jobless rate hits 4-month high of 7.9%: CMIE data

India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian Economy (CMIE) showed

Australia to push ahead with reopening amid record Covid-19 cases

Record daily case numbers were reported on Monday in the states of Victoria, Queensland, South Australia and Tasmania, as well as the Australian Capital Territory

At 7.2%, Singapore's 2021 GDP grows at fastest pace in over a decade

The city-state's economy grew 7.2% in 2021, preliminary data showed on Monday, broadly in line with the government's official projection and rebounding from the record 5.4% contraction in 2020

S Korea factory activity quickens but output, export orders shrink: PMI

Activity in South Korea's factories expanded at the fastest pace in three months in December but the economy struggled to gather momentum

LG Energy Solution targets $10.8 billion in S Korea's biggest-ever IPO

Korean battery maker LG Energy Solution has opened the books to investors to raise up to $10.8 billion in the country's largest ever

US Defense Secretary Austin tests positive for Covid-19, symptoms mild

Lloyd Austin will retain all authorities despite testing Covid positive as he is quarantined at home for the next five days

Oil starts new year on positive note, pandemic worries curb gains

Oil prices rose on Monday as the market kicked off 2022 on a positive note, although concerns over demand waning due to rapidly spreading Covid pandemic limited gains

Gold steady as rising bond yields counter Omicron-led Covid cases surge

Gold prices held steady on Monday as higher US Treasury yields offset safe-haven buying sentiment due to an Omicron-driven surge in Covid cases globally.

OPEC+ report sees short-lived, mild impact from Omicron variant

The report kept forecasts for the growth in oil demand in 2021 and 2022 unchanged at 5.7 million bpd and 4.2 million bpd respectively

OPEC to meet today to discuss appointment of new secretary general: Report

OPEC ministers are due to hold a meeting on Monday to discuss the appointment of a new secretary general, two OPEC sources said

Airlines grapple with Omicron-related disruptions to start off 2022

Spread of the Omicron variant has led to a sharp increase in Covid-19 infections, forcing airlines to cancel flights as pilots and crew quarantine

Gold marks yearly dip as central banks seek to wean economy off stimulus

Spot gold was last up 0.7% at $1,827.51 per ounce by 1:46 p.m. ET, after hitting a peak since Nov. 22 at $1,827.26 on Friday, helped by a retreat in the dollar and global equities