Page 1036 - Reuters

Wall Street ends with solid gains; investors hail US debt-ceiling truce

The Dow Jones Industrial Average rose 1% to end at 34,760.34 points, while the S&P 500 gained 0.83% to 4,399.82

'Containergeddon': Supply crisis drives Walmart, rivals to hire own ships

Aim is to bypass log-jammed ports and secure scarce ship space at a time when Covid-19, as well as US-China trade ructions, equipment shortages have exposed fragility of globe-spanning supply lines

Tanzania's Gurnah, novelist of colonialism and refuge, wins 2021 Nobel

He got the award 'for his uncompromising and compassionate penetration of the effects of colonialism', says Swedish Academy

World food prices rise for 2nd consecutive month, hit 10-year peak: FAO

FAO's food price index, which tracks international prices of the most globally traded food commodities, averaged 130.0 points last month, the highest reading since September 2011

US Senate Democrats, Republicans reach deal on $480-bn debt limit increase

Senate leaders have reached agreement on a deal that staves off any default on federal payments into December

Oil prices ease as US mulls strategic reserve sales

Oil prices extended losses from the previous session on Thursday, as the United States said it was considering selling oil from its strategic reserves

US dollar holds near 14-month high to euro with focus on inflation

By Ritvik Carvalho

Bitcoin rises 7.1% to $55,163, adds $3,661.73 to its previous close

Bitcoin rose 7.11% to $55,162.92 at 20:01 GMT on Wednesday, adding $3,661.73 to its previous close.

Tata Motors' stock revs up to near 4-year high on Morgan Stanley upgrade

Shares of India's Tata Motors surged to their highest levels in nearly four years on Thursday after Morgan Stanley Research upgraded the stock

'A coward's palace': Morrison slams social media amid defamation law row

Prime Minister Scott Morrison's comments suggest he would favour making companies like Facebook Inc (FB.O) liable for defamation with regards to some content posted by third parties

Google's rival firms want EU lawmakers to act via new tech rules

The European Commission in 2018 levied a record 4.24- billion-euro ($5 billion) fine on Google for unfairly using Android to cement the dominance of its search engine

Oil drops for second session on unexpected rise in US inventories

Oil prices dropped for a second session Thursday, under pressure from an unexpected rise in U.S. crude stocks that raised concerns over demand after prices rallied to multi-year highs.

US Dollar holds near 14-month high to euro on inflation fears

The U.S. currency was steady at $1.1558 per euro after strengthening to $1.1529 on Wednesday for the first time since July of last year.

Asian shares rise on stronger global risk appetite as oil prices ease

MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.25% in early trade, regaining ground lost in recent days to be little changed on the week.

At least 20 dead as magnitude 5.7 earthquake strikes southwest Pakistan

The earthquake with a magnitude of 5.7 struck in the early hours of Thursday while people were sleeping. Rescue workers said the dead were mostly women and children.

IMF sees inflation subsiding in 2022, supply risks may keep it elevated

Emerging market and developing economies will see inflation declining to about 4% next year after peaking at 6.8% this fall

Wall Street: Dow falls over 300 pts as ADP jobs beat sparks taper fears

All 11 major S&P 500 sector indexes down; American Airlines, Nucor fall on Goldman Sachs' downgrades

US futures tumble as soaring energy prices fuel inflation worries

Growth stocks lead declines; American Airlines, Nucor fall on Goldman Sachs' downgrades

Oil hits multi-year high on OPEC+ restraint amid global energy crunch

Brent crude rose as high as $83.47

Indian rupee hits 5-1/2-month low; bonds fall on oil price surge

The rupee fell for a third straight session, shedding 0.7%, its biggest single-day loss since June 17