Page 1038 - Reuters

Oil holds near 3-year highs after OPEC+ keep tight control of taps

Oil prices have already surged more than 50% this year

World stock markets steady near lows as inflation jitters ease

Asian shares fell for a third straight day

Tesla ordered to pay over $130 mn to Black ex-worker over racism: Report

The jury awarded Diaz $6.9 million in compensatory damages and $130 million in punitive damages, according to the Wall Street Journal.

Facebook blames 'faulty configuration change' for nearly six-hour outage

The company in a late Monday blog post did not specify who executed the configuration change and whether it was planned.

India's services activity remains strong in Sept, firms hire more employees

The IHS Markit Services Purchasing Managers' Index eased to 55.2 in September from August's 18-month high of 56.7, but stayed comfortably above the 50-mark separating growth from contraction.

Biden tells EC commission chief the international tax system must be fair

Biden, in a call with European Commission President Ursula von der Leyen, emphasized the importance of "leveling the playing field in the international tax system," the White House said in a statement

Delayed recovery greatest risk to pandemic-hit Indian economy: Reuters poll

Gross domestic product (GDP) growth is forecast to average 9.2% this fiscal year

US trade chief seeks talks with China, won't rule out new tariff actions

Katherine Tai said the United States would keep all options open as it continues to push China to stop pouring billions of dollars of state subsidies into its semiconductor, steel and other industries

Ministry asks Coal India to invest in electric vehicles, charging pods

Coal India is the world's largest coal mining company by production and accounts for over 80% of India's output of the fuel.

Asian stocks fall to near 1-year low as oil prices stoke inflation worries

MSCI's broadest index of Asia-Pacific shares outside Japan dropped as much as 1.3%, falling for a third consecutive session

Battery giants face skills gap that could jam electric highway

LG Energy Solution (LGES), SK On, and Samsung SDI Co Ltd all rank in the top-six global battery makers, and supply the likes of Tesla Inc, Volkswagen and Ford Motor Co among others.

Global airlines deepen climate goal despite Chinese opposition

IATA Director General Willie Walsh acknowledged the goal would be "an additional challenge at a very difficult time," but appealed for unity.

Oil prices edge lower in wake of jump on OPEC+ supply restraint

Oil prices eased on Tuesday after climbing to their highest levels in years in the previous session on the decision by OPEC and allied major oil producers to maintain restraint on supply.

China crisis set to worsen as Evergrande rival Fantasia misses payment

Once China's top-selling property group, Evergrande is facing one of the country's largest-ever defaults as it struggles with more than $300 billion of debt

Qualcomm, SSW Partners to buy Veoneer in $4.5 billion deal

Veoneer's expertise in making advanced driver assistance systems (ADAS) made it an attractive takeover target for both Qualcomm and Canada's Magna.

Facebook, Instagram, WhatsApp partly reconnecting after six-hour outage

Facebook's engineering team apologised as the apps started to come back online

Nasdaq ends sharply lower; rising Treasury yields sink Big Tech

The Dow Jones Industrial Average fell 0.94% to end at 34,002.92 points, while the S&P 500 lost 1.30% to 4,300.46

WTO hikes trade forecasts but cautions on Covid-19 pandemic risk

The WTO said on Monday it expected merchandise trade would grow this year by 10.8% after a fall of 5.3% in 2020. In March, it had forecast 2021 growth of 8.0%

US trade chief seeks talks with China, won't rule out new tariff actions

Tai said Washington would keep all options open to push China to stop pouring billions of dollars of state subsidies into its semiconductor, steel and other industries

India to introduce flexible fuel vehicles soon to increase ethanol use

India will introduce flexible fuel vehicles soon as the country is aiming to achieve 20% ethanol-blending with gasoline by 2025, transport minister Nitin Gadkari told the Reuters Impact conference