Page 1044 - Reuters

World shares fall as markets await Fed meeting, taper timeline

All three major US stock indexes lost ground, with the Nasdaq Composite Index weighed down as rising US Treasury yields pressured market-leading growth stocks.

'Not true': IMF chief denies pro-China pressure on World Bank report

Georgieva used a previously scheduled meeting with staff to address findings contained in an independent report on data irregularities in World Bank's now-canceled "Doing Business" rankings

IMF chief Georgieva in spotlight after World Bank China rigging report

The IMF review was launched after Georgieva briefed the board on the issue on Thursday

Oil prices fall as storm-hit US supply trickles back into market

Oil prices fell on Friday as energy companies in the US Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output

90% of people in Mumbai have Covid-19 antibodies, says Sero survey

The survey also revealed that more females had antibodies compared to their male counterparts at 88.29%

Work-related deaths kill nearly 2 million people a year: UN agencies

The study by WHO and International Labour Organization, the first assessment of its kind, found that work-related diseases and injuries were responsible for the deaths of 1.9 million people in 2016

UN faces $100-trn shortfall in fight against climate change, inequality

Adding the costs of financing the global transition to a low-carbon economy to limit global warming, and total funding out to 2050 comes in at $200-$220 trillion

Tencent bows to regulator, opens WeChat to rival application links

Tencent had restricted users from sharing content from Douyin. In Feb, Douyin filed a complaint at a Beijing court saying this was monopolistic behaviour

World shares fall on fears over China, US taxes, central bank policy

World shares fell on Friday, pressured by concerns over China's markets, the potential for a US corporate tax hike and an update on the US Federal Reserve's tapering strategy next week

Bad for business: World Bank China rigging scandal rattles investors

They said the World Bank's discontinuation of the "Doing Business" reports could make it harder for investors to assess where to put their money

Evergrande, growth worries dampen sentiment for global stock markets

Shares in embattled property developer China Evergrande, which has two trillion yuan ($310 billion) in liabilities and faces an $80 million bond coupon payment next week

Shares of Indian airlines fly high as August passenger traffic surges

Shares of Indian airlines InterGlobe Aviation and SpiceJet surged on Friday after regulatory data showed that passenger growth jumped 136.6% last month

With tighter grip, Beijing sends message to Hong Kong tycoons: fall in line

The protests, joined by millions of all ages and social strata, demanded greater democracy and less meddling by Beijing in Hong Kong, which had been promised wide-ranging freedoms until 2047.

Gold prices rebound but set for weekly loss as dollar holds ground

Spot gold rose 0.5% to $1,762.55 per ounce by 0716 GMT, while U.S. gold futures GCv1 gained 0.4% to $1,762.80.

Ford wakes up badly burnt from its India dream: Here's what went wrong

Analysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.

China's oil consumption seen peaking around 2026, Sinopec exec says

China's oil consumption is likely to peak around 2026 at about 16 million barrels per day and that of natural gas by around 2040, according to a top executive of Sinopec Corp.

Asian shares steady, but set for weekly losses as global growth fears nag

European shares also looked set to rise on opening with pan-region Euro Stoxx 50 futures up 0.61% and FTSE futures 0.41% higher.

China applies to join Pacific trade pact to boost economic clout

China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the commerce ministry said

Challenge for banks as outsiders Amazon, IKEA crack the finance code

Analysts say the risk for traditional lenders is that they will get pushed further away from the front end of the finance chain

Wall St falls as oil, tech losses outweigh retail cheer; Dow drops 130 pts

Retail sales unexpectedly rise in August; Tesla falls as Ark dumps shares