Page 1046 - Reuters

Vaccines set to unleash pent-up oil demand; expect big jump in Oct: IEA

Brent crude rallies above $74 as Storm Nicholas hits US Gulf Coast

China's realty giant warns of defaulting on $305-billion debt

The government is assembling accounting and legal experts to assess the finances of Evergrande, a potential precursor to a restructuring of the world's most indebted developer

Russia fines Facebook, Twitter for not deleting banned content

The Tagansky district court said Facebook had been handed five fines totalling 21 million roubles ($287,850). Twitter received two fines of a total 5 million roubles, it said.

South Korea fines Google $177 mn for blocking Android customisation

The Korea Fair Trade Commission (KFTC) on Tuesday said terms with device makers amounted to abuse of Google's dominant market position that restricted competition in the mobile OS market.

Investors turn bearish on global economy though positioning upbeat: BofA

Rare disconnect between asset prices, fundamentals; liquidity conditions viewed as best since before 2008 crisis

Wall Street slips as tax uncertainty outweighs easing inflation worries

August CPI grows at slowest pace in six months; energy, financials retreat from early gains

Oil prices scale six-week high as Hurricane Nicholas hits US Gulf

Oil prices hit a six-week high on Tuesday as Hurricane Nicholas weakened into a tropical storm, bringing the threat of widespread floods and power outages

Apple expected to unveil new iPhones as part of 5G push

Apple last year introduced its iPhone 12, which featured a new look and its first devices with 5G connectivity

Indian study finds big drop in antibodies within four months of vaccination

The findings made at Regional Medical Research Centre in Bhubaneswar could help Indian govt decide whether to provide booster doses as some Western countries have done

Oil hits 6-week high on fears of US supply disruptions from storm Nicholas

By Yuka Obayashi

India's August WPI inflation quickens to 11.39% on higher fuel prices

Fuel and power prices rose 26.09% in August year-on-year compared with 26.02% in July, while manufactured product prices rose 11.39% compared with 11.20% in the previous month.

Oil extends gains on worries of US supply disruptions from another storm

Brent crude rose 15 cents, or 0.2% to $73.66 a barrel by 0048 GTM, having gained 0.8% the previous day

Walmart says litecoin tieup statement fake; cryptocurrency jolted

Walmart Inc said on Monday that a press release announcing a partnership with litecoin, which briefly led to a nearly 30% surge in the cryptocurrency's price, was fake

Oil prices rise to six-week high as US supply concerns dominate

Oil prices rose to a six-week high on Monday as US output remains slow to return two weeks after Hurricane Ida slammed into the Gulf Coast

Banks call on government to ease pressure on debt-laden Vodafone Idea

Banks led by State Bank of India have called on the Indian government to give debt-laden Vodafone Idea more time to clear its tax dues and spectrum fees

Reuters President Michael Friedenberg to leave in December

In a company memo Thomson Reuters Corp, the parent company of Reuters, said a search will begin shortly for a new Reuters president

Salesforce rival Freshworks aims for $9-bn valuation in $912-mn US IPO

Freshworks will list its stock on the Nasdaq under the symbol "FRSH"

Energy, financials help Wall Street rise from bruising week; Dow up 270 pts

Biden corporate tax hike in focus; S&P energy sector jumps 3.3%

Epic's win in App Store case toughens fight against Google Play rules

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India worried about complacency over second dose of Covid vaccine: Report

The govt last week said one Covid dose alone was 96.6% effective in preventing deaths, a message that experts say could inadvertently put people off from getting their second shot