Page 1079 - Reuters

Apple's potential 'buy now, pay later' plan sends sector shares tumbling

Apple Inc is working on a service that will let users pay for purchases in instalments, sending shares of Afterpay Ltd and other 'buy now, pay later' companies sharply lower

Oil prices slip as drop in Chinese crude imports rings alarms on demand

Oil prices fell on future demand concerns after data showed that China's first-half crude imports dropped, but were still holding near a one-week high

Stocks, debt yields slip on biggest US inflation hike in 13 years

Stocks on Wall Street at first took the CPI data in stride, bidding up technology stocks that typically thrive with low interest rates

Taliban warns Turkey of consequences for securing Kabul airport

The Taliban have been fighting for 20 years to topple the Western-backed government in Kabul

US consumer prices post largest gain in 13 yrs; inflation has likely peaked

The consumer price index increased 0.9% last month, the largest gain since June 2008, after advancing 0.6% in May.

US ramps up warnings of business risks in China's Xinjiang region

U.S. government strengthened its warnings to businesses about growing risks of having supply chain investment links to China's Xinjiang region, citing forced labor and human rights abuses there.

FCC votes to finalise programme to replace Huawei equipment in US networks

The FCC's final order expands the companies eligible for reimbursement from those with 2 million or fewer customers to those with 10 million or fewer customers.

Nasdaq hits record high as growth stocks rise; inflation data weighs

Nine of the 11 major S&P 500 sector indexes were trading lower, with the defensive real estate and utilities sectors leading declines.

Twitter permanently suspends some fake accounts it verified by mistake

Twitter Inc said on Tuesday it mistakenly verified some fake accounts that the social media company has now permanently suspended, months after restarting its verification program.

Int'l Energy Agency says refining throughput set to rise in July, August

The Paris-based agency, however, expected the trend will lose momentum in winter due to seasonal maintenance of refineries.

Gold price holds tight range as traders seek direction from US data

Spot gold was up 0.3% at $1,811.95 per ounce by 1208 GMT. U.S. gold futures were 0.2% higher at $1,809.80.

OPEC+ impasse risks price war as demand surges for oil, says IEA

The IEA said market volatility stoked by the impasse served neither producers nor consumers and that while higher fuel prices could provide an impetus to developing more renewable energy

Bank of England to crack down on 'secretive' cloud computing services

The BoE said cloud computing could sometimes be more reliable than banks hosting all their servers themselves

Work from home fuelling cyber attacks, says global financial watchdog

Financial firms may need to bolster their defences in the face of rocketing cyber attacks after employees began working from home, the Financial Stability Board said on Tuesday

OPEC+ yet to make progress in resolving impasse preventing deal: Sources

OPEC+ is yet to make progress closing divisions between Saudi Arabia and United Arab Emirates that last week prevented a deal to raise oil output, making another policy meeting this week less likely

Nokia plans to raise full-year outlook, citing strong second quarter

Nokia said on Tuesday it planned to raise its full-year outlook as business picked up pace in the second quarter, improving its expectations for the year

Alibaba, others explore bids for Unisplendour stake worth up to $7.7 bn

Alibaba Group Holding Ltd and Chinese state-backed firms are exploring bids for a stake in Unisplendour Corp, a cloud computing infrastructure firm, that could fetch as much as $7.7 billion

Chinese economic data, rebound in tech stocks drive Asian shares higher

Asian shares headed for their best session in more than a fortnight on Tuesday after better than expected Chinese economic data and a rebound in China tech shares

Gold prices inch higher as investors shift focus to US inflation data

Gold prices edged higher on Tuesday as dollar weakened ahead of the release of US inflation data, increasing the appeal of the metal for holders of other currencies

China's June exports growth beats f'cast as easing lockdowns boost demand

China's exports grew at a much faster than expected pace in June as solid global demand led by easing lockdown measures and vaccination drives worldwide eclipsed virus outbreaks and port delays