Page 1084 - Reuters

Gold on back foot as dollar strengthens after Federal Reserve's minutes

Gold prices slipped on Thursday, weighed down by a stronger dollar after minutes from the US Federal Reserve's latest meeting highlighted inflationary pressures

Europe's SoftBank Prosus plays long game to shrink valuation gap

Prosus, Europe's answer to SoftBank and its Vision Fund, is betting that its long-term investments can fill a yawning valuation gap

British gambling firm Entain to double investment in game studios

ritish gambling firm Entain is doubling investment in its game development studios, as it steps up its focus on online betting after closing hundreds of high street betting shops

Food delivery firm Zomato prices $1.25 bn IPO at Rs 72-76 per share

Indian food delivery firm Zomato said on Thursday it would price its $1.25 billion initial public offering at 72 to 76 rupees per share, with the IPO set to open for subscription from July 14 to 16.

LinkDoc becomes first Chinese co to shelve US IPO after Beijing's crackdown

Chinese medical data group LinkDoc Technology Ltd has shelved plans for an IPO in the United States following Beijing's clampdown on overseas listings by domestic firms

Cash-rich Singapore Airlines aims for regional dominance as rivals downsize

Singapore Airlines, flush with $16 billion raised since the start of the pandemic thanks to help from a state investor, is in a position of dominance among its Southeast Asian rivals as they downsize

India's inflation likely edged up to seven-month high in June: Reuters poll

India's retail inflation probably accelerated to a seven-month high in June on rising food and fuel prices, staying above RBI's comfort zone for a second straight month, a Reuters poll showed

US Fed keen to be 'well positioned' to act on inflation, minutes show

Federal Reserve officials last month felt substantial further progress on the US economic recovery "was generally seen as not having yet been met"

Dollar near three-month high after Fed minutes reaffirm taper timeline

The dollar index, which measures the greenback against six rivals, held its ground at 92.702, little changed from Wednesday, when it touched 92.844 for the first time since April 5

Didi extends fall as Beijing clampdown sounds alarm for US-listed China cos

Didi Global fell for the third consecutive session on Wednesday after China ordered the app removed from mobile app stores as part of a broader crackdown on China-based companies with overseas listing

Oil prices fall in volatile trade as investors seek OPEC+ clarity

Oil prices fell more than $1 a barrel on Wednesday in another seesaw trading session, as investors feared what this week's collapse in Opec+ talks meant for worldwide production

US stocks edge up after Federal Reserve minutes, bonds steady, dollar firm

US Treasuries prices maintained gains on Wednesday, holding down yields, and two stock indexes notched record highs

China designates 25% of its territory for environmental protection

The Ministry of Ecology and Environment was tasked with identifying areas in need of protection a decade ago

Gold prices rise for 6th straight day amid easing US bond yields

Spot gold rose 0.32 per cent to $1,801.55 per ounce by 9.10 pm IST, after hitting its highest since June 17 at $1,814.78 on Tuesday

Mukesh Ambani, Gautam Adani face off in race to solar domination

Indian tycoon Mukesh Ambani's $10 billion entry into renewable energy could drive solar tariffs further to ground and ignite bidding wars with fellow billionaire Gautam Adani, industry analysts say

India expects 3 mn-4 mn Pfizer, Moderna vaccine doses by August: Report

'It's a donation through COVAX,' said a source

World stocks dip from record peak, dollar firm ahead of Fed minutes

Markets are nervous about riskier assets before the release of the June policy minutes

Oil rises to $75 after tumble but OPEC+ uncertainty clouds outlook

A failure of OPEC+ talks on Monday means a planned output rise for August has yet to be agreed

Indian billionaires face off in race for domination in solar space

India's two richest men are vying to be at the forefront of Prime Minister Narendra Modi's ambition to ramp up green energy capacity

Global financial regulators attempt to align rules on climate risks

The Financial Stability Board (FSB), which coordinates financial rules for the G20 group of nations, said its "roadmap" seeks to coordinate approaches to disclosures by companies