Page 1089 - Reuters

Qualcomm's new CEO Cristiano Amon eyes dominance in the laptop markets

Qualcomm Inc's new chief thinks that by next year his company will have just the chip for laptop makers wondering how they can compete with Apple Inc, which last year introduced laptops

Dollar's near-term outlook bright, but to fade in a year: Reuters poll

A majority of analysts in Reuters polls, however, were split on the duration of the greenback's bullish trend and forecast its allure to fade in a year.

World stock markets hover near record highs on hopes of recovery

U.S. consumer confidence jumped to its highest level in nearly 1-1/2 years in June, with growing labour market optimism as the economy reopens offsetting concerns about higher inflation.

French automaker Renault raises targets for share of electric vehicles

Renault Chief Executive Luca de Meo said Renault planned 10 new electric models by 2025

Gold en route to biggest monthly drop since 2016 ahead of US jobs data

Spot gold eased 0.3% to $1,755.70 per ounce by 0846 GMT

EU drafts plan to tighten carbon market, expand it to shipping, cars

The European Union wants to overhaul its carbon market to cut planet-warming emissions faster

OPEC+ panel sees risk of oil market imbalance after April 2022 -report

The panel, known as the Joint Technical Committee, sees an overhang of crude by the end of 2022 under different scenarios looking at supply and demand in the oil market, the report showed.

Scandal-hit Credit Suisse considers creating single private bank: Report

Credit Suisse is considering centralising the management of its bankers to the world's wealthy, replacing a regional structure, three sources said

What inflation? Pandemic leaves emerging Asia's consumer recovery behind

Asia's once fast-growing economies are struggling with weak domestic demand that is keeping a lid on inflation in contrast to some developed markets

Bharat Biotech says regulatory steps taken for Brazil vaccine contract

Bharat Biotech said it followed a "step-by-step" approach for the regulatory approval and supply contract of its Covid vaccine in Brazil, and it has not received advance payments

China's Didi Global raises $4.4 billion in upsized US IPO: Report

Chinese ride-hailing company Didi Global Inc raised $4.4 billion in its US IPO on Tuesday, pricing it at the top of its indicated range and increasing the number of shares sold, according to sources

Gold set for biggest monthly drop since 2016 on Fed's hawkish stance

Gold was hovering around an over two-month low on Wednesday as investors awaited US jobs data for further clarity on the Federal Reserve's policy stance

Asian shares rise after consumer confidence boosts Nasdaq to record high

Asian shares rose and a gauge of global equities hovered near record highs on Wednesday after rising consumer confidence in economic recovery boosted the Nasdaq index to its highest-ever closing level

Chinese EV Maker Xpeng to raise $1.8 billion in Hong Kong listing -sources

Chinese electric vehicle maker Xpeng Inc will raise $1.8 billion by pricing its shares at HK$165 each as part of its Hong Kong dual primary listing

United Airlines places biggest ever order for Boeing and Airbus jets

BUnited Airlines confirmed its largest ever order for Boeing and Airbus jets on Tuesday, lining up 270 planes in a push for post-pandemic growth with bigger jets for domestic flying

China's factory activity growth dips to four month low in June: PMI

Growth in China's factory activity dipped to a four-month low in June, weighed by higher raw material costs, global shortage of semiconductors and a resurgence of Covid cases in major export province

Oil steadies as OPEC fuels demand hopes amid new Covid-19 worries

Brent crude futures settled up 8 cents, or 0.1%, at $74.76 a barrel, having slumped by 2% on Monday

World must remove 1 billion tonnes CO2 by 2025 to meet climate goal: Report

Projects in development will remove only a fraction of the amount of carbon dioxide (CO2) from the air that needs extracting by 2025 to meet the global Paris climate target

Global shares edge lower on new Delta Covid-19 variant outbreaks in Asia

MSCI's all country world index, which tracks shares across 50 countries, fell 0.32 points or 0.04%, as declines in Asian equities undercut new highs in European and US markets

Yellen, Sitharaman discuss shared interest in 'robust' minimum tax

US Treasury Secretary Janet Yellen on Tuesday discussed a shared interest between the United States and India to implement a "robust" global minimum tax, the Treasury said