Page 1109 - Reuters

JLR to begin testing prototype hydrogen Land Rover this year

Jaguar Land Rover will begin tests later this year on a hydrogen fuel-cell prototype model based on its Land Rover Defender vehicle

Experts say India missed early alarm, let deadly Covid variant spread

In late January, when India's daily count of coronavirus infections had fallen to around 12,000, Modi all but declared victory at a World Economic Forum event

Gold prices edge higher on dollar retreat; focus on US Fed meeting

US gold futures gained 0.2% to $1,869.

CCI to expedite Amazon, Flipkart antitrust probe as tech focus intensifies

The Competition Commission of India (CCI) initiated a probe in January last year on the basis of a complaint alleging Amazon and Flipkart promoted select sellers on their e-commerce platforms

What investors are watching from the Fed: taper talk and inflation

The Fed is keen to minimize the possibility of a market disruption when it begins to reduce its $120 billion per month government bond

Online education firm Cuemath eyes new funding, $1 billion valuation

Indian online education platform Cuemath plans to raise at least $100 million in a new financing round this year, its chief executive said

RBI to focus on growth even as inflation breaches tolerance band: Report

The annual retail inflation rate rose 6.30% year-on-year in May, up from 4.29% in April and sharply above analysts' estimate of 5.30%

Gold prices down for third day as dollar firms ahead of Fed meeting

Spot gold was down 0.2% at $1,861.96 per ounce, as of 0224 GMT, after falling to its lowest since May 17 at $1,843.99 on Monday

Oil prices rise as threat of immediate extra supply from Iran recedes

Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session

After 17 years, potential truce looms in US-Europe jet subsidy war

A deal to either end or pause the world's largest corporate trade dispute would grant relief to dozens of other industries affected by tit-for-tat tariffs that were suspended in March

Dollar hovers near one-month high with market frozen before Fed test

The U.S. currency has been buoyed as traders closed short positions before the Fed's two-day policy-setting confab, which kicks off on Tuesday

Oil prices rise to over two-year high as demand improves, supplies tighten

U.S. West Texas Intermediate rose 27 cents to $71.18 a barrel. It hit a session high of $71.78 a barrel, its highest since October 2018.

Covid-related trade barriers rising, says WTO director general

One such measure is the European Union's export authorisation scheme for Covid-19 vaccines

Bitcoin climbs near $40,000 after Musk says Tesla could use it again

It was last up 0.5% at $39,189, straining to escape the relatively tight trading range of this month.

Dollar slips in muted trading as Fed meeting looms; Bitcoin tops $40,000

Currency markets settled in tight ranges with implied volatility plumbing to multi-year lows

Toshiba's chairman resists calls to resign, to bring in new directors

Toshiba is in the spotlight after an independent investigation last week alleged that management colluded with Japan's trade ministry to block foreign investors from gaining board influence

India May palm oil imports nearly doubles, soyoil jumps - trade body

India's sunflower oil imports rose 31% to 175,759 tonnes in May, it added.

Gold prices drop 1% on dollar strength as US Fed meeting looms

Spot gold was down 0.9% at $1,860.44 per ounce, as of 0654 GMT

Oil prices climb as demand outlook improves, supplies tighten

Brent crude was up 51 cents, or 0.7%, at $73.20 a barrel by 0644 GMT

Monsoon covers two-third of India earlier, to accelerate crop sowing

The early arrival of monsoon rains in central and northern India will help farmers accelerate sowing of summer-sown crops such as paddy rice, cotton, soybean and pulses, and may boost crop yields too