Page 1116 - Reuters

World shares, dollar hit pause ahead of United States CPI, ECB meeting

US stock futures pointed to a flat open on Wall Street.

Gold prices subdued with focus on US inflation data, ECB meeting

Spot gold was down 0.1 per cent at $1,886.66 per ounce, as of 3.05am GMT

Oil skids as start of US summer driving season fails to lift fuel demand

Oil prices fell on Thursday as inventory data in the United States, the world's top oil consumer, showed a surge in gasoline stocks that indicates weaker-than-expected fuel demand

CEOs and investors push world leaders for stronger climate action

A group of 79 company bosses and investors managing $41 trillion issued separate calls on Thursday for world leaders to accelerate action on climate change

Tesla to launch high-end Model S 'Plaid' to fend off Mercedes, Porsche

Tesla Inc will deliver a high-performance version of its Model S on Thursday, aiming to reignite interest in the nearly decade-old sedan

Indian shares open higher with IT, energy companies gaining the most

Indian shares rose on Thursday, with information technology and energy companies gaining the most, as investors awaited US inflation data and the outcome of a European Central Bank meeting

Alibaba Group to develop self-driving trucks with logistics unit Cainiao

Chinese e-commerce leader Alibaba Group Holding Ltd plans to develop self-driving trucks with logistics subsidiary Cainiao, Chief Technology Officer Cheng Li said on Thursday

Beijing says China, US commerce chiefs to cooperate on handling differences

Top US and Chinese commerce officials agreed to promote healthy trade and cooperate over differences, China's commerce ministry said on Thursday

Dollar stuck near 5-month low as caution reigns ahead of US CPI, ECB tests

Investors have adopted a wait-and-see attitude all week, sucking volatility from the market and leaving major currencies mostly range-bound

Oil slips as start of US summer driving season fails to lift fuel demand

Brent crude oil futures were down 34 cents, or 0.5%, at $71.88 a barrel by 0108 GMT, while US oil futures declined by 36 cents, or 0.5%, at $69.60 a barrel

Franklin Templeton moves to calm Indian investors after new debt fund ban

SEBI barred Franklin from launching any new debt schemes for two years after a probe into its sudden closure of six credit funds last year found serious lapses and violations

Ferrari turns to technology industry for its electric era leader

Vigna's appointment shows Ferrari's development strategy remains firmly anchored in making cutting-edge, high-end cars in an electric future

Dieselgate: VW will get $351 mn in settlement with former executives

The settlement marks a major milestone in Volkswagen's efforts to turn a page on its biggest ever corporate scandal

EU antitrust regulators turn focus on Siri, Alexa and Google Assistant

The EU antitrust watchdog said respondents cited worries over certain exclusivity and tying practices related to voice assistants

$244-billion Bill to counter China tech threat gets US Senate nod

Creating 'imaginary enemy', Beijing denounces the sweeping package

Brent oil benchmark hits 2-year high, WTI crude highest since 2018

Brent crude futures were up 44 cents, or 0.6%, at $72.66 a barrel at 1338 GMT, having earlier touched $72.83, the highest since May 20, 2019.

India's natural gas consumption starts to stage recovery in June

Gas consumption has returned to its normal level in the last week: Manoj Jain, chairman of GAIL (India)

GameStop set to report earnings results as shares reach for peak

The company on April 5 said its global sales rose 11% in the first nine weeks of its fiscal year.

May retail inflation likely rebounded to 5.3% on higher food prices: Poll

Higher international prices for commodities including crude, edible oils and gold are clearly spilling over into consumer inflation, says an economist

Brent oil benchmark hits two-year high, WTI highest since 2018

Brent crude futures were up 32 cents, or 0.3%, at $72.42 a barrel at 0911 GMT