 "Reuters")
Reuters
Reuters
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
Page 776 - Reuters
As outage hits thousands of users globally, Twitter says 'let's try again'
During the outage, some users were unable to log in to their Twitter account via desktops or laptops
 "As outage hits thousands of users globally, Twitter says 'let's try again'")
Oil drops 2% in light trading on China demand concern amid Covid surge
Brent crude futures fell $1.82, or 2.2%, to $82.51 a barrel by 11:23 a.m. EST [1623 GMT], while U.S. West Texas Intermediate crude futures fell $1.60, or 2%, to $77.93 per barrel.
 "Oil drops 2% in light trading on China demand concern amid Covid surge")
CERC retains ceiling of Rs 12/unit on electricity on spot power exchanges
India's power regulator retained a price cap of 12 rupees ($0.1450) per unit on electricity traded on its spot power exchanges ahead of expected record energy demand in the coming summer months
 "CERC retains ceiling of Rs 12/unit on electricity on spot power exchanges")
SBI to consider raising funds via infrastructure bonds worth up to $1.21 bn
SBI, the country's largest lender, said it will consider approval for raising funds through the issue of infrastructure bonds worth up to 100 billion rupees ($1.21 billion) during fiscal year 2023
 "SBI to consider raising funds via infrastructure bonds worth up to $1.21 bn")
Global markets remained flat, investors on sidelines post-China reopening
By Ankur Banerjee and Naomi Rovnick
 "Global markets remained flat, investors on sidelines post-China reopening")
Sheela Foam to buy rival mattress maker Kurlon for $241 million: Report
Indian mattress maker Sheela Foam Ltd will soon acquire competitor Kurlon for 20 billion rupees ($241.29 million), ET Now reported on Wednesday, citing sources
 "Sheela Foam to buy rival mattress maker Kurlon for $241 million: Report")
Russia retaliates on oil price cap as eastern Ukraine sees heavy fighting
The price cap, unseen even in the times of the Cold War between the West and the Soviet Union, is aimed at crippling Moscow's military efforts in Ukraine - without upsetting markets
 "Russia retaliates on oil price cap as eastern Ukraine sees heavy fighting")
Dollar edges to one-week high vs yen amid spike in Treasury yields
The greenback dropped as low as 130.58 yen that day for the first time since early August as traders speculated about an eventual end of BOJ stimulus
 "Dollar edges to one-week high vs yen amid spike in Treasury yields")
Fixing relevance: Twitter restores suicide prevention after backlash
"We know they are useful and our intent was not to have them down permanently"
 "Fixing relevance: Twitter restores suicide prevention after backlash")
China to reopen borders, abandon quarantine even as Covid-19 cases rise
Zero-Covid policy over: Quarantine for travellers to end starting Jan 8
 "China to reopen borders, abandon quarantine even as Covid-19 cases rise")
India plans $2 billion incentive for green hydrogen industry, says report
The 180-billion-rupee ($2.2 billion) incentive aims to reduce the production cost of green hydrogen by a fifth over the next five years, said a senior government official
 "India plans $2 billion incentive for green hydrogen industry, says report")
Banks may need to lift deposit rates as credit demand surges: RBI report
The Reserve Bank of India has raised rates aggressively this year to tame inflation. While banks have swiftly transmitted the hikes to their lending rates, deposit rates have been laggards for most
 "Banks may need to lift deposit rates as credit demand surges: RBI report")
US dollar falls as China eases Covid rules for inbound travelers
China will stop requiring inbound travellers to go into quarantine on arrival starting Jan. 8, the National Health Commission said on Monday, even as Covid cases spike
 "US dollar falls as China eases Covid rules for inbound travelers")
Oil prices hit three-week high as China eases Covid-19 restrictions
Brent crude was up 22 cents, or 0.3%, at $84.14 a barrel by 0911 GMT and U.S. West Texas Intermediate crude gained 7 cents to $79.63
 "Oil prices hit three-week high as China eases Covid-19 restrictions")
Gold prices rise as dip in $ makes bullion less expensive for buyers
Spot gold was up 0.6% at $1,807.69 per ounce, as of 0704 GMT. U.S. gold futures rose 0.6% to $1,814.80
 "Gold prices rise as dip in $ makes bullion less expensive for buyers")
Four employees of Laurus Labs die in fire incident at firm's Andhra plant
One other employee is undergoing treatment in a hospital after the incident that occurred on Monday evening
 "Four employees of Laurus Labs die in fire incident at firm's Andhra plant")
Oil rises in thin trade on concerns over winter storm impact across US
Brent crude was up 73 cents, or 0.9%, at $84.65 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude was at $80.41 a barrel, up 85 cents, or 1.1%
 "Oil rises in thin trade on concerns over winter storm impact across US")
Shares snap four-day losing streak; Sensex gains 1.2%, Nifty 50 up 1.17%
The Nifty 50 index closed 1.17% higher at 18,014.60, and the S&P BSE Sensex gained 1.20% to 60,566.42, marking their biggest daily gain since Nov. 24
 "Shares snap four-day losing streak; Sensex gains 1.2%, Nifty 50 up 1.17%")
Advent International to acquire 50.1% stake in Suven Pharma, explore merger
As of last close, Suven had a market capitalization of 126 billion Indian rupees
 "Advent International to acquire 50.1% stake in Suven Pharma, explore merger")
Twitter restores suicide prevention hotlines, other safety resources
Reportedly, the removal was ordered by the social media platform's new owner Elon Musk