Page 882 - Reuters

Sequoia Capital asks court to dismiss lawsuit by its former counsel

Sequoia has been locked in a legal battle with Sandeep Kapoor, after he included the company in a defamation lawsuit against media companies that reported on a leaked Sequoia email of June 2

'Democratic shock': Macron loses absolute majority in Parliament

There is no set script in France for how things will now unfold as Macron and Ensemble will seek to find a way forward to avoid paralysis

Sequoia India asks court to dismiss lawsuit by its former counsel

Sequoia has been locked in a legal battle with Sandeep Kapoor, after he included the company in a defamation lawsuit against media companies that reported on a leaked Sequoia email of June 2

Macron loses absolute majority in parliament, show initial projections

289 seats needed for absolute majority; initial projections show Macron falls well short

Fed Guv Waller backs another big rate hike for 'all in' inflation fight

Federal Reserve Guv Christopher Waller became the latest US central banker to pledge a whatever-it-takes approach to fighting inflation, three days after the Fed raised interest rates by 75 bps

Inflation will not fall to 2% target for two years, says Fed's Mester

Cleveland Federal Reserve Bank President said she was not predicting a recession despite slowing growth

As battles in Ukraine's east grind on, NATO chief warns of long war

NATO Secretary-General Jens Stoltenberg said supplying state-of-the-art weaponry to Ukrainian troops would boost the chance of freeing its eastern region of Donbas from Russian control

Some Trump era China tariffs serve 'no strategic purpose': Yellen

She did not list any specific tariffs and declined to say when the Biden administration may make a decision

Cloudy valuations give investors pause in buying beaten-up US stocks

Market volatility and a rapidly changing macroeconomic landscape have clouded metrics that investors typically use to value stocks

France votes, with Macron facing tough battle for control of parliament

Projections from voting expected at 1800 GMT; Macron needs 289 seats for absolute majority in parliament * pollsters say he may fall short as smaller parties make gains

NATO warns of long Ukraine war as Russian assaults follow EU boost for Kyiv

The head of NATO said on Sunday the war in Ukraine could last years and Ukrainian forces faced intensified Russian assaults

India's Russian coal buying spikes as traders offer discounts: Report

Government data shows buying May 27-June 15 was up 6-fold; US says it does not want to see a 'rapid acceleration'.

Bitcoin drops below $20,000 to lowest since Dec 2020 as investors flee

The digital currency sector has been pummelled this week after cryptocurrency lending company Celsius froze withdrawals.

FDA opens way to Covid-19 vaccine for children under five: Report

Pfizer's is already authorized for those over the age of 5

Oil prices drop 2% on recession concerns, heading for weekly fall

The US government said while it is pursuing diplomacy to revive a nuclear deal with Iran, it will continue to use sanctions to limit exports of oil from Iran

Omicron less likely to cause long Covid than previous variants: UK study

The figure varied depending on the patient's age and the timing of their last vaccination

Oil slumps 5%, US gasoline price drops 6% as dollar reaches record high

With the Fed expected to keep raising interest rates, open interest in WTI futures on the New York Mercantile Exchange fell on Thursday to its lowest since May 2016

Reliance considers buying out cosmetic firm Revlon in US: Report

The report comes as Revlon filed for bankruptcy earlier this week after global supply chain disruptions drove up raw material costs and prompted vendors to demand upfront payments

Indian gold discounts narrow, Covid-19 curbs keep leash on China demand

With demands falling post-wedding season in India, Indian gold discounts have currently grown slim. Moreover, gold demand in China has also lessened possibly due to the Covid-19 restrictions imposed

Elon Musk's SpaceX fires at least five for letter criticising him: Report

SpaceX is reported to have around five employees who have sent out a letter against CEO Elon Musk on grounds of making other staffs feel 'bullied'.