Page 901 - Reuters

Telcos' 5G bids seen muted as private firms jostle for airwaves: Report

Top telecom giants have failed to lobby govt to stop private networks allocation that will let various enterprises to get airwaves without auction

Gold prices set for worst quarter since early 2021 as dollar dominates

Spot gold was flat at $1,817.01 per ounce by 0615 GMT. U.S. gold futures were little changed at $1,816.90

Buckle Up: How investors can deal with turbulence in crypto market

Bitcoin - the dominant cryptocurrency - fell from a high of more than $67,000 to its current level just below $20,000.

Asian shares in painful quarter, dollar in rude health amid recession fears

Japan's Nikkei fell 1.4%, though its drop this quarter has been a relatively modest 5% thanks to a weak yen and the Bank of Japan's dogged commitment to super-easy policies

Euro under pressure as inflation fears send investors to dollar haven

The euro was at $1.044, after losing 0.75% on the dollar the day before, and heading for a monthly decline of 2.7%

Oil prices increase as supply concerns outweigh US fuel stocks build

Brent crude futures for September, the more actively traded contract, rose 63 cents, or 0.6%, to $113.08 a barrel at 0250 GMT

US economy contracts 1.6% in first quarter amid record trade deficit

The US economy grew at a robust 6.9% pace in the fourth quarter

Crypto crash threatens N. Korea's stolen funds as it ramps up weapons tests

Sudden plunge in crypto, which started in May amid a broader economic slowdown, complicates Pyongyang's ability to cash in on that and other heists, and may affect how it plans to fund its weapon prog

Coal ministry seeks help from World Bank to re-purpose abandoned mines

Coal Ministry said it sought assistance from the World Bank and other global institutions for re-purposing its abandoned coal mines to make them stable and suitable for commercial purpose.

Gold choppy as investors weigh rate hikes against recession risks

Gold prices in a shaky situation as price hikes have created recession concerns among investors

UltraTech Cement paying for Russian coal in Chinese yuan: Report

UltraTech importing from Russian producer SUEK, valued at 172.7 mn yuan; SUEK's Dubai unit facilitated trade from Russia's Vanino port; traders say other companies set to pay in yuan for Russian coal

Oil prices rise for 4th day on supply worries as US inventories down

Oil prices are increasing for the fourth consecutive day amid supply crisis amongst US inventories and fear on market recession

Sharp rate hike bets keep Wall Street subdued, Goldman Sachs lifts Dow

US economy contracted in Q1 amid record trade deficit; BofA upgrades Goldman Sachs, shares rise; General Mills rises as sales beat on higher prices; Bed Bath & Beyond replaces CEO, shares tumble

WHO warns 'sustained transmission' of monkeypox risks vulnerable groups

The virus has now been identified in more than 50 new countries outside the countries in Africa where it is endemic

China's easing Covid curbs spark travel inquiry surge, and caution

Unexpected moves mark a significant easing of rigid curbs that have severely curtailed travel and battered China's economy, although tough measures remain in place including a scarcity of intl flights

H&M flags more price hikes, beats profit expecations by fewer discounts

Pretax profit at world's second-biggest fashion retailer jumped 33% from a year earlier to 4.78 bn crowns ($471 mn) in the Swedish group's second quarter, on sales growth of 12% in local currencies

Rate hike bets subdue gold prices even as economic slowdown fears mount

Spot gold fell 0.2% to $1,817.00 per ounce by 0920 GMT, holding a tight range between $1,814.30 - $1,822.76. U.S. gold futures were down 0.2% to $1,817.60.

Global stocks in red as consumers fear recession amid inflation trends

Stocks have globally taken a hit as consumers are fearing an impending recession market based on inflation trends in recent times

RBI may need to tweak forex strategy, let rupee weaken, say analysts

To control the tumble, the Reserve Bank of India (RBI) has sold dollars in the spot market and simultaneously bought and sold in the forwards market.

Tata Motors partners with Japan's Renesas to develop chip solutions

As part of the partnership, Renesas will also work with Tejas Networks, a Tata Group company, on wireless network solutions including 5G