Page 903 - Reuters

India's retirees tap savings, cut down expenses as living costs soar

Sharply rising prices are hitting older people the world over as global supply problems caused by the pandemic -- and made worse by the Ukraine war -- propel food and fuel costs higher

US Treasury official heads to India to discuss Russian oil purchases

Elizabeth Rosenberg, the assistant secretary for Terrorist Financing and Financial Crimes, will visit New Delhi and Mumbai through Thursday, a Treasury spokesperson said

WEF 2022: We'll never go back to office full time, says Credit Suisse CEO

"We are in a soft way trying to encourage people to come back, but it's counterproductive if you push too hard"

Russia says it plans to set up army base in Ukraine's Kherson region

The Kremlin calls the invasion a "special military operation" to disarm Ukraine and rid it of radical anti-Russian nationalists

Russian and Chinese jets patrol East Asia skies, capping Biden's trip

Japan scrambled jets after Russian and Chinese warplanes neared its airspace while Tokyo was hosting leaders of the Quad group of countries, which includes the US, said Defense Minister Nobuo Kishi

Netflix bets on film star-worshipping southern market to power growth

The US company has greenlighted at least six TV shows in southern Indian languages this year, aggressively chasing deals in Tollywood as the Telugu and Tamil film and TV industry is known

Coal India to open big, new mine this year to meet surging power demand

Output from the new Siarmal mine in eastern Odisha state would rise gradually, reaching capacity of 50 million tonnes in about 5 to 7 years, Vinayak Jamwal, Mahanadi Coalfields spokesman said

Govt cuts June domestic coal supply targets to utilities by 11.1%

The power ministry said lower imports were putting pressure on domestic coal supply and resulting in depletion of fuel inventories of power plants

Sri Lanka inflation could top 40%, warns PM Ranil Wickremesinghe

'We have no rupee revenue, and now we have to print another (one) trillion rupees,' he said

Tata Steel says govt's export tax decision could alter output targets

T. V. Narendran, chief executive of India's biggest steelmaker by revenue, said that while Tata Steel understood the inflationary concerns, such measures can hit the steel industry over longer term

Gold gains for 5th straight session as dollar, treasury yields retreat

The greenback hit a one-month low, while U.S. 10-year Treasury yields also edged lower as weakness in equities revived safe-haven demand for the debt

WHO says monkeypox 'containable' as more govts start limited vaccinations

'Let's not make a mountain out of a molehill,' says WHO official; France, Denmark latest to consider target vaccinations

Wall Street drops as economic data, weak forecasts re-ignite slowdown fears

Snap set for worst day on record after profit warning; Abercrombie & Fitch slumps after lowering revenue outlook

Bruised dollar hits 1-month low; Lagarde's negative rate hint boosts euro

Against a basket of its rivals, the dollar fell 0.3% to 101.79, its lowest level since April 26

Gold gains 0.3% as dip in dollar to a one-month low boosts appeal

The dollar, a rival safe-haven asset to gold, has been falling broadly alongside a decline in Treasury yields from multi-year peaks, with aggressive easing by the Federal Reserve already priced in.

Quad countries, including India, shared Ukraine concerns: Japanese PM

Leaders of the Quad grouping of countries, including India's Narendra Modi, shared concerns over the situation in Ukraine at their meeting in Tokyo, Japanese Prime Minister Fumio Kishida said

With market indicators in red, is the end of the bitcoin winter nigh?

Bitcoin is drawing strength from the rest of the crypto market, for example, its relative stature providing some comfort for investors fleeing altcoins

Oil prices inch lower on concerns over recession, China Covid curbs

Oil prices fell on Tuesday as concerns over a possible recession and China's Covid-19 curbs outweighed an expectation of tight global supply

WEF 2022: Aramco CEO warns of global oil crunch due to lack of investment

Amin Nasser said on Monday he was sticking to the target of expanding capacity to 13 million barrels per day from the current 12 million by 2027, despite calls to do it faster

Oil prices little changed as recession worry offsets higher demand outlook

Brent crude futures were up 35 cents, or 0.3%, to $112.92 a barrel by 11:24 a.m. ET (1524 GMT). U.S. West Texas Intermediate (WTI) crude was up 5 cents, or 0.05%, at $110.32.