Page 918 - Reuters

Gold gains as dollar, Treasury yields weaken after US inflation data

A weaker dollar makes gold attractive for overseas buyers, while lower Treasury yields reduce the opportunity cost of holding zero-yield bullion

US shares drop, dollar remains firm as inflation stokes worries on economy

Apple shares fell 5% overnight, dragging the S&P 500 down 1.65% and the Nasdaq down 3.2%

Tata Group making plans for battery firm in India, abroad: N Chandrasekaran

The group is making a transition towards sustainability across businesses which includes a clean mobility push at Tata Motors and its British luxury unit Jaguar Land Rover, N Chandrasekaran said

Dorsey says no plans to head Twitter again, hints at limited involvement

Jack Dorsey, who currently heads payments firm Block Inc, owns a 2.4% stake in Twitter, according to Refinitiv

Dollar hovers near two-decade high of 103.92 as US inflation moderates

The consumer price index climbed 8.3% on an annual basis in April, easing from 8.5% in March but outstripping the 8.1% estimate of economists

Russian importers seek deals with small Indian firms to sidestep sanctions

Private players in Russia have met with potential suppliers in India's big cities and are opening specialised bank accounts at home for roubles-to-rupees transactions, with blessing of the two govts

Oil eases after surging previously on Russia's sanctions on EU companies

On Wednesday Russia sanctioned 31 companies based in countries that imposed sanctions on Moscow after Russia invaded Ukraine in February

Toyota plans to make EV parts in India for domestic, export markets

The move follows the company's recent announcement that it will invest 48 bn rupees ($621 mn) in India to localise the supply chain for EVs, and is also part of its broader 2050 carbon-neutrality goal

Russian importers seek deals with smaller Indian firms to avoid sanctions

Private sector players in Russia have met with potential suppliers in India's big cities and are opening specialised bank accounts at home for roubles-to-rupees transactions

Toyota to make EV parts in India for domestic, countries in ASEAN bloc

The carmaker plans to start by producing e-drives or electric powertrain parts used by different electric vehicle types, says executive.

Tesla's China sales dive 98% as coronavirus lockdowns take a toll

Tesla's production in the country also slid 81 per cent to 10,757 vehicles in April, compared with 55,462 in March

Moderna CFO exits day after taking charge as former employer launches probe

Jorge Gomez previously worked for dental products maker Dentsply Sirona, which last month fired its CEO.

Musk recklessly tweeted that got funding for taking Tesla private: US judge

Pre-trial decision represented a major victory for investors in a lawsuit accusing the world's richest person of inflating stock prices.

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries

US consumer prices slow in April; inflation still high; Coinbase falls on Q1 revenue slump, net loss

Oil rallies after 10% slide over 2 days as Russia gas flow to Europe falls

Russian gas flows to Europe via Ukraine fell by a quarter on Wednesday after Kyiv halted use of a major transit route blaming interference by occupying Russian forces.

The PM's meeting, then the mob. 'Turning point' in Sri Lankan crisis

Mahinda Rajapaksa stepped down on Tuesday and his brother, the president, gave sweeping powers to the police for enforcing order.

Tata Group readying plan for battery company in India, abroad: Chandra

The group is making a transition towards sustainability across businesses which includes a clean mobility push at Tata Motors and its British luxury unit JLR, says its chief

RBI likely to up inflation projection in June, mull more rate hikes: Report

The central bank raised the repo rate by 40 basis points to 4.40% following a emergency meeting earlier this month.

UN's Guterres 'deeply concerned' about risks of world hunger due to war

The war in Ukraine has sent global prices for grains, cooking oils, fuel and fertiliser soaring.

Google, Meta must find and remove online child porn, say EU draft rules

Companies that fail to comply with the rules face fines up to 6% of their annual income or global turnover.