Page 932 - Reuters

Govt weighs selling part of BPCL instead of entire stake: Report

New Delhi is considering inviting bids for a 20%-25% stake in BPCL, instead of an outright sale of its entire 52.98% holding, say two government officials who declined to be named

Walmart cuts full-year profit forecast as fuel, labour costs spike

Shares tumbled 6.5% to $138.51 in premarket trading, dragging down those of rival retailers including Target Corp

Twitter's account of deal shows Musk signing without asking for more info

The account, published in Twitter's proxy statement that outlines what shareholders need to know to vote on the deal, paints a picture of Musk in a rush to clinch a deal

India's heatwave to lift AC sales to record but supplies from China delayed

With temperatures this month breaching 49 degrees Celsius in New Delhi, sales are set to reach 8.5-9 million units this year, head of Consumer Electronics and Appliances Manufacturers Association said

JPMorgan shareholders reject special $52-mn payout to CEO Jamie Dimon

Only 31% of investors backed the bank's executive remuneration plan

Gold prices subdued by strong US retail sales, aggressive rate hike bets

U.S. retail sales increased strongly in April suggested demand was holding strong despite high inflation and assuaged some fears that the economy was heading into recession

Oil rises to 7-week high on EU's Russian oil ban effort, demand hopes

The easing of China's COVID-19 lockdowns also supported prices, as investors grew more optimistic about demand from the world's second-largest economy.

Global shares rebound, US Treasury yields rise on stronger US retail data

By Herbert Lash

Dow Jones rises nearly 300 pts on gains in banks, strong retail sales data

Walmart slides after cutting earnings forecast; April retail sales rise in-line with estimates

Azovstal siege ends as hundreds of Ukrainian fighters surrender: Russia

Russian forces pummelled Mariupol, a major port on the Sea of Azov between Russia and Crimea, with artillery for weeks

Saint-Gobain, Sembcorp sign green energy supply deal for Indian units

Construction materials giant Saint-Gobain has signed a long-term renewable power supply deal with Singapore-listed Sembcorp for its manufacturing facilities in southern Tamil Nadu state

Gold firms in narrow range as dollar backs off further from two-decade high

"Gold is behaving less like an arrow and more like a feather. It's drifting a little this way, and a little that way on the winds that drive markets," independent analyst Ross Norman said.

LIC IPO: How India's biggest public offering ended in a downbeat debut

By Aftab Ahmed and Nupur Anand

Oil hits seven-week high amid EU push for ban on Russian crude imports

By Alex Lawler

Dollar rally pauses after strong run, rivals seek tentative recovery

By Julien Ponthus

Indian rupee off record lows on RBI intervention; bond yields rise

The partially convertible rupee was trading at 77.63/64 per dollar by 0805 GMT compared with its close of 77.45 on Friday. The rupee touched a record low of 77.7975 during the session.

Russia jumps to 4th position as India's oil supplier amid Ukraine war: Data

Russia's share in India's oil purchases rose to a record 6%, about 277,000 barrels per day (bpd) in April, up from about 66,000 bpd in March, when it was in 10th position

LIC set for lacklustre market debut despite oversubscription: Analysts

Volatility in global markets and selling pressure in the domestic stock market are likely to cast a shadow on LIC's listing

India's surprise wheat export ban traps 1.8 mt at ports, says report

Only exports backed by letters of credit (LCs), or payment guarantees, issued before May 13 can proceed before the ban takes effect, India has said

Hopes for China demand revival boost base metal prices; copper rises 1%

Benchmark copper on the London Metal Exchange was up 1% at $9,254 a tonne at 1602 GMT, while aluminium was 1.4% higher at $2,828 a tonne after earlier touching a one-week high of $2,865 a tonne