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Tesla loses $126 bn in a day amid Musk's Twitter funding concerns

The 12.2% drop in shares equates to a $21-billion drop in the value of Musk's Tesla stake, the same as the $21 billion in cash he committed to the Twitter deal

Europe decries 'blackmail' as Russia shuts off gas to Poland and Bulgaria

Russia's Gazprom halted gas supplies to Poland and Bulgaria on Wednesday over their failure to pay in roubles, cranking up an economic war with Europe

Reliance, Apollo Global plan joint bid for Walgreens' Boots biz: Report

Reliance Industries Ltd andUS buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a media report said

US goods trade deficit hits record high; Q1 GDP growth estimates slashed

The goods trade deficit jumped 17.8% to an all-time high of $125.3 billion.

U.S. court denies Elon Musk's bid to end SEC agreement on tweets oversight

Musk on Tuesday clinched a deal to acquire Twitter Inc for $44 billion

Ruble hits over 2-year high vs euro as Russia halts some gas supplies

The rouble soared to a more than two-year high against the euro in Moscow trade on Wednesday, supported by existing capital controls and upcoming income tax payments

Explained: Options for Poland and Bulgaria after Russia supply halt

Gazprom supplies almost half of Poland's annual needs - 10 billion cubic metres (bcm) versus total consumption of over 20 bcm.

Moscow bans 287 UK lawmakers from Russia, drawing British sarcasm

Russia accused the UK lawmakers of fuelling "Russophobic hysteria" in Britain, drawing a defiant response from Prime Minister Boris Johnson

Oil prices dip as Europe turns away from Russian oil, dollar soars

Oil prices dipped on Wednesday as a soaring dollar made barrels more expensive and Europe's biggest economy Germany was speeding up plans to wean itself off Russian oil

EU estimates between 60% to 80% of its population by now has had Covid

The European Commission said that between 60% and 80% of the EU population was estimated to have been infected with Covid-19

Govt approves Rs 60,939 crore subsidy for phosphate-based fertilizers

The decision to raise the fertilisers subsidy was taken after a spike in the prices of crop nutrients in global markets, mainly due to supply chain disruption after Russia's invasion of Ukraine

In India push, WhatsApp plans cashback for peer transfers, merchant payment

The latest move comes days after WhatsApp won regulatory approval to more than double its payments offering to 100 million users in India

Euro falls below $1.06 for first time in five years amid growth slowdown

The euro slipped to a five-year low of $1.05860 after Russia's Gazprom said it would cut gas supply to Poland and Bulgaria, as the crisis in Ukraine deepened

France's Atos moves Russian services to India and Turkey amid Ukraine war

The feasibility of exiting Russia has required significant planning in terms of implications for business operations and employees based there, the company said in an earnings statement

Oil extends gains on Russia-Europe tension, China stimulus hopes

Brent crude futures rose $1.11, or 1.1%, to $106.10 a barrel by 0019 GMT. U.S.

ONGC struggling to move Russian oil to Asia as sanctions bite: Report

Several Indian companies including ONGC have stakes in Russian oil and gas assets, and India has been buying more Russian crude since Moscow invaded Ukraine

Chipotle sees quarterly sales above Wall Street view amid strong demand

The burrito chain forecast comparable restaurant sales growth of 10% to 12% for the current quarter, compared with estimates of an 8.8% growth, according to IBES data from Refinitiv

Mondelez tops quarterly sales estimates powered by higher prices and demand

Mondelez Inc beat Wall Street estimates for quarterly revenue, as higher prices and sustained demand for the chocolates and snacks helped it overcome a hit to business from supply chain hurdles.

India slashes its expected proceeds from LIC IPO to over Rs 21,000 crore

The initial public offering (IPO) of the state-owned insurer is a billion dollars short of its projection last week, and a third of the more than $8 billion it initially planned to raise in February

Serious risk of a nuclear war real; Nato using proxy, says Russia

US, allies pledge heavy arms for Ukraine, brushing off Russian N-war warning