Page 945 - Reuters

Russia-Ukraine conflict, inflation drives Q1 jump in gold demand, WGC says

Strong demand for gold-based exchange traded funds (ETFs) helped to boost total gold demand to 1,234 tonnes in the first three months of 2022

US, European shares advance as euro dives to lowest since 2017

The euro dropped to its weakest since 2017 after Russia halted gas supplies to Bulgaria and Poland, and investors fretted more about the region's economy

Oil prices edge lower as mass coronavirus testing begins in China

China's capital Beijing reported 48 new symptomatic and 2 new asymptomatic COVID-19 cases for April 27

Centre tells states to step up coal imports for three years: Report

The decision to boost imports underscores the severity of India's fuel crisis as coal inventories are at the lowest pre-summer levels in at least nine years

Retail trading platform Robinhood to cut 9% of its full-time employees

The firm, which is reporting its quarterly results later this week, said the rapid headcount growth has led to some duplicate roles and job functions

Big YouTube miss yanks down Alphabet earnings and revenue

The world's largest provider of search and video made a fortune over the last two years as the pandemic forced more shops and people online

Russia- Ukraine war to cause biggest price shock in 50 yrs: World Bank

The price shock is aggravated by restrictions in the food, fuel, and fertiliser trade, it said

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