Page 951 - Reuters

CCI probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel

Indian regulations mandate that companies raising debt appoint a so-called 'debenture trustee' to protect the interests of investors.

Sri Lanka president Rajapaksa will not resign despite protests: Minister

Sri Lanka's President Gotabaya Rajapaksa will not resign, a minister said on Wednesday, despite protests against his handling of the country's worst economic crisis

Pakistan court to hear PM Imran Khan's defence of blocking ouster

Khan, a former cricket star, lost his parliamentary majority last week and had been facing a no-confidence vote tabled by the opposition that he was expected to lose on Sunday

Euro slips to month-low as West prepares new Russia sanctions

The dollar index, which measures the greenback against six peers, rose 0.12% to 99.600, after touching its highest since May 2020 of 99.759

Oil futures rise as new Russia sanctions outweigh demand worries

Proposed EU sanctions, which the bloc's 27 member states must approve, would ban buying Russian coal and prevent Russian ships from entering EU ports

Google-backed VerSe valued at $5 billion in latest funding round

VerSe Innovation has raised $805 mn in a funding round led by Canada's top pension fund, putting a $5 billion valuation on the Google-backed parent of video app Josh and news aggregator Dailyhunt.

US, allies prepare new sanctions against Russia after Bucha killings

"The humanitarian situation in the city is worsening," British military intelligence said on Wednesday.

Sri Lankan doctors to stage protests after hospitals run out of drugs

People have been suffering from shortages of fuel, power, food and other items for weeks, and doctors say the entire health system could now collapse

World must act to stop 'mass murder' in Ukraine says UK health minister

"I don't want to be commemorating another genocide in Europe years from now. We have the power, the world has the power to stop this, and it must act," Javid said.

Shanghai eases child separation policy but extends Covid lockdown

The lockdown of China's most populous city, which started in parts of Shanghai 10 days ago and has since been expanded to confine practically all of its 26 million residents at home

'Go home': Protests leave Sri Lanka's ruling Rajapaksa dynasty teetering

In 2020, Mahinda Rajapaksa won elections to become Sri Lanka's prime minister, serving under his brother and president Gotabaya. In 2021, another sibling, Basil, was named finance minister

India's services sector expands at fastest pace so far this year in March

The S&P Global India Services Purchasing Managers' Index rose to 53.6 in March from 51.8 in February, beating the 52.5 estimate in a Reuters poll.

Oil price extends losses on higher dollar, US stock build

By Yuka Obayashi

Asian stocks skid, bond yields rise after hawkish Fed comments

By Daniel Leussink

China's services sector activity squeezed by surge in Omicron cases

Activity in China's services sector contracted at the steepest pace in two years in March as the local surge in coronavirus cases restricted mobility and weighed on client demand

Dollar rises towards 2-year high after Fed policy maker's comments

By Alun John

RBI to wait at least until August to raise repo rate: Economists

Inflation has held above the RBI's 6% upper threshold so far this year, casting doubt on its current strategy of keeping rates low to bolster growth

Global sovereign debt to rise almost 10% to new high in 2022: Report

Governments across the world have ramped up borrowing since the Covid-19 pandemic erupted two years ago, as they tried to shield their economies from the fallout.

Ukraine demands accountability for 'war crimes' as West prepares sanctions

Ukrainian President Volodomyr Zelenskyy told the United Nations Security Council on Tuesday that Russia must be held accountable for what he and many Western leaders have called war crimes

Big online companies face 0.1% supervisory fee under new EU rules

The move comes as the Commission seeks new sources of revenue to fire up the region's economic growth in the wake of the pandemic and also foster a greener and more digital economy