Page 952 - Reuters

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

NTPC's annual coal imports in FY23 expected to hit 8-year high

India's top electricity producer NTPC Ltd's coal imports this financial year will be highest in 8 years despite near-record prices, as it looks to address domestic shortage, 2 senior officials said

Fed's Brainard sees rapid balance sheet runoff, rise to neutral

"I think we can all absolutely agree inflation is too high and bringing inflation down is of paramount importance," Federal Reserve Governor said at a conference at the Minneapolis Fed

Ukraine Prez tells top UN body to make Russia accountable for 'war crimes'

He questioned the value of the 15-member UN Security Council, which has been unable to take any action over Russia's Feb 24 invasion of Ukraine because Moscow is a veto power

Russian auto boomtown grinds to halt over Ukraine sanctions: Report

The PSMA Rus plant that is a joint venture between Stellantis and Mitsubishi and employs 2,000, may halt production soon due to a lack of parts, Stellantis' chief executive said last Thursday

Amazon lines up satellite launches to take on Elon Musk's Starlink

Together, they will provide capacity for the company to deploy the majority of its satellite constellation, the company said

World stocks fall, bond yields jump following Lael Brainard comments

The dollar index rose 0.3%, with the euro down 0.46% to $1.092

Oil steadies as coronavirus worries offset more Russia sanctions

Oil prices steadied in volatile trade on Tuesday as growing worries about coronavirus demand destruction offsets supply concerns as the US and Europe plan to impose new sanction on Russia

Global coffee market to record 3.1-mn bag deficit in Oct-Sep season: ICO

Brazil continues to face issues with availability of shipping containers, though these have improved in recent weeks, the ICO said

Commodity currencies gain, led by Australian dollar; euro falls

Commodity currencies rallied in choppy trading on Tuesday led by the Australian dollar, boosted by the prospect of policy tightening by the Reserve Bank of Australia (RBA), while the euro fell.

Gold largely unchanged as Ukraine risks counter rising US Treasury yields

Gold held steady on Tuesday as safe-haven demand spurred by the possibility of new sanctions on Russia countered a rise in US Treasury yields and expectations of interest rate hikes by Federal Reserve

Wall St retreats on worries about hawkish Fed, fresh Russia sanctions

Twitter extends gains on plans to name Elon Musk to board; investors now see nearly 81% odds of a 50 basis points rate hike at the Fed's meeting in May

Oil prices climb as Europe targets new sanctions on Russian oil imports

Ole Hansen, head of commodity strategy at Saxo Bank, expects oil prices to trade between $90 and $120 a barrel during the second quarter

Euro feels weight of French election concerns, more Russia sanctions

The euro's biggest losses on Tuesday were against the Swedish crown and Swiss franc, with falls of 0.4% and 0.2% respectively

Twitter to name top shareholder Musk to board

The Tesla boss will serve as a Class II director, with the term expiring at Twitter's 2024 annual meeting of stockholders

Global bond sales to cross $10 trillion in 2022: S&P Global Ratings

Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings said in a report

'HDFC Bank's $40-bn deal may face regulatory hurdles due to insurance ops'

Analysts say the RBI is unlikely to be comfortable with the size of the insurance operations the deal will give the bank

Asia shares advance to 5-week highs, euro near one-week low against dollar

Japan's Nikkei edged up 0.16%, the S&P/ASX 200 index rose 0.2%, while South Korean stocks added 0.1%

Gold prices ease on higher US yields, bets of bigger rate hikes

Spot gold XAU= was down 0.2% at $1,929.43 per ounce, as of 0933 GMT, trading in a narrow range

Ukraine crisis: Kyiv mayor calls for halt to 'bloody money' flow to Russia

Kyiv mayor asks Europe to cut all business with Moscow while Russia denies targeting civilians and said the deaths had been staged by the West to discredit it