Page 968 - Reuters

Crisis-hit Sri Lanka in talks with India for another $1.5-bn credit line

The country of 22 million people is struggling to pay for essential imports after a 70% drop in foreign exchange reserves in two years led to a currency devaluation

Apple to cut iPhone, AirPods output amid Ukraine crisis, inflation: Report

The company plans to produce 20% fewer iPhone SEs - or about 2 million to 3 million units - next quarter than originally planned, the Nikkei newspaper reported

Wall St slips as banks, energy stocks weigh; Tesla up on stock-split plans

Oil prices tumble on concerns of weaker Chinese demand

UAE crypto push sees Bybit, Crypto.com announce Dubai offices

The UAE has been pushing to develop the virtual asset sector and regulation to attract new forms of business as regional economic competition heats up

ONGC sells Russia's Sokol oil to BPCL, HPCL: Report

This marks the first purchase of Sokol crude by HPCL. BPCL had previously purchased the grade in 2016

Russia-Ukraine talks to resume; Kremlin calls Biden remarks 'alarming'

Talks arranged after call between Erdogan and Putin; 160,000 people still trapped in Mariupol, says mayor

Singapore-based Sea's e-commerce unit Shopee to shut India operations

The withdrawal, effective beginning March 29, comes weeks after India banned Sea's popular gaming app 'Free Fire'

EV giant Tesla seeks investor approval for stock split

The stock split, if approved, would be the latest after a five-for-one split in August 2020 that made Tesla shares cheaper for its employees and investors

Oil slides more than $5 on concerns of weaker Chinese demand

Brent crude futures slid as low as $115.32 a barrel and were trading down $4.53, or 3.7%, at $116.12 at 0943 GMT.

Gold drops 1% as dollar strengthens; Ukraine peace talks in focus

Spot gold was down 1.2% at $1,934.61 per ounce, as of 0651 GMT. U.S. gold futures fell 1% at $1,935.00

Tesla CEO Elon Musk says 'supposedly' tested positive for Covid again

He did not mention whether the results were from polymerase chain reaction tests, which are more accurate than rapid tests

Yen at 6-year low on decisive BOJ move to tamp down bond yields

Treasury yields rose further on Monday, with 10-year yields above 2.5% at a three-year high, boosting the dollar's index to a two-week high

Shanghai lockdown hurts oil prices, bonds and yen take a beating

World stocks were largely flat, holding their ground in the face of another brutal selloff in major bond markets

Sri Lanka seeks additional $1-bn credit line from India: Report

Sri Lanka faces an economic crisis as it struggles to pay for essential imports of food and fuel after a 70% drop in foreign exchange reserves since January 2020

Apple to cut iPhone, AirPods output amid Ukraine crisis, inflation: Nikkei

Apple Inc is planning to cut the output of its iPhone and AirPods devices as the Ukraine crisis and looming inflation start to weigh on demand for consumer electronics, the Nikkei reported

US oil exports surge after Ukraine war, drawing crude away from storage hub

U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil are instead being exported via the Gulf Coast, traders said

Japan to revise forex law to end crypto loophole for sanctions on Russia

Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow's invasion of Ukraine through cryptocurrency assets, government officials said

Chinese regulators, US working hard on solution to audit dispute: Report

Chinese regulators and their US counterparts are working hard to solve an audit dispute affecting US-listed Chinese firms and want to achieve effective and sustainable cooperation as soon as possible

Ukraine insists on territorial integrity as Kyiv-Moscow peace talks loom

Ukrainian President Volodymyr Zelenskiy insisted on the territorial integrity of his country after earlier suggesting he was ready for a compromise.

Oil hit by Shanghai shutdown; yen sinks as BOJ defies the yield tide

Asian shares faltered and oil prices slid on Monday as a coronavirus lockdown in Shanghai hit economic activity, while the yen extended its stomach-churning descent