Page 971 - Reuters

India could restrict sugar exports for first time in six years: Report

Govt wants to ensure ample supply during festive season, say sources; sugar companies' stocks slide

Jhunjhunwala-backed Akasa Air plans first commercial flight in June

The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years, says CEO Vinay Dube

Euro edges higher as focus on Ukraine, yen rebounds vs dollar

The euro was edging higher on Friday, but concerns about a potential slowdown of the economy kept it in a tight range

Oil slips with some concerns easing over Kazakhstan's CPC terminal supplies

With global stockpiles at their lowest since 2014, analysts said the market remained vulnerable to any supply shock

Gold prices set for weekly gain as Russia-Ukraine conflict deepens

Rising tensions in Ukraine stoked geopolitical uncertainty and demand for safe-haven assets such as gold

When it comes to oil, the global economy is still hooked: An analysis

The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a stubborn craving for oil

World stocks set for consecutive weekly gains for first time in 2022

The broader dollar index took a breather on Friday but was on track for a small weekly gain

EU leaders to discuss ways to bring energy prices down: Belgium PM

Belgium's PM that European leaders would discuss measures to reduce the impact of high energy prices on consumers as the war in Ukraine was "ruining" the EU's population

World stocks set for consecutive weekly gains for first time in 2022

World stocks are headed for a second consecutive week of gains for the first time in 2022 though sentiment was broadly cautious as markets evaluated the economic risks from the Fed Reserve's policy

New rules for US tech giants to come into force in October: EU's Vestager

Tough new rules targeting US tech giants agreed late on Thursday are expected to come into force in October, EU antitrust chief Margrethe Vestager said

Vistara in talks with lessors to fill long-haul gap amid 787 delays

Vistara is in talks with lessors about getting long-haul planes to cover a gap left by delays in Boeing 787 deliveries, chief executive Vinod Kannan said

Ukrainian forces advance east of Kyiv as Russian troops fall back

Ukrainian troops are recapturing towns east of the capital Kyiv and Russian forces who had been trying to sieze the city are falling back on their overextended supply lines, Britain said

Maldives ex-president Yameen plots comeback with 'India Out' campaign

A former Maldives president jailed on corruption charges has returned to politics with a campaign against Indian influence in the country, worrying New Delhi, which is battling China

Yen bounces as BoJ drags heels on bond buying; export prices remain high

After touching a six-year low of 122.44 per dollar in the morning, by the Tokyo afternoon the yen had snapped a five-day losing streak and was up as far at 1% to 121.18

India could restrict sugar exports to augment local stocks: Report

India is considering restrictions on sugar exports for the first time in six years and may cap exports at around 8 million tonnes in an effort to prevent domestic prices surging

FAA warns Boeing may not win certification for 737 MAX 10 by 2022: Report

The US FAA warned Boeing Co earlier this week the planemaker may not gain certification of a lengthened version of the 737 MAX ahead of a key safety deadline set by Congress

Weak local currencies rein in India, Thai rice export rates

India's 5% broken parboiled variety was quoted at $367 to $370 per tonne, down from last week's $371 to $378, edging lower on a depreciation in the rupee amid steady demand from key buyers

Meta inks partnership with VNTANA for 3D ads in step towards the metaverse

Meta previously partnered with augmented reality (AR) companies Modiface and PerfectCorp to help beauty and cosmetic brands more easily run 3D and AR advertising

Oil prices drop as supply crunch fears ease, trading costs rise

Oil prices fell about a $1 on Friday as the United States and allies considered releasing more oil from storage to cool markets and as traders faced higher costs for trading benchmark Brent futures.

Ukraine urges halt to Russia's assault as Joe Biden heads to Poland

President Volodymyr Zelenskiy said that Ukrainians "need to achieve peace" and halt Russian bombardment that has forced millions to flee to countries like Poland