Page 976 - Reuters

Sri Lanka in talks with China for $2.5 bn credit support: Chinese official

Chinese ambassador to Sri Lanka Qi Zhenhong told reporters the two sides were also discussing a separate loan of up to $1 billion which the Sri Lankan government had requested

EU must impose sanctions on Russian oil, ministers tell divided bloc

Whether to target Russian oil, as the United States and Britain have done, is a tough and divisive choice for the 27-nation EU, which relies on Russia for 40% of its gas

Warren Buffett ends drought with $11.6 billion Alleghany purchase

Alleghany, the owner of reinsurer Transatlantic Holdings, would expand Berkshire's large portfolio of insurers

Wall Street slides after Powell's hawkish comments; Dow drops 235 pts

Energy stocks rise as EU mulls Russian oil embargo; Alleghany stock rises on Berkshire's $11.60-bn takeover deal

Oil prices up more than $6 as European Union considers Russian oil ban

Brent crude futures were up $6.52, or 6%, at $114.45 a barrel by 1442 GMT, adding to a 1.2% rise on Friday

Wall Street refocuses on risk as stocks dip, oil prices climb

The Dow Jones Industrial Average fell 197.09 points, or 0.57%, to 34,557.84, the S&P 500 lost 17.31 points, or 0.39%, to 4,445.81 and the Nasdaq Composite dropped 160.70 points, or 1.16%, to 13,733.14

Indian Potash signs 5-year purchase agreement with Israel Chemicals

Indian Potash Ltd has signed a five-year deal to import muriate of potash from Israel Chemical Ltd, according to a government statement released on Monday

Oil prices jump again as European Union considers Russian oil ban

Brent crude futures were up $3.40, or 3.2%, at $111.33 a barrel by 0958 GMT, adding to a 1.2% rise last Friday

Chinese Boeing crashes with 132 people on board, no sign of survivors

The Boeing 737 aircraft of China Eastern Airlines, which flew from Kunming to Guangzhou, crashed in Tengxian County in the city of Wuzhou, causing a mountain fire

Dollar dips, yen near six-year lows as Russia-Ukraine crisis intensifies

The dollar index, which measures the greenback against six peers, dipped 0.1% to 98.222

Gold prices rise as Ukraine crisis escalates, hawkish Fed caps gains

Spot gold rose 0.3% to $1,927.22 per ounce by 0528 GMT. U.S. gold futures were down 0.1% to $1,927.30

Indian rupee, bonds retreat as oil prices rise above $110

Oil prices jumped more than $3 on the day, pushing global benchmark Brent to above $111 a barrel as European Union nations considered joining the United States in a Russian oil embargo

Global stocks ease as Ukraine fighting rages on, oil prices climb

Most share markets rallied last week in anticipation of an eventual peace deal on Ukraine, but it could take actual progress to justify further gains

India's bulk diesel buyers rush to cheaper retail outlets after price hike

The surge in diesel sales is putting pressure on India's logistics and supply infrastructure, according to Reliance

AstraZeneca Covid drug neutralises Omicron sub-variants in lab study

Evusheld was tested against the BA.1, BA.1.1, and BA.2 sub-variants of Omicron and it was also shown in the study to limit inflammation in the lungs - a critical symptom in severe Covid-19 infections

Govt considers widening Covid booster shots to all adults in India: Report

Only frontline workers and those older than 60 are now allowed to take booster doses in the country.

Oil climbs on pressure from Ukraine conflict, tight market

Brent crude futures climbed $1.96, or 1.8%, to $109.89 a barrel at 0039 GMT, adding to a 1.2% rise last Friday

Foxconn 'basically' resumes normal operations in China's Shenzhen

This is happening 'under the premise of abiding by epidemic prevention policies and strictly implementing epidemic prevention and control', it added

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies