Page 978 - Reuters

Moderna seeks FDA authorization for second Covid booster for all adults

Moderna Inc on late Thursday sought emergency use authorization with US health regulators for a second Covid booster shot, as a surge in cases in some parts of the world fuels fears of another wave

Fed hawks say more dramatic rate moves may be needed to tame inflation

Fed officials hiked interest rates this week for the first time in three years and signaled that more rate increases are coming

Gold set for worst week since November as safe-haven demand eases

'If there is a ceasefire or some sort of a deal, gold could drop fairly quickly,' said Edward Meir, analyst with ED&F Man Capital Markets

Wall Street update: Nasdaq, S&P rise on tech boost after Biden-Xi talks

FedEx falls on lower-than-expected quarterly earnings; Moderna up on seeking FDA authorisation for second booster

Putin tells mass rally that Russia will prevail in Ukraine

'We know what we need to do, how to do it and at what cost. And we will absolutely accomplish all of our plans,' Putin told a rally at Moscow's Luzhniki Stadium

Oil prices headed for weekly loss, but stay well above $100/barrel

Russia said an agreement had yet to be reached after a fourth day of talks with Ukraine during which some signs of progress had emerged earlier in the week

World stocks cling to week's gains, Biden talks Russia with Beijing

US stocks were also set for a pause, with trading on Wall Street likely to be bumpy due to 'triple witching' as investors unwind positions in futures and options contracts before expiry

'We are definitely in the middle of Covid pandemic': WHO spokesperson

Asked by a journalist at a Geneva media briefing about the timing of the pandemic's end, Margaret Harris said it was 'far from over'

Putin tells Scholz that Kyiv is stalling peace talks with Moscow

Moscow has previously said it was close to agreeing a formula that would keep Ukraine neutral, one of its key demands

IEA urges reduced transport to cut oil use amid supply crunch

By Noah Browning

Oil continues rally as Russia-Ukraine talks see slim progress

Brent crude futures rose $1.14, or 1%, to $107.78 a barrel at 1003 GMT, after surging nearly 9% on Thursday in the largest percentage gain since mid-2020

Gold slips on firmer dollar, heads for worst week since November

By Bharat Gautam

Russia-Ukraine conflict: Euro set for biggest weekly rise in six weeks

The dollar index paused for breath on Friday, recovering slightly to 98.18 after declining every other day this week, and was set for a 1% loss over the period

Chinese carrier sails through Taiwan Strait hours before Biden-Xi call

China claims democratically ruled Taiwan as its own territory, and has over the past two years stepped up its military activity near the island to assert its sovereignty claims

Ukraine war, inflation and oil cap world stocks' rebound as yields warn

Oil prices remained above $100 a barrel after slim progress in peace talks between Russia and Ukraine raised the spectre of tighter sanctions and a prolonged disruption to crude supply

India's Feb oil imports at highest since Dec 2020 as refiners boost runs

India's crude imports rose in February to 4.86 million (bpd), their highest since December 2020, preliminary data from trade sources showed, as refiners cranked up runs to meet increasing demand

BOJ maintains huge stimulus, warns of growth risks from Ukraine crisis

Bank of Japan maintained its huge stimulus and warned of growth risks from Ukraine crisis, reinforcing expectations it will remain an outlier in global shift towards tighter monetary policy

Australian watchdog sues Facebook-owner Meta over scam advertisements

Australia's competition watchdog filed a lawsuit against Meta on Friday, alleging the social media giant failed to prevent scammers using its platform to promote fake ads featuring well-known people

Japan and Australia impose new sanctions on Russia, Biden to talk to Xi

Japan, Australia on Friday imposed new sanctions on Russian entities for Ukraine war, which the West says has been stalled by staunch resistance but continues to take a devastating toll on civilians

Biden and Xi Jinping set to clash over Vladimir Putin's war in Ukraine

Biden is expected to tell Xi Jinping on Friday that Beijing will pay a price if it supports Russia's military operations in Ukraine, a warning that comes at a time of deepening conflict among nations