Page 994 - Reuters

Facebook-backed Meesho targets early 2023 for IPO: Report

In September, Meesho raised $570 million at a valuation of $4.9 billion in a Series F funding round led by Fidelity Management & Research Company and B Capital Group

India increasing ethanol storage, targets 20% blended gasoline by 2025

India's state-run fuel retailers are increasing their ethanol storage capacity by 51% as the nation targets to double the biofuel's blending with gasoline to 20% by 2025

Covid: US FDA declines emergency use nod for Covaxin for 2-18 age group

Bharat Biotech's US partner Ocugen said it intends to continue working with the US FDA to evaluate the process for getting an EUA for pediatric use of Covaxin

Global stocks sink amid commodities 'melt-up' rally as war rattles markets

European shares sink into correction territory; Euro heads for worst week vs dollar in nearly 2 years

Oil rises above $113 as Ukraine conflict offsets Iran supply hope

Oil rose above $113 a barrel on Friday in a volatile session as fears over disruption to Russian oil exports in the face of Western sanctions offset the prospect of more Iranian supplies

India to raise fuel prices from next week amid concern over inflation

State oil companies have told the government that they need a price increase of 10-12 rupees per litre for petrol and diesel, an official said

Russia-Ukraine war sends euro below $1.10 for first time in 2 years

The euro fell on Friday below $1.10 for the first time in almost two years and hit a fresh seven-year low versus the Swiss franc as the war in Ukraine lowered expectations of European economic growth

Palladium set for best week in 2 years as Russia supply concerns mount

Russia accounts for 40% of global production of the auto-catalyst metal used in catalytic converters to curb vehicle emissions

Indian sugar exports and output could hit record high, says trade body

India could export a record 7.5 million tonnes of sugar in the 2021/22 marketing year, nearly 25% more than the previous estimate, with output set to reach a record high

Global stocks deepen week's losses as Ukraine invasion escalates

STOXX index of 600 companies was sank 1.4% to 431 points, hitting a new low for the year as the benchmark eyed correction territory, meaning down 10% from its highs

Russian seizure of Ukraine nuclear plant sparks worries about radiation

Russian forces captured the Zaporizhzhia plant - Europe's largest - after attacking it in the early hours of Friday, setting an adjacent five-storey training facility on fire

Rupee hits 10-week low as Ukraine crisis grows; RBI in focus

Most emerging Asian currencies and stocks weakened on Friday amid heightened investor anxiety after reports that Russian forces had attacked a nuclear plant in Ukraine

Oil rebounds as escalating Ukraine conflict raises supply concerns

Global stocks fell and oil prices rose on signs of an escalation in the Russia-Ukraine conflict after reports of a fire at a Ukrainian nuclear power plant after an attack by Russian troops

Asia stocks tumble to 16-month lows after Ukraine nuclear complex fire

Asian equities and the euro slumped on Friday after news of a fire near a Ukraine nuclear facility following fighting with Russian forces heightened investor fears

Ukraine crisis puts euro on course for worst week in two years

Euro fell to $1.1008 in early Asia trade, its weakest since May 2020, following news Ukraine's Zaporizhzhia nuclear power plant was on fire after an attack by Russian troops

Russia seizes Ukrainian nuclear plant, fire put out after fear of disaster

Volodymyr Zelenskiy says Russian tanks had shot at the nuclear reactor plants, though there was no evidence cited that they had been hit.

Japan unveils measures to boost oil subsidy, back small firms

Concern about Russian oil supplies, which at 4 million to 5 million barrels per day (bpd) are second only to Saudi Arabia in volume, have pushed up oil prices to levels not seen in a decade.

Abu Dhabi wealth fund cuts jobs in effort to save $272 mln in costs

The cost savings will help Abu Dhabi's sovereign wealth fund, which manages $700 billion in assets, divert money into new projects such as quantitative research and development.

Solid US job gains forecast in Feb; unemployment rate seen dipping to 3.9%

Oil prices have surged above $100 a barrel since Russia launched a war against Ukraine last Thursday, invoking a barrage of sanctions against Moscow by the United States and its allies.

Japan's Nikkei slips to 15-month low as Russia Ukraine crisis intensifies

Japan's Nikkei index hit a 15-month low on Friday as global markets remain on edge following reports of Europe's largest nuclear power plant set on fire amid an intensifying war between Ukraine-Russia