Page 899 - Reuters/14

e-Scooter maker Ather says high costs pushing back profit timeline

Indian electric-scooter maker Ather Energy said a surge in raw material costs and supply chain disruptions were delaying the company's path to profit despite high demand for its vehicles

RBI prepared to spend $100 bn more for defending rupee, says report

Most analysts and traders believe worst is yet to come for the rupee, despite the RBI's intent to defend the currency and India's sound macroeconomic fundamentals

Dollar edges down vs euro as traders eye ECB's rate decision on Thursday

By Saqib Iqbal Ahmed

Oil prices slip ahead of US inventory data as fuel demand weakens

By Rowena Edwards

Sergei Lavrov says Russia's aims in Ukraine now go beyond Donbas

Russian Foreign Minister said geographical realities had changed since Russian and Ukrainian negotiators held peace talks in Turkey in late March that failed to produce any breakthrough

Gold eases as dollar gains, recession fears ebb; silver rises 0.2%

By Arundhati Sarkar

World shares hit 3-week high as recession fears ease, dollar hovers low

World shares hit a three-week high on Wednesday as strong US corporate earnings and the expected resumption of Russian gas supply to Europe allayed fears of a recession

Netflix soothes Wall Street concerns with customer growth forecast

Netflix Inc averted its own worst-case scenario of subscriber losses, posting a nearly 1 million drop from April through June

Gazprom Singapore misses LNG deliveries to GAIL amid soaring demand: Report

GMTS is willing to offer a penalty to the Indian company for missed cargoes. One of the sources said the penalty is miniscule compared to spot prices of LNG.

Oil steady as economic slowdown worries offsets tight supplies, weak dollar

Brent futures for September delivery fell 14 cents, or 0.1%, to $106.13 a barrel by 10:48 a.m. EDT, while U.S. West Texas Intermediate (WTI) crude for August fell 27 cents, or 0.3%, to $102.33

London's burning: Fire engulfs homes as UK temperatures hit record 40C

UK hits record 40C at Heathrow Airport; train routes cancelled due to the heat; heatwave prompts focus on climate change promises

Judge sets October trial to decide Musk's $44-bn deal for Twitter

Twitter and Musk laid out competing proposals for the trial date in court on Tuesday, with Musk pushing for a trial in February

PharmEasy plans $200 million fund raising at lower valuation: Report

Indian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15% or even 25% lower than last year's $5.1 billion

Wall Street powers ahead with earnings in full swing; Dow surges 580 pts

Johnson & Johnson higher after Q2 profit beat; Boeing rises on deal to set jets to 777 Partners; IBM falls on dollar impact warning

Google to allow app developers to use rival payment systems, to cut fees

The world's most popular internet search engine said the fee cut applies only to European consumers

Chinese regulators to fine Didi over $1 billion for data breaches

Didi's penalty could pave the way for Beijing to ease a restriction banning it from adding new users to its platform and allow its apps to be restored on domestic app stores

Hindustan Unilever warns of higher prices as costs pressure margins

High commodity prices forced the India unit of Unilever to raise prices across its main segments, including household care, skin and hair cleansing products, in the quarter ended June

Investor pessimism worst since 2008 global financial crisis: BofA survey

Investors slashed their exposure to risk assets to levels not seen even during the global financial crisis in a sign of full capitulation amid a 'dire' economic outlook, says the survey

Asian palm buyers replenish inventories as prices correct to one-year low

It will also help Indonesia to reduce stockpiles that swelled after its export ban earlier this year and pressured local prices lower and squeezed farmer's incomes.

Euro rallies after report that bigger ECB rate hike is on the cards

The euro rose to as high as $1.0254, up 1.1% on the day and its strongest since July 6 as money markets priced in a 60% chance of a 50 basis point hike on Thursday, up from 25% on Monday.