Page 725 - Reuters

Russia can maintain oil output at pre-conflict levels, says JP Morgan

JP Morgan forecast Russia would be able to maintain its oil output at pre-Ukraine conflict levels due to steady demand from China and India

Stocks, Euro register fall after stubborn Euro zone inflation data

MSCI's broadest index of world shares dipped 0.2%, hovering near 7-week lows. The STOXX 600 index slid 0.3% and Wall Street's S&P futures were down 0.6%

Oil gains on demand growth from China, but European inflation remains high

China's seaborne imports of Russian oil are set to hit a record high this month as refiners take advantage of cheap prices

Supreme Court asks Sebi to check on Adani's related party transactions

The Supreme Court of India also ordered the formation of an investor-protection panel amid sharp falls in the Adani group's shares

Sebi passes interim orders against entities for stock manipulation via YT

The Sebi in preliminary investigations, identified 46 entities that used the video streaming platform to pump and dump stocks

US pick to head World Bank, Ajay Banga, starts 'charm offensive': Report

Directors appreciated Banga's management and leadership experience, and his willingness to engage openly, the source added

Gender equality in boardrooms out of reach until 2038, says MSCI

This means women will not take an average of 50% of board seats across the 2,811 companies which make up MSCI's All Country World Index (ACWI) until 2038, based on the current trajectory

China's manufacturing activity expands at fastest pace since 2012

The world's second-largest economy recorded one of its worst years in nearly half a century in 2022 due to strict Covid lockdowns and subsequent widespread infections

Adani Group secures $3 bn credit from sovereign wealth fund: Report

Adani Group has told creditors it has secured $3 bn loan from a sovereign wealth fund, two sources with knowledge of the matter said, as the embattled conglomerate seeks to ease concerns

Adani Group secures $3 bn credit from sovereign wealth fund: Sources

The identity of the sovereign wealth fund was not disclosed in the memo. A third person familiar with the matter said Adani's management told investors it was from the Middle East

Bajaj Finserv gets regulatory license to start mutual fund business

Bajaj Finserv MF aims to create a tech-driven, multi-channel approach to serve investors across various touchpoints and geographies in order to build a future-ready asset management company

Petronas clean energy arm sees India, Australia as key market for growth

The state-owned company has said it would allocate 20% of its overall capital expenditure for decarbonisation projects and cleaner energy solutions from 2023 to 2026

Andhra Pradesh launches probe into fire at Apple supplier Foxlink

The factories department, which is responsible for ensuring the safety and welfare of workers in the state, has launched an investigation

India December quarter GDP growth stronger than data suggests: Economists

India's GDP grew 4.4% in October-December, down from 6.3% in July-September, and below the 4.6% forecast in a Reuters poll

India's unemployment rate rose to 7.45% from 7.14% in January: CMIE

India's unemployment rate rose to 7.45% in February from 7.14% in the previous month, data from the Centre for Monitoring Indian Economy (CMIE) showed on Wednesday

Feb manufacturing PMI falls to four-month low amid rising borrowing costs

The manufacturing sector shrank 1.1% in the quarter year-on-year, the second straight contraction reflecting a weakness in exports

Oil prices rise as China factory gains boost demand outlook for fuel

Brent crude oil for May was up 24 cents, 0.3%, to 83.69 a barrel at 0214 GMT. The April contract expired on Tuesday up $1.44, or 1.8%, at $83.89.

Apple supplier Foxlink says working to resume production after India fire

Taiwanese Apple Inc supplier Foxlink said it is working hard to resume production following a fire at a plant in southern India that halted operations at the maker of iPhone charging cables

US attaches childcare strings to $52-billion subsidy for chip makers

The condition marks an unusual use of the federal government's powers. Officials said the rule was intended to address a worker shortage

US Federal Reserve may hike policy rates to 6%: BofA Global Research

Strong US consumer demand and a tight labour market would force the central bank to battle inflation for longer