Page 801 - Reuters

India's Russian oil binge sends West Asian imports to 19-month low

India's imports from the West Asia fell to about 2.2 million bpd, down 16.2% from August

World shares turn up after better-than-expected US data; dollar recovers

Major U.S. stock indexes rose and European shares recovered losses on Thursday after strong US economic data, while the British pound eased off mid-September highs

US economic growth rebounds in Q3 on trade, but demand is slowing

Gross domestic product increased at a 2.6 per cent annualised rate last quarter, the Commerce Department

AB InBev raises 2022 outlook as its beer sales accelerate 3.7% in July-Sept

AB InBev, the maker of Budweiser, Corona and Stella Artois, sold 3.7% more beer and other drinks during July-September, a growth rate faster than that seen in the first or second quarters

Oil rises 3% on strong crude demand, outweighing slack in China fears

Brent crude rose 56 cents, or 0.6%, to $96.25 a barrel by 1057 GMT. U.S. West Texas Intermediate (WTI) crude gained 41 cents, or 0.5%, to $88.32

Gold holds ground on bets that US Fed may slow pace of rate hikes

Spot gold was little changed at $1,663.30 per ounce, as of 0811 GMT, while U.S. gold futures fell 0.2% to $1,666.20

European stocks hover below five-week high ahead of expected ECB rate hike

But Asian markets benefited from speculation among investors that major central banks are considering slowing their aggressive interest hikes, given signs of an economic slowdown

Unilever downbeat on Europe, China consumer sentiment; raise prices

Like the rest of the consumer goods industry, Unilever's margins have been squeezed since the start of the war in Ukraine that has pushed up costs of energy and key ingredients

Indian importers should use rupee's recovery to increase hedges: Analysts

The rupee was up at 82.3250 per US dollar, compared with 82.7250 in the previous session and the record low of 83.29 reached last week

'Strong consumer demand': AB InBev raises 2022 outlook as beer sales rise

"We continue to see strong consumer demand for our portfolio and a resilient beer category as we navigate the dynamic operating environment," Chief Executive Michel Doukeris said in a statement

High natural gas prices spur demand for dual-fuel tankers: Executive

Even as LNG is seen as a key transitionary fuel for bunkering, soaring prices of the super-chilled fuel have led to higher demand for ships with dual-fuel tankers, said an industry executive

Crompton Electricals reports 18% drop in Q2 profit as expenses surge

Indian household appliance maker Crompton Greaves Consumer Electricals reported a near 18% drop in September-quarter profit, dented by higher expenses and subdued performance

Russia's VTB Bank opens 'vostro' account in India for rupee-based trade

Russia's No.2 lender VTB said it had opened a special "vostro" account at its Indian branch that would allow for the more active use of Indian rupees in payments under import and export contracts

Have completed most of India trade deal, will only sign once happy: UK

Britain has completed majority of sections of a free trade agreement with India but will only sign off on the deal once happy that it is fair and reciprocal, trade department minister Greg Hands said

Gold hits near 2-week high on bets for easing interest rate hikes

Gold prices jumped over 1% on Wednesday as the dollar and bond yields weakened amid signs that the US Federal Reserve's aggressive rate hikes were dampening inflationary pressures

PCBL posts 4.9% fall in second-quarter profit on rise in total expenses

Indian carbon black maker PCBL Ltd reported a 4.9% fall in second-quarter profit on Wednesday, as higher costs offset robust sales of the tire strengthening material

Dollar slides on expectations of less hawkish Fed; euro at 1-month high

The euro climbed back above parity against the dollar for the first time in a month on Wednesday after poor U.S. economic data reinforced speculation that the Federal Reserve will slow rate hikes

World stocks at 5-week high on slow rate-hike hopes, earnings in spotlight

World stocks scaled a five-week high on Wednesday, lifted by growing hopes that the pace of U.S. interest rate hikes could soon start to slow

LG Display's posts larger than expected loss in Q3 on falling demand

LG Display Co Ltd posted on Wednesday its second consecutive quarterly loss, as soaring inflation and a gloomy economic outlook dealt a further blow to lacklustre demand for TVs and smartphones

StanChart posts 40% jump in quarterly profit, raises income outlook

Standard Chartered posted a 40% increase in quarterly profit, as the emerging markets-focused bank benefited from a sharp rise in income on higher interest rates