Page 806 - Reuters

Nykaa, Dubai's Apparel Group forge GCC alliance to build multi-beauty brand

Indian cosmetics and fashion retailer Nykaa on Thursday entered a strategic alliance with Dubai-based fashion and lifestyle retail conglomerate Apparel Group to expand in Gulf countries

Dabur India flags up to 200 bps margin hit in Q2 as inflation bites

Dabur's consolidated revenue grew 8.1% in the June-quarter, with an operating margin of 19.62%

Dollar wavers with ECB minutes and Friday's US jobs data in focus

Sterling gained 0.35% to $1.1359, and the dollar also slipped 0.5% against the Swiss franc to 0.9791 francs

India's Edelweiss AM says repo rate may hit 6.75% on inflation woes

RBI may have to hike the repo rate to 6.75% as inflation remains a threat, lingering above the central bank's target range for the remainder of the year, the head of fixed income at Edelweiss AM said

Honda to cut car output by 40% at two Japanese plants in October

Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants for the rest of October from its earlier plans

Services PMI at 54.3 in Sep; slowest expansion in 6 months amid weak demand

Growth in India's services industry slumped in September to a six-month low, led by a substantial easing in demand amid high inflation

Oil extends gains to three-week high as OPEC+ agrees to slash crude output

Oil prices rose for a fourth session on Thursday, with Brent at a three-week high, after OPEC+ agreed to further tighten global crude supply

Musk, Twitter may reach deal to end court battle as early as Wed: Report

Musk, the world's richest person, proposed to Twitter he would change course and abide by his April agreement to buy the company for $54.20 per share if Twitter dropped its litigation against him

Cutting taxes the right thing to do, both morally and economically: UK PM

''Will make difficult but necessary choices for economic growth''

Oil rises to 3-week high as OPEC+ agrees to deep cuts, US stockpiles fall

Prices also rose on US government data that showed crude and fuel inventories fell last week

US stocks fall after two-day winning spree; Dow Jones, Nasdaq slip over 1%

The yield on benchmark 10-year Treasuries, had surged to 3.7408 per cent

Apple asks suppliers to shift some AirPods' production to India: Report

Apple Inc is asking its suppliers to move some AirPods and Beats headphone production to India for the first time in what could be an another win for New Delhi in its push for local manufacturing

Wall Street slides as rising Treasury yields snuff out stock rally

Twitter eases from one-year high, Tesla falls 5%; Rate-sensitive technology and related stocks like Nvidia Corp, Amazon.com, Apple Inc and Alphabet Inc fell between 1.8% and 4%

Nobel Prize 2022 goes to pioneers of Lego-like 'click chemistry'

Danish winner Medal described click chemistry as a way to build complex structures and link them as if they were pieces of Lego, the plastic construction toy

US Dollar rebounds as investors heed hawkish reminder from New Zealand

The dollar index was last up 0.54% to 110.77, after tumbling 1.3% on Tuesday

OPEC+ heads for clash with US, deep supply cuts to boost sagging prices

The potential OPEC+ cut could spur a recovery in oil prices that have dropped to about $90 from $120 three months ago due to fears of a global economic recession, rising US rates and a stronger USD

Oil maintains most of recent gains asf OPEC+ heads for deep supply cuts

Oil has risen so far this week in anticipation of the largest output cut by OPEC+ since the depths of the COVID-19 pandemic in 2020, said Fiona Cincotta, senior financial markets analyst at City Index

Oil prices inch lower ahead of a meeting of OPEC+ producers on supply cut

Oil prices moderated very slightly on Wednesday after gaining more than 3% in the previous session ahead of a meeting of OPEC+ producers to discuss a big cut in crude output

Gold retreats as dollar index perks up ahead of US jobs data report

The dollar index edged 0.2% higher, after the unit shed 1.3% overnight to mark its biggest drop since March 2020

Dollar steadies as investors heed hawkish reminder from New Zealand

The dollar steadied on Wednesday after a sharp rate rise in New Zealand poured cold water over hopes for a pause or slowdown in the US Federal Reserve's intentions for aggressive hikes