Page 807 - Reuters

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

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

From stubs to soft toys, this Indian factory reprocesses cigarette ends

The material is composed of cigarette stubs, separated into fibres and cleaned and bleached after being gathered from the city streets where they had been discarded along with millions of others

Indian oil refiners scout for term deals ahead of EU's ban on Russian crude

Indian state refiners plan to lock-in more of their crude supplies in term deals, worried that tighter Western sanctions on Russia, including from the EU

Banks divert gold supply from India to China, Turkey ahead of festivals

Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and other markets where better premiums are offered

Musk proposes to buy Twitter for original price of $54.20 a share: Report

Twitter shares jumped 12.7% to $47.93 before trading was halted for the second time, while Tesla shares rose by about 1%

Growth stocks lift Nasdaq 3% as Treasury yields ease; Dow surges 700 pts

Twitter jumps on news Musk to resume buyout at $54.2/share; Tesla rebounds after worst selloff in 4 mths; US job openings post biggest drop in 2.5 yrs in Aug

India govt bonds not added to key index, remain on watch: JPMorgan

Some investors had hoped the Wall Street bank would move towards including Indian bonds this year, following Russia's exit from the widely-followed benchmark

Credit Suisse's scandals, challenges: Spies, lies, and money laundering

Already wobbling under pressure from a declining stock price, the bank in October saw its credit default swaps surge to the highest level in two decades

Ray Dalio gives up Bridgewater's control as part of succession plan

Dalio has tranferred his majority stake to the board but remains a 'meaningful' owner of the $150-billion hedge fund, the company said

Banks divert gold supply from India to China, Turkey, says report

Leading gold suppliers to India - which include ICBC Standard Bank, JPMorgan and Standard Chartered - usually import more gold ahead of festivals and store it in vaults.

Nobel physics prize goes to sleuths of 'spooky' quantum science

Winners opened the way to powerful new quantum technologies; findings enabled work on quantum computers, encryption

Apple forced to change charger in Europe as EU approves overhaul

The new rules will make USB-C connectors used by Android-based devices the standard across the 27-nation bloc, forcing Apple to change its charging port for iPhones and other devices

Global stocks, bonds rally as investors spy possible central bank 'pivot'

A number of factors have helped douse some of the expectations for policymakers to deliver hefty rate hike after rate hike to quell inflation

Kremlin welcomes Musk's proposal for Ukraine settlement denounced by Kyiv

In a Twitter poll, the Tesla boss proposed Ukraine permanently cede Crimea to Russia, that new referendums be held under UN auspices to determine the fate of Russian-controlled territory

Indian refiners scout for oil deals ahead of EU ban on Russian crude:Report

Indian Oil Corp and Bharat Petroleum Corp are seeking term deals with countries, including the United States, industry sources said

Oil prices edge up ahead of OPEC+ meeting to discuss supply cuts

U.S. crude futures rose 46 cents, or 0.6%, to $84.09 a barrel, having gained more than 5% in the previous session.

Sri Lanka's central bank to hold rates as inflation worries persist

The CBSL has raised rates by a record 950 basis points this year to battle high inflation which is adding to the country's economic woes

India's weakening exports prompt slow trade deficit moderation: Barclays

India's large trade deficit is beginning to consolidate, but the weaker exports are prompting a more gradual adjustment than expected, Barclays Bank said in a note on Tuesday

Gold prices steady near 3-week high as low US bond yields offset pressure

Spot gold held its ground at $1,699.09 per ounce, as of 0341 GMT, having touched its highest since Sept. 14 at $1,702.39 earlier in the day.