Page 883 - Reuters

Google fined $260,000 for breaching data localisation rules: Report

Russia has issued multiple fines to US technology companies in recent years

Hyundai Motors working on compact, affordable electric car for India

Hyundai plans to invest in launch electric vehicles in India by 2028, making a clean energy drive in a country with some of the most polluted cities in the world

Investors dump shares on growth fears as Swiss, UK hike lending rates

While Swiss National Bank and UK's central bank increased their lending rates, global shares took a dive as investors began dumping shares based on recession fears.

January 6 committee probes Trump pressure on Pence to reject election

The House panel intends to show how Trump's false claims of a fraudulent election left him grasping for alternatives as courts turned back dozens of lawsuits challenging the vote

Elon Musk tells Twitter employees headcount will be rationalised

At a virtual meeting, he told Twitter staff he wants to raise the service's user numbers to at least a billion people and said advertising would remain important for the company

Gold steadies in choppy trade as US dollar dip counters rate hikes

Gold prices have turned stable as the Dollar has fallen countring the US Federal Reserve's rate hikes.

Investors brace for recession, more mkt turmoil after Fed's supersized hike

The S&P is down 22.2% year-to-date and is in a bear market

Wall St sinks as recession fears ripple through markets; Nasdaq down 3.85%

Growth stocks decline, banks also down; S&P 500 down 22.9% year-to-date

Oil prices rebound as new Iran sanctions fuel more supply concerns

The market had been lower earlier as interest rate hikes in the United States, Britain and Switzerland fed concerns about a slowdown in global economic growth.

World shares resume slide on growth fears as Swiss, UK hike rates

Stocks around the world keep falling amid Swiss and UK's respective central banks' lending rate hikes along with fears that these moves may drive markets into recession.

WTO provisionally agrees to extend e-commerce tariff moratorium: Report

The prospect of ending the moratorium, which has exempted data flows from cross-border tariffs since 1998, had raised major concerns among businesse

US weekly jobless claims fall modestly; housing starts hit 13-month low

Weekly jobless claims fall 3,000 to 229,000; continuing claims rise 3,000 to 1.31 mn

Central banks across the globe opt for shock and awe to tame inflation

The Federal Reserve has just delivered its biggest interest rate rise in over a quarter of a century and even the hitherto dovish Swiss National Bank has taken markets by surprise

Bank of England nudges rates up again, but says ready to act forcefully

BoE raises rates by another 25 basis points to 1.25%; hike is smaller than recent moves by other central banks

World shares lower as US rate hike relief rally fades over inflation fears

European benchmarks and US futures slipped after Tokyo and some other markets tracked Wall Street's gains of the day before

Ukraine conflict: European leaders visit Irpin in show of support

Standing by gutted, burnt-out buildings, Macron, Scholz, Draghi looked stern as they listened to a Ukrainian official explaining what had happened there

Glimmers of hope as WTO's global trade talks stretch into final day

Ministers from 100 countries are gathering at WTO's headquarters in Geneva this week to discuss international trade talks

Oil prices fall after US rate hike, but tight supply still in focus

Oil prices have taken a dive after US decided on an interest rate hike. The hike increased by the Fed Reserve by 2% overnight is the highest in more than a two and a half decades

Surprise rate hike lifts Swiss franc, sterling tumbles before BoE

As Swiss National Banking increased its policy interest rates, the franc took a jump against the US Dollar and Euro, which is a first in almost 15 years, say reports.

Gold eases on firmer dollar as investors digest rate hike by US Fed

Spot gold fell 0.3% to $1,827.60 per ounce by 0546 GMT. U.S. gold futures rose 0.6% to $1,830.60.