Page 889 - Reuters

Amul urges Modi to delay plastic straw ban, cites impact on dairy farmers

The decision has spooked Amul and global drinks majors including PepsiCo Inc and Coca-Cola, especially after the government declined to change its stance

India considers curbing fridge imports to boost local industry: Report

Sources say the government is considering mandating that importers seek a licence from the authorities, replacing the existing free-import regime

Gold subdued as US Treasury yields stay firm; ECB, Fed verdict in focus

Spot gold was down 0.3% at $1,847.90 per ounce as of 0956 GMT and US gold futures had declined 0.3% to $1,850.50.

Charting course out of stimulus, ECB to signal rate hikes to curb inflation

With inflation at a record-high 8.1% and broadening quickly, the ECB has already flagged a series of moves, hoping to stop rapid price growth from morphing into a hard-to-break wage-price spiral.

Oil sticks near three-month highs despite new Covid lockdowns in Shanghai

Brent crude futures for August dipped 9 cents to $123.49 a barrel at 0853 GMT, while US West Texas Intermediate crude for July was at $121.89 a barrel, down 22 cents.

Millions could starve due to Russia's blockade of Ukrainian ports: Zelensky

Millions of people may starve if the Russian blockade of the Black Sea continues," he said

Oil extends gains on robust US demand, China optimism as Covid cases dip

The United States posted a record fall in strategic crude reserves even as commercial stocks rose last week, data from the Energy Information Administration (EIA) showed on Wednesday

Crop-nourishing monsoon rains likely to pick up steam by mid-June: IMD

"As per our extended range forecast, rainfall activity is likely to increase by June 15," Mrutyunjay Mohapatra, director general of the IMD, told Reuters in an interview

Twitter plans to have shareholder vote by August on sale to Elon Musk

Musk's lawyers warned Twitter on Monday that he might walk away from the acquisition if the company fails to provide the data he seeks on spam and fake accounts

Russia pushes Ukraine forces to key city's outskirts after fierce assault

Russia has concentrated its troops and firepower on the small eastern city in recent weeks to secure the surrounding province on behalf of separatist proxies

OECD slashes growth outlook, but sees limited stagflation risk

Says world economy to grow 3% this year, much less than the 4.5% expected earlier

Brothers at odds, but ruling family still holds key to Lanka's future

Despite the president's order, the demonstrations against inflation, power blackouts and shortages of essentials turned deadly

Twitter plans shareholder vote by August on $44-bn sale to Elon Musk

Musk's lawyers warned Twitter on Monday that he might walk away from the acquisition if the company fails to provide the data he seeks on spam and fake accounts

Wall Street falls as Amazon, chipmakers weigh; Dow falls over 200 pts

Chip stocks tumble after Citi sounds alarm on Intel; the energy sector was among the few gainers with a rise of 0.8%, thanks to a jump in Brent crude prices to above $123 a barrel

Oil jumps to 13-week high on rising US gasoline demand, supply concerns

US gasoline stocks fell despite sky-high pump prices. Analysts had expected gasoline stocks to rise 1.1 million barrel but this was not the case

Spotify expects to reach $100 bn in revenue in 10 years; shares rise 5%

The company said it has committed more than $1 billion on podcasting and expects podcast revenue to increase materially this year from the $215 million it made last year

US SEC chief Gensler unveils plan to overhaul Wall Street stock trading

The plan, unveiled by US Securities and Exchange Commission chair Gary Gensler, would require trading firms to directly compete to execute trades from retail investors to boost competition

Oil jumps to 13-week high on rising US gasoline demand, supply concerns

By Scott DiSavino

Twitter plans to provide Elon Musk with data on bots, says report

The social media company will provide Musk with access to a stream of data comprising more than 500 million tweets posted every day, the Washington Post reported

Global shares waver as sentiment ebbs on rate fears, yields rise

By Herbert Lash