Page 9 - Reuters

Oil prices dip but head for weekly gains amid West Asia supply concerns

The International Energy Agency agreed to release over 20 million barrels of diesel to the market and any oil remaining from a record release of emergency reserves pledged in March to boost supply

Trump says he is talking to Russia and China about denuclearisation

Russia has the most stored nuclear ‌warheads followed by the United ​States and China, ​according to the Stockholm International Peace Research Institute

Netflix names ex-Disney executive Rice as content chief as Bajaria departs

Rice will ‌oversee Netflix's content strategy ​from October 26, including ​series, films and live events across regions

Govt raises petrol export duty to ₹2.5/litre, cuts diesel duty to ₹8.5

The export duties ‌are currently reviewed every fortnight and adjusted in line ‌with movements ​in international crude ​oil and petroleum product prices

AstraZeneca strikes $40 million AI drug discovery deal with Insitro

The multi-year partnership will target severe liver and heart conditions, with insitro eligible for up to $1.46 billion in development and commercial milestone payments

Bank deposits hit record $3 trillion, boosted by dollar deposits scheme

India's banking system deposits reached a record ₹284 trillion in September, aided by the RBI's discounted dollar swap scheme, which attracted around $133 billion in inflows.

RBI has spent half of $140 bn FX capital to defend rupee, bankers estimate

RBI has deployed an estimated $75 bn-$80 bn through spot dollar sales and currency swaps since June, as high oil prices, rising US Treasury yields and foreign equity outflows weigh on the rupee

Asian stocks slide as US inflation stokes rate fears; Kospi plunges 8%

South Korea's Kospi led losses across Asia, while the Nikkei fell 4.8%, as hotter-than-expected US inflation weighed on rate-cut hopes and renewed pressure on technology and AI-linked stocks

Oil prices fall as US weighs easing sanctions on West Asian crude supply

Oil prices retreat after WTI hit a 3-week high, as attacks on shipping near Hormuz raise supply concerns while Washington weighs easing sanctions on vessels to curb petroleum transport costs

Space startups secure record $20.8 bn funding as infrastructure bets surge

The report, released on Wednesday, also showed a record 216 deals were completed during the quarter, up from 140 in the second quarter

Govt to roll out data centre policy as concerns grow over power use

The move follows protests by residents in cities such as Mumbai and Visakhapatnam against data centres planned by Amazon and Google over concerns including water and electricity use

Massive oil, gas and mineral exploration to begin in Greenland: Trump

However, Trump did not share details about the ‌exploration plans in Greenland

Asian stocks rise as chipmakers rebound ahead of US inflation data

Among ​firms in the AI supply chain, chipmakers Samsung Electronics and SK Hynix rose more than 2% in ‌South Korea while Kioxia was steady in Japan

Oil prices rise as traders weigh Saudi supply risk, Russian diesel flow

Brent crude ​futures rose 89 cents, or 0.8%, to $106.58 a barrel by 0030 GMT, ‌while US West Texas Intermediate crude futures gained 80 cents, or 0.9%, to $94.94

OpenAI employee arrested for planting hidden recording device in office

Saudi national Abdulrahman Alfozan, 35, was arrested after allegedly hiding a recording device in an OpenAI executive conference room to capture sensitive discussions

Trump says he does not believe China and Russia are helping Iran at all

Trump says Moscow and Beijing have too much to lose by helping Tehran, amid reports of possible Russian targeting support and Chinese assistance during the Iran war

Wall Street banks see deals slow on market jitters, but pipeline is strong

Market volatility slowed dealmaking at major US banks in September, but executives said pipelines remained strong and borrowers resilient, while equity trading revenue rose

India may need to raise coal power capacity as demand surges: CEA chief

India had planned last year ‌to add 97 GW of coal power capacity to reach 307 GW by 2035 and currently has about 230 GW of capacity

Why Mumbai airport and airlines are at odds over proposed flight cuts

Mumbai International Airport Ltd (MIAL), run by Adani Airport ​Holdings, plans to start rebuilding the north section of Terminal 1B in January 2027

NTPC in talks with Japan, South Korea, Germany for sale of green fuel

India has outlined plans to become a major green hydrogen producer, even as developers worldwide have struggled to secure the long-term offtake agreements required to underpin large-scale investments