Page 919 - Reuters

Toyota to make EV parts in India for domestic, countries in ASEAN bloc

The carmaker plans to start by producing e-drives or electric powertrain parts used by different electric vehicle types, says executive.

Google paying more than 300 European publishers for news, will add more

By Foo Yun Chee

US consumer prices slow in April; inflation stays elevated at 8.3%

The consumer price index rose 0.3% last month, the smallest gain since last August, as Fed readies for more aggressive tightening

RBI likely to up inflation projection in June, mull more rate hikes: Report

The central bank raised the repo rate by 40 basis points to 4.40% following a emergency meeting earlier this month.

UN's Guterres 'deeply concerned' about risks of world hunger due to war

The war in Ukraine has sent global prices for grains, cooking oils, fuel and fertiliser soaring.

Google, Meta must find and remove online child porn, say EU draft rules

Companies that fail to comply with the rules face fines up to 6% of their annual income or global turnover.

UK signs security deal with Sweden and Finland marking 'steadfast support'

The two nations are expected to join NATO, but both are worried they would be vulnerable while their applications are processed.

Sebi proposes confidential 'pre-filing' of IPO documents to safeguard info

Sebi is seeking comments from the public on its new proposal by June 6

Collapsed stablecoin TerraUSD announces recovery plan, seeks outside funds

Stablecoins are digital tokens pegged to the value of traditional assets, such as the US dollar.

Morgan Stanley cuts India's growth forecasts on inflation, global slowdown

Gross domestic product growth will be 7.6% for FY23 and 6.7% for FY24, 30 basis points lower than the previous estimates, the brokerage said in a note

Coinbase new disclosure does not mean crypto firm risks bankruptcy: CEO

Coinbase would take further steps to ensure it offered protection for its retail customers, says Brian Armstrong.

Gold recovers as dollar, bond yields dip; US inflation data in focus

By Bharat Gautam

World shares hold up, Wall Street futures gain as US inflation data looms

Asian equities squeezed higher from near two-year lows and Wall Street futures also gained before the release of the keenly awaited datapoint

Oil prices rise amid looming European Union's ban on Russian supply

(Reuters) -Oil rebounded on Wednesday after plunging nearly 10% over the previous two sessions, buoyed by supply concerns as the European Union works on gaining support for a ban on Russian oil and as major producers warned they may struggle to fill the gap when demand improves.

Ukraine says Russia responsible for consequences after Europe gas flow ends

Ukraine said on Tuesday it would suspend the flow of gas through the Sokhranovka transit point.

Vedanta challenges Zambia's appointment of new Copper Mines liquidator

LUSAKA (Reuters) - Vedanta Resources has challenged Zambia's appointment of a new Provisional Liquidator for Konkola Copper Mines (KCM) following the resignation of the previous office holder.

China calls WHO chief 'irresponsible' for doubting zero-Covid strategy

China's uncompromising approach stands in contrast to most other parts of the world, where governments have chosen to live with the virus.

Dollar hovers near two-decade high ahead of Fed's inflation gauge

The dollar index, which measures the currency versus six rivals, was around flat at 103.92

Power crisis: Railways missed coal train provision targets for over a year

In April, state-run Indian Railways supplied 261 trains per day to Coal India for the power industry, the lowest in three months

As Black Sea supplies fall, India sells record 1.4 mn tonnes wheat in April

India is the only major supplier of wheat at this time of year, and its exports of the grain have surged since Russia invaded Ukraine in late February