Page 936 - Reuters

As Beijing tightens Covid curbs, hard-hit Shanghai sees signs of life

The outbreak in Shanghai, which began in March, has been China's worst since the early months of the pandemic in 2020

EU leans towards ban on Russian oil imports by year-end, say diplomats

The European Union is preparing a sixth package of sanctions against Russia over the invasion just over two months ago of Ukraine

Abu Dhabi-Israel group to set up $3 bn chip making plant in Karnataka

ISMC is a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel's Tower Semiconductor

Ukraine says Russian strike knocks out Odesa airport

Russia has sporadically targetted Odesa, a Black Sea port, and a week ago, Ukraine said at least eight people were killed in a strike on the city

Berkshire meeting: Buffett defends investments and slams Wall Street

Buffett, 91, who is Berkshire's chairman and chief executive, and Vice Chairman Charlie Munger, 98, fielded questions in a downtown arena in Omaha, Nebraska

Turkey and Saudi Arabia to revive great economic potential, Erdogan says

Erdogan said the sides were determined to accelerate efforts for the common interests and stability of the region

Ukraine says Russia stole 'several hundred thousand tonnes' of grain

Ukraine's foreign ministry accused Russia on Thursday of stealing grain in territory it has occupied, an act it said increased the threat to global food security

Russia says risks of nuclear war must be kept to minimum

Vladimir Yermakov, the foreign ministry's head of nuclear non-proliferation, said all nuclear powers must stick to the logic laid out in official documents aimed at preventing nuclear war

Ukraine says Russia pounding Donbas, failing to take targets

The Russians were trying to capture the areas of Lyman in Donetsk and Sievierodonetsk and Popasna in Luhansk, the General Staff of Ukraine's Armed Forces said in a daily update

Vedanta says it's in talks to raise up to $3 bn debt in semiconductors push

The conglomerate is diversifying into chip manufacturing by forming a joint venture with Taiwan's Foxconn.

Power-hungry India halts passenger trains to free up track to move coal

Federal government-run Indian Railways has cancelled 753 passenger train services, the government said

Russian President Vladimir Putin looks to peg the ruble to gold

However, the governor of Russia's central bank, Elvira Nabiullina, told reporters the idea was "not being discussed in any way"

Elon Musk looks to rein in Twitter pay, make money from tweets

Musk has tweeted about eliminating the salaries of Twitter's board directors, which he said could result in about $3 million in cost savings

Apple sees bigger supply problems after strong start to year

Apple's overall second-quarter revenue was $97.3 billion

Dollar on track for best month since 2015

The dollar hit a 20-year high against the yen on Thursday, as the Japanese currency was hurt by dovish Bank of Japan policy

Ukraine says Russia taking 'colossal losses' in eastern battle

The body of a journalist from U.S.-backed broadcaster Radio Liberty was found in rubble in the Ukrainian capital, killed in a Russian missile attack during a visit by the U.N. secretary-general

Sri Lankan central bank says all creditors will be treated equally

Sri Lanka has already missed coupon repayments on some of its bonds and its bailout discussions with the IMF include a possible bridge loan, Governor Nandalal Weerasinghe said

Indian Sugar Mills Association director general resigns unexpectedly

Since Oct. 1, 2022, when the current sugar season began, Indian mills have signed contracts to export a record 8 million tonnes of the sweetener

Pandemic not over, US unlikely to eliminate Covid: Anthony Fauci

Health officials are instead hoping to get out of what he called the "acute pandemic phase" and reach a point where the virus can be controlled, Fauci said

US sees no threat of Russia using nuclear weapons despite rhetoric: Report

Russian Foreign Minister Sergei Lavrov said on Monday the West should not underestimate the elevated risks of nuclear conflict over Ukraine