Page 64 - Reuters

Oil prices edge higher after Israeli strikes on Hamas leaders in Qatar

Brent crude futures settled 37 cents, or 0.6 per cent, higher at $66.39 a barrel, while US West Texas Intermediate crude futures also climbed 37 cents, or 0.6 per cent, to close at $62.63 a barrel

France's Macron names loyalist Sebastien Lecornu as new Prime Minister

Macron was forced to appoint a fifth prime minister in less than two years after parliament ousted Francois Bayrou nine months into the role over his plans for taming the country's ballooning debt

Ahead of IPO, Urban Company mobilises ₹854 cr from anchor investors

As per the circular, the company has allocated 8.29 crore equity shares at Rs 103 per apiece to anchor investors comprising 59 funds. This takes the fundraising to Rs 854 crore

Anglo American, Teck Resources to merge in second-largest mining deal ever

Under the proposed deal, which will require regulatory approvals, Anglo American shareholders would own 62.4% of new company Anglo Teck, while shareholders in Teck would hold 37.6%

Crude oil rises on modest Opec+ output hike, Russia supply concern

Brent crude rose 47 cents, or 0.7%, to $66.49 a barrel by 0910 GMT, while U.S. West Texas Intermediate crude climbed 72 cents, or 1.2%, to $62.98

Sebi expedites IPO approvals as it looks to ease regulations: Report

Sebi is using artificial intelligence to scan documents for shortcomings and engaging with merchant bankers to speed up clarifications needed, the regulatory sources said

India's consumer inflation likely rose in Aug, ending 9-month decline: Poll

Consumer inflation, as measured by the annual change in the Consumer Price Index (CPI), rose to 2.10 per cent in August from 1.55 per cent in July

India tests alternate EV motors as China tightens rare earth exports

Seven Indian automakers are reviewing the motors, and if cleared, production could begin within a year, well ahead of an initial 2029 target

Apple event may lack sparkle, but rumored iPhone Air could drive upgrades

Apple would need to iron out how to pack batteries and cameras into a thinner device, analysts said, and seek to price it between the base iPhone 17 models and more expensive Pro models

India's August fuel demand declines to 11-month low, shows govt data

India is the world's third-largest consumer and importer of oil. The data is a proxy for the country's oil demand

Wall Street gains as markets bet on Sep rate cut; Nasdaq hits record high

Investors are expecting multiple rate cuts this year after a troubling nonfarm payrolls report on Friday confirmed a weakening U.S. job market

Tesla market share in US drops to lowest since 2017 as competition heats up

The decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry

EchoStar sells spectrum licences to SpaceX for $17 bn to resolve FCC probe

The news sent shares of the satellite communications provider surging nearly 22% in premarket trading

Flood-hit India, Pakistan face rising basmati prices amid crop losses

India and Pakistan exclusively grow aromatic basmati rice, which sells for nearly twice the price of regular varieties and is primarily imported by Britain, the Middle East, and the United States

Donald Trump asks US Supreme Court to let it withhold foreign aid

The money at issue in the case was intended by Congress for foreign aid, United Nations peace-keeping operations and democracy-promotion efforts overseas

Gold hits new peak above $3,600 per oz as traders weigh Fed rate-cut bets

Spot gold rose 0.9% to $3,617.79 per ounce at 1209 GMT after hitting a record high of $3,622.07 earlier in the session

Volkswagen in advanced talks with US for investment deal amid tariff woes

Chief Executive Oliver Blume hoped for a quick solution "because we need to take decisions right now for localising our business there," he said

Russia's spot crude oil supply normal, says Indian Oil's Anuj Jain

Loading of Russian oil for India in August nearly halved to 686,850 barrels per day from about 1.34 million bpd in July, according to LSEG trade flows

India revokes grid access for 17 GW of clean energy projects, says source

The state-run Central Transmission Utility of India Ltd (CTUIL) informed companies including Adani Green Energy, ReNew Power, NTPC, Avaada Group, JSW Energy, and ACME Solar

Fed rate cut optimism lifts sentiment, yen falls amid political uncertainty

Much of the focus last week was on elevated long-end bond yields across the globe as investors fretted about the state of various countries' finances from Britain and France to Japan