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G7 finance officials endorse principles for central bank digital currencies

G7 finance officials on Wednesday endorsed 13 public policy principles for central bank digital currencies, saying such currencies should be grounded in transparency

G20 finance chiefs back global tax deal, pledge to sustain recovery

Finance leaders from the G20 major economies keeping a close eye on inflation

Wipro shares at record high on better-than-expected quarterly profit

Shares of India's Wipro Ltd surged as much as 7.6% to a record high on Thursday, a day after the IT services company logged a near 19% rise in quarterly consolidated net profit.

Stocks up, dollar squeezed as inflation pulls forward rate hike bets

Fed Funds futures pulled forward first hike from late in 2022 to almost fully price a 25 basis point hike by September, but pricing also suggests rates hovering around just 1.5% in five years' time

Dollar pauses after rallying to one-year high earlier in week

The dollar index, which measures the currency against six rivals, was about flat at 94.016, after dropping 0.53% on Wednesday, the most since Aug. 23.

Oil rises on expectation high natural gas to drive switch for heating

Brent crude futures gained 28 cents, or 0.3%, to $83.46 a barrel at 0107 GMT after falling 0.3% on Wednesday.

Tesla directors get softer support, shareholder proposal gains traction

In a securities filing Tesla said support for a shareholder resolution on how it handles arbitration matters rose to 46% of votes cast at its annual meeting, from 27% for a similar proposal in 2020

Oil eases on profit taking, demand jitters; stays near highest in years

Prices came under pressure early when China, the world's biggest crude importer, released data showing September imports fell 15% from a year earlier

Invesco says it facilitated tie-up talks between India's Reliance and Zee

"The role of Invesco, as Zee's single largest shareholder, was to help facilitate that potential (Reliance) transaction and nothing more," Invesco said

IMF chief says data-rigging scandal won't hamper IMF-World Bank cooperation

Georgieva, who was cleared of wrongdoing in the matter by the IMF's executive board on Monday, had sharply criticized a report prepared by law firm WilmerHale for the World Bank's board

Hyundai Motor aims to develop chips, cut reliance on chipmakers

A global shortage of semiconductors, triggered partly by surging demand for laptops and other electronic products during the pandemic, has shuttered some auto production lines globally this year

JPMorgan edges closer to leaving pandemic behind, its earnings show

JPMorgan's third-quarter profit was 24% higher than the same period last year

Fed lays out plan to reduce bond purchases, flags inflation worries

Policymakers discuss plan for 'gradual' cut in bond-buying

Volkswagen CEO Herbert Diess warns shift to EVs may cost 30K jobs

Volkswagen's Wolfsburg plant, the world's largest with over 50,000 employees, does not currently make EVs, but the company plans to produce an electric sedan there from 2026

Fed up with traffic jams? Flying taxis to take to the sky in mid-2020s

A taxi landing on top of your office may soon become reality, says UK's Vertical Aerospace

OPEC trims 2021 demand forecast but says gas price surge could help

Opec now expects oil demand to grow by 5.82 million barrels per day, down from 5.96 million bpd in its previous forecast

Members to reach $100-bn target for shifting reserves, says IMF chief

The IMF chief said the fund was putting in place measures to increase transparency about the use of any SDRs.

India's September fuel demand steady, rising oil prices cloud outlook

Fuel consumption, a proxy for oil demand, totalled 15.92 million tonnes last month, up slightly from August and 5.2% higher than in September 2020, data on PPAC website showed

Wall Street: Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow Jones

JPMorgan falls, BlackRock gains on strong Q3 earnings; Apple falls after report of lower iPhone production

India resumes Covid vaccine exports as domestic stocks build up: Officials

One million shots of Covaxin produced by Indian company Bharat Biotech were shipped to Iran last week