Page 896 - Reuters/umtmi

Canada's Shopify cuts 10% of workforce on slowing online orders

US-listed shares fell 14.7% to $31.29 after the company said it witnessed a pullback in online orders

Bangladesh seeks $4.5-billion IMF loan amid forex worries: Report

Known for its big garment-exporting industry, Bangladesh has sought the funds for its balance of payment and budgetary needs, as well as for efforts to deal with climate change

Elon Musk asks judge to start five-day Twitter trial on Oct 17

The chief judge on Delaware's Court of Chancery last week ordered an October trial, which promises to be one of the biggest Wall Street legal fights in years

India's June crude oil imports up 21% on demand recovery, Russian discounts

Fuel consumption in the world's third-biggest oil consumer also increased in June, and seemed to be heading back towards pre-pandemic levels.

Fed rate-path uncertainty, European gas crunch dominate currency markets

The U.S. Federal Reserve starts a two-day meeting later in the day and is expected to deliver a 75 basis-point interest rate rise.

Asia shares bounce on China property fund as Fed rate hike looms

FTSE futures edged up 0.15%. U.S. markets are likely to open lower, with E-mini futures for the S&P 500 index down 0.32%

Rupee weakens slightly, bonds yield little changed; Fed meet in focus

The Indian rupee weakened slightly against the dollar on Tuesday, while bond yields were little changed, as investors awaited the outcome of the US Federal Reserve's policy meeting

Asian stocks wobble on Walmart warning, looming US Fed rate hike

MSCI's broadest gauge of Asia stocks outside Japan meandered just above flat. Japan's Nikkei fell 0.2% and S&P 500 futures were down 0.4%

Global growth fears, Fed reserve rate hike keep US dollar propped up

The dollar wobbled around just below multi-decade peaks on Tuesday, as traders waited on a rate hike from the US Federal Reserve

Nasdaq falls with dollar, oil rises; earnings, Fed rate hike in focus

Nasdaq closed lower on Monday after a choppy session for US equities ahead of a big week of technology earnings reports while oil prices rose

Tesla raises spending plan, discloses new subpoena on Musk's 2018 tweet

The company now expects to spend between $6 billion and $8 billion this year and each of the next two years, up from its previous expenditure plan of $5 billion-$7 billion

Global gasoline cracks collapse, blow to refiners' profits: Report

Refiners will be forced to cut gasoline output to safeguard themselves against losses and switch to producing more profitable fuels, traders say

RBI 'correct' to use FX reserves to tackle rupee volatility: Econ adviser

The RBI is justified in using the country's foreign exchange reserves to smooth out volatility in the rupee's moves against the dollar, a member of the Economic Advisory Council said

Dow Jones rises at start of big earnings week, Microsoft drags Nasdaq

The S&P 500 was up 5.49 points, or 0.14%, at 3,967.12, while the Nasdaq Composite was down 26.93 points, or 0.23%, at 11,807.19

Oil extends losing streak on fears Fed hike will dampen fuel demand

Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in US interest rates would weaken fuel demand

India's bond yields fall as US peers dip; rupee strengthens slightly

Indian bond yields tracked a slide in their US peers and the rupee inched higher amid a modest rise in other Asian currencies

China Evergrande Group's CEO, CFO quit on $2-billion claim: Report

The indebted company was investigating how deposits worth 13.4 billion yuan belonging to the unit, Evergrande Property Services, were used as collateral for pledge guarantees and seized by banks

Ukraine works to resume grain exports, flags Russian strikes as risk

President Volodymyr Zelenskiy denounced Saturday's attack as "barbarism" that showed Moscow could not be trusted to implement a deal struck just one day earlier with Turkish and UN mediation

Domino's India may shift business away from Zomato, Swiggy amid CCI probe

Jubilant is India's largest food services company, with more than 1,600 branded restaurant outlets - including 1,567 Domino's and 28 Dunkin outlets

Ukraine, Russia sign deal to reopen grain export ports as war rages on

The blockade by Russia's Black Sea fleet has worsened global supply chain disruptions