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Evergrande misses bond coupon payments, intensifying contagion fears

Some bondholders said they did not receive coupon payments totalling $148 million on Evergrande's April 2022, April 2023 and April 2024 notes due by 0400 GMT on Tuesday

Oil slips, takes breather after gains driven by global energy crisis

Oil prices edged lower on Tuesday, dropping for the first time in four days in what analysts called a breather after weeks of gains

Samsung's Jay Y Lee set to stand trial for alleged unlawful use of sedative

Lee is having to refocus on his legal troubles, with the Seoul Central District Court scheduled to hold its first hearing of a case in which Lee is suspected of receiving propofol

Poor countries' debt rose 12% to record $860 bn in 2020: World Bank

The World Bank has called for urgent efforts to reduce debt levels

Instagram testing feature to notify users of outage or issue inside app

Instagram said it is testing a feature to notify users of outages or technical issues directly on the photo-sharing app, days after two outages disrupted the social media giant's services

US shares drop as soaring oil prices stir inflation woes; Yen wilts

A rally in basic material and energy shares on higher oil prices initially lifted major U.S. stock indices

IMF executive board to back Georgieva in data-fixing scandal: Report

The board will issue a statement of support for Georgieva after a thorough review of allegations

Growth is biggest challenge for emerging economies: World Bank economist

"With growth comes jobs, with growth and jobs comes recovery."

Oil prices settle up 1.5%; hits multi-year highs on surging demand

Oil prices jumped on Monday to the highest levels in years, fuelled by rebounding global demand that has contributed to power and gas shortages in key economies like China

Facebook's oversight board to meet with whistleblower Frances Haugen

Facebook Inc's oversight board, said on Monday it would meet with former employee and whistleblower Frances Haugen in the coming weeks

Adani Ports to stop handling containers from Iran, Pak, Afghanistan

The decision comes weeks after Indian officials seized nearly three tonnes of heroin originating from Afghanistan worth an estimated Rs 20,000 crore

Brent crude trades near $85-mark; experts expect further rise

"Oil prices are likely to continue climbing in the short term," said Commerzbank analyst Carsten Fritsch

Surging oil prices lift material, energy stocks on Wall Street

US crude jumped 2.28% to $81.16 per barrel, a level not seen since late 2014, and Brent rallied 1.9% to $83.98

Crude oil jumps to multi-year highs on global energy crunch

Brent crude was up $1.45, or 1.8%, at $83.84 a barrel by 1336 GMT, its highest since October 2018

Oil drives Indian rupee lower, 10-year yield to 18-month high

India imports 80% of its oil needs and high prices result in increased imported inflation and have a spiralling impact on the prices across other sectors.

Indian Oil defers maintenance shutdown of units at Haldia: Report

Haldia refinery has two crude and vacuum distillation units.

Crude jumps on global energy crunch; US oil at 7-year high

Prices have risen as more vaccinated populations are brought out of coronavirus lockdowns, supporting a revival of economic activity

Govt says volatile crude oil prices pose concerns for the economy

Volatility in the prices of crude oil, edible oils and metal products pose concerns for India's economy, though inflation is expected to ease in coming months, a government report said on Monday

Piyush Goyal to meet Chinese counterpart on Tuesday at G-20 summit

NEW DELHI (Reuters) - India's Trade Minister Piyush Goyal will have a one-on-one meeting with his Chinese counterpart on Tuesday at the G-20 summit in Italy, the government said in a statement.

Oil gains amid supply restraint, rising energy demand; WTI tops $80

Oil prices rose on Monday, extending multiweek gains as economies try to recover from the coronavirus pandemic