Page 1092 - Reuters/workspace/business Standard Web/undefined

India gets below-average monsoon rains for second straight week: IMD

Poor rain could lead to lower crop yields this year, especially in crops like soybean, cotton and pulses: Expert

US lawmakers introduce bill to rein in Apple, Google app stores

The bill won praise from Spotify, Epic and Tile. Tile, which makes tags to find lost objects, complained earlier this year about Apple launching a rival product

Indian shares rise on energy gains; investors focus on inflation data

Indian shares opened slightly higher on Thursday, driven by energy shares, with investors eyeing domestic retail inflation data for July due later in the day.

Asian shares fall as Delta variant fears eclipse Wall Street uptick

That data also caused dollar to retreat against most major currencies and U.S. Treasury yields to edge down overnight though both were steadier in Asian hours

China investors turn to renewables, chips, to avoid regulators' attention

China indexes of clean energy stocks and semiconductor firms are up more than 30% compared with a 5% fall in the broader market and a 15% drop in Hong Kong tech shares

Oil prices steady after US call for more oil raises supply concerns

By Jessica Jaganathan

Global stocks hit record highs as Federal Reserve's tapering concerns ease

Global shares hit record highs Wednesday after data showed US consumer price increases slowed in July, easing concerns that the Federal Reserve will imminently signal a scaling back of bond purchases

Heathrow reports busiest month since March 2020 as travel recovery begins

Heathrow also called on Britain and the US to reach an agreement to allow Britons to travel to the US

Cryptocurrency platform loses estimated $600 million in cyberheist

The heist appears to be one of the biggest ever in cryptocurrency markets

Taliban could take Afghanistan capital in 90 days: US intelligence

The Taliban now control 65% of Afghanistan

Oil rebounds after White House says not calling for US output hike

Oil gained Wednesday, changing course after Biden administration said it would not call on US producers to increase crude output, and that efforts to increase OPEC production were a longer-range plan

Hackers return $260 million to cryptocurrency platform after massive theft

Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of about $600 million in digital coins they stole, blockchain researchers said

US lawmakers introduce bill to rein in Apple, Google app stores

A bipartisan trio of senators introduced a bill that would rein in app stores of companies they said exert too much market control, including Apple Inc and Alphabet Inc's Google

US consumer price increases slowed in July, inflation still high

The consumer price index increased 0.5% from June and 5.4% from a year ago, according to Labor Department data released Wednesday

United States inflation data looms as stocks hover near record highs

In Europe, the STOXX index of leading companies hit a new peak for an eighth consecutive session

India in talks to buy 50 mn doses of Pfizer Covid vaccine: Report

The drugmaker has not yet sought permission for use of its vaccine in India.

Oil prices hold above $70 as United States demand eases Delta fears

Brent crude fell 9 cents, or 0.1%, to $70.54 a barrel at 0915 GMT, following a 2.3% rally on Tuesday

United States Senate narrowly approves $3.5 trillion spending plan

Republicans have railed against the spending plan

Gold firms but taper bets outweigh impact of coronavirus surge

Spot gold was up 0.2% at $1,732.50 per ounce by 0919 GMT

China vehicle sales tumble amid Covid-19, semiconductor shortage

China's vehicle sales slid in July for a third consecutive month, hit hard by flooding in some areas of the country, Covid-19 outbreaks in other areas and the global shortage of semiconductors