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Global stocks sweat out election nailbiter; safe-haven bonds get bid

Investors had initially wagered that a possible Democratic sweep by Biden could ease political risk while promising a huge boost to fiscal stimulus

GAIL India issues tender to buy and sell LNG cargoes: Report

GAIL India has issued a tender offering two liquefied natural gas cargoes for loading in the United States and is seeking two cargoes for delivery into India, two industry sources said

Gold dips on dollar bounce as investors see US election race tighten

Gold fell as the dollar strengthened after US President Donald Trump grabbed an early lead in the key state of Florida

Oct services activity at 54.1, grows for first time in 8 months: PMI

It was the highest reading since February and comfortably above the 50-mark separating growth from contraction

Oil climbs as US stockpiles shrink, election uncertainty looms over market

West Texas Intermediate was up 71 cents, or 1.9%, at $38.37 a barrel by 0157 GMT, having gained more than $1 earlier in the day

Wall Street rallies with US Election Day underway; Dow Jones rises over 2%

The S&P 500 was up 57.67 points, or 1.74%, at 3,367.91, and the Nasdaq Composite was up 171.87 points, or 1.57%, at 11,129.49

Oil prices rise 2% but traders brace for wild ride on US Election Day

Brent futures rose 84 cents, or 2.2 per cent, to $39.81 a barrel by 1:58 p.m.

Walmart lays off robots deployed in 500 stores, lets humans do the work

The retailer said Monday it has ended its relationship with startup Bossa Nova Robotics, which builds roving robots equipped with cameras for identifying out-of-stock and misplaced products

RBI looking to diversify investment options for forex reserves: Report

The RBI is likely to increase its gold investments, as well buying dollars and exploring investing in AAA-rated corporate bonds for the first time

Pakistan's annual inflation rises 8.9% in October: Bureau of Statistics

Increases in the prices of fruits, vegetables, eggs, pulses, fresh milk and chicken underpinned the latest rise in the consumer price index, the bureau said.

US Presidential elections: Biden, Trump gird up for possible court battle

Trump, who is trailing in national opinion polls, has continued to lob unfounded attacks at mail-in ballots, suggesting he would deploy lawyers if states are still counting votes after Election Day

Wall Street set to jump on Joe Biden victory bets, stimulus hopes

Democrats are also favored to emerge from 14 hotly contested US Senate races with full control of Congress in Tuesday's election

Trump gains ground overnight in UK betting markets, Biden still favourite

US President Donald Trump's chances of re-election gained sharply overnight in online betting markets as Americans head to the polls on Tuesday, according to Betfair Exchange

Shanghai stock exchange suspends Ant Group's A-share IPO on its STAR Market

Ant was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion, including the greenshoe option of the domestic leg, in a record public sale of shares

World shares rise, dollar sinks as investors bet on clear Biden poll win

Growth-sensitive cyclical sectors such as oil and gas, miners and banks once again led the rally - all rising between 2-3.5%

Biden term can mean better gas mileage, cheaper drugs, less doom scrolling

If Joe Biden wins the race for the US president, his promises to change Corporate America range from more strict regulation on auto emissions to helping lower prices for prescription medicine

Second Trump term can mean low regulation, more trade wars, high TV ratings

If US President Donald Trump secures a second term in the White House, look for an auto emissions battle with California, a bid to downsize Big Tech and more strong audience ratings for cable news

Saudi Aramco's third-quarter profit falls 44.6% to 44.21 billion riyals

Saudi Arabian state oil group Aramco reported a 44.6% drop in third-quarter net profit, in line with analysts' estimates

India's GSPL says new pipeline to boost FY22 gas supply by a quarter

Gas transmission by India's Gujarat State Petronet Ltd will rise by about a quarter in the next fiscal year starting from April as it links northern regions to an existing grid in the western state

PayPal tops estimates amid surge in online shopping but outlook disappoints

For the fourth quarter, PayPal expects adjusted profit to grow in a range of 17% to 18%, below analysts' estimated growth of about 24%,