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Reuters

Reuters

Reuters

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

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Page 275 - Reuters/workspace/business Standard Web/undefined

US antitrust case accusing Amazon of stifling competition to move forward

Last year, the FTC alleged Amazon.com, which has 1 billion items in its online superstore, was using an algorithm that pushed up prices US households paid by more than $1 billion

US antitrust case accusing Amazon of stifling competition to move forward
Updated On : 07 Oct 2024 | 11:40 PM IST

Nestle nominates former Amazon India exec Manish Tiwary as India MD

Tiwary, who was the country manager of Amazon India, was appointed as the Managing Director of Nestle India effective from August 1, 2025, according to a regulatory filing

Nestle nominates former Amazon India exec Manish Tiwary as India MD
Updated On : 07 Oct 2024 | 11:27 PM IST

'Trump's tax, spending plans would add twice as much debt as Harris'

That's the CRFB "central estimate" in a range of potential outcomes from ideas voiced by both candidates on the campaign trail

'Trump's tax, spending plans would add twice as much debt as Harris'
Updated On : 07 Oct 2024 | 11:08 PM IST

RBI instructs banks to stop making aggressive bets against rupee: Report

The central bank steps in occasionally to support the rupee via moral suasion and had last done something similar in early August

RBI instructs banks to stop making aggressive bets against rupee: Report
Updated On : 07 Oct 2024 | 11:02 PM IST

Hezbollah fires rockets at Haifa, Israel steps up bombings in south Lebanon

Iran-backed Hezbollah, an ally of Hamas, the Palestinian militant group fighting Israel in Gaza, said it targeted a military base south of Haifa with "Fadi 1" missiles

Hezbollah fires rockets at Haifa, Israel steps up bombings in south Lebanon
Updated On : 07 Oct 2024 | 10:59 PM IST

US casualty insurers' stocks slump as hurricane season brings losses

Insurers are expected to face catastrophe-related claims for billions of dollars from a devastating hurricane season

US casualty insurers' stocks slump as hurricane season brings losses
Updated On : 07 Oct 2024 | 10:41 PM IST

Crude oil prices extend gains on fears of wider West Asian conflict

The potential escalation of the conflict has countered mounting demand-side pressures, said Priyanka Sachdeva, analyst at Phillip Nova

Crude oil prices extend gains on fears of wider West Asian conflict
Updated On : 07 Oct 2024 | 10:23 PM IST

Fuel demand falls 1.6% in Sep, consumption at 17.92 mn metric tonnes

Consumption of fuel, a proxy for oil demand, totalled 17.92 million metric tons in September versus 18.41 million metric tons in August, the data showed

Fuel demand falls 1.6% in Sep, consumption at 17.92 mn metric tonnes
Updated On : 07 Oct 2024 | 6:30 PM IST

German property market grows but industry cautious on slow economic rebound

Germany has so far been Europe's hardest hit in a real estate rout that has also struck China and the United States

German property market grows but industry cautious on slow economic rebound
Updated On : 07 Oct 2024 | 5:44 PM IST

Debt burden threatens poor countries' development goals: UN official

World Bank President Ajay Banga, speaking at the same event, said official and multilateral lenders would not be able to provide the $4 trillion needed to reach the goals without help

Debt burden threatens poor countries' development goals: UN official
Updated On : 07 Oct 2024 | 5:34 PM IST

Hezbollah strikes Israel on Gaza war anniversary; fears grow over Mideast

Hezbollah said it targeted areas north of Haifa with missiles in a second assault later on Monday

Hezbollah strikes Israel on Gaza war anniversary; fears grow over Mideast
Updated On : 07 Oct 2024 | 5:31 PM IST

Oil giant Chevron sells assets worth $6.5 bn to Canadian Natural Resources

The all-cash transaction, which is expected to close in the fourth quarter, is a part of its strategy to divest $10 billion to $15 billion of assets by 2028

Oil giant Chevron sells assets worth $6.5 bn to Canadian Natural Resources
Updated On : 07 Oct 2024 | 5:20 PM IST

Russian missile strike damaged vessel carrying grain in port, says Ukraine

The ministry said this was the 20th civilian vessel to be damaged by Russian attacks

Russian missile strike damaged vessel carrying grain in port, says Ukraine
Updated On : 07 Oct 2024 | 5:14 PM IST

RBI to be less hawkish at October policy, says DBS Bank economist

Meanwhile, the recent escalation in tensions in the Middle East is being watched, Rao said, but they are unlikely to impact foreign investments into Indian government bonds

RBI to be less hawkish at October policy, says DBS Bank economist
Updated On : 07 Oct 2024 | 4:47 PM IST

US benchmark 10-year Treasury yield rise to 4%, keeps equity bulls in check

Markets slashed bets on a 50-basis-point rate cut at the Federal Reserve's next policy announcement on Nov. 7 - which had been above 50 per cent a week ago

US benchmark 10-year Treasury yield rise to 4%, keeps equity bulls in check
Updated On : 07 Oct 2024 | 4:42 PM IST

Rupee remains unchanged as RBI's firm grip on currency limit losses

The rupee closed at 83.9775 against the US dollar, little changed from its previous close of 83.9725

Rupee remains unchanged as RBI's firm grip on currency limit losses
Updated On : 07 Oct 2024 | 4:32 PM IST

Ukraine grain exports reach 11.2 MT so far this year, says Kyiv

The volume included 6.5 million tons of wheat, almost 3 million tons of corn and more than 1.4 million tons of barley

Ukraine grain exports reach 11.2 MT so far this year, says Kyiv
Updated On : 07 Oct 2024 | 4:14 PM IST

Russian hypersonic missile hit 'area of' major air base, says Ukraine

Missile debris also fell onto an open area in the central Shevchenkivskyi district and damaged the roof of a car in the southern Kyiv district of Holosiivskyi

Russian hypersonic missile hit 'area of' major air base, says Ukraine
Updated On : 07 Oct 2024 | 4:14 PM IST

At least five people die from suspected heat stroke at IAF event in Chennai

The air show to celebrate air force's 92nd anniversary was organised at iconic Marina Beach - among world's longest beaches - on a day when maximum temperature touched 35 degrees Celsius

At least five people die from suspected heat stroke at IAF event in Chennai
Updated On : 07 Oct 2024 | 3:40 PM IST

Activist investor Starboard Value acquires $1 billion stake in Pfizer

Read served as CEO until Albert Bourla took the position in 2019. Bourla was instrumental in working with BioNTech to develop a COVID-19 vaccine

Activist investor Starboard Value acquires $1 billion stake in Pfizer
Updated On : 07 Oct 2024 | 3:29 PM IST