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Wall Street rallies after Federal Reserve cuts interest rates 50 bps

Intuitive Machines soars after clinching NASA contract; Dow 0.40%, S&P 500 0.52%, Nasdaq 0.79%

Vistra acquires remaining stake worth $3.25 bn in subsidiary Vistra Vision

Vistra's shares have jumped nearly 137 per cent so far this year

Boeing furloughs thousands as it hunkers down for prolonged strike

A protracted labor battle could cost Boeing several billion dollars, further straining finances and threatening its credit rating

US Fed slashes interest rates by 50 bps for the first time since 2020

Policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, and another full percentage point in 2025

Fed policymakers see end-2024 policy rate at 4.4% as unemployment rises

The decision drew a dissent from Fed Governor Michelle Bowman, who wanted just a quarter-point cut

Asian stocks and dollar gain as Fed Reserve charts 'soft landing' path

Futures rose 0.6 per cent in the Asia day and Nasdaq futures were up 0.9 per cent

Hezbollah hand-held radios explode across Lebanon, 9 killed, 300 injured

Lebanon's health ministry said nine people had been killed and more than 300 injured, while the death toll from Tuesday's explosions rose to 12, including two children, with nearly 3,000 injured

NTPC Green Energy files draft papers to raise $1.2 billion through IPO

The company, a unit of power producer NTPC, will only issue new shares, and existing shareholders will not sell any stake, the draft papers showed

Google urges tribunal to scrap $9.3 bn UK lawsuit over search 'dominance'

The lawyers asked the Competition Appeal Tribunal to certify the case to proceed towards a trial, a very early step in any mass lawsuit. Google, however, says the case is seriously flawed

Traders demand stock release, say wheat curb insufficient to contain prices

But the curbs failed to bring down prices, which were trading at 28,416 rupees ($339.53) per metric ton in New Delhi, up from 24,000 rupees in April

Hezbollah and Hamas leaders who have been assassinated since Gaza war

Mohammed Nasser was killed in an Israeli airstrike on July 3. Israel claimed responsibility, saying he headed a unit responsible for firing from southwestern Lebanon at Israel

Russian insurance shores up oil exports to top buyer India, shows data

Over 60 per cent of Russia's seaborne oil exports go to India

EU court confirms Qualcomm's antitrust fine, with minor reduction

The chipmaker did not immediately reply to an emailed Reuters request for comment

Airlines suspend flights to avoid airspace as Middle East tensions rise

The Indian flag carrier suspended scheduled flights to and from Tel Aviv until further notice

India plans to keep buying cheap Russian oil, says Hardeep Singh Puri

European countries and Japanese businesses are buying from Russia, so India is not alone, he said

India's edible oil demand to increase despite hefty import duty hike

India is the world's largest importer and meets 70% of its vegetable oil demand through foreign sourcing

Vietnam's Communist Party chief Lam to meet Google, Meta in US next week

The US-ASEAN Business Council (USABC), which is one of the organisers of the Sept. 23 event, declined to share a list of participants

Boeing, striking union set to resume contract talks on Wednesday

Boeing and the U.S. Federal Mediation & Conciliation Service did not immediately respond to emails seeking comment outside normal business hours

With Fed's rate cut at hand today, debate swirls over how big a move

A half-percentage-point cut - now given more than a 60% probability in rate futures markets - would signal a commitment to sustaining the current economic expansion and the job growth

India overtakes China for first time ever in key MSCI equities index

India's weight in the MSCI investible large-, mid- and small-cap index has risen to 2.35 per cent, greater than China's weight of 2.24 per cent, Morgan Stanley said in a note on Tuesday