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US official warns India, others against increasing Russian oil imports

A significant increase in Russian oil imports by India could expose New Delhi to a "great risk" as the US prepares to step up enforcement of sanctions against Moscow, a senior official said

Oil prices tumble over $5 a barrel as Biden weighs massive reserves release

Brent futures were down $4.71, or 4.2%, to $108.58 a barrel and U.S. West Texas Intermediate futures were down $5.45, or 5%, to $102.74 a barrel at 0035 GMT.

Euro rises vs dollar as eurozone inflation fans rate hike expectations

The dollar index, which measures the greenback against a basket of six peer currencies, was down 0.57% at 97.861 at 2:20 p.m. Eastern Daylight Time, having earlier touched its lowest level since March

Russia to keep gas contract currency unchanged in rouble switch: Report

President Vladimir Putin has said Russia, the world's top natural gas producer, will soon require "unfriendly" countries to pay for fuel in roubles, raising alarm about a possible gas crunch in Europe

Shanghai residents take to social media over lockdown, demand explanation

Shanghai's distribution of millions of self-administered antigen testing kits to detect cases quickly, which China only approved this month, has also sown some confusion and fear

US economic growth accelerates in Q4; corporate profits slow

For all of 2021, the economy grew 5.7%, the strongest since 1984, after the government provided nearly $6 trillion in pandemic relief

Find rubles if you want Russian gas, says Kremlin spokesperson

All of Russia's big exports could soon be only in rubles, Kremlin doubles down on stance

CCI conducts raids on offices of Apollo Tyres, Ceat, Continental

One of the sources said the case was related to an antitrust investigation into the use of unfair trade practices and rigging of bids while supplying tyres for public transport vehicles in Haryana

Ukraine missile hits Russian camp; new attacks near Kyiv, Chernihiv

The Kremlin on Wednesday also played down hopes of a breakthrough following peace talks between Russian and Ukrainian delegates in Istanbul a day earlier

India's SBI exploring new ways to resolve retail loan stress

SBI, which is India's largest lender by assets, had gross non-performing assets of 1,200 billion rupees at the end of December, representing 4.5% of its loan book

Google cuts racy results by 30% for searches like 'Latina teenager'

The Alphabet Inc unit has cut explicit results by 30% over the past year in searches for "latina teenager" and others related to ethnicity, sexual preference and gender

Europe told to turn down the heating in Russia gas standoff

"There is absolutely no need to apply this guidance in the UK," a government spokesperson said

Ukraine crisis: Biden, Zelensky discuss sanctions, aid, talks with Russia

The United States intends to give Ukraine $500 million in direct budgetary aid, Biden told his Ukrainian counterpart, according to a White House statement

India cuts coal supply, puts hold on auctions as inventories slump

Coal India told Reuters that its supplies to the non-power sector were in line with its average over the "past few years", without elaborating

Global markets in Q1: Invasion and inversion shake world order

This week has also seen a dreaded - albeit brief - "inversion" of a key bit of the US bond yield curve that has been a precursor of economic recessions

Russia to keep gas contract prices unchanged in rouble switch: Report

Moscow has yet to describe how it will go about the switch, which the Kremlin indicated on Wednesday could extend to Russia's other exports

Intel CEO earned 1,711 times more than average company worker in 2021

Intel has asked shareholders to vote in favor of its executives' compensation at the annual stockholder's meeting on May 12

Russia says Ukraine willing to meet core demands, but work continues

Russia's lead negotiator said on Russian television that Ukraine had said in writing it was willing to give up its ambition of joining NATO, adopt 'non-bloc' status

Gold prices rise on weaker dollar, caution on Russia-Ukraine talks

Spot silver XAG= and platinum XPT= both rose 0.5% to $24.86 per ounce and $987.39 respectively

World stocks lose steam, bond markets suggest pain ahead for US economy

Market players said the signals coming from bond markets were at odds with the mood in equity markets