Page 1016 - Reuters/workspace/business Standard Web/video

Wall Street ends lower as taper acceleration worries pile onto virus angst

The Dow Jones Industrial Average fell 652.22 points, or 1.86%, to 34,483.72

WHO warns against blanket travel bans over Omicron coronavirus variant

Blanket travel bans will not prevent the international spread, and they place a heavy burden on lives and livelihoods, it said

US eyes January rollout of first projects to counter China's Belt and Road

A US delegation led by President Joe Biden's deputy national security adviser, Daleep Singh, identified at least 10 promising projects in Senegal and Ghana

China will advance development of digital yuan, central bank gov says

China will continue to advance the development of its central bank digital currency and improve its design, the People's Bank of China governor Yi Gang said on Tuesday

Swiss prosecutors set to drop criminal probe of VW emissions scandal

Swiss federal prosecutors are set to drop a nearly five-year criminal investigation into Volkswagen's diesel emissions scandal after concluding they did not have a strong enough case to file charges

Oil approaches $84 as lifting of US travel ban boosts demand

By Alex Lawler

Euro/dollar treads water as traders wait for more clues on rates

The euro held steady against the dollar on Tuesday and most currency pairs were stuck as traders waited for U.S. inflation data later in the week and more speeches from central bank governors

China developer Kaisa pleads for help, 'patience' as sector's debt mount

Kaisa Group Holdings needs help to pay investors, workers and suppliers, developer told a meeting of a Chinese government think-tank, banks and property firms, according to a source.

Nissan raises profit outlook as sales rebound from pandemic slump

Nissan on Tuesday raised its full-year operating profit outlook by 20% as sales rebounded from a pandemic slump and tight supplies of vehicles allowed it to lower incentive payments and boost margins

SoftBank Group shares jump 10% on $9 billion buyback announcement

The buyback is SoftBank's second largest after a record 2.5 trillion yen buyback launched during the depths of the COVID-19 pandemic last year

Dollar wavering with inflation looming as next test for rates

The data due on Wednesday is expected to show U.S. consumer prices galloped and Chinese factory gate prices soared in October

Gold lingers near 2-month high as focus turns to US inflation data

Spot gold was little changed at $1,824.15 per ounce by 0624 GMT, about $3 shy off a two-month peak scaled earlier in the session. U.S. gold futures were flat at $1,828.10

Oil steady amid rosier outlook for global economy, strong fuel demand

Brent crude was down 2 cents at $83.41 a barrel by 0735 GMT, after gaining 0.8% on Monday

HSBC explores India private banking re-entry 6 years after calling it quits

HSBC exited the Indian private banking business in 2015 as part of a group strategy. The lucrative but very competitive Indian market has few foreign players

Bitcoin breaks past $68,000, ether nears $5,000 as flows surge in crypto

Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class.

PayPal profit rises above estimates in Q3 as more people shop online

Net revenue in the third quarter rose over 13% to $6.18 billion.

Bitcoin inflows hit record high so far in 2021: CoinShares data

Bitcoin inflows totalled $95 million last week, representing the largest inflows of all digital assets

French prosecutors widen investigation into Sanjeev Gupta's GFG group

The investigation was launched in July after suspicious activities were reported by public officials

Glasgow COP26: Republicans, China, Russia hurt progress, says Obama

Obama said the Paris agreement he helped to broker had created a framework to tackle climate change

Global Covid cases hit 250 mn, eastern Europe infections at record levels

The virus is still infecting 50 million people worldwide every 90 days due to the highly transmissible Delta variant