Page 1031 - Reuters/workspace/business Standard Web/video

G7 finance officials endorse principles for central bank digital currencies

G7 finance officials on Wednesday endorsed 13 public policy principles for central bank digital currencies, saying such currencies should be grounded in transparency

Energy crisis threatens global economic recovery, says IEA

Oil and natural gas prices have soared to multi-year highs recently, sending power prices surging to record levels as widespread energy shortages engulf Asia and Europe

'Fake it until you make it': 5G marketing outpaces service reality

The latest generation wireless technology is actually only available less than a third of the time in the best served states, new data shows

Johnson & Johnson offloads talc liabilities into newly created subsidiary

J&J put the talc claims into an entity called LTL Management LLC, which filed for bankruptcy protection on Thursday

US banks beat profit estimates on economic rebound, deals bonanza

JPMorgan Chase & Co, Citigroup, Wells Fargo & Co and Bank of America Corp reported a combined profit of $28.7 billion for the third quarter, beating analyst estimates

Wall Street ends up sharply as earnings, economic data lift optimism

The Dow Jones Industrial Average rose 532.21 points, or 1.55%, to 34,910.02

Boeing uncovers another defect on 787 Dreamliner: Report

The company did not name the supplier, nor did it identify the part, although a report said the defect involved certain titanium parts that are weaker than they should be

Pakistan airline suspends Afghan ops citing Taliban interference

The suspension took place as the Taliban government ordered the airline, the only international carrier operating regularly out of the Afghan capital, to cut ticket prices

US Senator Warren seeks Amazon breakup after India rigging reports

Warren, a long-time critic of Amazon, said "these documents show what we feared about Amazon's monopoly power" that the company is willing and able to rig its platform to benefit its bottom line

Coal India halts supply to non-power users, hitting industry

India is the world's second largest coal producer, with the world's fourth largest reserves

India's Sept trade deficit widens to record $22.6 bn

India's merchandise exports rose $33.8 billion for the month from $27.56 billion in the same period last year

Coal India temporarily halts supply to non-power customers: Report

Coal India Ltd, the world's biggest miner, has temporarily stopped supplies to non-power users, a company official said, as India battles one of its worst power supply deficits in years

India on course for open access in its markets: RBI deputy governor

RBI deputy governor T Rabi Sankar said there was an effort to liberalize foreign portfolio investor flows into Indian debt further with the introduction of the Fully Accessible Route

CAIT wants govt probe into Amazon after report on its India malpractices

The Reuters report found that Amazon ran a systematic campaign of creating knockoffs and manipulating search results to boost its own private brands in India

India's Sep WPI inflation falls to 10.66% as fuel, power prices rise 24.8%

Fuel and power prices rose 24.81% in September year-on-year compared with 26.09% in August, while manufactured product prices rose 11.41% compared with 11.39% in the previous month.

Wipro shares at record high on better-than-expected quarterly profit

Shares of India's Wipro Ltd surged as much as 7.6% to a record high on Thursday, a day after the IT services company logged a near 19% rise in quarterly consolidated net profit.

Stocks up, dollar squeezed as inflation pulls forward rate hike bets

Fed Funds futures pulled forward first hike from late in 2022 to almost fully price a 25 basis point hike by September, but pricing also suggests rates hovering around just 1.5% in five years' time

Dollar pauses after rallying to one-year high earlier in week

The dollar index, which measures the currency against six rivals, was about flat at 94.016, after dropping 0.53% on Wednesday, the most since Aug. 23.

Oil rises on expectation high natural gas to drive switch for heating

Brent crude futures gained 28 cents, or 0.3%, to $83.46 a barrel at 0107 GMT after falling 0.3% on Wednesday.

Tesla directors get softer support, shareholder proposal gains traction

In a securities filing Tesla said support for a shareholder resolution on how it handles arbitration matters rose to 46% of votes cast at its annual meeting, from 27% for a similar proposal in 2020