 "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
Page 1032 - Reuters/workspace/business Standard Web/video
G20 finance chiefs back global tax deal, pledge to sustain recovery
Finance leaders from the G20 major economies keeping a close eye on inflation
 "G20 finance chiefs back global tax deal, pledge to sustain recovery")
Oil eases on profit taking, demand jitters; stays near highest in years
Prices came under pressure early when China, the world's biggest crude importer, released data showing September imports fell 15% from a year earlier
 "Oil eases on profit taking, demand jitters; stays near highest in years")
Invesco says it facilitated tie-up talks between India's Reliance and Zee
"The role of Invesco, as Zee's single largest shareholder, was to help facilitate that potential (Reliance) transaction and nothing more," Invesco said
 "Invesco says it facilitated tie-up talks between India's Reliance and Zee")
IMF chief says data-rigging scandal won't hamper IMF-World Bank cooperation
Georgieva, who was cleared of wrongdoing in the matter by the IMF's executive board on Monday, had sharply criticized a report prepared by law firm WilmerHale for the World Bank's board
 "IMF chief says data-rigging scandal won't hamper IMF-World Bank cooperation")
Hyundai Motor aims to develop chips, cut reliance on chipmakers
A global shortage of semiconductors, triggered partly by surging demand for laptops and other electronic products during the pandemic, has shuttered some auto production lines globally this year
 "Hyundai Motor aims to develop chips, cut reliance on chipmakers")
JPMorgan edges closer to leaving pandemic behind, its earnings show
JPMorgan's third-quarter profit was 24% higher than the same period last year
 "JPMorgan edges closer to leaving pandemic behind, its earnings show")
Fed lays out plan to reduce bond purchases, flags inflation worries
Policymakers discuss plan for 'gradual' cut in bond-buying
 "Fed lays out plan to reduce bond purchases, flags inflation worries")
India's October power supply deficit worst since March 2016
The October shortfall was already the biggest in absolute terms for a single month since November 2018, even with 19 days of October still left.
 "India's October power supply deficit worst since March 2016")
Amazon rigged search results to promote its own products in India: Report
Thousands of pages of internal Amazon documents examined by Reuters show the company ran a systematic campaign of creating knockoffs and manipulating search results to boost its own product lines
 "Amazon rigged search results to promote its own products in India: Report")
Volkswagen CEO Herbert Diess warns shift to EVs may cost 30K jobs
Volkswagen's Wolfsburg plant, the world's largest with over 50,000 employees, does not currently make EVs, but the company plans to produce an electric sedan there from 2026
 "Volkswagen CEO Herbert Diess warns shift to EVs may cost 30K jobs")
Fed up with traffic jams? Flying taxis to take to the sky in mid-2020s
A taxi landing on top of your office may soon become reality, says UK's Vertical Aerospace
 "Fed up with traffic jams? Flying taxis to take to the sky in mid-2020s")
OPEC trims 2021 demand forecast but says gas price surge could help
Opec now expects oil demand to grow by 5.82 million barrels per day, down from 5.96 million bpd in its previous forecast
 "OPEC trims 2021 demand forecast but says gas price surge could help")
Members to reach $100-bn target for shifting reserves, says IMF chief
The IMF chief said the fund was putting in place measures to increase transparency about the use of any SDRs.
 "Members to reach $100-bn target for shifting reserves, says IMF chief")
India's September fuel demand steady, rising oil prices cloud outlook
Fuel consumption, a proxy for oil demand, totalled 15.92 million tonnes last month, up slightly from August and 5.2% higher than in September 2020, data on PPAC website showed
 "India's September fuel demand steady, rising oil prices cloud outlook")
Wall Street: Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow Jones
JPMorgan falls, BlackRock gains on strong Q3 earnings; Apple falls after report of lower iPhone production
 "Wall Street: Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow Jones")
India resumes Covid vaccine exports as domestic stocks build up: Officials
One million shots of Covaxin produced by Indian company Bharat Biotech were shipped to Iran last week
 "India resumes Covid vaccine exports as domestic stocks build up: Officials")
Oil prices fall on fears faltering economic growth to hit demand
Brent crude futures were down 76 cents, or 0.9%, at $82.66 a barrel at 1406 GMT. US West Texas Intermediate (WTI) crude futures fell 80 cents or 0.9% to $79.84 a barrel.
Dollar trades near one-year high after inflation data; Fed minutes on tap
The Fed will release the minutes from its meeting last month later on Wednesday, potentially providing a catalyst for more strength in the dollar
 "Dollar trades near one-year high after inflation data; Fed minutes on tap")
India's fuel demand increased 5.2% YoY in September
Sales of gasoline, or petrol, were 6% higher from a year earlier at 2.60 million tonnes
 "India's fuel demand increased 5.2% YoY in September")
India cuts base import tax on crude vegetable oil imports to zero % -govt
India on Wednesday slashed its base import tax on crude palm oil, crude soyoil and crude sunflower oil to zero from 2.5%
 "India cuts base import tax on crude vegetable oil imports to zero % -govt")