Page 1034 - 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

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

JPMorgan edges closer to leaving pandemic behind, its earnings show

JPMorgan's third-quarter profit was 24% higher than the same period last year

Fed lays out plan to reduce bond purchases, flags inflation worries

Policymakers discuss plan for 'gradual' cut in bond-buying

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.

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

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

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

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

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.

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

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

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

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

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 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%

World stocks soft before US CPI, oil prices near multi-year highs

European stocks fell 0.4% and are nearly 5% below their August peak. UK stocks dropped 0.4%.

IndiGo sees Tata as 'formidable competition' after Air India deal

Tata also owns a majority stake in Vistara, a premium joint venture with Singapore Airlines Ltd, as well as budget airline AirAsia India.

Indian shares hit record highs as Tata Motors soars on EV plans

Indian shares hit record highs on Wednesday as Tata Motors soared on plans to boost electric-vehicle investments