 "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
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World shares fall on fears over China, US taxes, central bank policy
World shares fell on Friday, pressured by concerns over China's markets, the potential for a US corporate tax hike and an update on the US Federal Reserve's tapering strategy next week
 "World shares fall on fears over China, US taxes, central bank policy")
Bad for business: World Bank China rigging scandal rattles investors
They said the World Bank's discontinuation of the "Doing Business" reports could make it harder for investors to assess where to put their money
 "Bad for business: World Bank China rigging scandal rattles investors")
Evergrande, growth worries dampen sentiment for global stock markets
Shares in embattled property developer China Evergrande, which has two trillion yuan ($310 billion) in liabilities and faces an $80 million bond coupon payment next week
 "Evergrande, growth worries dampen sentiment for global stock markets")
Shares of Indian airlines fly high as August passenger traffic surges
Shares of Indian airlines InterGlobe Aviation and SpiceJet surged on Friday after regulatory data showed that passenger growth jumped 136.6% last month
 "Shares of Indian airlines fly high as August passenger traffic surges")
With tighter grip, Beijing sends message to Hong Kong tycoons: fall in line
The protests, joined by millions of all ages and social strata, demanded greater democracy and less meddling by Beijing in Hong Kong, which had been promised wide-ranging freedoms until 2047.
 "With tighter grip, Beijing sends message to Hong Kong tycoons: fall in line")
Gold prices rebound but set for weekly loss as dollar holds ground
Spot gold rose 0.5% to $1,762.55 per ounce by 0716 GMT, while U.S. gold futures GCv1 gained 0.4% to $1,762.80.
 "Gold prices rebound but set for weekly loss as dollar holds ground")
Ford wakes up badly burnt from its India dream: Here's what went wrong
Analysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.
 "Ford wakes up badly burnt from its India dream: Here's what went wrong")
China's oil consumption seen peaking around 2026, Sinopec exec says
China's oil consumption is likely to peak around 2026 at about 16 million barrels per day and that of natural gas by around 2040, according to a top executive of Sinopec Corp.
 "China's oil consumption seen peaking around 2026, Sinopec exec says")
Asian shares steady, but set for weekly losses as global growth fears nag
European shares also looked set to rise on opening with pan-region Euro Stoxx 50 futures up 0.61% and FTSE futures 0.41% higher.
 "Asian shares steady, but set for weekly losses as global growth fears nag")
China applies to join Pacific trade pact to boost economic clout
China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the commerce ministry said
Challenge for banks as outsiders Amazon, IKEA crack the finance code
Analysts say the risk for traditional lenders is that they will get pushed further away from the front end of the finance chain
 "Challenge for banks as outsiders Amazon, IKEA crack the finance code")
Wall St falls as oil, tech losses outweigh retail cheer; Dow drops 130 pts
Retail sales unexpectedly rise in August; Tesla falls as Ark dumps shares
 "Wall St falls as oil, tech losses outweigh retail cheer; Dow drops 130 pts")
Facebook to target harmful coordination by real accounts using playbook
Facebook is taking a more aggressive approach to shut down coordinated groups of real-user accounts engaging in certain harmful activities on its platform
 "Facebook to target harmful coordination by real accounts using playbook")
Theater chain AMC to accept other cryptocurrencies along with bitcoin
The company said in August that it would start accepting bitcoin, the most popular cryptocurrency, by the end of the year.
 "Theater chain AMC to accept other cryptocurrencies along with bitcoin")
Oil slips to $75 as threat to US Gulf production from storm wanes
Oil slipped to about $75 a barrel on Thursday, falling from a multi-week high a day earlier, as the threat to US Gulf production from Hurricane Nicholas receded
 "Oil slips to $75 as threat to US Gulf production from storm wanes")
Chinese property woes push Asian shares down, reversing initial gains
Evergrande's own shares dropped 8.2% on Thursday and have plunged more than 80% this year.
 "Chinese property woes push Asian shares down, reversing initial gains")
Oil holds above $75 a barrel supported by drop in US crude inventories
U.S. crude inventories fell by 6.4 million barrels last week, more than the 3.5 million-barrel drop analysts expected
 "Oil holds above $75 a barrel supported by drop in US crude inventories")
European stocks rise on Wall Street support, travel shares jump 3%
Travel & leisure stocks snap 4-day losing streak; weaker metal prices weigh on miners
 "European stocks rise on Wall Street support, travel shares jump 3%")
Gold dips as dollar firms, investors eye clues on US Fed move
Bullion is viewed as a hedge against the inflation and currency debasement likely from widespread stimulus
India's September diesel consumption remain below pre-Covid levels
India's gasoil consumption slowed in the first half of September from the previous month, staying below pre-Covid levels as a pick-up in monsoon rains hit mobility
 "India's September diesel consumption remain below pre-Covid levels")