Page 1174 - Reuters/workspace/business Standard Web/video

Accenture beats quarterly revenue estimates on strength in cloud

More businesses used its digital services to shift operations to the cloud

US Fed's Powell faces political test on bank capital relief question

Progressives, including Senators Elizabeth Warren and Sherrod Brown, who now heads the Senate Banking Committee, say banks are cynically seizing an opportunity to ease more rules

RBI may have to delay liquidity normalisation amid rising virus cases

RBI may have to delay liquidity normalisation amid rising virus cases

Credit Suisse overhauls asset management under regulatory glare

Credit Suisse shares were up 1.5% in early trade

Analysis: Beijing delivers on threats to rein in internet economy

China is making good on its threats to clamp down on the sprawling "platform economy"

Inflation-stricken Venezuela rolls out new, larger-denomination banknotes

Venezuela this week is rolling out larger-denomination banknotes as hyperinflation batters the crisis-stricken South American country's bolivar currency

World food price index rises in February for ninth month running - FAO

World food prices rose for a ninth consecutive month in February

Gold prices off nine-month low, but pressured by rising bond yields

Higher U.S. Treasury yields threatened gold's appeal as an inflation hedge as they increase the opportunity cost of holding bullion

Hyundai revises down Q4 operating profit after costly Kona EV recall

The firm was hit by a costly $900 million recall to replace battery systems

Honda Motor to sell limited batch of level 3 self-driving cars

The firm said it will sell a limited batch of its flagship Legend sedan equipped with level 3 autonomous driving technology

Oil extends gains on prospect of OPEC+ sticking with supply cuts

The market had been expecting OPEC+ to ease production cuts by around 500,000 barrels per day (bpd) from April

Biggest wealth fund puts Japan's Kirin on watch list over Myanmar link

Norges Bank Investment Management (NBIM), which manages the world's largest sovereign wealth fund, held a 1.29% stake in Kirin Holdings at the end of 2020

State-run banks likely to see bad loan additions moderate: Morgan Stanley

Structural issues, however, could cap returns on their stocks, Morgan Stanley said

Honda to sell limited batch of Legend sedan level 3 self-driving cars

Honda Motor Co Ltd on Thursday said it will sell a limited batch of its flagship Legend sedan equipped with level 3 autonomous driving technology that enables vehicles to navigate congested highways

China's CIC eyes U.S. investment after fund with Goldman raised $2.5 bn

The fund was launched with the aim of reaping returns from helping the U.S. firms that it invests in to expand their market in China

Japanese Yen near seven-month low, Asian shares fall as bond yields rise

The Japanese yen hit a seven-month low on the dollar on Thursday as hopes that vaccine distribution and more government stimulus will drive the US economy into a solid rebound

India asks OPEC+ to fulfill promise of price stability: Dharmendra Pradhan

Pradhan said at the CERAWeek conference by IHS Markit that India, where fuel demand is recovering to pre-pandemic levels, would like to rely on reasonable and responsible oil prices

Democrats trim parts of Biden's Covid aid bill, Republicans threaten delay

The compromise would mean about 9 million fewer households would get direct payments than did so in the last round of stimulus

New US prez will not undo Trump's interference, Huawei CFO's lawyers say

Lawyers for CFO Meng Wanzhou want her U.S. extradition case dismissed on grounds that Trump's comments soon after her 2018 arrest meant she would not get a fair trial in the United States

Bitcoin rises 5% to $50,942.58 adding $2,426.23 to its previous close

Bitcoin has fallen 12.7% from the year's high of $58,354.14 on Feb. 21