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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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Page 589 - Reuters/workspace/business Standard Web/video

Crude oil dives 3% to lowest since July on demand worry, strong dollar

Brent crude futures fell $2.95, or 3.5%, to $82.23 a barrel as of 1:41 p.m. ET (1841 GMT). U.S. West Texas Intermediate crude fell to $77.94 a barrel, down $2.88, or 3.6%

Crude oil dives 3% to lowest since July on demand worry, strong dollar
Updated On : 08 Nov 2023 | 11:01 PM IST

Suriname bauxite project may attract interest from Indian, Chinese firms

The South American country hopes to have awarded a concession for bauxite - the world's main source of aluminum - by this time next year, after decades of attempts to develop the ore

Suriname bauxite project may attract interest from Indian, Chinese firms
Updated On : 08 Nov 2023 | 7:26 AM IST

Uber bets on holiday demand, Q3 revenue grows at $9.29 bn missing estimates

But CEO Dara Khosrowshahi struck an upbeat tone. "Consumer demand on our platform remains healthy as we enter the busiest period of the year," he said

Uber bets on holiday demand, Q3 revenue grows at $9.29 bn missing estimates
Updated On : 08 Nov 2023 | 12:14 AM IST

Dilip Buildcon Q2 profit rises to Rs 68.63 cr on steady infra demand

Analysts said the decline in the company's order book, indicative of its project pipeline, came amid weak spending trends in road infrastructure

Dilip Buildcon Q2 profit rises to Rs 68.63 cr on steady infra demand
Updated On : 08 Nov 2023 | 12:12 AM IST

Airbus edges towards 2023 delivery goal after 18% increase in October

Orders so far this year have reached 1,399 aircraft or a net total of 1,334 units after cancellations, Airbus said.

Airbus edges towards 2023 delivery goal after 18% increase in October
Updated On : 08 Nov 2023 | 12:08 AM IST

US consumer watchdog proposes rules for Big Tech payments, digital wallets

The proposal marks a long-anticipated and ambitious move by CFPB Director Rohit Chopra to assert the agency's full authority over Big Tech

US consumer watchdog proposes rules for Big Tech payments, digital wallets
Updated On : 08 Nov 2023 | 12:01 AM IST

Accounting company PwC plans to cut around 600 jobs in UK: Report

The job cuts will be directed mainly at PwC's advisory business and a small number in the tax department, the report said

Accounting company PwC plans to cut around 600 jobs in UK: Report
Updated On : 07 Nov 2023 | 11:24 PM IST

China's gasoline exports tumble; IMF upgrades GDP growth forecasts

Beijing is owed more than $1 trillion in BRI project debt, says report

China's gasoline exports tumble; IMF upgrades GDP growth forecasts
Updated On : 07 Nov 2023 | 11:12 PM IST

Tata-owned Trent Q2 profit surges three fold, shares hit record high

Shares of Trent rose as much as 8.7% to a record high of Rs 2,427.1 after the results

Tata-owned Trent Q2 profit surges three fold, shares hit record high
Updated On : 07 Nov 2023 | 10:26 PM IST

Apollo Tyres Q2 profit jumps two-fold at Rs 474 cr on higher auto sales

The start of the agricultural season will increase demand for replacement tyres in FY24 by high single-digits to low double-digits, analysts said

Apollo Tyres Q2 profit jumps two-fold at Rs 474 cr on higher auto sales
Updated On : 07 Nov 2023 | 9:07 PM IST

Prestige Estates Projects posts six-fold jump in Q2 profit to Rs 851 crore

The real estate developer's consolidated net profit rose to Rs 851 crore ($102.22 million) in the quarter ended Sept. 30

Prestige Estates Projects posts six-fold jump in Q2 profit to Rs 851 crore
Updated On : 07 Nov 2023 | 9:02 PM IST

Cummins India's Q2 net profit rises 23% rise at Rs 329 cr on lower costs

Cummins India's total expenses fell 5.1% to Rs 1,620 crore on lower cost of raw materials such as aluminium and steel

Cummins India's Q2 net profit rises 23% rise at Rs 329 cr on lower costs
Updated On : 07 Nov 2023 | 8:58 PM IST

Shree Cement beats profit view in Jul-Sep quarter on strong infra demand

According to a Jefferies' pre-earning note, cement prices during the quarter increased ~0.5-1% at the all-India level, with the rates rising the most in the country's eastern region

Shree Cement beats profit view in Jul-Sep quarter on strong infra demand
Updated On : 07 Nov 2023 | 7:40 PM IST

Japan's SoftBank makes another bet on WeWork, hoping landlords will too

WeWork's long-term lease obligations of $13.3 billion accounted for more than 70% of its total debt as of end-June

Japan's SoftBank makes another bet on WeWork, hoping landlords will too
Updated On : 07 Nov 2023 | 7:39 PM IST

Indian govt bond yields edge lower as US peers, crude oil prices ease

Treasury yield rose above 4.65% on Monday but eased in Asian trading hours and was last at 4.6141%

Indian govt bond yields edge lower as US peers, crude oil prices ease
Updated On : 07 Nov 2023 | 6:32 PM IST

Russian wheat export prices surged slightly last week, market calm

The Sovecon agriculture consultancy saw the price for the same class of wheat last week at $227-231 per ton FOB, down $2 from the week before

Russian wheat export prices surged slightly last week, market calm
Updated On : 07 Nov 2023 | 6:30 PM IST

UK antitrust regulator to tailor rules for Big Tech with new legal power

The proposed "Digital Markets, Competition and Consumers" law, whose powers were originally intended to come into force in 2022, will give the unit the "teeth" to underpin its remit

UK antitrust regulator to tailor rules for Big Tech with new legal power
Updated On : 07 Nov 2023 | 6:18 PM IST

Saudi Aramco Q3 result: Net profit falls 23% on lower crude prices, volumes

The Saudi oil giant said the decline in oil prices and volumes was partially offset by a reduction in production royalties during the period

Saudi Aramco Q3 result: Net profit falls 23% on lower crude prices, volumes
Updated On : 07 Nov 2023 | 3:17 PM IST

Rural market recovery boosts consumer goods sector growth to 9%: Report

Rural markets showed continued recovery during the quarter, with sales volumes rising 6.4% from 4% in the June-quarter, the market research firm NielsenIQ said.

Rural market recovery boosts consumer goods sector growth to 9%: Report
Updated On : 07 Nov 2023 | 3:10 PM IST

Zydus Lifesciences Q2 profit jumps 53% on strong domestic, US demand

Total revenue from operations rose 9.1 to Rs 4,369 crore, boosted by the strength in US formulation segment, which constitutes 44 of the business

Zydus Lifesciences Q2 profit jumps 53% on strong domestic, US demand
Updated On : 07 Nov 2023 | 2:32 PM IST