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Oil prices fall $1 on surging Covid cases in China, firmer US dollar

Covid-19 cases climbed in China over the weekend, with Beijing and other big cities on Monday reporting record infections

India's palm oil imports dip 4.8% in 2021/22, soyoil overseas buying up 45%

The country's palm oil imports in the marketing year ended on Oct. 31 fell to 7.9 million tonnes

Oil prices extend gains as China eases some Covid-19 restrictions

Brent crude futures rose 87 cents, or 0.9%, to $96.86 a barrel by 0041 GMT after settling up 1.1% on Friday

Twitter to enable organisations to identify their associated accounts: Musk

"Rolling out soon," Musk in a tweet on Sunday said. "Twitter will enable organizations to identify which other Twitter accounts are actually associated with them."

Crypto exchange FTX's collapse being scrutinised by Bahamas authorities

FTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platform in just 72 hours

Asian share markets pause as US Fed Reserve warns against exuberance

A modest miss on U.S. inflation was enough to see two-year Treasury yields dive 33 basis points for the week and the dollar lose almost 4%

India's wheat planting gathers momentum, acreage rises nearly 10%

Late rains in October and November raised soil moisture levels and helped farmers bring in more area under wheat, the main winter crop, growers said.

At COP27 climate talks, slow progress stokes worry over final deal

With a long list of demands for COP27, country delegates said there had been little progress so far on the technical details of how to deliver on deals and pledges made in previous years

Twitter Blue 'probably' coming back end of next week, Musk says

Twitter Blue will probably "come back end of next week", billionaire owner Elon Musk said in a tweet on Saturday.

Collapsed FTX hit by rogue transactions, analysts saw over $600 mn outflows

By Summer Zhen, Vidya Ranganathan and Elizabeth Howcroft

Crypto exchange FTX says investigating 'unauthorised transactions'

FTX filed for U.S. bankruptcy protection on Friday and founder Sam Bankman-Fried resigned as chief executive

India can buy as much Russian oil as it wants, outside price cap: Yellen

The cap would still drive global oil prices lower while curbing Russia's revenues, Yellen said in an interview with Reuters on the sidelines of a conference on deepening U.S.-Indian economic ties

Nearly half of job cuts were in tech, reorg underway: Meta executives

The executives said that the first mass layoff in the social media company's 18-year history affected staffers at every level and on every team, including individuals with high performance ratings

British officials may visit India next month for FTA talks: Govt sources

"It will take 3-4 months of steady negotiations to complete this agreement, with broad understanding over issues such as mobility and short-term work visas to the UK," the official said

COP27: Joe Biden says climate crisis is about 'very life of the planet'

"It's more urgent than ever that we double down on our climate commitments. Russia's war only enhances the urgency of the need to transition the world off its dependence on fossil fuels," he said

Wall Street heads higher as US Federal Reserve rate hopes dent dollar

Oil prices jumped after health authorities in top global crude importer China eased some of the country's heavy COVID curbs

FTX to file for bankruptcy protection in US; CEO Sam Bankman-Fried resigns

Bankman-Fried's trading firm Alameda Research is also part of the bankruptcy protection

Dollar set for biggest two-day fall since 2009 as rate outlook shifts

The dollar staged its biggest drop since late 2015 on Thursday as Treasury yields plunged, while other currencies - the yen and the pound in particular - jumped

Indian petrochemical demand could rise threefold by 2040: Indian Oil exec

Indian refiners have traditionally focussed on maximising production of gasoline and gasoil and it is a net importer of petrochemicals

Indian miners seek higher import tax on aluminium, zinc, copper products

India is the world's third-biggest primary aluminium producer