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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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Page 794 - Reuters/workspace/business Standard Web/video

Oil prices rises on weaker dollar and supply concerns; trade choppy

Benchmark Brent crude futures rose by 44 cents to $93.70 a barrel by 11:03 a.m. EDT, while U.S. West Texas Intermediate crude futures rose by 77 cents to $85.35

Oil prices rises on weaker dollar and supply concerns; trade choppy
Updated On : 25 Oct 2022 | 9:46 PM IST

Sterling rises as Rishi Sunak becomes UK PM while US dollar slumps

The potential for volatility is elevated in the foreign exchange market this week, with central banks in the euro zone and Canada expected to hike rates by 75 basis points

Sterling rises as Rishi Sunak becomes UK PM while US dollar slumps
Updated On : 25 Oct 2022 | 9:40 PM IST

Nasdaq leads Wall Street higher as investors brace for megacap earnings

Shares of Microsoft and Google-owner Alphabet were up 0.6% and 1.2% respectively, while Apple and Amazon.com also rose ahead of reporting quarterly earnings this week

Nasdaq leads Wall Street higher as investors brace for megacap earnings
Updated On : 25 Oct 2022 | 9:01 PM IST

Tata Steel's Dutch arm signs MOU to supply Ford with green steel after 2030

Tata Steel's Dutch arm plans to supply Ford plants in Europe with "green" steel after 2030, under a preliminary agreement reached by the two companies on Tuesday

Tata Steel's Dutch arm signs MOU to supply Ford with green steel after 2030
Updated On : 25 Oct 2022 | 5:39 PM IST

General Motors posts higher profit, reaffirms outlook; margin slips

GM's net margin slipped to 7.9%, from 9.0% a year earlier

General Motors posts higher profit, reaffirms outlook; margin slips
Updated On : 25 Oct 2022 | 4:39 PM IST

European stocks up as investors see signs Fed could slow rate rises

The MSCI world equity index, which tracks shares in 47 countries, was up 0.1% on the day and MSCI's main European Index hit a five-week high, up 0.8% on the day

European stocks up as investors see signs Fed could slow rate rises
Updated On : 25 Oct 2022 | 3:39 PM IST

Sterling rises as Sunak prepares to become PM, euro awaits ECB hike

Sunak will become Britain's next prime minister, Downing Street said on Monday. Sunak was due to meet King Charles on Tuesday morning before speaking outside No. 10 Downing Street

Sterling rises as Sunak prepares to become PM, euro awaits ECB hike
Updated On : 25 Oct 2022 | 3:35 PM IST

Gold prices listless as traders navigate steady dollar, Fed reserve cues

Gold competes with the dollar a safe store of value and gains in the currency also make bullion unattractive for overseas buyers

Gold prices listless as traders navigate steady dollar, Fed reserve cues
Updated On : 25 Oct 2022 | 3:21 PM IST

Govt, corporate bond yield spread to widen on rising supply: Analysts

The spread between Indian government bond yields and their corporate counterparts is expected to widen in the second half of this year

Govt, corporate bond yield spread to widen on rising supply: Analysts
Updated On : 25 Oct 2022 | 2:31 PM IST

Oil price rises as US dollar loses steam though demand fears linger

Oil prices rose as the US dollar eased against major peers but gains were limited by worries of slowing global fuel demand growth amid bearish economic data from key oil importing economies

Oil price rises as US dollar loses steam though demand fears linger
Updated On : 25 Oct 2022 | 2:11 PM IST

HSBC names Georges Elhedery as new CFO, potential CEO-in-waiting

The sudden elevation of Georges Elhedery, 48, at HSBC comes after he took a six-month sabbatical in January

HSBC names Georges Elhedery as new CFO, potential CEO-in-waiting
Updated On : 25 Oct 2022 | 12:16 PM IST

HSBC Q3 profit slumps 42% on France sale charge, rising bad loans

HSBC reported on Tuesday a 42% tumble in third-quarter pretax profits on the back of losses on the sale of its French unit and rising bad loans, but its interest income surged

HSBC Q3 profit slumps 42% on France sale charge, rising bad loans
Updated On : 25 Oct 2022 | 11:41 AM IST

Air strike during concert in Myanmar's Kachin state kills at least 60

Myanmar has been gripped by violence since the army overthrew an elected government early last year

Air strike during concert in Myanmar's Kachin state kills at least 60
Updated On : 25 Oct 2022 | 12:37 AM IST

US rejects Russia's 'dirtybomb' claim, calls it a plot to escalate war

Russia has alleged that it suspects Kyiv of planning to use 'dirty bomb'

US rejects Russia's 'dirtybomb' claim, calls it a plot to escalate war
Updated On : 25 Oct 2022 | 12:30 AM IST

In a move to stoke demand, Tesla cuts prices in China by upto 9%

Tesla shares slumped as much as 4.1% before the start of regular trading and were down 2.3% to $209.43 shortly after 8 a.m. New York time

In a move to stoke demand, Tesla cuts prices in China by upto 9%
Updated On : 25 Oct 2022 | 12:22 AM IST

US, European shares rise on hopes Fed will slow interest rate hike pace

US and European shares rose on Monday as signs of a cooling U.S. economy raised hopes that the Federal Reserve will slow its pace of rate hikes

US, European shares rise on hopes Fed will slow interest rate hike pace
Updated On : 25 Oct 2022 | 12:06 AM IST

Dollar shakes off suspected Japan intervention; stocks brace for earnings

US shares were mixed on Monday as European markets were lifted by hopes that US interest rates could rise more slowly

Dollar shakes off suspected Japan intervention; stocks brace for earnings
Updated On : 24 Oct 2022 | 10:10 PM IST

Oil gains on weaker US business activity, but Chinese demand data weighs

Brent crude futures for December settlement were up 55 cents, or 0.6%, at $94.05 a barrel by 10:39 a.m. EDT (1439 GMT), after rising 2% last week

Oil gains on weaker US business activity, but Chinese demand data weighs
Updated On : 24 Oct 2022 | 9:20 PM IST

Oil prices drop as Chinese demand data shows depressed consumption

Oil prices slid on Monday after Chinese data showed that demand from the world's largest crude importer remained lacklustre in September

Oil prices drop as Chinese demand data shows depressed consumption
Updated On : 24 Oct 2022 | 6:59 PM IST

Dollar shakes off suspected Japan intervention; stocks brace for earnings

The dollar weathered another suspected blast of Japanese intervention to rise against the yen on Monday, while European markets got a lift

Dollar shakes off suspected Japan intervention; stocks brace for earnings
Updated On : 24 Oct 2022 | 5:31 PM IST