Page 834 - Reuters/workspace/business Standard Web/video

CreditSights finds calculation errors in debt report on Adani Group firms

CreditSights said it had discovered calculation errors in its recent debt report on two power and transmission companies controlled by Gautam Adani, following a conversation with the management

India's August fuel demand rises 16.3% y-o-y to 17.81 million tonnes

Sales of gasoline, or petrol, were 11.6% higher from a year earlier at 3 million tonnes

Oil prices fall further as China extends Covid curbs to stop transmission

China's Chengdu extended a lockdown for a majority of its more than 21 mn residents to prevent further transmission of Covid while millions more in other parts the country were told to shun travel

Gold struggles for direction as investors focus on ECB, Powell's comment

Investors are expecting the ECB to go for a hefty rate hike to combat soaring inflation. The policy decision is due at 1215 GMT

Europe waits on potentially record ECB rate hike to fight inflation

The euro slipped 0.19% to $0.99885, after hitting a 20-year low of $0.9864 earlier in the week

Road safety scrutiny: Amazon takes down seatbelt alarm blockers in India

Gadkari had said he was concerned as people were buying clips from Amazon to evade wearing seatbelts

Japan's JFE to decide on joint venture with JSW in India by 2022-end

Japan's second-biggest steelmaker, which is under JFE Holdings, aims to tap growth in the Indian market by offering advanced steel products to boost efficiency in power generation

Importing Russian oil part of India's inflation management: FM Sitharaman

Nirmala Sitharaman made the statement at an event in New Delhi

Resilient US dollar soars to 24-year high vs yen, 37-year peak vs sterling

A Northern California sheriff's deputy has turned himself in to law enforcement after he was accused in the fatal slaying of a husband and wife in their home early on Wednesday, authorities said.

Apple releases adventure watch, satellite SOS iPhone at steady prices

Apple Inc on Wednesday avoided price hikes of its best-selling iPhones during its biggest product launch of the year, focusing on safety upgrades

Putin says Russia to stop supplying energy if Western price caps imposed

Speaking at an economic forum in Vladivostok, Putin said European calls for a price cap on Russian gas were 'stupid', and would lead to higher global prices and economic problems in Europe

Amazon told to remove seatbelt alarm blockers in road safety push: Gadkari

Though the sale of the metal clips is not illegal, such devices and broader road safety issues have come under closer scrutiny after Cyrus Mistry recently died in a car crash

Apple unveils new iPhone 14 series, Ultra Watch for adventure sports

The iPhone 14 models will test Apple's ability to wring dollars from its relatively affluent customer base, which has kept spending in the face of rising inflation

Wall Street rebounds as yields slip, focus on Fed path; Nasdaq up 1%

Data signaling strength in the US economy has prompted traders to bet on a 75-basis-point interest rate hike by the Fed later this month

Musk can use whistleblower claims, but judge won't delay Twitter trial

Last month, whistleblower allegations provided Musk fresh ammunition to bolster what legal experts said was a long-shot attempt to walk away from the deal without paying a $1-bn termination fee

Oil price rises after Russia's Putin threatens to halt energy supply

Oil rebounded after President Vladimir Putin said on Wednesday that Russia will stop supplying gas and oil if price caps are imposed on Russia's energy resources

Gold prices edge up as weaker bond yields deflect rampant dollar

The U.S. dollar scaled a fresh 20-year peak, making greenback-priced gold less attractive for overseas buyers

Global stocks fall on Fed rate hike bets, yen drops to 24-year low

European stock markets opened in the red on Wednesday after US economic data prompted traders to ramp up Federal Reserve rate hikes bets, pushing the dollar to a 24-year high against the Japanese yen

Apple's new iPhones, watches are coming at a tough time for consumers

Apple will also likely keep some older or less advanced models at lower prices, and to date Apple's relatively affluent fan base has shown more willingness to keep spending despite high inflation

Putin blames Germany and West for Nord Stream 1 shutdown at economic forum

President Vladimir Putin said on Wednesday that Russia would resume gas supplies to Germany through the Nord Stream 1 pipeline as soon as a key turbine was returned