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No Stream: EU gas markets brace for price surge after latest Russia gas cut

Europe has accused Russia of weaponising energy supplies in what Moscow has called an 'economic war' with the West over the fallout from the Ukraine conflict

Bed Bath & Beyond CFO plunges to death at New York's Jenga tower: Reports

Last week, Bed Bath & Beyond said it would close 150 stores, cut jobs and overhaul its merchandising strategy in an attempt to turn around its money-losing business

Scholz promises 65 bn euros to shield Germans through tough winter

Package funded through additional tax revenue; Scholz promises welfare state will shield Germany from turmoil

Wall Street Week Ahead: Defensives, energy, dividend plays gain favour

The S&P 500 is down 9% since mid-August, partially reversing a summer rebound after Federal Reserve Chair warned the central bank's single-minded fight against inflation could lead to economic pain

China's tech hub Shenzhen to adopt tiered Covid measures on Monday

The city also announced a new round of Covid testing to stamp out the pandemic, after it reported 89 new locally transmitted Covid infections for Sept 3

Oil prices rise on hopes OPEC+ will discuss output cuts in next meet

Brent crude futures rose 66 cents to settle at $93.02 a barrel, while U.S. West Texas Intermediate (WTI) crude futures rose 26 cents to settle at $86.87 a barrel

Gold prices rise as dollar retreats after US releases key jobs data

Spot gold rose 0.8% to $1,710.29 per ounce by 1:45 p.m. ET (1745 GMT). Prices were still down 1.5% for the week

Beijing Stock Exchange brings new business areas to improve SMEs market

The exchange issued draft rules for margin trading and securities lending on Friday, introduced its first benchmark index and launched a government bond issuance business.

G7 finance ministers agree to impose price cap on Russian oil

The ministers from the club of wealthy industrial democracies confirmed their commitment to the plan after a virtual meeting

Apple, Samsung may benefit as India aims to speed product safety approvals

The move comes as India scrambles to remove bottlenecks faced by businesses, with PM Modi bullish on an electronics hardware manufacturing industry his govt targets to be worth $300 billion by 2026

Singapore's GIC funds Indian rocket startup Skyroot ahead of first launch

The funding follows the Indian government's push to get the country's private sector to complement its state-run space programme known for its affordable launches and missions

Indian bond yields up for second straight day on debt supply woes

The benchmark 10-year Indian government bond yield ended at 7.2318%. The yield rose two basis points on Thursday to end at 7.2146%

World stocks eye 3% weekly loss, dollar sky high before US jobs data

Fresh lockdowns in China are also fuelling concerns about global growth, while high energy costs as a result of the war in Ukraine are weighing on European markets

Gold prices rise as dollar softens, but on track for third weekly fall

Spot gold rose 0.4% to $1,702.49 per ounce by 0801 GMT, but was down about 2% for the week so far

Shell's CEO Ben van Beurden prepares to step down next year: Reports

During his tenure van Beurden oversaw Shell's biggest acquisition in decades and steered the company through two major downturns

Norwegian energy firm Equinor completes Russia exit due to Ukraine war

Equinor had one asset left to divest from, a stake in the Arctic Kharyaga oilfield

Philippines' Megawide, partner selling airport project stakes for $440 mn

Philippines' Megawide Construction Corp and its Indian partner are selling their shares in an airport developer and operator, in a deal worth $439.8 million, Megawide said in a disclosure

Asian shares struggle, dollar at decades-high ahead of US payrolls report

Japan's Nikkei and Chinese bluechips were mostly unchanged, Hong Kong's Hang Seng index eased 0.2% and South Korea gained 0.5%

Oil firms on OPEC+ output cut bets to stem sinking prices amid weak growth

Oil prices climbed on Friday on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, but the benchmarks were still on track to post their worst weekly drop

Dollar at two-decade high, heads for third weekly gain as payrolls loom

A solid U.S. manufacturing survey overnight was enough to push the greenback above 140 yen for the first time since 1998 and it also hit a 2-1/2 year high against sterling