Page 851 - Reuters/workspace/business Standard Web/video

Euro falls below 99 cents hitting 20-year low on Russian gas halt concerns

The euro fell below 99 cents for the first time in nearly two decades, while sterling was on the ropes on Monday as Russia's halt on gas supply down its main pipeline to Europe sparked concerns

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

Britain's Liz Truss expected to be named Conservative leader, new PM

After weeks of an often bad-tempered and divisive party leadership contest that pitted Truss against Rishi Sunak, Monday's announcement will trigger the beginning of a handover from Boris Johnson

Gold firms above $1,700/oz on hopes of less aggressive rate hikes by Fed

The European Central Bank is due to meet later this week, where it is expected to deliver a large 75 basis-point interest rate hike to tame record high inflation

Oil prices jump over $2 ahead of OPEC-plus meeting to discuss output cut

Russia, the world's second-largest oil producer and a key OPEC+ member, does not support a production cut at this time and the producer group is likely to decide to keep output steady

Rate hikes not to affect housing demand, Bengaluru to lead price rise: Poll

The buoyant outlook for India's housing market has barely changed in the last three months despite the Reserve Bank of India embarking on its most aggressive tightening cycle in a decade

Index inclusion of Indian bonds a good bet for long run: Morgan Stanley

Morgan Stanley sees a "good chance" of JPMorgan including Indian government bonds in its index, and recommended going long on the 10-year benchmark bond yield

Oil prices surge to more than $1/barrel ahead of OPEC+ supply cut prospect

Oil prices jumped more than $1 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to tweak production and support prices at a meeting later in the day

Russia's closure of gas pipeline to Europe pushes euro towards new lows

The euro touched $0.9903 in early Asia, just above last month's trough of $0.99005. Sterling hit a 2-1/2-year low at $1.1458

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%