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Russia's Aeroflot plans $3 bn cash injection, said to eye big jet order

Under heavy pressure from Western sanctions and airspace bans, Russian state flagship airline Aeroflot plans to raise up to 185.2 billion roubles ($3 billion) in an emergency share issue

Japan's Q1 GDP falls less than first thought on stronger consumption

On a quarter-on-quarter basis, GDP lost 0.1%, beating median market expectations for a 0.3% drop

Battle in Ukraine's east rages, Zelenskyy vows to retake territory

"We have to achieve a full deoccupation of our entire territory," Zelenskiy said by video link at an event hosted by Britain's Financial Times newspaper on Tuesday.

China issues 4.5 MT of quotas for fuel exports to ease demand: Report

The new issue will bring the total of refined fuel export quotas this year to 17.5 million tonnes, still significantly lower than the 29.5 million tonnes allotted under the first issue of 2021

World Bank board approves $1.49 billion in new funds for war-hit Ukraine

The World Bank said in a statement that the latest funding is supported by financing guarantees from Britain, the Netherlands, Lithuania and Latvia

Russia's Sberbank says India, Belarus still discussing potash sale deal

Russia's Sberbank said Indian Potash Ltd (IPL) and Belarusian Potash Company (BPC) have been in discussions about settlement details of a potash sale deal

Covid vaccine for US to be manufactured by India's Serum, says Novavax

Novavax Inc said on Tuesday that its Covid-19 vaccine initially available in the United States, if authorized, will be manufactured by the Serum Institute of India.

Oil inches higher ahead of US inventories data, supported by tight supplies

Oil prices edged up ahead of data on US oil inventories, with crude futures supported by tight supplies and recovering fuel demand as China's top cities relax Covid-19 curbs

'Get on with the job': Boris Johnson rallies Cabinet after tight win

Johnson won the ballot of Conservative Party law-makers on Monday night by 211 votes to 148

Ukraine will fight for all territory, stalemate 'not an option': Zelensky

'We have to achieve a full deoccupation of our entire territory,' says Ukraine President

India's gold imports jump 677% in May to 101 tonnes, shows data

India imported 101 tonnes of gold in May, compared to 13 tonnes a year earlier

North Korea could conduct nuclear test 'any time', says US envoy

North Korea has test-launched an unprecedented number of ballistic missiles this year, says US Special Representative for North Korea

US faces 'unacceptable levels of inflation': Yellen tells senators

US Treasury Secy said she saw bulk of inflation being caused by supply and demand mismatches, including excessive demand for goods over services during the pandemic and severe supply chain disruptions

World Bank slashes global growth forecast to 2.9%, warns of 'stagflation'

World Bank President said global growth was being hammered by the war, fresh Covid lockdowns in China, supply-chain disruptions and the risk of stagflation, which was last seen in the 1970s

EU countries clinch deal on single mobile charging port in blow to Apple

Brussels has been pushing for a single mobile charging port for more than a decade, prompted by complaints from iPhone and Android users about having to switch to different chargers for their devices

Cryptoverse: The early birds are betting bitcoin is bottoming out

If you're getting into crypto at these levels, a little near-term volatility could be worth a long-term payoff, says an asset manager

Oil prices stable as market juggles risk sentiment with tight supplies

US West Texas Intermediate (WTI) crude futures were down 25 cents, or 0.2%, at $118.25 a barrel, having risen by over $1 per barrel earlier in the session.

Gold prices in check as major central banks rev up policy tightening

The Federal Reserve is on track for half-point interest rate increases in June and July, and last week's solid jobs report boosted expectations of continued tightening by the US central bank.

Dollar hits two-decade high against yen, pound near three-week low

The yen is sensitive to interest rate differentials between Japanese debt and US bonds.

Global stocks shaky as hawkish Reserve Bank of Australia heightens worries

Reserve Bank of Australia raised rates by most in 22 years and flagged more tightening to come as it battles to restrain surging inflation, driving a brief spike in the Aussie and hitting local shares