Page 912 - Reuters/workspace/business Standard Web/video

Russian and Chinese jets patrol East Asia skies, capping Biden's trip

Japan scrambled jets after Russian and Chinese warplanes neared its airspace while Tokyo was hosting leaders of the Quad group of countries, which includes the US, said Defense Minister Nobuo Kishi

Netflix bets on film star-worshipping southern market to power growth

The US company has greenlighted at least six TV shows in southern Indian languages this year, aggressively chasing deals in Tollywood as the Telugu and Tamil film and TV industry is known

Wall Street drops as economic data, weak forecasts re-ignite slowdown fears

Snap set for worst day on record after profit warning; Abercrombie & Fitch slumps after lowering revenue outlook

Bruised dollar hits 1-month low; Lagarde's negative rate hint boosts euro

Against a basket of its rivals, the dollar fell 0.3% to 101.79, its lowest level since April 26

Gold gains 0.3% as dip in dollar to a one-month low boosts appeal

The dollar, a rival safe-haven asset to gold, has been falling broadly alongside a decline in Treasury yields from multi-year peaks, with aggressive easing by the Federal Reserve already priced in.

Quad countries, including India, shared Ukraine concerns: Japanese PM

Leaders of the Quad grouping of countries, including India's Narendra Modi, shared concerns over the situation in Ukraine at their meeting in Tokyo, Japanese Prime Minister Fumio Kishida said

With market indicators in red, is the end of the bitcoin winter nigh?

Bitcoin is drawing strength from the rest of the crypto market, for example, its relative stature providing some comfort for investors fleeing altcoins

Oil prices inch lower on concerns over recession, China Covid curbs

Oil prices fell on Tuesday as concerns over a possible recession and China's Covid-19 curbs outweighed an expectation of tight global supply

Pakistan central bank hikes main policy rate by 150 bps to 13.75%

The country is going through economic turmoil, including high inflation, reserves declining to as low as less than two months' of imports and a fast-weakening currency

WEF 2022: Aramco CEO warns of global oil crunch due to lack of investment

Amin Nasser said on Monday he was sticking to the target of expanding capacity to 13 million barrels per day from the current 12 million by 2027, despite calls to do it faster

Wall Street bounces back on boost from banks, Apple; Dow rises over 2%

Broadcom shares decline on potential VMware buyout; JPMorgan rises on upbeat profit forecast

Oil prices little changed as recession worry offsets higher demand outlook

Brent crude futures were up 35 cents, or 0.3%, to $112.92 a barrel by 11:24 a.m. ET (1524 GMT). U.S. West Texas Intermediate (WTI) crude was up 5 cents, or 0.05%, at $110.32.

Investcorp targets $400 mn at Indian school infrastructure, warehousing

Investcorp now has plans to deploy $400 million over four years on real estate in India, Rishi Kapoor said in an interview at the World Economic Forum in Davos

WEF 2022: UN official still hopes Musk will 'step up' to fight world hunger

In response to David Beasley's challenge last year to the super wealthy to end global hunger, Musk said he would sell $6 bn of Tesla stock and donate it to the World Food Programme

Abu Dhabi's Borouge secures cornerstone investors including Adani

The Abu Dhabi National Oil Company and Borealis' joint venture set the offer price for its IPO at 2.45 dirhams ($0.67) a share, which implies an equity value of $20 bn

Indian iron ore and steel stocks slump, autos rise after export tax hikes

The Nifty metals index fell as much as 8.9% on Monday, the fastest rate of decline since March 2020, while the Nifty auto index rose 2.9%

Gold gains for third straight session, climbs over 1% on dollar sell-off

The dollar slumped 1% as investors kept up selling pressure, cutting bets on further dollar gains from rising U.S. rates. A weaker dollar makes gold cheaper for overseas buyers. [USD/]

Euro soars after Lagarde points to rate hikes, dollar extends slide

The euro was the big gainer, adding as much as 1.1% to $1.0687. It has now risen 3.3% since hitting a multi-year low of $1.0349 on May 13.

WEF 2022: Crypto crowd dominate Davos main street despite price crash

The crypto crowd's prominence at Davos, while largely on the sidelines of the main event, comes as cryptocurrencies shed $800 bn in market value earlier this month

'Hike in export duties on iron ore, pellets to raise costs for steel mills'

India's imposition of higher export tax on iron ore and various intermediate products such as pellets will raise costs for steel mills, says Moody's