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UK inflation hits 30-year high of 6.2% as finance minister readies response

Statistics Office highlighted household energy bills and petrol as the biggest drivers of inflation in February.

Sending international peacekeepers to Ukraine would be reckless: Russia

Ukrainian forces have mounted stiff resistance and the West has imposed sweeping sanctions on Russia in an effort to force it to withdraw its forces.

Russia will start selling gas to 'unfriendly' countries in roubles: Putin

European countries' dependence on Russian gas and other exports has been thrown into the spotlight since Russia sent tens of thousands of troops into Ukraine on Feb 24

India mothballs plan to let local companies to list overseas: Report

3 govt officials with direct knowledge of the decision say the plan had been put on hold as govt believes there's enough depth in local capital markets for firms to raise funds and get good valuations

Oil jumps 5% as Caspian pipeline disruption adds to supply fears

The CPC pipeline carries around 1.2 million barrels per day of Kazakhstan's main crude grade, which accounts for 1.2% of global demand

Dow falls 290 pts as oil climbs, Adobe drops; focus on US rate outlook

GameStop jumps after chairman picks up more shares; Adobe falls on lackluster current-quarter forecast

UK's Sunak tries to ease cost-of-living hit with tax cuts

Britons still face biggest cost-of-living squeeze on record; inflation forecast to reach nearly 9% in late 2022

Russia must stop 'irresponsible' nuclear rhetoric, says NATO chief

Jens Stoltenberg warned Russia against using nuclear, biological or chemical weapons in Ukraine, while stressing NATO's readiness to 'protect and defend allies against any threat any time'

Global equities creep to 5-week highs, ignore selloff in bond markets

But the bulk the action was focused in the bond markets, with two-year US yields pausing for breath at a six-year high after a massive rise this month

Euro weakens as Joe Biden carries new sanction plans to Europe

The European Union currently seems unlikely to agree to a ban on Russian oil which would also weigh on the euro

India's Feb crude oil imports hit four month-low as global prices surge

India is the world's third-biggest oil importer and consumer, and covers over 80% of its crude oil needs with imports, relying heavily on the Middle East

Ukraine crisis: Russia gets Chinese backing to stay in G20

Russian President plans to be at next G20 summit in Indonesia; US, allies mull barring Russia over invasion of Ukraine

Oil prices rise in volatile trading amid CPC pipeline disruption

CPC exports stopped fully on Wednesday and repairs will take at least one and a half months

Biden heads to Europe as Russia shells cities, besieged Mariupol burns

Biden, due to arrive in Brussels on Wednesday evening, will meet NATO and European leaders in an emergency summit at the Western military alliance's headquarters

Rupee gives up early gains as importers buy dollars; bonds steady

India imports more than 80% of its oil requirements and a rise in global crude prices can push up the country's trade deficit and hurt the rupee

Dollar flat as US President Joe Biden plans new sanctions against Russia

Oil Prices dipped on Tuesday as the European Union seems unlikely to agree to a ban on Russian oil which would also likely weigh on the euro

Gold prices steady as Ukraine worries counter bets on Fed rate hikes

Benchmark U.S. 10-year Treasury yields jumped to fresh highs since May 2019

Russia warns of possible payment delays for domestic Eurobond holders

Russia's National Settlement Depository (NSD) said that Russian holders of domestic corporate Eurobonds may see delays in receiving payments

Many Indians tighten belts as Ukraine war drives up prices of necessities

Higher prices from European conflict put economic recovery at risk; companies up prices to pass on higher costs of fuel, materials

Dutch bank ING to end financing for new oil and gas projects, say executive

The move by financial services firm raises pressure on peers to heed a call for a halt to funding for new fossil fuel projects.