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Friday, October 11, 2024
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Stocks slide as corporate results spur recession feats

By Herbert Lash NEW YORK (Reuters) -A gauge of global equity markets slid from five-month highs on Wednesday as poor corporate results fueled recession fears, as did the ongoing inversion of short-

Dollar eases as traders look to central banks for cues

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against the euro on Wednesday, but its losses were capped as traders were hesitant to make any big bets ahead of next week's central bank

Gold hovers near nine-month high, focus turns to U.S. data

By Seher Dareen (Reuters) - Gold reversed course to edge up on Wednesday as the dollar weakened and investors kept a close eye on a slew of upcoming U.S. economic data that could influence the Federal

Oil prices steady after smaller-than-expected U.S. crude build

By Shariq Khan BENGALURU (Reuters) -Oil prices were largely unchanged on Wednesday, after government data showed a smaller-than-anticipated build in U.S. crude inventories, countering weak economic

Gold edges lower from nine-month high, focus turns to U.S. data

By Seher Dareen (Reuters) - Gold steadied on Wednesday as investors took advantage of a recent surge in prices to lock in profits ahead of a slew of U.S. economic data that could influence the Federal

Stocks slide as corporate results fuel recession fears

By Herbert Lash and Dhara Ranasinghe NEW YORK/LONDON (Reuters) - A gauge of global equity markets slid from five-month highs and Treasury yields rose on Wednesday as corporate results fueled recession

Oil edges up after less-than-expected U.S. inventories rise

By Shariq Khan BENGALURU (Reuters) -Oil prices were up slightly in light volumes on Wednesday after government data showed a smaller-than-anticipated build in U.S. crude inventories, countering weak

Dollar edges down as traders look to central banks for cues

By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar edged down against the euro on Wednesday in subdued trading as investors were hesitant to make any big bets ahead of next week's central bank

Gold stalls after nine-month high as focus turns to U.S. data

By Seher Dareen (Reuters) - Gold edged lower on Wednesday as investors took advantage of a recent surge in prices to lock in some profits ahead of a slew of U.S. economic data that could influence the

India’s CEAT posts third-quarter profit on strong domestic demand

BENGALURU (Reuters) - Indian tyremaker CEAT Ltd on Wednesday posted a third-quarter profit, compared with a year-earlier loss, as domestic demand surged, but missed analysts' estimates on higher costs

On Camera

A frosty start featuring ‘ULFA tapes’, thawed by a love of dogs. My conversations with Ratan Tata

Besides politics, his frustrations with business environment & inspirational ideas ranging from entrepreneurship to technology, aviation, philanthropy, we discovered a common passion: dogs

RBI’s policy-setting body keeps rates unchanged for 10th straight time, changes stance to ‘neutral’

Change in stance signals possibility of rate cuts, potentially as early as December, depending on inflation trends & global economy. Growth projection for FY 2024-25 retained at 7.2%.

Amid concerns about use of Chinese parts in drones, Army general urges industry to be transparent

Maj Gen CS Mann, ADG, Army Design Bureau, cites national security concerns. This comes after intelligence agencies flagged use of Chinese components in drones purchased by armed forces.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?