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Thursday, October 10, 2024
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Microsoft cloud outage hits users around the world

By Akriti Sharma (Reuters) - Microsoft Corp on Wednesday was hit with a networking outage that took down its cloud platform Azure along with services such as Teams and Outlook, potentially affecting

Gold slips as dollar firms with focus on U.S. economic data

By Arundhati Sarkar (Reuters) - Gold prices edged lower on Wednesday from a nine-month peak hit in the previous session as the dollar steadied and investors squared positions ahead of U.S.

World stocks pause near five-month peaks, caution sets in

By Dhara Ranasinghe LONDON (Reuters) - World stocks paused near five-month highs on Wednesday, as signs that central banks might need to keep hiking interest rates for longer dampened a recent wave of

Oil slips as U.S. inventory rise offsets China hopes

By Alex Lawler LONDON (Reuters) -Oil slipped on Wednesday, adding to a decline in the previous session, as a rise in U.S. crude inventories and global recession worries edged out optimism for a demand

Dollar edges higher as traders await Fed decision

By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) - The dollar ticked up on Wednesday in subdued trading as investors looked towards the Federal Reserve's policy decision next week, while the

Microsoft probes Teams, Outlook outage as thousands of users report disruption

(Reuters) -Microsoft Corp said on Wednesday it was investigating an issue impacting multiple services including Teams and Outlook, with outage reports saying the platforms were down for thousands of

Gold retreats as traders lock in profit before U.S. data

By Ashitha Shivaprasad (Reuters) - Gold prices fell on Wednesday, retreating further from a near nine-month peak hit in the previous session, as some investors booked profit ahead of U.S. economic

Oil rises on China recovery hopes, OPEC+ seen standing pat

By Yuka Obayashi and Muyu Xu TOKYO/SINGAPORE (Reuters) -Crude oil prices inched higher on Wednesday as optimism for a demand recovery in China and expectations that major producers will maintain

Microsoft Teams down for thousands of users in India – Downdetector

(Reuters) -Microsoft Corp said on Wednesday it was investigating an outage, which left thousands of users in India unable to access the website's multiple services including Teams and Outlook.

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

By Anshuman Daga SINGAPORE (Reuters) -Asian equities scaled their highest levels in seven months on Wednesday after some regional markets reopened after holidays, and the Australian dollar hit

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?