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Tuesday, October 8, 2024
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Oil jumps 2% on demand optimism as China’s borders reopen

By Stephanie Kelly NEW YORK (Reuters) -Oil prices jumped about 2% on Monday after China's move to reopen its borders boosted the outlook for fuel demand and overshadowed global recession concerns. The

Global stocks approach 4-week highs, oil gains on hopes of ‘soft landing’

By David Randall NEW YORK (Reuters) - World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders and benchmark Treasury yields hovered near three-week

Dollar hits 7-month low vs euro on expectations of slower Fed hikes

By John McCrank and Amanda Cooper NEW YORK (Reuters) -The U.S. dollar on Monday fell to its weakest level in seven months against the euro as traders bet recent economic data would prompt the Federal

Gold hits 8-month peak as dollar slips on Fed slowdown bets

By Seher Dareen (Reuters) - Gold prices hit an eight-month high on Monday, helped by a drop in the dollar after U.S. economic data late last week raised hopes for slower rate hikes from the Federal

Oil jumps 3% on demand optimism as China’s borders reopen

By Noah Browning LONDON (Reuters) -Oil extended gains on Monday, rising more than 3% after China's move to reopen its borders boosted the outlook for fuel demand and overshadowed global recession

India needs to invest up to $100 billion/yr more to achieve 2070 net zero goal- lawmaker

By Shivangi Acharya and Nikunj Ohri NEW DELHI (Reuters) - India needs an additional investment of up to $100 billion annually to meet its 2070 net-zero carbon emissions goal, the head of a government

Stocks extend gains on ‘soft landing’ hopes, China re-opening

By Elizabeth Howcroft LONDON (Reuters) -European stock indexes rose in early trading on Monday and world stocks were at the highest in more than three weeks, boosted by investors scaling back

Dollar hovers near seven-month lows after jobs data

By Amanda Cooper LONDON (Reuters) - The U.S. dollar on Monday neared its lowest point in seven months against other major currencies after data suggested the Federal Reserve could slow the pace of its

Jaguar Land Rover sees Q3 free cash flow above $485 million

BENGALURU (Reuters) -Jaguar Land Rover (JLR) on Monday forecast free cash flow for the third quarter at more than 400 million pounds ($485 million), after reporting a 15% rise in wholesale volumes for

Oil jumps 3% on demand optimism as China borders reopen

By Alex Lawler LONDON (Reuters) -Oil extended gains on Monday, rising about 3% after China's move to reopen its borders boosted the outlook for fuel demand and overshadowed global recession concerns.

On Camera

Dear Indian women, leave your fundamental rights at the wedding altar

How have we arrived in 2024, where summarily divorcing your wife can land you in jail, but sexually assaulting her will not?

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

‘Nightmare at Chennai Marina’: 4 dead, 96 hospitalised after pandemonium at packed IAF air show

Lakhs of people were stranded at beach in heat as crowd control measures apparently failed. At least 14 lakh people were in attendance though police had expected around 10 lakh.

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?