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Oil climbs 4% as dollar slips and EU ban looms

By Julia Payne LONDON (Reuters) -Oil prices rose by 4% on Friday as the dollar eased, with an EU ban on Russian oil looming large and investors weighing the prospects for an easing of China's COVID

Dollar sags, stocks rise after U.S. jobs temper rate expectations

By Amanda Cooper LONDON (Reuters) -The dollar fell on Friday, while stocks extended gains after data painted a picture of a U.S. economy that is creating jobs, but is starting to slow, tempering

Oil climbs 3% as dollar slips and EU ban looms

By Julia Payne LONDON (Reuters) - Oil rose by more than 3% on Friday as the dollar eased, with an EU ban on Russian oil looming large and investors weighing the prospects for an easing of China's

Dollar softens on China reopening hopes, U.S. jobs data in focus

By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) - The euro and pound regained some ground on Friday but were still set for their biggest weekly losses since September, ahead of U.S. jobs data that

India’s Godrej Agrovet profit falls by 34%, hit by higher costs

(Reuters) - Indian agri-business firm Godrej Agrovet Ltd reported a 34.3% fall in second-quarter profit on Friday, hurt by weak performance in its mainstay animal feeds and vegetable oil businesses.

Stocks and oil rally as China hints at COVID respite

By Ankur Banerjee and Amanda Cooper LONDON/SINGAPORE (Reuters) -Global stocks rose on Friday for the first time in three days ahead of key U.S. jobs data, as investors took heart from reports China

India’s forex reserves post biggest weekly gain in more than a year

MUMBAI (Reuters) - India's foreign exchange reserves rose to $531.08 billion in the week through Oct. 28, marking their biggest weekly gain since September 2021, the Reserve Bank of India's (RBI)

Indian banks’ loans rose 17.9% y/y in two weeks to Oct 21 – central bank

Nov 4 (Reuters) - Indian banks' loans rose 17.9% in the two weeks to Oct. 21 from a year earlier, while deposits rose 9.5%, the Reserve Bank of India's weekly statistical supplement showed on Friday.

Gold jumps 1% as dollar rally stalls ahead of U.S. jobs data

By Arundhati Sarkar (Reuters) - Gold prices jumped more than 1% on Friday as the dollar slipped ahead of a U.S. jobs report that could offer cues on the Federal Reserve's rate-hike path. Spot gold

Indian airline IndiGo posts bigger quarterly loss on higher fuel costs

BENGALURU (Reuters) - InterGlobe Aviation Ltd, the operator of India's top airline IndiGo, on Friday posted a bigger loss for the second quarter, hit by higher fuel prices and foreign exchange losses.

On Camera

Drop that cigarette. Smokers are twice as likely to develop skin cancer compared to non-smokers

A noticeable effect of smoking is premature aging. Studies indicate that the skin biopsy of a 40-year-old heavy smoker can resemble that of a 70-year-old non-smoker.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

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?