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Oil prices drop as demand fears dominate

By Sonali Paul MELBOURNE (Reuters) - Oil prices slid in early trade on Friday, extending losses from the previous session on fears U.S. interest rates will go higher than previously expected and fresh

Dollar firms after hawkish Fed as sterling sinks; focus on U.S. jobs

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar gained against major currencies on Thursday after Federal Reserve Chair Jerome Powell signalled U.S. interest rates will likely peak at a

Oil slips 2% on China demand worries, U.S. rate hikes

By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 2% on Thursday as China stood by its zero-COVID policy and an increase in U.S. interest rates pushed up the dollar, raising fears of a

Oil slips 1% on China demand worries, U.S. rate hikes

By Scott DiSavino NEW YORK (Reuters) -Oil slid about 1% on Thursday as China stood by its zero-COVID policy and an increase in U.S. interest rates pushed up the dollar, raising fears of a global

Gold dips as hawkish U.S. Fed lifts dollar, yields

By Seher Dareen (Reuters) - Gold prices fell to a more than one-month low on Thursday as the dollar and U.S. Treasury yields jumped after hawkish remarks from Federal Reserve Chair Jerome Powell on

Oil slips 1% as Fed rate hike raises fuel demand concerns

By Scott DiSavino NEW YORK (Reuters) -Oil slid about 1% on Thursday as an increase in U.S. interest rates pushed up the dollar and heightened fears of a global recession that would crimp fuel demand.

World equities fall, U.S. Treasury yields rise after hawkish Fed

By Chibuike Oguh NEW YORK (Reuters) -Global equities fell while U.S. Treasury yields rose on Thursday as investors weighed hawkish commentary from Federal Reserve Chairman Jerome Powell on the

Dollar advances after hawkish Fed; pound sinks as BoE warns of ‘very challenging’ outlook

By Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) - The dollar firmed on Thursday, after the Federal Reserve signalled U.S. interest rates will likely peak at a higher rate than

Gold dips 1% as hawkish U.S. Fed lifts dollar, yields

By Seher Dareen (Reuters) - Gold prices fell to a more than one-month low on Thursday as the dollar and U.S. Treasury yields jumped after hawkish remarks from Federal Reserve Chair Jerome Powell on

India’s Adani Enterprises Q2 profit more than doubles

BENGALURU (Reuters) - India's Adani Enterprises on Thursday reported a quarterly profit that more than doubled, helped by strong performance at its integrated resources management and airports

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?