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Wave of selling as BoE follows Fed with 75 bps rate hike

By Marc Jones and Wayne Cole LONDON/SYDNEY (Reuters) - World shares tumbled and the dollar and bond yields jumped on Thursday after the U.S. Federal Reserve shifted the outlook on its tightening from

Dollar rallies after hawkish Fed; pound slides as BoE warns of ‘very challenging’ outlook

By Amanda Cooper LONDON (Reuters) - The dollar strengthened on Thursday, after the Federal Reserve signalled U.S. interest rates will likely peak at a higher rate than markets had expected, while the

Gold hits five-week low as Powell quashes dovish pivot hopes

By Arundhati Sarkar (Reuters) - Gold prices slipped on Thursday to their lowest in more than a month, as the dollar and U.S. bond yields climbed after Federal Reserve Chair Jerome Powell indicated the

Shares fall as Fed not close to done, BoE up next

By Marc Jones and Wayne Cole LONDON/SYDNEY (Reuters) - World shares slipped and the dollar and bond yields jumped on Thursday after the U.S. Federal Reserve shifted the outlook on its tightening from

Gold at two-week low as Powell quashes dovish pivot hopes

By Arundhati Sarkar (Reuters) - Gold prices fell to a near two-week low on Thursday, as the dollar and U.S. bond yields climbed after hawkish comments from Federal Reserve Chair Jerome Powell dashed

Dollar rallies as Fed signals more rate hikes; pound drops

By Amanda Cooper LONDON (Reuters) - The dollar rose on Thursday, buoyed by a sharp rise in Treasury yields, after the Federal Reserve signaled U.S. interest rates will likely peak above where

WhatsApp launches Communities group organizer feature

BENGALURU (Reuters) -WhatsApp is globally rolling out a feature called Communities to organize various chat groups in larger structures, as well as other features such as bigger group video calls and

Oil falls as Fed rate hike raises fuel demand concerns

By Arpan Varghese SINGAPORE (Reuters) -Oil slipped on Thursday as a U.S. interest rate hike pushed up the dollar and increased fears of a global recession that would crimp fuel demand, although losses

Oil slips on strong dollar after Fed rate hike, tight supply lends floor

By Arpan Varghese SINGAPORE (Reuters) -Oil slipped on Thursday as a U.S. interest rate hike pushed up the dollar and fuelled fears of a global recession, although losses were capped by concerns over

Gold wallows in range as Fed’s Powell shoots down pivot hopes

By Eileen Soreng (Reuters) -Gold prices oscillated in a narrow range on Thursday, following a volatile session, after U.S. Federal Reserve Chair Jerome Powell tamped down on expectations of a policy

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?