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Oil up more than 1% as weaker dollar offsets China concerns

By Rowena Edwards LONDON (Reuters) -Oil prices rose on Tuesday, recouping losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of

European stocks hit six-week high on hopes for rate hike slowdown

By Elizabeth Howcroft LONDON (Reuters) -European stocks rose on Tuesday and the positive market sentiment was set to continue on Wall Street, supported by speculation among investors that central

Oil up more than 2% as weaker dollar offsets China COVID-19 concerns

By Rowena Edwards LONDON (Reuters) -Oil prices rose on Tuesday, recouping losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of

Gold gains over 1% as dollar, yields slip before U.S. Fed meet

By Arundhati Sarkar (Reuters) - Gold prices climbed more than 1% on Tuesday as the dollar and U.S. Treasury yields pulled back on expectations that the Federal Reserve will temper its rate-hike stance

Factory output weakens on widespread slowdown, China COVID curbs

By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Global factory output weakened in October as widespread recession fears, high inflation and China's zero-COVID policy hurt demand, business

Gold gains 1% as dollar, yields slip before U.S. Fed meet

By Arundhati Sarkar (Reuters) - Gold prices climbed 1% on Tuesday as the dollar and U.S. Treasury yields pulled back on expectations that the Federal Reserve will temper its rate-hike stance from next

Record central bank buying lifts global gold demand, WGC says

LONDON (Reuters) - Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping to lift global demand for the metal, the World Gold Council (WGC)

European stocks hit six-week high, investors focus on Fed

By Elizabeth Howcroft LONDON (Reuters) - European stocks rose in early trading on Tuesday, supported by speculation among investors that central banks could come to the end of their rate-hiking cycles

Indian agrochem UPL posts higher Q2 profit, backs full-year forecast

BENGALURU (Reuters) - Indian agriculture chemicals producer UPL Ltd reported a 28.4% rise in quarterly profit on Tuesday, as higher agro commodity prices and a favourable exchange rate offset a drop

Whirlpool’s India unit reports 39% drop in Q2 profit

BENGALURU (Reuters) - Home appliances maker Whirlpool of India reported a 39% drop in second-quarter profit on Tuesday, as costs increased and demand for white goods was muted amid surging inflation.

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

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?