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Dollar holds losses after Fed hikes, signals pause

By Karen Brettell NEW YORK (Reuters) - The dollar fell on Wednesday after the Federal Reserve raised interest rates by a quarter of a percentage point and signaled it may pause further increases. In

Equities choppy while Treasury yields, dollar retreat in choppy trading after Fed hikes rates

By Sinéad Carew NEW YORK (Reuters) - MSCI's gauge of stock markets around the world was advancing but trading was choppy on Wednesday while U.S. Treasury yields and the U.S. dollar steepened declines

Oil falls 4%, extending losses after Fed rate hike

By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell 4% on Wednesday, extending steep losses from the previous session after the U.S. Federal Reserve raised interest rates and as investors fretted

Dollar drops after Fed hikes rates and signals pause

By Karen Brettell NEW YORK (Reuters) - The dollar dropped after the Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signaled it may pause further increases.

World Bank board elects US nominee Ajay Banga as president

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The World Bank's board of governors on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, ushering in an

Airbus says engine maker Pratt facing problems with jet support

PARIS (Reuters) - The head of planemaker Airbus said on Wednesday U.S. engine maker Pratt & Whitney has been struggling to support its fleet of passenger jets with enough spare parts and engines. CEO

Stocks meander while Treasuries, dollar fall as traders wait on the Fed

By Sinéad Carew NEW YORK (Reuters) - Wall Street's major indexes were struggling for direction on Wednesday while U.S. Treasury yields fell with traders awaiting an interest rate hike from the U.S.

Dollar dips before expected Fed hike and possible pause

By Karen Brettell NEW YORK (Reuters) - The dollar fell on Wednesday before the Federal Reserve is expected to hike rates for possibly the last time this cycle, which could lead to further dollar

India’s top gas importer sees ‘huge jump’ in demand as prices ease

By Nidhi Verma NEW DELHI (Reuters) - India's top gas importer Petronet LNG expects a 'huge jump' in local gas demand for at least six months due to a softening of global prices of liquefied natural

India’s cost of adapting to climate change needs seen at $1 trillion by 2030 -report

By Swati Bhat MUMBAI (Reuters) - India will spend an estimated 85.6 trillion rupees ($1.05 trillion) by 2030 to adapt its various industries to be compliant with climate change norms, a report by the

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?