By Swati Bhat MUMBAI – The Indian rupee gradually recovered after touching a record low on Tuesday, after the central bank intervened while bond yields edged higher tracking the uptick…
By Richa Naidu LONDON – Top baby formula makers Reckitt Benckiser and Nestle have ramped up supplies to the United States to resolve a shortage that has emptied shelves and…
By Richa Naidu LONDON -Imperial Brands is on track to meet its full-year goals helped by strong sales of ecigarettes and heated tobacco in Europe, it said on Tuesday, boosting…
By Karin Strohecker, Ezgi Erkoyun and Sarah El Safty LONDON/ISTANBUL/CAIRO – Like for millions of people in developing and emerging market countries around the world, shopping for staple foods has…
By Nidhi Verma NEW DELHI – Russia became the fourth-largest oil supplier to India in April, with volumes set to rise further in coming months as low prices spur demand…
(Reuters) – The Russian rouble weakened on Tuesday, stepping away from near five-year highs against the euro, after the central bank eased some capital controls that were the main driver…
ZURICH -Credit Suisse Group AG’s credit rating has been downgraded to BBB from BBB+ by Standard & Poors, a blow for the Swiss bank which reported a first quarter loss…
By Richa Naidu LONDON -Nestle SA is flying baby formula supplies to the United States from the Netherlands and Switzerland to alleviate the shortage in U.S. supermarkets, the company said…
By Manoj Kumar and Aftab Ahmed NEW DELHI – India’s wholesale prices accelerated at the fastest pace since at least April 2005, according to Refinitiv data, as the Ukraine war…
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA – Indonesia’s trade surplus jumped to its largest ever at $7.56 billion in April, as exports rose to a record high while imports…
By Kevin Yao BEIJING – China’s slowing economy will struggle to stage the kind of stunning recovery it achieved from the early depths of the pandemic two years ago, as…
By Uday Sampath Kumar (Reuters) -McDonald’s Corp on Monday became one of the biggest global brands to exit Russia, laying out plans to sell all its restaurants after operating in…
LONDON – Shares in London-listed ContourGlobal leapt by a third on Tuesday after U.S. private company KKR agreed to buy the power generation company for 1.75 billion pounds ($2.16 billion)…
By Sonali Paul MELBOURNE – Woodside Petroleum does not expect heavy selling of the company’s shares by BHP Group investors if Woodside’s acquisition of BHP’s petroleum business goes ahead in…
(Reuters) -U.S. private-equity firm KKR has agreed to buy London-listed power generation company ContourGlobal for 1.75 billion pounds ($2.16 billion) in an effort to expand its presence in renewable energy.…
By Makiko Yamazaki TOKYO -Nomura Holdings Inc said it is targeting an up to 90% jump in core pretax income in three years as Japan’s biggest brokerage and investment bank…
A look at the day ahead in markets from Dhara Ranasinghe. Bank of England boss Andrew Bailey is sorry for an “apocalyptic” view of the world, saying that monetary policy…
LONDON – Britain’s competition watchdog will conduct an investigation into the London Stock Exchange’s acquisition of Quantile Group, it said on Tuesday. LSEG said in December it had acquired Quantile…
PARIS – Unemployment in France dipped slightly in the first quarter to the lowest rate in 14 years, official data showed on Tuesday, giving President Emmanuel Macron a boost ahead…
ZURICH – ABB is aiming to increase sales at its motion business 50% quicker than the overall market for electric motors, the Swiss engineering company said on Tuesday ahead of…
By Medha Singh, Lisa Pauline Mattackal and Alun John (Reuters) – Stablecoins, the safe and strait-laced cousins of crypto, are looking distinctly dicey. Tether, USDC and others lost their prized…
By Marcelo Teixeira (Reuters) – Brazilian sugar cane mills are cancelling some sugar export contracts and diverting production to ethanol to cash in on high energy prices, according to people…
By Sabrina Valle HOUSTON – Equinor SA and Exxon Mobil Corp have taken the first steps to expand an $8 billion oil development off Brazil’s coast, the Norwegian oil producer…
SAVERN, MD – On May 15, 2022, at approximately 7:10 p.m., officers responded to the 8500 block of Pioneer Drive in Severn for a report of gunshots. An unknown suspect…
HANOVER, MD – On May 14, 2022, at approximately 11:45 p.m., officers responded for a robbery of a citizen that occurred in the 7000 block of Arundel Mills Blvd in…