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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 …