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Oil Headed For Weekly Loss Despite Doubts Over Hormuz Diplomacy

India, Aug. 28 -- Oil prices were subdued on Friday and headed for a weekly loss amid improving supply prospects through the Strait of Hormuz. Brent crude futures edged down slightly to $88.49 a barr... Read More


AI Companies Warn Critical Infrastructure Has Only Months To Prepare For Cyberattacks

India, Aug. 28 -- OpenAI, Anthropic, Amazon Web Services, Microsoft and more than 100 other companies have warned that organisations may have only months to strengthen their defences against increasin... Read More


Cyclospora Outbreak Linked To Recalled Lettuce Expands To 20 States

India, Aug. 28 -- A multistate outbreak of cyclosporiasis linked to recalled iceberg lettuce has now reached 20 states, with 11,458 infections confirmed, according to the U.S. Food and Drug Administra... Read More


European Shares Inch Higher Ahead Of Warsh Speech

India, Aug. 28 -- European stocks traded higher on Friday as investors awaited Federal Reserve Chair Kevin Warsh's speech at Jackson Hole later today for fresh guidance on inflation, interest rates an... Read More


German Import Price Inflation Accelerates

India, Aug. 28 -- Germany's import price inflation accelerated in July as prices of intermediate goods and energy increased sharply amid tensions in the Middle East, data from Destatis showed Friday. ... Read More


U.S. Dollar Advances As Fed Chair Hints At Possible Rate Hikes While U.S.-Iran Faceoff Continues

India, Aug. 28 -- The U.S. Dollar value edged higher after the U.S. Federal Reserve Chair Kevin Warsh signalled the possible need for an increase in interest rates if inflation does not decline, in hi... Read More


Amazon Announces PPA For Electricity & Wind Energy Projects In Germany, Sweden

India, Aug. 28 -- Amazon.com Inc. (AMZN) Friday said that it has signed a Power Purchase Agreement or PPA in Germany and also announced investments in four new wind energy projects in Sweden. In Germ... Read More


Asian Shares Mixed Before Warsh's Jakson Hole Debut

India, Aug. 28 -- Asian stocks ended mixed on Friday as investors looked for greater clarity over whether talks between Iran and Qatar might open the Strait of Hormuz and reduce supply disruptions fro... Read More


Canadian Stocks Slide Amid Persisting Trade War Concerns, GDP Data Release

India, Aug. 28 -- Canadian stocks moved lower on Friday as investors refrained from big moves amid the intense Canada-U.S. tariff war that began last weekend. The release of Gross Domestic Product dat... Read More


Warsh's Hawkish Tilt Contributes To Weakness On Wall Street

India, Aug. 28 -- After seeing considerable volatility early in the session, stocks moved mostly lower over the course of the trading day on Friday. The major averages all moved to the downside on the... Read More